Tag: Revenue Cycle

CPT Code 83036

Ultimate Guide to CPT Code 83036: Accurate HbA1c Test Billing & Coding

Every CPT (Current Procedural Terminology) code represents a specific medical service or procedure, and understanding their nuances is critical for healthcare providers, billers, and even patients. Among these, CPT code 83036 holds significant importance, primarily associated with the Hemoglobin A1c (HbA1c) test. This comprehensive guide will delve deep into CPT code 83036, explaining its purpose, […]
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Endoscopy billing

Don’t Make These Mistakes When Billing for Endoscopy Services

In the complex world of medical billing, few specialties present as many coding challenges as gastroenterology. Endoscopy billing—covering a wide range of procedures from colonoscopies to upper GI endoscopies—is a cornerstone of diagnostic and therapeutic care. However, the intricate rules governing their billing can be a minefield for healthcare providers and billing professionals. A single […]
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Outpatient CDI Program

Why Outpatient CDI Programs Are Essential for Accurate HCC Coding and Risk Adjustment

Healthcare is an ever-evolving landscape. In this era of value-based care, accurate documentation and coding are important for financial stability and quality patient care. Hierarchical Condition Categories (HCCs) are crucial for risk adjustment and reimbursement, especially in the outpatient setting. This is where Outpatient CDI programs come into play. They are not just beneficial but […]
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Denial Prevention vs. Denial Facilitation

Denial Prevention vs. Facilitation: Optimize Healthcare Revenue

In the healthcare revenue cycle, denials are inevitable — but how you manage them makes all the difference. A common discussion in this space centers around Denial Prevention vs. Denial Facilitation, two strategies that, while they may sound similar, have distinct purposes and outcomes. Understanding and effectively applying both can drastically improve your practice’s cash […]
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Healthcare Claim Denials

Reduce Healthcare Claim Denials and Improve Revenue: Proven Strategies

Healthcare Claim Denials can be a frustrating and costly setback. However, with the right strategies, you can significantly reduce denials and improve your revenue. This article outlines four effective approaches to handling denied claims and ensures timely resubmissions. 1. Establish a Routine for Denial Handling Create a standardized procedure: Develop a clear and efficient process […]
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How Charge Capture Audits Boost Your Healthcare Revenue

How Charge Capture Audits Boost Your Healthcare Revenue

The healthcare industry holds hidden potential for improved revenue and streamlined operations. Charge capture audits act as your key to unlock these hidden treasures. Similar to explorers seeking buried riches, healthcare organizations can embark on a quest for financial stability through these audits. This guide will explain charge capture audits, help you identify hidden opportunities, […]
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Specialty care improves outcomes and reduces costs for CMS

Specialty care improves outcomes and reduces costs for CMS

Streamlining Specialty Care: CMS’s Innovation Center prioritizes strategies that improve personalized healthcare information, implement financial services, and support segment-based classifications. A value-based approach to care must address underlying issues and individualized care to reduce patient outcomes. CMS’s innovation strategy describes ongoing efforts to integrate personalized care into the healthcare system. Previous studies have shown that […]
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3 Strategies for Revenue Cycle Management Optimization

3 Strategies for Revenue Cycle Management Optimization

Optimizing revenue cycle management is crucial for recovering from the significant losses of the previous year. Leading provider organizations have developed three effective strategies to address this challenge. In the wake of the COVID-19 pandemic, fine-tuning revenue cycle management has become a priority for financial leaders. Last year, healthcare institutions faced substantial declines in revenue […]
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How Claim Denials and Payer Audits Impacts Healthcare Revenue Cycle

How Claim Denials and Payer Audits Impacts Healthcare Revenue Cycle

Denial rates, notably within Medicare Advantage, are on the rise, impacting both hospital revenue cycles and patient care, remarked the executive director of a Minnesota-based large multispecialty health care organization focused on Revenue Cycle management. Despite the organization reporting a favorable margin this year, it falls short in achieving profits comparable to those of insurers, […]
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4 Revenue Cycle Startegies that Conquer Denials Management

4 Revenue Cycle Startegies that Conquer Denials Management

Ensuring effective denial management continues to be the foremost concern for revenue cycle leaders, emphasizing the increasing demand for streamlined processes and vigilant oversight. Over the recent months, there has been a notable surge in challenges related to denials management, presenting a multifaceted and costly issue for revenue cycle leaders. Seeking Cost-Effective Solutions? Explore the […]
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