In this fast-paced world, several business organizations compete with one another – not just make profits and grow – but to earn the goodwill and trust of their clients as well. In that list, US based medical billing companies are no exception! The demands and deadlines set by the clients are high and so are their expectations. Working in a normal and steady phase will not help in satisfying their needs. One has to work exponentially harder without compromising on the quality to meet such tight deadlines, which is definitely a herculean task. Continue reading “Extended Business Office for Revenue Cycle Management Services”
The Medical Billing Process Flow
The medical billing and coding process is considered one of the key challenges faced by the healthcare domain. Each and every step involved in this intricate process has its own significance and only medical billing specialists can carry them out efficiently. Continue reading “The Medical Billing Process Flow”
Offshore Medical Billing – What are the Benefits?
With the fast changes in the healthcare reimbursement domain, many of the US based medical billing companies are increasingly finding it difficult to service clients with just their internal resources. The best solution is subcontracting some of the medical billing functions to offshore medical billing vendors. Continue reading “Offshore Medical Billing – What are the Benefits?”
The Importance of Correct Charge Entry
Medical Billing and Coding is not as simple as ‘shooting fish in a barrel’! This intricate process involves a host of services, including insurance verification, demo and charge entry, data conversion, indexing, claim submission, payment posting, and revenue cycle management to arrive at the desired result. Continue reading “The Importance of Correct Charge Entry”
Importance of getting Old Medical Records Indexed
In recent times, medical science has advanced to new heights, and numerous drugs are being invented to cure a broad spectrum of diseases. However, the simple fact is that we still watch swarms of patients crowded in hospitals. The reason is that new and challenging diseases develop as we eradicate the old ones. Continue reading “Importance of getting Old Medical Records Indexed”
ACOs – How does it change the healthcare landscape?
With the adoption of the PPACA and the HITECH Acts as a part of the ARRA in 2009, the stage was set for the rollout and fast implementation of ACOs. The idea for an ACO was mooted only in 2006 and the very quick adoption and movement towards this model only highlights the importance of reigning in uncontrolled healthcare spending in the US (compare this to the almost 20 year delay in implementation of ICD-10!!!). Continue reading “ACOs – How does it change the healthcare landscape?”
Getting maximum reimbursements in medical billing
Any physician would be happy to get maximum reimbursements for the service that he/she rendered. But, the present circumstances in the United States demands physicians not only be great healthcare professionals, but also be smart enough to earn maximum reimbursements in medical billing. Continue reading “Getting maximum reimbursements in medical billing”
Why is documentation crucial in medical billing and coding?
With the medical billing and coding industry evolving and changing at an unprecedented rate, the focus has shifted from simple (paper?) to complex and complete documentation – be it on the clinical or process side. As and when new changes get announced, there is more and more emphasis on the necessity for proper documentation. Continue reading “Why is documentation crucial in medical billing and coding?”
Medical billing outsourcing – How to make it successful?
If you are a medical practice that has chosen to outsource medical billing and coding functions, it is essential that you need to follow certain guidelines that will make outsourcing a success for you. Continue reading “Medical billing outsourcing – How to make it successful?”
Why outsource to medical billing specialists?
The U.S healthcare industry is one of the most active segments in the world. The industry often faces great challenges of new process/software implementations while meeting the growing needs of healthcare. The current scenario in the industry requires the healthcare organizations to reduce costs and improvise the processes. Continue reading “Why outsource to medical billing specialists?”