The Healthcare spending of the United States accounts for nearly 18 percent of gross domestic product. The interesting part? This is more than other wealthy countries. However, we’re not sure about the celebration part. This is because the healthcare system in the United States is still lagging behind in many ways. While the U.S …
Why Healthcare Practices Should Transition to Value-Based Care Now Read More »
Mental health comprises our emotional, psychological, and social well-being. It is how we think, feel and behave. It also helps determine how we handle stress, relate to others, and make choices. Behavioral disorders are a type of mental health disorder that is characterized by abnormal patterns of behavior. These disorders can significantly interfere with a …
Medical Billing Options for Mental Health Behavioral Disorders Read More »
In recent years, there has been a shift in the healthcare landscape towards value-based care. This shift has led to an increase in the use of Remote Patient Monitoring (RPM) services. RPM is a type of telemedicine that allows healthcare providers to remotely monitor patients, by using technology. RPM has a number of benefits …
Remote Patient Monitoring (RPM) and Revenue Cycle Management (RCM) Read More »
Outsource medical billing services can be a great way to increase revenue while also freeing up resources that can be put toward other areas of the business. By partnering with an expert medical billing service, you can focus on other priorities, like growing your customer base or developing new products. With an experienced partner at …
Add Profits to Your Practice by Outsourcing Medical Billing Services Read More »
Healthcare with best-in-class treatment and practice can strategically perform and maintain a good relationship with patients, but how about finances and revenue? As a healthcare provider or hospital owner, if you don’t know what is happening in your healthcare at the back office in terms of billing and account receivable, how can you expect to …
Top Medical Billing KPIs Every practice Should Tracking Read More »
A streamlined workflow is essential for Medical Billing, as bills need to be accurate and paid on time. Insurance providers follow specific regulations, such as ensuring proper reimbursement of medical services for the patients for the treatment with a set of standard procedures. A single error in any of these steps may lead to serious …
Whether it’s multi-specialty healthcare organizations or private clinics, the revenue cycle and medical billing challenges are rigid. When it comes to revenue, it’s even tipsier if it contains errors. A small mistake in charge capture and medical coding could make healthcare centers lose more. The perfect denial management seems to be zero errors in claim …
Streamlining Demographic and Charge Entry Process Read More »
Fawn, fight, flight, or freeze! When you receive an audit letter from a health insurance company, your mind goes blank, and your body goes numb. Was this letter sent to you? First of all, take a deep breath when receiving a letter like this. Read the letter carefully. There are many questions that therapists ask …
Claims denials, payment losses, and penalties tend to be triggered by medical billing and coding errors. It may negatively impact your relationship with your patients if you make frequent mistakes. Medical coding is an incredibly complex process, so errors are not shocking. You may lose hundreds of thousands in revenue if you make simple medical …
The Top Ten Errors in Mental Health Billing and How to Avoid Them? Read More »
Healthcare revenue cycle management relies on accurate and efficient billing of patients. Many providers are experiencing challenges in rendering accurate and timely payment for the services provided. Billing is one of the most challenging aspects of the healthcare system. Insurers, bill payers, and insurance are causing problems for half of health care providers. Many roadblocks …
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