Just like in any other specialty, accurate billing is crucial in dental practices too. It is essential to running a dental practice because it affects the practice’s financial stability and profitability. Dental billing has become a complex and critical task as the...
Blog
How Undercoding Affects Your Reimbursements
Timely and proper reimbursement is crucial to the survival of your practice. If you are doing your medical coding on your own, it’s likely that one of the reasons for your falling revenues is...
Premium Rates are Out: How Affordable is Obamacare?
It is expected that millions of uninsured Americans will enroll into Obamacare when the insurance exchanges opens on October 1, 2013. The U.S. Department of Health and Human Services (HHS) has...
Getting to Know the Provisions under ERISA
What is ERISA? ERISA is something your practice needs to know about. ERISA, or Employee Retirement Income Security Act, is a 1974-enacted Federal Law conceived to protect the pension plan of an...
Insurance Contracts and Its Implications in Insurance Verifications
If there is something that doctors and healthcare professionals cannot quite manage, it is going through detailed documentation. They have important tasks at hand, providing life saving care to...
Growing Significance of Mobile Applications for Healthcare Industry
Medical mobile applications are empowering physicians as well as patients and playing an important role in the healthcare system. Mobile apps have changed the way diseases are diagnosed, monitored...
Dangers of Erroneous Submission of Medicare Claims
The faulty submission of medical claims can get you into serious financial trouble and adversely impact the bottom line of your practice. A recent example is the case of the St Luke’s University...
Medicare Payment Reductions to Affect Doctors and Beneficiaries
Medicare beneficiaries, doctors and other healthcare providers are in for quite a tough time thanks to rising healthcare costs not coinciding with a proportionate increase in income for the latter....
How to Bill Observation Codes
The main objective of observation is to allow the physician to decide whether to admit the patient in the hospital or send the patient home. Even if the patient is made to lie in an inpatient bed,...
Transitional Care Management – Getting it Right
Two new CPT Transitional Care Management (TCM) codes have been created to ensure better coordination of care and to provide better incentives so that patients are treated in a primary care physician...
Proper Appointment Scheduling Can Help Lower Patient Wait Time
According to healthcare experts, making relevant changes in scheduling and managing patient workflow can minimize the average patient wait time for a new appointment from eleven weeks to two weeks....