Category: Newsletters

ICD-10-CM code updates

ICD-10-CM Updates: What You Need to Know

The accuracy of medical coding in the ever-evolving healthcare industry is not only crucial for accurate billing, but it is also crucial for quality reporting, compliance, and patient outcomes. The ICD-10-CM codes for 2024 have been updated, resulting in new and revised codes for healthcare providers that have an impact on multiple aspects of patient […]
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healthcare billing regulatory changes

Surviving Regulatory Changes in Medical Billing: A Guide for 2024

The healthcare landscape continues to evolve rapidly, and 2024 will witness a number of significant healthcare billing regulatory changes that will impact medical billing practices. From updates to code standards to new regulatory compliance requirements, it is crucial for healthcare providers, medical billing companies, and RCM professionals to stay informed and proactive. The goal of […]
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Benefits of Outsourcing rcm

The benefits of outsourcing RCM functions

Healthcare providers face a daunting task in managing the complexity of revenue cycle management (RCM) in today’s healthcare environment. One of the key benefits of outsourcing RCM is that it can significantly reduce these administrative burdens. The administrative burdens faced by healthcare organizations often rise as regulations, reimbursement models, and patient expectations change. As a […]
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ICD-10 and CPT and HCPCS coding

Navigating 2024 Coding Updates: ICD, CPT, and HCPCS Changes

For 2024, significant updates will be introduced to ICD-10, CPT, and HCPCS, affecting medical practices, hospitals, and healthcare systems across the country. Medical knowledge, technological advancements, and healthcare practices continue to evolve, so coding systems must keep up. To ensure the accuracy of billing, documentation, and reimbursement, changes are made to the International Classification of […]
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ICD-10 Updates

Decoding the Latest ICD-10 Updates

The International Classification of Diseases, Tenth Revision (ICD-10), is the cornerstone of modern medical diagnosis coding. Staying informed about ICD-10 Updates is crucial as healthcare becomes more complex and data-driven. Understanding the changes in ICD-10 is essential for everyone involved—from healthcare providers and medical coders to hospital administrators and insurance companies. Every year, the World […]
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Impact of Healthcare Reform on RCM

Healthcare Reform Update: How New Regulations Affect RCM

Health care in the United States is constantly changing, with new regulations and policies being developed to improve patient outcomes, increase access to care, and reduce costs. Impact of Healthcare Reform on RCM, keeping up with these changes is essential for Revenue Cycle Management (RCM) professionals. New regulations can impact everything from billing and coding […]
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2024 ICD-10-CM Code

ICD-10-CM Code Changes: What You Need to Know

The healthcare industry is no stranger to constant updates, especially when it comes to coding and billing. As medical knowledge advances, disease trends change, and the healthcare landscape evolves, the Centers for Medicare & Medicaid Services (CMS) and the National Center for Health Statistics (NCHS) update the 2024 ICD-10-CM Code set every year Healthcare providers, […]
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Healthcare reform

Healthcare Reform: How It’s Affecting Medical Billing

Medical billing is shaped by healthcare reform, which is one of the most dynamic forces at play. Legislation, regulatory changes, and shifts in healthcare delivery models have led to a significant change in how providers bill. In response to the continued push for value-based care, increased patient responsibility, and technological advancements, medical billing is evolving. […]
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AI and automation

The Future of RCM: AI and Automation

 Healthcare’s financial management has become more complex as it grows. Revenue Cycle Management (RCM) is no longer just a collection of billing and payment procedures. As a strategic, data-driven function, it has become an integral part of healthcare organizations’ financial health. Increasing administrative burdens, regulatory changes, and shrinking margins have caused many providers to turn […]
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2024 Medical Coding Updates

2024 Coding Updates: Navigating New CPT, HCPCS, and ICD-11 Changes

In 2024, healthcare providers, medical coders, and revenue cycle management (RCM) professionals need to stay up-to-date on 2024 medical coding updates. Several updates have been made to Current Procedural Terminology (CPT), Healthcare Common Procedure Coding System (HCPCS), and International Classification of Diseases (ICD-11) by the American Medical Association (AMA), the Centers for Medicare & Medicaid […]
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