There are many changes happening in the field of healthcare and one of the most significant is ICD-10-CM implementation. ICD-10-CM, the 10th revision for the International Classification of Diseases and Related Health Problems, will come into effect on October 1,...
Among the measures taken by Medicare to save money spent unnecessarily was its 2008 policy to stop paying hospitals extra to treat certain hospital acquired preventable conditions including UTIs or urinary tract infections, acquired after bladder catheters are placed....
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 spending in Medicare but they still don’t have any idea how to reduce the...
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...
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 closing up shop or looking for work at bigger group practices where they...
