In the latest American Medical Association (AMA) survey, 93% of physicians said prior authorizations delay patient care, and 82% said the process is so complicated that it causes patients to abandon treatment altogether. Prior authorization (PA) remains the top regulatory burden for most health care and medical professionals, often delaying or preventing access to essential […]
Medical coding strategies contribute various benefits, counting cost reduction and control, systematic healthcare management, and increased scalability. Compliance with medical coding qualities also promises patients’ data privacy and security and alleviates the threats of audits. In the current healthcare landscape, keeping up financial solidity has become progressively hard due to the shift from fee-for-service to […]
Following E/M payment policy changes, the reimbursement gap between primary care and specialty physicians decreased by just $825, falling from $40,259.80 to $39,434.70. Evaluation and management (E/M) payment policy changes implemented in 2021 resulted in higher Medicare reimbursement for most physicians but only led to a modest decrease in the payment gap between primary care […]
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 […]
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 […]