Yes, hospital, clinics, doctors, healthcare professionals are responsible for keeping people in pink of their health, but they also need money to keep their medical practice financially healthy. This is where healthcare revenue management comes into the picture. Medical/healthcare revenue cycle management is a crucial element of medical service providers which is responsible to … Read moreMEDICAL RCM: AT A GLANCE
People don’t purchase basic products without all the essential documentation like warranty, quality check, etc. How do you expect patients to seek health care services from you if the medical practitioner you hire cannot justify their qualification and experience? Which is why medical credentialing is essential for every healthcare service provider. CREDENTIALING: Credentialing is the … Read moreWhy outsource medical credentialing specialist?
Medical billing is the most invisible engines of healthcare reimbursement. It won’t be easy to efficiently transmit critical data in the absence of medical billing. One of the biggest hurdle faced by medical practitioners is to get paid for their services. In order to be profitable, it is critical to have an efficient billing and … Read more4 Best Medical Practice that you can’t Afford to Miss
One of the core processes of health care practitioner is Revenue Cycle Management. You need to turn around your medical practice to make revenue. Even though your patients are your first priority but maintaining flow with the changing rules and regulations can become a nightmare. This even lead to loss of revenue when claims are … Read more3 Ways to Protect burnout from your team
Health Insurance Portability and Accounting Act of 1996 is a significant health care law, which Medicare providers need to follow. This federal law is designed to allow the portability of protected health data for billing purpose. This ensures proper billing across the country. HIPAA created certain measures and procedures that all the physicians and covered … Read moreHow Risk Analyzing for HIPAA Compliance can be Helpful
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
Do you know what poor Revenue Cycle Management in health care business means? Harsh effect on the patient doctor relationship which leads to major downfall of business. Reputation of the company might go on stake. Unnecessary headaches and overheads. Outsource Medical Transcription is one solution. Liberate yourself from the burdens of billing, follow ups, … Read moreConclusion on ‘Why Outsource Medical Coding and Billing?’
ICD-10 change was expected to be the biggest break through in the Healthcare industry but when it was at the brink of creating history, Obama decided to Delay it, again! ICD-10, which was supposed to be implemented in October this year has been delayed. Health care professionals seem to be more annoyed than disappointed with … Read moreHopes Drown As ICD-10 Gets Postponed