Complete Revenue Cycle Management for
Medical & Dental Clinics, Practices and Hospitals
Successful revenue cycle management in medical billing ensures that healthcare providers can focus on delivering optimal patient outcomes without compromising financial viability. Effective revenue cycle management in healthcare involves 3 stages: front-end, mid cycle...
Medical billing involves translating healthcare services into billing codes and submitting claims to insurance companies for reimbursement. Errors can be costly. Did you know that medical billing errors cost the U.S. healthcare system billions of dollars each year?...
The healthcare industry is subject to extensive regulations. US privacy and security laws such as HIPAA require healthcare organizations to protect personal information, imposing heavy penalties for data breaches. With stringent regulations dictating the storage and...
The challenges confronting the US healthcare system range from high costs to accessibility problems. The federal government introduced the value-based care strategy to improve the healthcare system in terms of outcomes, quality, equity and cost of care. Value based...
Like value-based care, patient centricity is one of the top emerging trends in medical billing. Patient centricity, a quality measure put forward by the National Academy of Medicine, focuses on prioritizing the patient experience in healthcare delivery. However, one...
Telemedicine offers the convenience of virtual appointments via video or phone, benefitting both health and ease of access. It allows healthcare providers to see patients in their home environment, giving certain specialists an advantage. Telemedicine became a...
Medical billing systems handle a vast array of data, including patient details, treatment codes, and financial transactions, making them attractive targets for cyber threats. Therefore, securing healthcare billing data is crucial during medical billing processes. The...
Over the years, there has been a significant evolution in how the healthcare industry handles payment processes. The role played by medical billing software in streamlining and automating diverse financial aspects of healthcare cannot be overstated. This software...
The introduction of technology in medical billing has revolutionized the medical billing process. Electronic Health Records (EHR) offer a streamlined approach for companies providing medical billing services, significantly reducing paperwork hassles. EHRs enable...
AI applications are transforming the medical billing process, making it faster, more accurate, and less prone to errors. By leveraging machine learning algorithms and automation, AI streamlines tasks, expediting the billing cycle while minimizing human errors....