Medical Billing Blogs

  Navigating the complex medical billing industry can be daunting for dietitians and nutritionists aiming to expand their practice. However, understanding the complexity of medical billing codes ,  credentialing processes, and insurance coverage can significantly enhance the efficiency of claims processing and boost revenue. In this blog, we’ll explore strategic solutions for nutrition as therapy billing, credentialing, and more as part of practical billing tips tailored for dietitians and nutritionists. But before that, it is crucial to know the difference between dietitians and nutritionists, which is as follows: Difference between Dietitians and Nutritionists: Criteria Registered Dieticians (RDs) / Registered Dietician Nutritionists (RDNs) Certified Nutrition Specialists (CNSs) Qualification Process Undergo rigorous qualification processes mandated by the Academy of Nutrition and Dietetics. Undergo training and certification with less stringent requirements. Ability to Bill...

  The CPT 2024 code updates will include 153 new codes spread across the code book. These additions include several Surgery subsections (including Respiratory System, Musculoskeletal System, Urinary System, Cardiovascular System, Female Genital System, and Nervous System), as well as Pathology and Laboratory and the Radiology section. This extension includes the recently introduced COVID-19 codes, which became effective for Medicare on September 11, 2023. In addition, 73 codes have received modifications, including several E/M code updates. Furthermore, 102 codes have been eliminated, largely from the pathology and laboratory code categories, as well as Category III new technology codes.  According to the American Medical Association (AMA), the annual update resulted in 349 editorial changes. Not only this but the  American Medical Association (AMA)  has also provided Spanish language descriptors for over 11,000 medical services and procedures. These descriptors have...

  Did you know? According to   an American Hospitals Association report in 2019 , uncompensated hospital care costs exceeded $620 billion. Failures in claims processing, billing, payments, and bad debt collection cost healthcare providers $300 billion annually. As per the Mckinsey article, 99% of medical bills over $3000 were not paid in full. According to Bloomberg, bankruptcies in the healthcare sector tripled in 2017. Eight hospitals declared bankruptcy in the first three quarters of 2018, and nine others closed their doors. These statistics highlight the major issue confronting US healthcare providers today, i.e., revenue erosion. Many factors are responsible for this problem. The complexity of regulations, the fragmented nature of the US healthcare system, and billing inefficiencies are three major ones. We can only do a little about the first two, but we can and must work on the third. Let’s discuss reasons to outsource medical billing management in 2023. The best altern...