As the New Year is fast approaching, it is very important to clean up your account receivables (A/R) to improve your medical billing and coding process and increase year-end collections. This will also help you refresh the records for the coming year, keep the records...
Under the Affordable Care Act (ACA), consumers who purchase subsidized coverage through health insurance marketplace (receiving premium assistance through federal tax subsidies) are given a 90-day grace period for paying their premiums before insurers are allowed to...
It is true that ICD – 10 transition can improve the healthcare documentation process and benefit physician practices, patients, and the broader healthcare system by providing a better understanding of diseases and cost with improved clinical specificity....
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 Health Network which faced allegations that it erroneously submitted...
Healthcare providers are now hoping that Sustainable Growth Rate or SGR will be eliminated. Introduced by Centers for Medicare and Medicaid Services (CMS), SGR is used to control Medicare spending and to fix physician payment, so that Medicare spending does not exceed...