ecare India Blog - Page 8 of 21 - Blog on Medical Billing, Billing Outsourcing and Healthcare Billing

July 20, 2020September 24, 2020

5 Tips To Keep Your Medical Billing Business Afloat During COVID-19

COVID 19 pandemic attack has been precipitous and has affected almost all sectors, healthcare organizations and medical billing companies being in the vanguard during this travail state are most vulnerable. Physicians fighting at the forefront disposing themselves to the death-dealing coronavirus and working extended hours, the billing companies are struggling to get accustomed to the new billing and coding guidelines, altered insurance policy guidelines, and CMS rules and regulations, etc. COVID 19 has put the entire medical billing business into a stressful situation and keeping the business afloat has become a challenge. However, following some simple steps will prevent your business and the revenue loss substantially.

June 29, 2020September 24, 2020

COVID-19 Update – Ambulatory Surgery Centers and CMS

In a drive to assist the hospitals, practices, and physicians to grapple the pandemic sequel, The Center for Medicare and Medicaid Services (CMS) has been introducing various initiatives and waivers since the onset of Covid-19 viral attack. Earlier on March 30, 2020, an initiative called “Hospitals without walls” was announced by CMS as an effort to address the surging number of Covid-19 positive cases. According to this program, Ambulatory Surgery Center’s (ASC) roles have been expanded to assist hospitals by contracting or leasing their space to the local healthcare systems or hospitals. However, the contract and agreement need to abide and be consistent with the state regulatory law and licensing.

June 19, 2020December 24, 2020

How to Optimize Healthcare Revenue Cycle Management?

Revenue Cycle Management

Revenue Cycle Management is one of the major processes in medical billing. RCM process is the primed for revenue improvement. RCM is the process of collecting and managing the business revenue from payers based on the services rendered. Successful revenue cycle management is required to keep up the financial viability. Let’s discuss the revenue cycle management optimization.

June 16, 2020September 24, 2020

Why Outsourcing Insurance Eligibility Verification Services Is A Good Choice?

Insurance Eligibility Verification is the process of verifying the patient’s insurance coverage details and its authenticity with the Insurance Company. Insurance Eligibility Verification should be done prior to the patient’s appointment with the physician to ensure the service provided will be reimbursed. This process is crucial to avoid claims rejections and must be done as the first step to determine the service charges and patient’s responsibility also referred to as the patient’s share, and get any prior authorization if required.

June 15, 2020September 24, 2020

How To Avoid And Manage The Medical Claim Denials?

Medical billing is one of the major factors to decide the financial success rate of the practice, and claim denials affect the cash flow of the practice. Every new claim denials lead to revenue leaks. That’s why denials look like a painful financial drain on practices. For better claims denial management, you have to identify the denials and reasons of the denials. Avoiding and reducing the claims denials will improve the cash flow. Let’s discuss the claims denial management and strategies to avoid and manage the claim denials.

June 10, 2020September 24, 2020

Strategies to Improve Account Receivable Management

Effective account receivable management strategies are a crucial part of running an effective healthcare practice. An improving and streamlined account receivable process carries many advantages to the table. It also impacts the overall medical billing operations. By adopting an efficient strategy, dramatic improvements result in the account receivable process and provide exciting benefits for the business. Let us discuss some of the strategies to improve account receivable management.

May 28, 2020September 24, 2020

How Healthcare Trends Impact The Healthcare Revenue Cycle?

Healthcare revenue cycles are continually searching for revenue integrity solutions. Healthcare pricing transparencies, the rapid development of artificial intelligence, automation process, electronic claims processing, revenue cycle outsourcing, expanding consistently in the flow of data among Payers and Providers are few of the trends which are shaping up the healthcare industry. Let’s us discuss those trends in concise

May 15, 2020September 24, 2020

How to Improve Billing Experience for Providers during Covid-19?

With the outbreak and increased positive cases of the novel coronavirus across the nation, healthcare providers are working continuously servicing the patients. At this critical time of increased demand for their services, it is possible for the billing process to take a back seat which may, in turn, affect the revenue flow affecting the business. Healthcare providers are already struggling in the frontline treating patients. And the other area of concern aroused during this pandemic attack is running the medical billing process smoothly and keeping the healthcare revenue cycle flow intact.

April 30, 2020May 1, 2020

How Digital Health Technology Is Revolutionizing Healthcare

Digital health is a trending topic in the healthcare industry because of how it is gradually reshaping developed health systems all over the world. Digital health has become an impacting factor in healthcare. Nowadays, to communicate with doctors, patients use digital networks that help them to enjoy the healthcare experience benefits. Digital health provides access to manage health data. With the help of digital health, old medical records can be tracked well. Digital health solutions improve practice efficiency and reduce costs. Let us discuss briefly how digital health is revolutionizing healthcare.

April 16, 2020May 1, 2020

Impact of Artificial Intelligence in Medical Billing

For many, imagining the future of the healthcare field is a difficult thing in the age of artificial intelligence (AI). There’s a lot of thought about artificial intelligence (AI) impact on the healthcare industry. Generally, AI helps healthcare providers to streamline their medical practice. AI tools powered by machine learning help in managing and analyzing the patient data, improve healthcare across the board. Let’s discuss how this can technology help you to improve the revenue cycle and impact on medical billing and coding.