Medical Billing Blogs

  It is natural that people get sick and approach healthcare centers for treatment/consultation irrespective of the state of the economy. This is one of the reasons that make hospitals and healthcare-related businesses stay away from recession. Due to the increase in the need for healthcare services among the public, we see a rise in the number of healthcare and related facilities as well. But what drives these facilities to be successful are essential medical supplies in surplus, which has been a motivational factor for starting a DME store. Especially, during this pandemic, people definitely look out for healthcare centers/stores which offer great benefits. Therefore, you cannot find a better time to set up your DME store than considering the current scenario. Giant companies already exist in the market supplying a huge amount of medical supplies to healthcare facilities; yet, there is a large scope for independent DME stores to establish their business as well. Before you im...

  According to a survey by AAFP (American Academy of Family Physicians) , denials are a frequent occurrence accounting for between 5-10% of hospital claims. Denial Management Services Industry experts believe that in order to improve revenue flow, it is very important for providers to keep this number close to 5%. And in order to achieve this, they need to have a robust denial management process in place. Why denials continue to be a challenge? You will be surprised to know that there are quite a few number of providers who still use the manual  denial management  process. This not only creates room for errors but also slows down productivity. According to a survey by  HIMSS Analytics , at least 31% of providers still use the manual denial management procedure. As per an article in  RevCycle Intelligence , most providers or hospitals don’t have an effective denial management process in place, be it manual or electronic. According ...