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… Continue reading Streamlining Demographic and Charge Entry Process – RCM Solutions for Healthcare Centers
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… Continue reading How To Survive Health Insurance Audit?
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… Continue reading The Top Ten Errors in Mental Health Billing and How to Avoid Them?
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… Continue reading Challenges Associated with Medical Billing
Most industries follow a pattern in the billing process. Finance departments are generally responsible for billing in companies. The method of billing a medical office, however, differs widely. There is an ever-increasing number of regulations that fragment the healthcare sector. An in-depth understanding of the industry and specialized software is essential for accurate medical billing.… Continue reading A Guide to Choose The Right Medical Billing Service Provider
In the ever-changing tides of the health industry, in-house employees and hospital staff are often considered the top contributors to an institution’s success. However, when it comes to medical billing, regardless of skill, capacity, and lack of time and availability, those people are not getting able to keep up with loads of medical bills. Medical… Continue reading Outsourcing Medical Billing – A Comprehensive Guide