Medical billing is at the forefront of a transformational industry in healthcare. Medical billing trends 2024 promise to make this a pivotal year for medical billing due to rapid technological advancements, regulatory changes, and evolving patient expectations. Providing insights that can help healthcare providers, billing professionals, and administrators navigate these changes effectively, this newsletter explores […]
ICD-11 transition: The healthcare landscape in the United States is on the cusp of a significant transformation. In October 2025, the long-awaited transition from ICD-10 to ICD-11, the International Classification of Diseases, Eleventh Revision, will take effect. This update promises a more comprehensive, granular, and clinically relevant coding system, impacting everything from patient care documentation […]
The healthcare industry has traditionally been a black box when it comes to pricing. Patients, providers, and payers alike have often struggled to understand the complex web of costs associated with medical services. However, a seismic shift is underway. The advent of price transparency regulations and the evolving role of Revenue Cycle Management (RCM) are […]
On July 10, 2024, the Centers for Medicare & Medicaid Services (CMS) issued a proposed rule that announces and solicits public comments on proposed policy changes for Medicare payments under the Physician Fee Schedule (PFS), and other Medicare Part B issues, effective on or after January 1, 2025. The calendar year (CY) 2025 PFS proposed […]
Telehealth billing, the process of submitting claims for telehealth services, is an essential component of this virtual care model. Efficient and accurate telehealth billing ensures that providers are reimbursed for their services and that patients are not overbilled. The healthcare landscape has undeniably shifted towards a more virtual model. Telehealth, the utilization of telecommunications technology […]
In the fast-paced world of medical coding, efficiency is key. With ever-changing regulations, increasing workloads, and tight deadlines, maximizing your coding speed and accuracy becomes crucial. This newsletter explores a range of practical Medical Coders tips and strategies to help you conquer your coding tasks and free up valuable time. Master the Art of Organization: […]
The revenue cycle management process (RCM) must be optimized for financial stability and growth in today’s competitive healthcare landscape. As a result of a smooth RCM process, revenue leakage is minimized and profitability is maximized. With this newsletter, leading medical billing experts share their insights on how to streamline and optimize Revenue Cycle Management. The […]
Medical coding is the backbone of administrative and clinical processes in healthcare. This landscape is characterized by the International Classification of Diseases, 10th Edition (ICD-10), which provides a standardized system to classify diseases, injuries, and medical procedures. While ICD-10 offers robust benefits in terms of specificity and data granularity, healthcare professional’s worldwide face significant challenges […]
Some effective RCM Hacks you can implement to streamline your processes, boost collections, and free up your staff for higher-value tasks. Increasing revenue and minimizing administrative burdens are critical in today’s competitive healthcare landscape. The engine that drives your financial health is a well-oiled revenue cycle management (RCM) system. However, many practices struggle with inefficiencies, […]
It’s time to embrace the ever-evolving landscape of medical billing with Decode & Deploy! In this issue, we’ll explore cutting-edge methods for streamlining billing processes and optimizing revenue cycles including medical billing strategies. Billing in the Medical Industry: An Evolving Landscape Technology advancements, regulatory changes, and a growing focus on value-based care are driving the […]