The U.S. healthcare industry will move to a new coding system, ICD-10-CM, on October 1, 2014. The scope and complexity of this transition are very different from the transitioning to ICD-9-CM which was implemented 30 years ago when codes and coded data were not as...
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 physicians should outsource medical billing or perform the operation...
Nothing can be more frustrating for a medical practice than claim denial. Knowing why claims are denied is important to prevent it from happening. Incorrect demographic information: The patient’s name is spelled incorrectly, the subscriber number or referral number is...
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 Medicare and Social Security, the United States’ government’s biggest...
Healthcare practices can see this development as an opportunity to get affordable third-party assistance to achieve the compliance In mid-April 2012, Kathleen Sebelius, the Secretary of the U.S. Department of Health and Human Services (HHS) announced a planned rule to...
