Medical Billing Services Archive

5 Medical Billing Strategies to Maximize Your Collections

The introduction of time consuming and value-based incentive models, as well as rapidly changing medical billing rules and regulations have affected the cash flow of practices across the U.S. These recent reforms to the healthcare system have brought on new challenges for providers, and it is now much more difficult for physicians to remain independent

Why Should You Outsource Your Medical Billing?

Medical billing is one of the most time consuming and frustrating tasks that often diverts the attention of medical practitioners from their core expertise. Why? Because they often end up overseeing the billing themselves, or at the very least, being heavily involved in the process. This is like asking a Mathematician to perform the job

Why Small Practices Should Consider Outsourcing Their Medical Billing

Medical billing is a complex matter, as there is a lot that goes on in the back-end to make it a success. Careful and sometimes tedious tasks are required and then executed by specialists in the arena. So, if you run or own a small practice and are considering the idea of taking your medical

How to Choose the Right Medical Billing Solution for Your Practice

The financial fitness of any practice is tied directly to efficient medical billing collection, compliance, and follow-ups throughout the claims process. An effective cash flow system is essential in order to keep the financial health of your practice strong. Constant rule updates and new policies like the transition to ICD-10 from ICD-9 are making the

How to Improve the Medical Billing Collections of your Practice in 2018

Cash flow is the backbone of every business and the healthcare arena is no exception. And, given that 2018 presents a challenging economy and higher inflation rates, there is a trend we’re seeing in patients who are reluctant to pay their co-payments and deductibles. This problem puts the cash flow of healthcare providers at risk

Top 5 Successful Revenue Cycle Management Strategies in 2018

Hospitals and providers miss out on millions of dollars of revenue every year due to inefficient revenue cycle management practices. Administration, medical coding & billing, and many more pieces of the healthcare practice work together to drive the practice’s growth. A slight error or malpractice can greatly disturb the complete revenue cycle. If it continues,

8 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

Medical Billing and Coding; Why It’s A Career You Should Pursue

The medical billing profession branch is not for every person. It demands tranquility, cooperation, and methodical efficiency to utilize appropriate medical codes and billing insurance organizations, perfectly. And it’s a professional branch for individuals who should be employed in the medical branch, thus will wish to labor in the managerial line, instead of the objective

What to Look For In A Medical Billing Service Company

In these doubtful times, with every alterating law of how claims are consented, obtained and organized by Insurance Carriers, it can be completely formidable commercially. The greatest customary enquirers interrogated are: Is the greatest collection being obtained feasible? How does an individual learn that he or she is obtaining to a feasible extent? How does

Seven Points to Consider While Reviewing Your Medical Bill

Billing mistakes or defrauds that make patients sway indicates even more extensive complications in the time to come, since highly reduced programs help clients who are accountable for the additional   advanced medical expenses. While healthcare prices rising, greater than the extent of half of the organizations are establishing or lengthening the highly reduced program contributions,