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Showing posts from November, 2021

How To Choose A Chiropractic Billing Company?

  Chiropractic billing can be complex if it’s not being done by the experts. Chiropractic billing services are based on well-trained staff, precise knowledge about the billing code to document the diagnoses, and proper practice management. However, Chiropractors seem to lose almost 44% of the annual revenue due to negligence in billing. Billing scams like over coding and canned diagnosis are the main reasons for medical insurance claim denials. Managing the in-house medical billing process can be time-consuming, confusing, and can hold back the primary concern, i.e., patient care. So, there are valid reasons for chiropractors to partner with third-party chiropractic billing companies. It can relieve the over-burdened billing process, increase the clinic’s reputation, reduce the number of denied insurance claims and generate monthly profit. Although, choosing the right chiropractic billing company is very important to get the benefits needed and achieve success in thi...

Top Challenges Associated With Pharmacy Billing Services

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    Like any other medical billing in healthcare,  pharmacy billing  has never been easy because of its complex procedures and frequent regulation updates. For clinical services provided by a pharmacist, the billing format is different from that of a provider which makes it all the more complicated. Here are a few challenges commonly faced in pharmacy billing services Staff issues – There might be a case of the roles and responsibilities not being identified properly during billing. Sometimes, pharmacies may also settle for inexperienced billers which causes issues like incorrect modifier usage, improper billing calculations, etc. Another major challenge can be when the staff isn’t aware of the updates in the billing system. The staff should always have accessible resources with updated information about the various drugs and their codes. The staff might not always be aware of the maximum dosage requirements of each dr...

Benefits Of Getting Credentialed For Medical Practices

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  We cannot deny that the healthcare system is going through a crucial phase, whether medical changes or coping with the Coronavirus pandemic. The ongoing challenges medical practices have to risk and augmented with the Covid-19 outbreak have overburdened almost every healthcare system. Higher operating costs and assuring patients get appropriate medical treatments have constrained healthcare administrators to study for cost-effective resolutions in every field, whether medical supplies or executing digital solutions for maintaining revenue cycle or  outsourcing medical credentialing services . The Modern Outlook of Healthcare practice Healthcare centers face a daunting responsibility to efficiently manage the economics with growing costs, whether operational or healthcare providers, during their services. The pandemic has significantly combined with the demand as the number of cases is rising, and there is no possible cure in sight. Most hospitals, practitioners, medi...

This Thanksgiving, Gift Your Practice, The Financial Freedom You Always Urged For!

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  The 2021 year has been a flash of events, and we’re already looking at the end of this fantastic year with Thanksgiving around the corner. Though the year was filled with upside and downside events, it has been a game-changer for many industries, including the medical industry. Many medical institutions and practitioners have outsourced their  medical billing services  to gain all the benefits from it.  Grab this Offer :  https://bit.ly/3oGpQdN This year  24/7 Medical Billing Services  has a unique way to celebrate Thanksgiving by offering all of our benefits services such as  Medical Billing & Coding, Credentialing Services, Denial Management,  Revenue Cycle Management ,  among others to help medical institutions & practitioners focus more on patient care and reduce their infrastructure & workforce costs. This year we’re bringing you some Irresistible  Thanksgiving Offers  on our  Medical Billing Service...

Dental Medical Billing Services – Top 3 ICD 10 Codes

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  Not many dentists are aware of performing medical billing for their dental practice . Many of you may think that dental falls under luxury treatment, and therefore, it is not legal to entitle medical billing. But dental medical billing is legal and it requires following proper codes in a right manner. Medical billing is crucial for dental practices since it extensively improves the revenue of your practice, acceptance of many cases, high coverage to patients that increases their percentage of retaining, etc. Coding plays an important role in dental billing because not many dentists are aware of using the right codes or knowing the codes but unable to send claims on-time or spending time for documentation. There are thousands of ICD-10 codes available for dental billing in which we will look at some codes that can impact the medical billing of your dental practice. K03.81 – Cracked tooth K03.81 is a billable diagnosis code that dentists use for specifying a medical...

Understanding the current trends on ASC Billing Services

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    The total healthcare expenditure has seen an exponential increase in recent years. Seeing this growth, the Centers for Medicare and Medicaid Services initiated new programs and payment systems that can help reduce overall costs while enabling physicians and healthcare providers to offer cost-effective care to their patients.   Over the years, the healthcare infrastructure has also seen an increase in outpatient procedures that were conducted in ambulatory surgical centers (ASCs). ASCs exclusively provide outpatient surgeries which are a same-day or 24hour stay, typically focusing on a small subcategory of regular procedures and treatments. This approach allows ASCs to reduce the overall costs of surgery and those linked with post-operative care while allowing healthcare providers to receive similar outcomes and ensure quality patient satisfaction.   Since the Affordable Care Act, reimbursements in ASCs have reduced approximately to 42%   as compar...