What if your billing team went away tomorrow?
What if your medical billing team went away tomorrow? It’s happened to more than one practice. Like many specialty medical practices, you probably have an in-house team that handles your revenue cycle management; From billing to coding, to auditing, collections, payment posting, claims re-submissions and dealing with payors. For some practices, this in-house arrangement works…
Optimize Patient Collections in 3 Steps
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…
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…
A Better Prepared Front Office Teammate Equals Faster Reimbursements
A front office employee is not only your patient’s first experience with your practice but they are also extremely vital to your revenue cycle. They are the first step in the life of a medical claim. This position is normally a simple position to recruit for and does not always require experience within the healthcare…
BENEFITS OF OUTSOURCING MEDICAL PRACTICE SOLUTIONS
With our dynamic process flow, we are able to handle all of the credentialing, coding, billing – payer submissions, receive denial or remit on claims, and post the payments electronically. Below are the reasons why choosing to outsource with MEREM Healthcare Solutions just makes practical sense. Fully managed audits Our team of professionals will initially…
MEREM – Making You More Profitable
Medical billing and coding services is a critical component of a medical practice’s profitability, yet so much income goes overlooked and undiscovered. While your primary focus is caring for your patients as well it should be, it’s important to remember you are also running a business.
Free Consultation & Revenue Cycle Audit for Prospective Clients.
MEREM Healthcare Solutions has found that most of the time, practices are losing money due to inaccurate coding and/or neglected claims that weren’t followed up on upon initial denial. A complete Revenue Cycle Audit includes: Coding accuracy audit Billing & accounts receivable audit Industry Benchmark Comparison for your individual practice At MEREM Healthcare Solutions, we…
Time for a Coding Audit?
Running a busy private orthopedic practice can be a real challenge. There are times all you can do everyday is just “keep up”.
This is when you start working IN your practice instead of ON it.
