Medical billing enables a healthcare service to efficiently claim for the services provided. Web-based Medical Billing in a healthcare system ensures that the practice receives reimbursement for the work the providers perform smoothly. With the need to submit claims electronically, physicians should explore web-based services that have made a name in the field of Medical […]
Healthcare providers have been struggling with constantly evolving clinical reporting practices. The healthcare industry’s shift to result oriented payments in the form of reimbursements is likely to continue expanding. This does not automatically imply outsourcing billing to a third party. Electronically recording clinical data through EMR software has generally been looked upon as a positive […]
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
For any medical professional, one of the most important decisions to make is whether to have an in-house Medical Billing or having an outsourced Medical Billing Service. Among others, the major benefits of an outsourced Medical Billing Service include time, – time to spend and focus more on quality patient care, having experts in billing […]
Helping in the integration between a hospital with insurance companies and billers, Electronic Medical Billing services are instrumental in enhancing profitability for care practices. With the advent in Electronic Health Records and software on the cloud, Electronic Medical Billing Services; integrated with EHRs, have become easier since there are no costs required for software installation […]
Staggering changes in the healthcare market, turbulent costs and increasing regulatory, governance and compliance challenges, entail the evolution of the United States Healthcare industry. Over the last couple of decades, industry stakeholders have struggled with care provision, patient health information and security, commercialization of the healthcare business, and the introduction of comprehensive and innovative technologies […]
Recent research has revealed that around 55% of medical bills in the United States include errors. With the surge in Electronic Health Records, more and more practices are experiencing errors in their medical billing workflows and this is expected to increase over time. One of the main reasons for this predicament is the fact that […]
At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.
It is very tough for providers to choose a suitable and appropriate vendor amongst the thousands of vendors competing in the market today. Furthermore, it is all the more important to decide which vendor to use for the purpose of medical billing. Electronic Health Records usually encompass the element of medical billing. There are many […]
The advent of technology has brought along innovative ways and method to streamline workflows and make lives easier. Using paper claims is a time-taking process and providers can face a tough time trying to process large numbers of patient’s claims. Furthermore, providers and their staff face many obstacles especially in terms of trying to convince […]
Athenahealth is the biggest, best healthcare biller in the country, bar none. Their economies of scale and complete access to the raw information enable them to be the best biller possible. No one else can perform medical billing as well as Athena because no one has the scale or access that Athena has. The key […]
The electronic Medical Billing service helps in the integration between a hospital or practice and an insurance company and its system. Since most EMR vendors provide billing services, they also provide these services on a cloud based platform which requires no software installation or maintenance costs, lessening the burden on providers and their practices. Compared […]
We will highlight Build My Health's revenue practice management tools, which could help physician practices add up to $250,000 to their practices.
The process of Medical Billing is a form of communication between an insurance company and a care provider. The Billing Cycle or the Revenue Cycle Management is the term used to elaborate and explain the entire Medical Billing Service phenomenon. The process of Medical Billing Service can take a moderate to a large amount of […]
I thought it would be a good idea to prepare a comparative analysis on the issue discussed, but left unattended in my last blog written on Medical Billing. Yes, it’s the conflict between an outsourced and an in-house medical billing service. Providing quality care, reducing costs and increasing revenues for the practice are the primary […]
Medical Billing, also known as Revenue cycle management, is considered to be one of the most essential parts of any practice. It helps physicians get paid for the services they have rendered. Depending on various factors, like the practice size, the routine and schedule of the provider etc, physicians can either opt for an in-house […]
The US has been one of the first countries to adapt ICD 9 codes for medical billing and claims. With the industry focused on healthcare reform, changes in supporting functions are inevitable. The ICD 10 is far more comprehensive, featuring 68,000 documentation codes for diagnosis in comparison to the 14,000 of ICD 9. These codes […]