How important is the Patient Eligibility Process?
Insurance coverage verification is important for patients. Patient eligibility and benefits verification is an essential method of Revenue Cycle Management (RCM), which accommodates the stairs practices need to take to hold sales and ensure they get paid. It takes a variety of time, patience, perseverance, and a few...
Do You Think Outsourcing Medical Billing is Right for Your Practice?
A medical billing outsourcing service is no longer a new concept. A streamlined process, superior systems, state-of-the-art technology, economies of scale, and skilled labor-combined with specialized knowledge and experience in outsourcing typically lead to greater cost savings and efficiency. The ability to manage medical billing and coding effectively is...
A Complete Guide for DME Providers about Credentialing & Re-Credentialing
What do you need to know about Credentialing and Re-Credentialing as a DMEProvider? It takes a lot of time and patience, as well as perseverance mixed with some luck to start a DME business. Just like when you start a new business, there are a thousand things you have...
A Quick guide to Cardiology Billing & Coding services
Cardiology billing and coding is a complex process due to the various contractual changes, numerous procedural guidelines, and frequently changing codes. CPT code assignment may seem challenging, especially when numerous variables are used. It requires you to keep up with various codes. Modification of codes and codes that are...
A Quick guide to physician credentialing services
Physician credentialing is required in order to generate revenue. Receiving reimbursement for your services can be difficult and complicated, especially if you are out-of-network. As a result, it’s critical that you get credentialed, and being in network with a reputable insurance company to ensure that your claims are...
How Can Your DME Billing Process Be Optimized To Speed Up A/R Collections?
In any healthcare setup, efficiency is the key to success.Your success depends on your ability to innovate and improve patient experiences while reducing costs and avoiding mistakes. It is therefore crucial to have an efficient medical billing system to achieve these goals. When you don’t have an experienced biller...
How To Increase Practice Collections In 5 Steps?
The responsibility of patients for their financial obligations is an essential part of revenue cycle management, but when patients fail to do so, doctors and their practices suffer the consequences. Since 2000, U.S. hospitals have incurred over $502 billion in uncompensated care expenses, according to a report by the...
How Can You Ensure A Higher Clean Claims Submission Rate?
Are you aware of the number of claims your practice or centre submits daily to carriers? What percentage of those claims are paid at the first submission? If you are denied a claim by a carrier, it accumulates in your account. Revisions must be made to these claims, denials...
What Are The Steps You Can Take To Avoid Medical Billing Denials?
Taking These Steps Can Help You Avoid Medical Billing Denials The focus of healthcare providers is on two things: delivering the best possible care to their patients and getting paid. Receiving timely and complete reimbursements is difficult with denied claims. You will need additional workforce to appeal denials, which...