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,

Interoperability in EHRs and Why it is so Important?

In today’s digital age, when we are witnessing an instant exchange of information round the clock, healthcare providers are still struggling to share a patient’s health records with relevant stakeholders. Although the $35 billion incentive offered to physicians as part of the Health Information Technology for Economic and Clinical Health (HITECH) Act in order to

10 Characteristics of an EMR Software

The interpretation of electronic medical records software and there is no doubt about it, possessing an extremely progressive structure which enables conserving an individual tremendous wealth and achieving greater prosperity. Characteristics of Electronic Medical Record (EMR) Software Let’s contemplate, ten exceptional characteristics of the top electronic medical record software programs for merchandising. 1. A Completely

Implementing Electronic Health Records – Tips for Providers

A revolutionary decision was made a decade ago when they decided to implement an electronic health record. Back then, the time and cost to implement the EHR were tremendous but, the results from the EHR altered the practice of medicine to help doctors do what they are best at, save lives! The Health Information Technology

Top Rated Podiatrists in New Jersey

Do you suffer from swollen ankles or feet? Do you have cracks and cuts in your feet that make it painful for you to walk, wear shoes or even stand for a while? If you want to seek relief from all these ailments then you need to schedule an appointment with your nearest podiatrist as

Will You be Among the 87% Penalized under MIPS?

According to CMS data, 87% of solo providers and almost 60% of 2 – 9 provider practices are at risk of being penalized under the new Medicare-based Incentive Payment System (“MIPS”).  Don’t feel badly if you’re asking, “what is MIPS?”  — you still have time to learn about MIPS and ensure you’re not penalized. Under

ICD-10 #3 Team Work to Convert

/ kƏn-‘vƏrt / vb: to turn around or transform b(1): to change from one form or function to another 5a: to make a goal after receiving (a pass) from a teammate (Merriam-Webster Collegiate Dictionary. Tenth Edition. 2001.) This definition is a fairly good summation of the ICD 9-10 conversion: a transformation that requires teamwork. MTBC

ICD-10 #2 Benefits of Electronic Charge Submissions

This time last year doctors everywhere were getting over ICD-10 conversion letdown shock and finding themselves experiencing something between supreme irritation, overwhelming relief, and hopefulness that it was not all for nothing … all the coding seminars attended, all the new coding reference materials bought and shelved. The ICD-10 code conversion had again been put

ICD-10 #1 Tools and Tips

ICD-10 #1 Tools and Tips   Conversion to ICD-10 has actually been going on for some time on a global scale, and is about to be joined by vast numbers of doctors in the U.S. Payers and clearinghouses everywhere have been testing, testing, testing, and most big industry players say they are ready for v10. MTBC

Fourteen Unusual ICD-10 Codes

There are 68,000 billing codes within the current ICD-10 structure, in opposition to an insufficient 13,000 beneath the new ICD-9. The forthcoming symptom codes, calculated to mend the billing procedures and aid in public well-being and value decrease beyond the healthcare transportation arrangement, possess providers, throughout the quarter anxious about the incorporation. The latest survey by