Medical practices everywhere need to take a good hard look at their medical revenue cycle. The implementation of ICD-10 is around the corner and it’s expected to have a major impact on how revenue cycles are managed. Accounts receivable delays, rejections, and denial rates are all expected to peak. Payment variations that were once small…
Category: Medical Billing Services
Why You Should Ignore the ICD-10 ‘Grace Period’
Correct coding is essential in order to get your insurance billing claims paid. For twelve months after the ICD-10 coding updates, beginning October 1st, Medicare review trackers will not deny any incorrect claim made by a physician or practitioner as long as they were codes within the same family. But what defines family? Why is…
Get Your Claims Paid With a Certified Medical Coder
Every employee of a medical business has an excessive number of jobs they need to complete each day. With so many tasks at hand, it’s hard to guarantee claims are getting paid, and in a timely manner. Insurance billing claims use medical coding for reimbursement, and each individual server, insurance payer, provider type, and location…
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