Blog on Medical Billing, Billing Outsourcing and Healthcare Billing
Accounts receivable management is one of the biggest challenges in the healthcare industry. Improving and optimizing accounts receivable processes provides many benefits to every practice. Streamlined accounts receivable processes make a positive impact on revenue cycle operations. Here we discuss how Account receivable management helps you to get paid.
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Many Providers and healthcare organizations partner with experienced medical billing companies in the hopes that they would be offered ASC billing services as well. However, most US medical billing companies lack the skill to process ambulatory surgical center billing. ASC medical billing and coding are not like processing normal physician billing claims. It has so many differences and is quite complicated in terms of billing and coding. As there is room for huge claim denials, the in-house medical billing team cannot tackle both normal and ASC billing independently. Therefore, partnering with an offshore vendor that is skilled in Ambulatory surgical center billing would be the best solution. In this article, let’s learn about the 6 critical things about ASC billing and coding services and how offshore vendors help in tacking them:
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The first promise that all US medical billing companies make to their clients (Healthcare Providers and Facilities) is to offer value-added medical billing and coding services and increase the efficiency and revenue. However, most of them fail to keep up with their potentials due to booming healthcare reforms, new standards, and technology & software updates, which have extremely changed the working conditions of the healthcare industry. To help practices run their businesses efficiently, US medical coding companies can partner with offshore vendors that come with all the loaded goods. In this article, let’s learn how offshore companies provide a helping hand to their clients:
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The US healthcare industry has been booming with new trends that have changed the regular working conditions of Providers as well as medical billing companies. The unbelievable dive in the software and automation of medical billing, transition to value-based care and Self-pay are some of them. Keeping up with new trends and carrying out medical billing without errors could be a huge challenge. It’s the reason why US healthcare billing companies should consider medical billing outsourcing, a healthier option to stay successful in this competitive industry. It’s would be great if they choose Indian vendors, as they have an upper hand over their counterparts in other countries. Let’s discuss their benefits:
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Surprise medical billing is one of the hot topics that has been trending in the healthcare industry recently. Despite doing tons of research, picking the right plan, and paying the premium on time, patients sometimes receive surprise bills for the care they get from their in-network facility. They get such huge bills because an out-of-network Provider might have rendered the healthcare services. Some recent real-time cases have hit the headlines and the issue blew up, reaching the forefront of the US healthcare discussion. Let’s discuss more this issue:
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With the progression of avant-garde technologies, the healthcare industry has been perceiving tremendous growth in recent times. The increasing patients’ demand for reasonable care adds more fuel to the growth of the industry. US medical billing companies and Providers are under massive pressure as they have to process error-free medical claims at the same time provide exceptional care. As a result, the need for outsourcing medical billing increased. India is emerging as a major hub for outsourcing medical billing services and the reasons are many. Let’s discuss why medical billing companies in India have an upper hand over their counterparts in other countries:
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The prime motive of every physician is to provide un-compromised medical services to his/her patients. It is based on the quality of the services that patients decide whether to visit the same physician or change for good.
Continue reading “6 Steps for Streamlining Physician Credentialing Processes”
With numerous insurance carrier policy changes, commencement of new medical reforms, and never-ending technical and software advancements, medical billing and coding has become a extraordinary task for US medical billing companies. It is to ease of this excess cases that the concept of outsourcing came into existence.
Continue reading “The Difference between keeping your Medical Billing & Coding services In-House and Outsourcing”
After the nation witnessed some remarkable medical reforms, healthcare providers and US medical billing companies found it really hard to come up with the new challenges. Although they tried to adapt to these changes, the impact was large enough that US medical billing companies still struggle to manage medical coding services. As operating costs rise and patients with high-deductible health plans increase, managing AR (Accounts Receivable) has also become a herculean task. Mounting accounts receivable means reduced cash flow. This is the situation in most of the US medical billing companies and their revenue cycle have been affected badly. In this article let’s learn what Accounts Receivable management is and how to manage aging AR prudently:
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The US healthcare market is promptly changing and is imposing a lot of new rules and guidelines on the way medical billing should be performed. While struggling to adapt to these new changes, medical billing companies try to streamline their day to day operations and the revenue cycle. In this complicated environment, handling normal medical billing functions is itself very hard let alone Emergency Room physician billing. Unlike normal medical billing services, ER billing services require extra care as they pose various encounters. In this article, let us discuss the basics about Emergency Room physician billing and answer some frequently asked questions:
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