Category Archives: medical billing
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How Outsourcing Medical Billing Can Streamline Your Practice’s Cashflow
How Outsourcing Medical Billing Can Streamline Your Practice’s Cashflow
Pitfalls in Switching Billing Services The biggest pitfall that I’ve found in offering billing services to physicians throughout the country is their inability to realize the impact switching to an outside vendor is going to have on their practice. Potential Loss of Revenue During Transition The impact that I’m referring to is the loss of …
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Pediatric CPT Codes for 2022 + Modifiers
Pediatric CPT Codes for 2022 + Modifiers
When it comes to processing claims, accuracy is essential. Using the wrong codes or codes that are too general could delay the claims process and result in less profit. Increase your pediatric practice’s collections by staying up-to-date with the latest CPT codes and modifiers. Pediatric CPT Code Ranges for 2022 The following codes are the …
4 Reasons Why Outsourcing Is Profitable for Pediatric Practices
4 Reasons Why Outsourcing Is Profitable for Pediatric Practices
Outsourcing your medical billing process is one way to maximize your pediatric practice’s collections. Additional benefits of outsourcing include reduced billing errors and a faster claims processing time. Reason #1 Shorter A/R Time A reduced A/R time is one benefit of outsourcing your billing processes. This is because a professional billing service is more experienced …
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How to Increase Dermatology Practice Collections
How to Increase Dermatology Practice Collections
Increasing your dermatology practice’s collections is the best way to keep everything running smoothly. Follow these tips to not only improve your medical billing but also to free up more of your time for additional patients. #1 Make Time for More Patients The best way to make more money is to see more patients. The …
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Common Mistakes Dermatology Practices Make With Their Medical Billing
Common Mistakes Dermatology Practices Make With Their Medical Billing
No dermatology practice could stay open for long without medical billing. However, it’s essential to process claims the right way or you could be missing out on revenue that could help your practice. The following are common errors made in the billing process that could negatively affect your collections. Error #1 Your Codes Are Inaccurate …
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4 Reasons Why Outsourcing Is Profitable for Dermatology Practices
4 Reasons Why Outsourcing Is Profitable for Dermatology Practices
One way to maximize your dermatology practice’s profits is to outsource the billing process. Outsourcing has the additional benefits of reducing errors and increasing the speed at which collections are processed. #1 Reduced Billing Errors Billing mistakes can be extremely costly. Not only could you be missing out on collections, but you could also be …
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5 Common Mistakes Pediatric Practices Make With Their Medical Billing
5 Common Mistakes Pediatric Practices Make With Their Medical Billing
Accurate medical billing is essential to the running of any practice, including those in the pediatric field of medicine. The following errors are common ones that practices make in their billing that can reduce potential collections. Error #1 Inaccurate Codes A common mistake that occurs during the billing process is using the wrong codes. This …
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How to Increase Pediatric Practice Collections
How to Increase Pediatric Practice Collections
The best way to ensure that your pediatric practice can treat as many patients as possible is to increase your collections. Follow these tips to maximize your practice’s profits. Tip #1 See More Patients The more patients you have, the more claims you can process, which, in turn, can bring in more collections for your …
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How to Increase Hospitalist Collections
How to Increase Hospitalist Collections
The best way to keep your hospitalist practice running smoothly is to increase your collections. If you follow these steps, you can improve your billing and free up time to see more patients. Tip #1 Outsource Your Practice’s Billing One way to streamline your medical billing processes is to outsource them to an external company. …