Healthcare providers and their revenue cycle management (RCM) teams face unique seasonal medical coding challenges during seasonal surges in patient care. These seasonal patterns can generate large volumes of claims that require accurate and efficient medical coding, whether they are caused by flu outbreaks, allergies, or elective procedures scheduled before insurance deductibles reset. Table of […]
Medical coding plays a crucial role in managing the administrative aspects of your organization. It’s evident that without precise medical coding, obtaining reimbursement from insurance companies and third-party entities becomes a challenge. Both under coding and over coding can lead to revenue losses for your organization. While there are avenues for appeals in case of […]
Look for them at a hospital near you. The ICD-10-PCS update for fiscal year 2023 is now available. To prevent coding errors that result in claim denials, inpatient coders should download the code files and familiarize themselves with the changes to inpatient coding that go into effect Oct. 1. The fiscal year (FY) 2023 ICD-10-PCS […]
With the proper funding, these actions can make your medical practice boom. 6 Ways physician funding can help grow your practice If you are looking to grow your medical practice, alternative small business funding may be the fastest and easiest way to get the working capital you need. Alternative medical practice funding is available to […]
DOJ lawsuits may be your road map to risk adjustment compliance. The growing prevalence of risk adjustment in healthcare has forged new processes in documentation practices that have resulted in many organizations adopting practices that bend the cast iron rules for ICD-10-CM coding. We are starting to see some of the long-term dangers of ambitiously […]
A solid understanding of guidelines and COVID-19-related complexities will limit claim denials and audits. Deciphering documentation to determine what qualifies as critical care services can be challenging for medical coders and auditors. With limited critical care codes available for assignment, reporting may appear relatively straightforward at first glance. However, there are many considerations that coders […]