Incorrect medical billing issues and misleading claims ranked in the top 10 complaints on the Consumer Federation of America report released on July 27th, 2017. The specific complaints related to patients receiving an incorrect bill for: services they did not receive services that weren’t billed to their insurance company services that should have been covered…
Category: Medical Billing Services
Have You Struggled With Your Medical Billing?
If you have struggled with your medical billing, you are not alone. It is estimated that $125 billion dollars are left on the table in the U.S. every year. This money is either lost or ignored because of poor medical billing practices. As medical professionals and providers, your ultimate goal is to provide exceptional healthcare…
You Need a Medical Billing Firm – Have You Considered These Qualities?
The financial success of any healthcare practice is related to how effectively the compliance, collection, and follow-ups are handled throughout the medical claims process. Medical billing is extremely complex and time-consuming, requiring considerable oversight from your medical practice team. Electing to outsource your billing to a firm can mean more quality time spent with your…
Creating Custom Reports For Your Medical Practice
Reporting of a practices medical billing performance is more complicated today than ever before because the options for reporting are much greater. EMR programs collect and process so much data, that it becomes overwhelming and time consuming to manage and sort for most practice managers. In order to truly measure specific practice performance processes that…
Communication Is Key
The Life Skill, “Communication is Key” should apply to the operation of any successful healthcare provider! From the Physician to the front desk, and everyone involved with a patient record… Communication is the key to ensuring an excellent experience for your patients and is a vital foundation for a productive partnership with your outsourced billing department. When working with an…
The Vital Role EMR Plays in Medical Billing
When the American Recovery and Reinvestment Act was approved, all healthcare providers (both public and private) were required to adopt the use of electronic medical records (EMR). Since January 1, 2014, EMR systems have assisted several healthcare organizations in maintaining health-related information on patients, as well as improving workflow and the quality of…
Consequences of Coding Errors
One of the largest causes of medical coding errors is due to inadequate medical documentation. Because of ICD-10, sets of more specific codes have been implemented and the CMS modify codes on a quarterly and annual basis. Incorrect coding, or miscoding, is likely for any medical practice that does not implement ongoing CPT code training for their medical coders. It…
Two Observations For Patients, That Providers May Not Tell You
You might have heard frustration from a patient who has gone from doctor appointment to appointment with no change in diagnosis and feels unheard, ignored or dismissed OR, their symptoms/concerns have not been taken seriously. These are the first patients to seek out a new physician without first voicing their concerns and frustrations with their…
How 2 – Select the Right Revenue Cycle Management Service
Solutions As A Service – AKA outsourcing, is a great investment for a growing practice for a number of reasons. The most important reasons being: Revenue Cycle Management Services can be all-encompassing or a la carte. The end goal is to streamline the administrative part of your practice, implementing a system that can save you time and…
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…
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