Category: Blog

Optimizing Revenue Cycle Management Best Practices and AI Potential

Optimizing Revenue Cycle Management: Best Practices and AI Potential

From the inception to the conclusion of the Revenue Cycle Management (RCM) pipeline, it is imperative for practices to implement enhanced analytics and streamlined workflows. Healthcare providers have grappled with the challenge of receiving proper compensation for their services, and the current reimbursement landscape presents even greater obstacles compared to previous years. Payors are persistently […]
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AMA 2024 CPT Code Set: Addressing Language Barriers and Immunization Codes

The American Medical Association (AMA) has made significant updates to the 2024 Current Procedural Terminology (CPT) code set. These changes aim to address language barriers and streamline coding for COVID-19 immunizations. One notable update is the addition of Spanish descriptors to the CPT code set, allowing for better communication and understanding of medical services. This […]
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New Healthcare Price Transparency Rule

The New House Bill’s Drive for Healthcare Price Transparency

The Lower Costs, More Transparency bill has been introduced by the House Energy and Commerce Committee to address healthcare cost transparency. The bill’s purpose is to enhance price transparency within the healthcare system. According to survey, over 60% of Americans are living paycheck to paycheck. This implies that they are at risk of facing a […]
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2024 ICD-10 Changes

2024 ICD-10 Changes: How They Will Impact Your Practice

For the FY 2024 ICD-10-CM code set, the Centers for Medicare and Medicaid Services (CMS) have introduced 395 new diagnosis codes, deleted 25 codes, and revised 13 codes. Additionally, the 2024 Addendum has been updated with revisions to dozens of codes related to conditions such as osteoporosis with fractures, retinopathy, muscle entrapment in the eye, […]
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AMA-unveils-2024-CPT-codes

AMA Unveils 2024 CPT Codes

The revised code set now features descriptions of procedures and services in Spanish for the first time. The American Medical Association’s 2024 Current Procedural Terminology (CPT) code set, revealed today, encompasses various noteworthy features. These include consolidated codes for reporting ongoing COVID-19 immunizations, provisional codes for upcoming monovalent vaccines, and codes for Respiratory Syncytial Virus […]
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Healthcare Revenue Cycle Management

How Revenue Cycle Management Improves Healthcare in 2023

Discover how healthcare providers can accelerate cash flow, minimize denials, reduce operational costs, and enhance patient satisfaction through streamlined Revenue Cycle Management (RCM). RCM is a strategic approach to overseeing all financial aspects of a patient’s journey, from initial appointment scheduling to final bill payment. This article highlights the critical role RCM plays in maximizing […]
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Strategies-to-Avoid-the-Common-Chiropractic-Documentation-Errors

Strategies to Avoid the Common Chiropractic Documentation Errors

You are accountable for ensuring accurate health record documentation. No chiropractor has ever exclaimed, ‘More documentation, yes!’ The task of health record documentation stands out as the most challenging (and often unrewarding) aspect of being an effective doctor. The primary advantage of thorough documentation in healthcare is its potential to enhance the quality of patient […]
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