Managing medical billing can pose significant challenges. Regardless of the size of a healthcare practice, billing and claims processing involves substantial costs. Secure and compliant medical billing outsourcing can ensure efficient revenue cycle management while...
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30 Cents of Every Healthcare Dollar Wasted Annually in the US Health Care System
The Institute of Medicine (IOM) has published a detailed report regarding waste of money in the U.S. healthcare, which reaches up to $750 annually. The political parties are trying to reduce...
Outsourced Medical Billing vs. In-house
Medical billing is one of the most significant business functions of a medical practice. Efficient billing practices save costs and generate revenue. One of the most debated questions is whether...
Ensuring Efficiency in the Insurance Authorization Process
Getting insurance authorization is crucial to the success of any practice. Health insurance companies have stringent rules when it comes to making payment. While they pay for medically necessary...
Solo Doctors Could Very Soon Disappear
Solo doctors continue to decrease in number according to an article released by the CNN. Under pressure because of high costs and decreasing insurance payments, independent physicians are either...
AMA Report Card Shows Fall in Incorrect Claim Payment by Insurers
The findings mean that attempts to improve the efficiency of the claims process have been fruitful Physicians noticed an overall soar in the percentage of insurance claims that were reimbursed...
If Used Correctly, Modifier 59 Can Boost your Healthcare Practice’s Revenue
Modifier 59 is a Level I CPT code used to report that a particular procedural service was carried out. It should typically be applied to the secondary code in a pair of codes and not added to...
Non-compliance with HIPAA – Statistics Reveal Common Nature of Breaches
Research conducted by the HHS on breaches affecting 500 individuals or more has revealed that there are all kinds of HIPAA violation cases, infringing on administrative, security or technical...
Romney’s Medicare Plan Greatly Different from President Obama’s
Their widely different policies are sure to attract significant attention in both the Congressional and Presidential campaigns Both President Obama and Mitt Romney are concerned about the...
Aging Workforce Takes its Toll on Medicare and Social Security
Medicare appears to be the more badly hit because of increasing health insurance expenses An aging populace and a very slowly recovering economy are taking their toll on the long-term condition of...
Physician Billing Services For Ideal Healthcare-Back Office Balance
The pressures associated with heavy patient inflow, patient scheduling, medical emergencies, and general administration makes it difficult for healthcare practices to give patient care and back...