Technology: The Good and The Bad
Certainly, let’s discuss technology, specifically focusing on billing software in the context of a billing company. Technological advances have indeed revolutionized the way billing and financial operations are managed. However, like any tool, billing software has its advantages and disadvantages, and its effectiveness depends on various factors, including the company’s understanding and utilization of the…
Principles of Improving Patient Procedure Collections
It has never been more important to the financial health of your practice to have an efficient patient pre-collections program in place. The goal is to get patients to pay in full prior to the procedure. The motto for getting paid is to Ask Early and Ask Often for Payment. The fact is, the further…
Outsource to Avoid Medical Billing and Coding Errors!
By utilizing an experienced team of medical billers and coders who are knowledgeable in various specialty medical codes and trends, you can rest assured that things are being handled properly behind the scenes while you and your medical team can take care of patients upfront. Chances are what first brought you into the healthcare industry…
Next Level Coding Begins with Improved Documentation
Incomplete or vague documentation can lead to a major loss in billable revenue. By making sure you include the 4 following details in every dictation, Coders can determine the correct level codes are claimed so that you are reimbursed adequately.
Specialty Healthcare Solutions expanding outside of Birmingham, Alabama
Birmingham, Alabama based specialty healthcare solution company, MEREM Healthcare Solutions, is preparing to expand their outsourced healthcare solutions to specialty practice physicians across the Southeast. MEREM Healthcare Solutions aims to partner with rural healthcare providers across the Southeast such as individual physician practices, specialty physician groups, and healthcare institutions across the state of Alabama, Tennessee,…
Don’t underestimate the integral role medical billers and coders play in the healthcare industry
While it tends to be that the people who are in the frontlines get the most notoriety, it is important to remember there are many people “behind the scenes” who are just as important to your medical practice. Therefore, while we don’t want to take away from the amazing work of physicians, nurses, front desk…
How You Can Effectively Handle Claims Adjustments
When a physician provides medical services to a patient, the expectation is that they will receive reimbursement for that service. When the payer issues a denial and requires a claim adjustment, the provider doesn’t receive their payment. Many times these denials can be appealed, depending on the reason for the denial. Below, the medical billing…
In-House Medical Billing Costs More – Outsource!
Medical Billing and Coding Services is an essential part of any medical practice – which makes many practitioners think it is something that should only be performed in-house. Of course, once they figure out how much it costs you to have medical billing in-house, they tend to look toward the possibility of outsourced medical billing. Believe…
April 2019 Worst Month on Record for Healthcare Data Breach
According to Becker’s Clinical Leadership & Infection Control, April 2019 was the worst month on record for healthcare data breaches. Alone, there were three data breach occurrences which affected the disclosure of more than 439,000 patient charts. Financial Impacts of A Healthcare Data Breach According to www.hipaajournal.com, data breaches in healthcare are the highest of…
Credentialing Mistakes That Can Drive Down Your Revenue
MEREM Healthcare Solutions offers some key credentialing advice for physician practice owners.
