Are you experiencing numerous claim denials? Medical healthcare can increase the chances of higher reimbursement by knowing the reason behind denied claim and taking necessary steps to prevent these errors. Let’ see the top 6 reasons behind claim denials: Duplicate Claims Medical practices and hospitals plays huge part in generating duplicate claims that results in … Read moreTop 6 reasons behind claim Denials
Earlier physicians use to rely on single office manager to perform coding and billing along with overseeing operations. Practitioners are under large amount of scrutiny by payers and auditors, required for highly specialized healthcare knowledge. Blended with EHR implementations, ACA and transition to ICD-10 results in struggling to stay in the market. Many practices have … Read moreWays in which Certified Coder Enhances your Revenue
A well planned VMV is crucial for strategic direction of a company. Without having strong foundation of values illustrated through vision, it gets difficult for an organization to ensure a constant growth. An organization can’t distinguish, identify or explain itself to its customers and employees without having a powerful VMV. The basic features that … Read moreMedphine’s Growth Aligned with VMV
Many physicians are opting for outsourcing their medical coding and billing requirements rather than keeping it in house. It’s one of the difficult decision which can immensely affect your areas of medical practice. But the complicated nature of regulatory environment and immediate concerns together with the idea that every single dollar can be collected are … Read more5 Tell Tale Signs to Outsource your Revenue Practices
Indeed, outsourcing your medical coding and billing is the best decision that you have ever made. Usually companies go for medical coding and billing when they don’t have the resources, space and finance to keep up all this in-house. However there are many medical business who have made wrong decisions in selecting their medical coding … Read more6 Signs Indicating a Wrong Choice of Billing Partner
What is that one thing which is more crucial than billing process? Yes! You guessed it right, it’s the collection process. You can have a blooming revenue cycle, if you can overcome the hurdles of payment collection. With growing years this task is becoming even more challenging because of rising requirements for filing claims and … Read more5 Collections Tips for Medical Pros
Medphine conducted a workshop on 19th October in Houston Technology Centre in Houston, TX. The workshop strive towards helping the medical practitioners in managing the complex billing issues through hands-on tips and cutting edge strategy.This workshop covered wide range of solutions for dental, medical, rehabilitation, home health practices and pharmacy, who are getting reimbursed by … Read moreMedphine Hosts Medical Billing Workshop in Houston
Family practice medical service involves various field of medicine. Medical biller working for family practice should have complete knowledge of procedure codes and diagnosis that are used by medical physicians. This ensures that insurance companies are billing correctly and physicians are receiving maximum reimbursement for the service that they are rendering. Coders must have a … Read more4 Mistakes To Avoid When With Family Practice Billing
The way hospitals incorporate revenue cycle into their practice affects the overall prosperity of their organization. Few studies have traced there is some kind of consistency among successful hospitals. Most of these consistency is related to the revenue cycle. Here are the 3 top secrets of the successful hospitals. YOUR MEDICAL STAFF Most successful hospitals … Read more3 Secrets of Successful Hospitals Revealed Here
Healthcare industry is experiencing new changes and the ways of getting reimbursement is transforming too. A more focused value based care against volume has led many providers and healthcare industries to consider accountable and models which are patient centred, in which there is greater risk according to many physicians. In this changing medical industry, you … Read more4 Ways To Increase Insurance Claims