Medical Billing Blogs

  While different medical billing and coding have their challenges in the healthcare sector, cardiology practices pose a different, intricate, and tedious nature of issues. The cardiology practitioners are already dedicating significant time and resources following the regulations and adequately maintaining the paperwork. But still the recent rollout of the ICD-10 buzzword requires huge documentations, billing and coding compliance, and auditing. Failure to follow any one of the rules and regulations related to the ICD-10 will definitely impact the revenue cycle of your cardiology practice. Since cardiology is a specialty practice, it offers a range of services. It includes invasive procedures, blood work, radiology tests, interventions to patients in different settings, etc. Based on the services provided, the care, medication, and the handling of the situation will determine the degree of cardiology billing and coding. Also, there are various factors such as whether the pa...

  The recent health's study revealed that the ground ambulance costs for patients have been increased from $486 to $759 between 2017 and 2020. Despite the 56% increase and the rising of ambulance services fee from $1,042 to $1,277 during the same period, Medicare have increased the reimbursement by mere 5% only, i.e., from $441 to $463. But the only thing you want when providing ambulatory services is to get the 100% reimbursement. With all the changed regulations and new rules in place, it is pretty easy to get your bills rejected by the insurer. So, what should be done? Here are five proven tips that will ensure the best way to get the claims and manage the revenue with your ambulance billing. 1. Validation & Checklists The billing system of your ambulatory services needs to be smooth-running and efficient-managed to ensure the quick payments. It can be achieved easily with mistake-free EMS claim submission. The process starts with the correct details about the di...

  The national government’s measure to reduce healthcare expenditures in Philadelphia, Pennsylvania (PA)   can only be supported by physicians   by optimizing expenses and improving revenue. Letting a professional medical billing company handle your medical billing can help you enhance collections by 20%. Hence, Chiropractors in Philadelphia, Pennsylvania (PA)   are willing to outsource their  Chiropractic Billing Services . With new laws and restrictions of private insurance providers, chiropractic billing Services in Philadelphia, Pennsylvania (PA) have become quite challenging. As a result, some chiropractors in Philadelphia, Pennsylvania (PA)   need to alter their revenue cycle process and billing workflows to submit clean claims and minimize denials in the tech-oriented world. In general, there are about 75,000 chiropractic medics in the U.S. momentarily. With the government’s Significant Use  EHR subsidies , this healthcare industry componen...

Kansas City in the state of Missouri (MO) is tumbling with healthcare and  medical billing services  due to its enormous and diverse population. Radiology Billing Services in Kansas City, Missouri (MO) is not that equipped to handle the billing requirements this specialty generates. Understanding the Complexities involved in Radiology Billing Services in Kansas City, Missouri (MO) There are additional complexities in Radiology Billing Services in Kansas City that need to be comprehended. These complexities include rising infrastructure costs, descending reimbursement pressure, and variation in a payer mix. These are some significances that negatively affect an organization’s prevailing profit and remuneration; hence, you must have sound specialists who are very well-versed in Radiology Billing Services in Kansas City, Missouri (MO). Radiology Billing and Services   is an exhilarating department dealing with x-rays and calculated tomography. It involves diverse concepts th...

  The impact of the COVID-19 continued with the implementation of the new round of Medicare's Competitive Bidding Program. In fact, the year 2021 has witnessed numerous acquisitions and mergers like never before just to overcome these hurdles of the pandemic. Not only this, the numerous industries including the medical sector continued to be plagued with compliance concerns. All this has also impacted the Durable Medical Equipment (DME) billing services. Undoubtedly, constant changes in regulatory compliance have already made it hard for the DME providers to stay up to date. On the other hand, the year 2022 will see such more additions and changes in the medical billing and coding system. Hence it is better to stay updated about the changes that can be expected for better patient services. It will also ensure that mistakes are being avoided while making the DME billing and coding process cost-effective. Continuous Glucose Monitors The Centres for Medicare & Medicaid Ser...

Dermatology Medical billing can be considered a complicated services in technicality and ever-changing regulations in Tulsa, making it challenging to regularize medical billing procedures. To fetch about some uniformity in billing and coding, the Coding Standards Committee developed new coding standards that comprise a pool of designated coding and billing professionals. Tulsa, Oklahoma (OK) has been following these changes regularly. Dermatology Billing Services in Tulsa, Oklahoma (OK) should be more effective since it administers the entire procedure right from patient contact to paid account credits and everything that arrives in between. Dermatology Medical Billing Service is a constant process where your dermatology practice initiates with a patient visit till you reach a stage of no-pending refunds from your insurer. Helping Dermatology practitioners Save More additional and Spend Less It has become essential for Dermatology practitioners in Tuls...

The national government’s measure to reduce healthcare expenditures in Phoenix, Arizona (AZ)   can only be supported by physicians   by optimizing expenses and improving revenue. Letting a professional medical billing company handle your medical billing can help you enhance collections by 20%. Hence, Chiropractors in Phoenix, Arizona (AZ)   are willing to outsource their  Chiropractic Billing Services . With new laws and restrictions of private insurance providers, Chiropractic Billing Services in Phoenix, Arizona (AZ) have become quite challenging. As a result, some chiropractors in Phoenix, Arizona (AZ)   need to alter their revenue cycle process and billing workflows to submit clean claims and minimize denials in the tech-oriented world. In general, there are about 75,000 chiropractic medics in the U.S. momentarily. With the government’s Significant Use  EHR subsidies , this healthcare industry component may grow by more than 15% over the coming dec...

  The most shocking fact is that US hospitals provide $42.67 billion worth of uncompensated care to their patients. It means that such healthcare organizations are bleeding revenue money, and the core issue lies at the revenue cycle management inefficiency. Is your hospital one of those rendering unwanted free services to patients? If the answer is yes, there is a need to know about such challenges. This article will discuss 5 top revenue cycle challenges and how to overcome them in 2022, so you can run the profitable healthcare services. Challenge 1: Ineffective Medical Coding and Collection  Are you aware of 140,000+ medical codes required for getting the reimbursements of claims? In addition, when a claim is being lodged, the coding staff must have comprehensive documentations available to them to put these code claims accurately. Unfortunately, the insurers are now scrutinizing the claims in more detail and emphasizing prerequisite payment.  All this indicat...