Optimizing Patient Collections Long gone are the days of $25 co-pays and $250 deductibles. With the increasing prevalence of high deductible insurance and patient cost-sharing plans, it has never been more important to the financial health of your practice to have an efficient patient pre-collections program in place. Less than 50% of these up…
Month: June 2018
Step by Step Efforts to Combat Claim Denial
A practice’s efforts to reduce claim denials should begin with an understanding of its greatest source of denials. Run a series of denial reports over a period of time (3 weeks, or 3 months) that include: denial reasons procedure codes reported modifiers diagnosis codes payors The results can be your greatest asset in identifying the…
Ask The Experts – Credentialing & Provider Enrollment
MEREM Healthcare Solutions recently hosted their second Lunchtime LIVE Q&A. A Facebook LIVE series focused on offering clinical professionals, practice owners, and office administrators an opportunity to ask the experts particular questions about the stressors and challenges that impact their revenue cycle. On Thursday, MEREM Healthcare Solutions hosted a special guest and credentialing specialist, Matt…
How Coders Can Help Prevent Healthcare Fraud and Abuse
Coding services are the life-blood of your practice. That is how the services you provide are transformed into billable revenue. It takes a knowledgeable and experienced coding staff to maximize your billed charges while maintaining strict compliance with CMS and CCI guidelines. Coders are trained to identify noncompliance and fraud. Part of a coder’s…
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