Initially, you might have had wonderful practice and good financial sense to handle billing services internally. Now that your business is growing in terms of size and scope, the billing process becomes more and more complex. With so many things to keep track of in order to maintain a good flow of revenue, many find […]
Do your patients wait to receive their outstanding bills for days, weeks or even months? Is this practice of sending delayed bills to your patients interrupting your organization’s revenue cycle? If yes, then this problem is harming you in ways more than what meets the eye! And, if you are trying to improve the practice, […]
Cardiology’s specialty includes high-cost diagnostic and medical services. Cardiology treatment is therapeutic and diagnostic. Since every medical specialty has its unique significance and challenges, the deeper and detailed the procedure is, the more intricate the billing process gets. Cardiology deals with chronic and severe conditions that make the billing quite complex. With ever-evolving technology and […]
An outsourced Medical Billing Process is more advantageous than in-house billing for any setting, regardless of the size or complexity of the practice. Want to know why outsourcing medical billing is superior to in-house billing? Read along! A physician’s day is tedious with patients arriving unannounced every day. A physician’s commitment to patient care is […]
The process of Medical transcription involves converting dictations or voice records of practitioners into a documented format in the healthcare industry. Nowadays, many professional companies use the most advanced medical billing services providers to make the process easy and accurate. To meet the real-time requirements, health care industries prefer the most modern transcription methods for […]
Mental Health and Substance Abuse Mental health and drug abuse are both co-occurring issues that are more frequent than you may expect. According to statistics presented in the Journal of the American Medical Association, approximately half of the people with serious mental illnesses are drug abusers. Alcoholics and drug abusers are more likely to suffer […]
The healthcare industry has revised its plans and payer trends, and in 2021 there are new trends that are followed that you must know about. But before that, you need to know what is the work of a healthcare payer. A healthcare provider claims its bill and expenses to the private or a governmental insurance […]
The financial health of medical practice depends on the strategies deployed to reduce expenses while increasing revenue. To keep up with escalating company expenditures, it is essential to ensure that all sources of income of leaks are blocked and eliminated. Physicians are reimbursed for their services based on the diagnostic and procedural codes they provide […]
Some billing tasks are tedious when it comes to mental health services, as the treatment undergoes several medications and it takes time. This complete process of medication and treatment involves hectic billing and sometimes the medical service providers follow strict guidelines for mental health billing services. The mental health billing services are circumference with some important guidelines […]
Healthcare providers have been severely affected by the Coronavirus pandemic across the world. Now that the world is recovering from the wrath of the pandemic, many healthcare providers are still struggling to bounce back and increase their cash flow and collection. As healthcare reimbursement changes, healthcare providers must adapt and start concentrating on boosting payments […]