Outsourcing Billing: Hospital and medical professionals acknowledge that the biggest issue they have are receiving payment for their services. Those in the medical field understand all too well the issue of delayed revenue and dormant collections. Though technology has improved the in-office process, the inadequate handling of the hugely important Medical billing process can lead […]
Healthcare providers before reeling down the effect of the extended period of misfortune due to COVID-19 were additionally affected by pretentious impact and rising cost of healthcare supplies. RCM leaders are currently focused on two central themes: safeguarding their revenue and maximizing efficiency with limited resources. Unfortunately, the effects of the great resignation have resulted […]
Digital transformation is expanding the cyber attack surface in health care and other sectors. Today, threat actors are working overtime to exploit vulnerabilities in health care systems, its primary care physicians and their applications, resulting in data breaches that expose confidential and protected information. The Health Insurance Portability and Accountability Act of 1996 (HIPAA) is […]
In essence, rediology coding is the process of translating medical procedures performed in radiology into universal alphanumeric codes. These codes are crucial for billing purposes, as they determine the reimbursement received by healthcare providers from insurance companies. Adhere to the guidelines provided by CPT®, ACR, and payers to ensure precise reporting and appropriate reimbursement. Diagnostic […]
The April 2023 ICD-10-CM update adds many new codes for reporting external causes of injuries as well as expanded codes for reporting factors influencing health status more succinctly. But read the revised guideline for reporting social determinants of health (SDOH) before using these codes. Changes to the Tabular List In the ICD-10-CM Tabular List of […]
The leaders’ guide on what’s shaping the industry. Now is the time for decisive action and visionary leadership as the healthcare industry moves past the urgency of the pandemic—which forever changed care delivery and the workforce—to opportunities that will create a more patient-centric and sustainable healthcare system. That takes a watchful eye from leaders on […]
In a win for physicians, a federal court for the second time in less than two years has rejected the government’s attempt to implement an independent-dispute resolution process that Congress created with the 2020 “No Surprises Act.” The Texas Medical Association (TMA) and others challenged the final rule, showing how language in it still favored […]
Prevention of readmission denials improves case mix index (CMI), reimbursement, and quality metrics. As a consultant, I am like the FBI – if you invite me in, I will likely take your case. This often leads to varied and challenging projects. Often, I am engaged to assess opportunity in provider documentation, clinical documentation integrity (CDI) […]
Providers draw more on-time and uncut payer reimbursements and patient payments by automating these operations with a quality practice management system Via using a quality total practice management system, your company can evade putting as much attempts into accomplishing quality work and rather find effectiveness, accuracy, and peace of mind. An integrated billing and scheduling […]
Physicians with paid medical malpractice claims are more likely to have at least 1 more claim in the next five years, compared to physicians with none. A new study found “a single prior paid claim was associated with substantial, long-lived, higher future claim risk, independent of whether a physician was practicing in a high- or […]