Tag: Medical Coding

common-medical-coding-mistakes-and-how-ai-is-resolving-them

Common coding mistakes and how AI is resolving them

The administrative burden of accurate coding is a major contributor to physician burnout, a problem even worse since the COVID pandemic. Studies consistently show it’s a leading cause of stress for doctors and staff. Incorrect coding, including medical coding mistakes, can have serious financial consequences for medical practices. Denial of claims, reduced reimbursements, and audits […]
Learn More
ICD-10 Coding Challenges

Demystifying the Most Common ICD-10 Coding Challenges

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 […]
Learn More

Top Strategies to Prevent Medical Billing and Coding Errors

Medical coding and billing errors are a persistent headache for healthcare providers, costing them time, money, and reputation. Studies show that a staggering percentage of medical bills contain errors, leading to denied claims, delayed payments, and frustrated patients. Focus on Prevention: Top coding and billing Errors to Avoid Non-Covered Charges: Verify insurance coverage before rendering […]
Learn More

Decode & Deploy: Latest Strategies in Medical Billing

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 […]
Learn More
chronic migraine with aura

2024 ICD-10-CM Update Enhances Chronic Migraine

The good news for coders is that the 2024 ICD-10-CM update allows for more specific coding of chronic migraine with aura, improving accuracy and potentially helping patients access treatment. Diagnosing Migraine: A Complex Puzzle While the International Headache Society defines chronic migraine, pinpointing the exact type can be challenging. Migraines come in various forms, and […]
Learn More
reduce accounts receivable

5 Essential Tips to Reduce Accounts Receivable Turnaround Time

 When your medical practice submits a claim to a payer, the countdown begins until you receive the payment. Ensuring timely payment is crucial for your business, as delays can have costly consequences. Ideally, you should aim to clear accounts receivable within 30 days. To effectively reduce accounts receivable, it’s essential to implement efficient billing processes, […]
Learn More
medical-coding-compliance-strategy-to-reimbursement

3 Coding Compliance Strategies to Improve Reimbursement, Quality

The Crucial Role of Medical Coding Compliance in a Value-Based World: Telling the Patient’s Story for Better Billing and Quality Care. Medical Coders: The Unsung Storytellers of Healthcare Medical coders play a critical role in hospitals, but their importance often goes unnoticed. They’re the storytellers behind the scenes, analyzing patient records, selecting billing codes, and […]
Learn More
CPT Modifier

Six Tips to Getting Paid for CPT Modifiers

In medical coding, CPT modifier are vital for accurate reimbursement of healthcare services. These special codes, attached to primary procedure codes, provide additional details about the complexity or extent of a service. However, using modifiers incorrectly can lead to claim denials and lost revenue. This blog post shares six key tips to help you get […]
Learn More
x