The U.S. healthcare industry, marked by its global leadership in spending, faces mounting pressures due to evolving care models, supply chain disruptions, regulations, labor shortages, and rising costs. To navigate these challenges, healthcare leaders are prioritizing quality care delivery while also optimizing administrative operations, including revenue cycle management (RCM). Outsourcing RCM has become a key […]
Medical claim clearinghouses enhance the efficiency of claim submissions for healthcare providers, thereby reducing costs and improving payment accuracy. Each year, healthcare payers and providers exchange billions of claims to finalize patient encounters, a number that continues to rise. As claim volumes increase annually (except for a dip in 2021 due to the COVID-19 pandemic), […]
Regulatory changes, advances in healthcare technology, and an ever-increasing emphasis on accurate and efficient documentation are constantly driving the evolution of medical coding. Medical coders must keep up with these trends to ensure successful careers and optimal healthcare delivery in 2024. We share the top trends influencing medical coding 2024 in this newsletter, enabling you […]