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: Outsourced Medical Bil…
Improving cash flow and physician compensation requires working hand-in-hand.
Did you know that physician compensation only increased for 37% of all independent physicians in 2017? That’s a sobering thought that compensations have remained relatively flat for many physician specialties year over year. And couple that with a decrease in overall practice cash flow and constantly changing coding rules, and you’ve got unhappy physicians and…
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…
Why Should I Consider Outsourcing My Medical Billing & Coding?
Time is money! Most practices lack resources and time necessary to ensure maximum reimbursement. You and your medical staff need to focus on treating patients and let MEREM Healthcare Solutions handle the rest. Outsourcing your coding, medical billing, collections, consulting, and credentialing, will allow your staff extra time to take care of patients more effectively…
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…
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…
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…
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