If you run a medical practice, you’ve undoubtedly come across claim denials at some point. While a denied claim doesn’t seem a big deal at first glance, one rejection can turn into many. As they accumulate, the loss in revenue… Read More
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How Technology is Benefiting the Medical Billing Industry
Technology has expanded every industry, including the medical industry. Technology provides critical functionality to medical professionals and patients. Medical billing professionals also use tools and solutions to their advantage, positively impacting the revenue management cycle to improve clients’ bottom line. More and… Read More
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Why Patients and Providers Should Embrace Value-Based Care
The term “value-based care” is used in the medical industry nowadays. For some medical facilities, the traditional model for patient care is not optimal. A value-based care model, which emphasizes the quality of care provided rather than the amount, may work… Read More
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Improving Revenue Cycle Management with Urgent Care Billing
While a lot has changed in the past few years, the most persistent is that no matter where you go, businesses are understaffed and overworked, and people are on the edge of burnout. This is the same in most medical practices and specialty… Read More
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Mistakes That Can Happen in Cardiology Billing
Medical billing is an important, sometimes complicated, time-consuming part of any medical office. Without proper billing, no one gets paid, and the work eventually stops. Having someone on your team who knows the ins and outs of billing and can handle… Read More
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Why Patient Satisfaction is So Important for Medical Practices
So many healthcare providers are interested in finding ways to increase their patient satisfaction. Creating happy patients seems like a straightforward, meaningful goal, but some metrics go into it. Understanding those metrics helps us understand clinical outcomes, reimbursement, and patient… Read More
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Defining Prior Authorization, and When to Use It
Some medical services require prior authorization from an insurance company before they can be performed. This is a critical step within the insurance verification service, wherein a typical healthcare plan will specify what services require prior authorization in their medical… Read More
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Reasons a Medical Practice Needs Medical Credentialing
Medical credentialing is a long and tedious process. It’s also vitally important if you want to protect your medical practice as it grows. Medical credentialing is the process of confirming the credentials of prospective medical practitioners. If you don’t go… Read More
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More Problems That Can Arise From In-House Medical Billing
Managing a medical practice always comes with its fair share of difficulties. One such area of the problem comes around medical billing. When getting medical billing done for your facility, you’ll need to ask yourself whether you can handle your… Read More
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Traits a Reliable Substance Abuse Billing Company Should Have
The healthcare industry undergoes constant changes. One such area that gets changed is facilities’ billing practices. This makes substance abuse billing incredibly complex, so you may have considered getting help from a third-party company to ensure billing is done correctly. If you’re… Read More