Healthcare practices that submit incorrect or inaccurate claims may face allegations of fraud. This can result in penalty and loss of reputation. Fraud may not always be intentional. Incorrect billing by untrained and inexperienced billing staff runs the risk of fraud. To ensure your practice files correct claims, here is what you can do.
If you are considering changing your patient record systems as you have the desire to have everything electronically based going forward, it is useful to understand the advantages of electronic medical records. There are potentially too many to list but, one main benefit is that it is easy to gain access to required information for patients but also, for other healthcare providers. Think of it as an easy to read a traditional medical chart and it contains every aspeRead More
Radiology is a unique medical specialty that utilizes imaging to diagnose and treat diseases for various other specialties and make recommendations to referring doctors, if more scans are required. Radiology billing can be demanding, because it involves of the following factors –
You probably know about how most practices are now moving to outsourced medical billing. If you are still sitting on the fence about outsourcing your medical billing, here are some facts to help you make the decision.
There are some serious advantages to outsourcing medical billing, especially for small medical practices where the time and energy of employees is better spent elsewhere. A professional medical billing company can take all the headaches of billing and be coding away and leave medical staff to do what they do best and that is to provide care for their patients. Read More
As a healthcare specialist, it is important that your medical health center has a system in place that optimizes payments while providing a high level of care to patients. The medical billing process can be highly complex and is often an invisible part of the healthcare system and there are so many ways in which the billing process can become costly, ill-effective and time-consuming. Currently, millions of Americans are paying too much due to miscalculations and thiRead More
The responsibilities of Revenue Cycle Management can become overwhelming for a healthcare provider. Revenue cycle management involves compliance in ensuring accurate coding, careful and timely billing processes and following up on Accounts Receivables. That means healthcare providers require trained staff, updated technology and centralized billing.
Podiatric medicine deals with diagnosis and treatment of the disorders and injuries of the foot, ankle and lower extremities. For this, specific regulations need to be followed in podiatry medical billing to increase reimbursements and avoid delays.
Medical billing and coding is an extremely important part of any medical center. It should function as a well-oiled machine ensuring that all the processes flow and are accurate. It is too important a process for any physician or medical center for it to be done incorrectly. When mistakes are made, it can be all too costly. Claim rejections or denials can account for a vast amount of lost revenue, even if only a small percentage fails to go through, over a period ofRead More