Medical Billing Blogs

  South Carolina 24/7 Medical Billing Services has proved to be a pioneer in the field of medical billing and revenue cycle management (RCM) services for over a decade. It has been a key pillar of support for several healthcare organizations and medical billing companies through quality outsourcing services. Its recent contract with a South Carolina based medical billing company is a successful stride in the same direction poised to take both stakeholders to new heights. The healthcare industry has seen a paradigm shift over the last couple of years, leading organizations to rethink many traditional aspects of their daily work keeping resource efficiency in mind.   “While having separate in-house departments for each function of an organization could seem like a mark of size and success, it poses a huge challenge in terms of humongous resources spent on hiring’s, management, operations, and replacements in-house,” notes Hariharsudan, Founder & CEO, 24/7 Medical Bi...

  Do you know that the payers reject up to 10% of all the claims submitted in healthcare practice? However, approximately 90% of the claims that are denied are preventable. The rules and regulations for the claim submission can also vary based on the payer and the patient conditions, and the services offered. But even the most meticulous medical billers experience claim denials. Is denial management a significant issue? Once you are aware of the most common denial reasons, you can certainly avoid them and reduce the number of claim denials. Here are the common ways by which you can prevent the claim denials: 1.       Always verify the eligibility and the insurance Around 24% of the denials happen because of ineligibility. Just like people change their jobs, people change their insurance plans as well. So it is always important to check the coverage of the patient before rendering any service. Also, check- is their coverage still active, do they hav...