The National Institutes of Health (NIH) concluded that over 20% of Americans (57.8 million) live with some form of mental illness. Treatments include various forms of psychotherapy, medications, psychosocial interventions and other modalities such as electroconvulsive...
Critical Care Billing and Coding: Guidelines to Avoid Denials
Rules and regulations regarding critical care billing and coding are complex and the process itself is tedious, which makes outsourcing to a good medical billing company a common option. The time spent on providing these services counts when it comes to payment. It is...
Is Claims Management Outsourcing a Necessity or a Luxury?
Proper documentation is important to maximize your reimbursement benefits. Here are some tips to ensure accurate documentation. Read more.
Common Challenges in Anesthesia Billing
Anesthesia is a complex branch of service that comes with its own unique set of standards and procedures. Therefore, it’s no surprise that anesthesia has its own specialized billing process. The intricate work of an anesthesiologist begins during the pre-surgical...
Healthcare Revenue Cycle Management: New Trends for 2024
The healthcare industry is undergoing a radical change marked by the aftermath of the global pandemic, AI revolution, increasing patient expectations, and workforce shortage. In the eye of this storm lies revenue cycle management (RCM), the lifeline of healthcare...
9 Key Medical Billing Steps to Boost Practice Revenue
The medical billing process consists of certain well-defined steps to ensure smooth and efficient workflow and maximized financial performance. The steps range from patient registration to insurance verification to claims submission and follow-up payments. Even the...
Step Up Accounts Receivable Management and Boost Your Bottom Line
Accounts receivable (AR) in medical billing is the total amount of money owed to a healthcare provider by patients, insurance companies, or other third-party payers. In a complex environment with ever-increasing federal regulations, efficient healthcare receivables...
Proven Strategies to Boost Revenue in Healthcare & Maximize Profits
It can be a challenge to run a successful practice while also providing high quality patient care. In order to thrive in an increasingly competitive market, your medical practice needs to adopt innovative strategies. At the heart of every successful healthcare...