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Showing posts from July, 2021

Medical Billing Services For Radiology Is In Rise!

The   medical billing services   are necessary for every sector of the healthcare industry and it can improve the productivity within a short span of time. One such important sector of medical industry is radiology. The radiology should be given medical billing services which can gradually increase and improve the complete scenario of the healthcare industry. Only new and updated coding is being used in radiology billing which is helping people to get a new and user-friendly usage with billing. Expertise hands Many of the medical billing services are using only the expertise codes which can help the medical industry to improve in far more ways. The codes are singularly designed for Interventional radiology procedures MRI Nuclear medicine Tomography Ultrasound X-ray The codes are designed with some of the latest trends and technologies which are making people to improve everything in a short span of time. The new updates on radiology are made with  ICD-10  and it give...

All You Want To Know About Urology Billing Services

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  It goes without saying that the business process in urology practice is no different from any other practice. And it’s a known fact that the medical billing process is complicated too. You’ll have to jump through various hoops if you need to get paid for the services you provide. The payment process is hard and rules are harder and complicated. The complete billing process and collection method have to be equally time saving and accurate. None of it will work if you don’t actively participate in the process. Medical billing is a complex area even for urology practice Complexity in the urology medical billing process can be easily managed by a company that effectively handles multiple projects and has a team of well-trained urology billing professionals. The  urology medical billing experts  should be aware of the particular codes and decide that make up the universe of urology medical billing. As the cost of urology-related medical services keeps on rising, clinical pra...

Billing Challenges In Wound Care Billing System

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  Most medical centers provide excellent wound care services to patients, but they face a lot of issues with wound care billing system. Most physicians and hospitals don’t have a proper billing system in place, and hence they are losing a significant amount of revenue. Nowadays, it is vital to understand the challenges in the medical billing system for wound care and seek out solutions for the same. Wound Care Management,  billing and coding procedure  that requires the in-house accounts department to be constantly on their toes. From coding and billing, instalment/payment for wound care administrations is an incredible challenge in numerous facilities. The most essential function of which is to tackle the denials proving to be a hindrance to a clinic’s bottom line. Avoiding confusion is critical, particularly for wound care management. From a billing and coding perspective, wound care includes the evaluation of services and the management of denials and denial compliance...

Why Outsourcing Ambulatory Surgical Center (ASC) Billing Works

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Your Ambulatory Surgical Center (ASC) will succeed with both patient satisfaction and a reliable & proper medical billing process. When your ASC is facing losses money because of mismanagement of the revenue cycle, your practice may face an unnecessary risk for more losses in revenue than what is earned, which may further cause extremely stressful conditions. Errors in medical billing are one of the concerns that may harm a private Ambulatory Surgery Center. Medical coding is changing all the time and without notice. Regulatory changes are constantly being updated and can change the way you handle the ASC medical billing process. Not being in line with these changes may cost you more. As per a Black Book survey, around 80% of hospital leaders are now thinking of outsourcing their revenue cycle management services. Some ASCs will still choose to manage their financial service in house, but there are so many advantages to outsourcing your medical billing and coding. Ambulatory surgic...

Prioritizing Patient Engagement

  Want to make your practice profitable? Make sure you are focusing on patient engagement. It is not only important for improving the quality of care and service for hospitals and practices but also for ensuring better health outcomes for your patients. As per a  Deloitte  survey of  healthcare  consumers, personalized care from providers, including sensitivity and clear communication is the number one care priority for patients. Any healthcare organization can function sustainably if its resources are well-aligned with the patients’ priorities. As a growing number of patients are asking for transparent and responsive healthcare systems, your practice cannot afford to ignore the importance of engagement. Patient engagement is not just for patients Yes, you read that right. Engagement strategies will not only help the patients but also your staff. It is recommended to offload some administrative tasks to the patients, if they are ready to accept them. For instanc...

Top 5 EHRs Used By Chiropractors

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Just like any other healthcare practice, chiropractors are shifting their medical billing systems from paper to digital forms. Since   chiropractic medical billing and coding   has become a complex process, they are in need of systems that can meet requirements and qualify for the federal incentive money to get a subsidy on the purchase of their EHR. If you are a chiropractor and looking for a proven list of chiropractor software, this guide covers the most important features and considerations you need to take while selecting a chiropractic EHR. First, you need to understand the basic features of the EHR for your chiropractic practice Charting Templates Specialty-specific templates are why EHRs differentiate themselves for specialists and primary care physicians. Most chiropractic software comes equipped with templates that fit the specialty’s process. These EHRs are not the only options available but may not be the limited options for every practice. Quality Reports To compl...

Is Your Practice Prepared To Deal With Radiology Billing Challenges?

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Outsourcing of   radiology billing   services has become a common trend in the US healthcare industry. Healthcare experts are choosing to hire a reliable medical billing partner to ensure accuracy in   claims submission . This is because lack of time and manpower has made it daunting for radiologists to keep a track of billing and coding processes. Billing inefficiencies are not only resulting in denials and affecting payments but also impacting the integrity of the practice. Radiology practices are constantly under pressure to prove their value and stay ahead of the curve. Considering the changes in payment models and introduction of quality measures, they have to make more efforts in order to thrive and survive in the changing landscape. If claim denials and delayed payments have been an issue for your radiology practice as well, then you need to take necessary measures in order to get your practice back on track. Here are some of the common radiology billing challenges...

Medical Billing Outsourcing – Common Myths Busted

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Considering medical billing outsourcing is one of the best choices you would have while thinking about sustaining and expanding your medical practice. While there are so many articles about whether you should   outsource your medical practice   or not, a few are talking about the myths it holds. We know medical billing is a complicated process in today’s healthcare system. It is a complex process of submitting and following up on claims with insurance agencies to clear payments for care provided by the healthcare provider. To make sure that the practices receive payment for the services, the medical biller is responsible. Therefore, a medical practice needs to have a knowledgeable medical biller and coder who can optimize revenue for the practice. For this, you have two options. Either you can hire an in-house medical biller or simply outsource your medical billing to an expert agency. Is in-house medical billing more beneficial? Some practices prefer having control over their...

How To Manage Billing Challenges In Sports Medicine Services?

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Sports medicine medical billing encounters numerous challenges due to the shortage of broad recognition of sports medicine as a medical practice. Many insurance corporations decline to recognize dual credentials in both group medicine and sports medicine. Consultations from referrals usually are compensated only if this specialist provider is classified as a primary care provider or family care physician. Providing reliable and affordable services ensures appropriate reimbursement by submitting applications that incorporate the same modifiers and codes for different sports medicine services. An authorized  HIPAA-compliant  medical billing group is encouraged about the reimbursement policies of all significant private and government insurers. Sports practitioners aren’t tangibly separated from family physicians, and a family physician can become a sports physician by practicing for a dual credential with insurance authorizations. However, when family physicians practice for a s...