Medical Billing Archive

Eight Medical Billing Miscalculations to Look For

Several millions of Americans are actually paying too highly on the medical payments as a result of regular miscalculations, indicating its equivalent fees, wrong data in the same way that an incorrect insurance identification number, or an unreasonably high amount of services rendered. Mistakes with such problems can have an outcome of thousands of dollars being

The Benefits to Subcontracting Medical Billing

Medical billing is likely to be an exacting and strenuous endeavor for little medical practices. This explains why numerous medical practitioners or practice managers make a selection to subcontract the medical workplace billing to an accomplished medical billing establishment. There are numerous benefits for contracting out medical billing. It reserves time and wealth and wipes

Strengthen Your Medical Billing With These Seven Steps

Cash flow is important for the prosperity of every practice management. Achieving the billing process in an appropriate and organized fashion means submitting claims correctly and collecting genuine compensation. There are many ways a medical biller can implement to stay up-to-date on alterations, and guarantee that the claims are billed and operated precisely. The following

A Look Inside Medical Billing and Coding Software

Medical billing and coding software offer solutions for all the billing related needs in a hospital. This software can be used to handle all medical insurance billing services that include all the billing needs of the physician. It can also be used to submit claims, bill the patients, to follow up with the rejected claims

Training Centers started Medical Billing Programs on ICD 10 Codes

There have been much advancement in the healthcare sector and the latest one is the introduction of ICD 10 codes. Now, ICD 10 implementation is not an easy task, mainly because it requires training. However, the medical billing program of some of the firms has come up with training in ICD 10 codes. One of

Leverage Your Practice to Generate More Revenue

I have said to many physicians, the best revenue is the revenue you did not directly generate.  That is where leveraging your office resources comes in.  A physician always thinks to generate more revenue they need to work harder but that is not always the case.  Diagnostics are an excellent source of indirect revenue.  Diagnostics

Technology is Key to Achieving ACO Success

A study by America’s Health Insurance Plans (AHIP) found, “Technical assistance to providers has been identified as one of the key requirements to their success in accountable care arrangements.” See AHIP. MTBC’s suite of services is an ideal solution for providers interested in joining forces to create an Accountable Care Organization.  MTBC offers end-to-end revenue

A Warranty for Your Health?

When you buy a car, the manufacturer usually offers some kind of warranty on your purchase e.g. bumper-to-bumper coverage for 50,000 miles or 5 years, whichever comes first. Or coverage for 100,000 miles for the power train and 50,000 miles bumper-to-bumper. Some are now offering oil changes for life, free car washes, dry cleaning, or

Real-time Claims Adjudication

Real-time claims adjudication: the process by which medical billing claims are submitted to a payer for processing whereby the claims are adjudicated automatically and payment/denial information is sent back to the submitter in real-time. The process allows the medical practice to submit a patient’s claim to the payer and determine the patient responsibility while the