Continue reading “Optimizing Coding for Your Cardiology Practice”
Category Archives: medical billing
A cardiology practice faces special challenges when it comes to medical coding. Coders need to be able to transcribe physician notes and code with a high degree of accuracy. Failure to do so can affect patient outcomes and reimbursements, both of which can be devastating. In order to optimize coding in a cardiology practice, consider …
5 Reasons Medical Billing Solutions Are More Critical Now Than Ever Before
5 Reasons Medical Billing Solutions Are More Critical Now Than Ever Before
Medical billing solutions like outsourcing and software are more popular now than ever before, and for good reason. Shifts in healthcare, insurance, and compliance have made billing more confusing and increased the demands for speedy and accurate information. Implementing software or outsourcing billing can help to keep practices competitive and prevent costly errors and penalties. …
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Addressing These Medical Billing Challenges Could Improve Practice Revenues
Addressing These Medical Billing Challenges Could Improve Practice Revenues
Any medical practice depends upon its medical billing in order to generate revenues from the services rendered. Medical billing challenges can inhibit a practice’s ability to collect money owed, which can hamper the practice’s ability to grow and potentially put the practice in jeopardy. Understanding common medical billing challenges can help practices to solve them …
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Support Patients through Technology Transitions for Greater Satisfaction
Support Patients through Technology Transitions for Greater Satisfaction
There have been many exciting changes in the healthcare field in recent years that have been fueled by technology. While it is easy for doctors to see how things like EHRs and medical billing software can improve patient outcomes, billing accuracy, and engagement, patients might not totally understand the changes. As such, it is important …
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Why Medical Billing Services Are So Important for Pediatricians
Why Medical Billing Services Are So Important for Pediatricians
Pediatricians help to keep children healthy and safe, which is no small feat. A pediatrics practice is different from other types of medical offices in several ways. These differences make medical billing services even more helpful and beneficial for pediatrics offices than for other types of practices. Pediatricians Spend More Time with Patients Pediatricians tend …
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Benefits of Outsourcing Medical Billing for Mental Health Professionals
Benefits of Outsourcing Medical Billing for Mental Health Professionals
Medical billing can be complex for any type of practice, but can be even more difficult to understand when it comes to mental health services. Insurance companies are quick to deny bills that aren’t coded properly. Even tracking down patients can be difficult when there is just a small office staff – or especially if …
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Common Reasons for Insurance Claim Denials
Common Reasons for Insurance Claim Denials
Insurance claim denials can be very inconvenient for patients and can affect a practice’s ability to receive payment for services rendered. Preventing insurance claim denials before they ever occur can help your practice to more efficiently receive moneys earned and to keep a better relationship with patients. Patients will be more likely to stay loyal …
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ICD-10 and Medical Billing
ICD-10 and Medical Billing
October 1, 2015 was the deadline for all medical facilities to officially switch medical coding and billing to the ICD-10 format. ICD-9 coding had been used since the 1970s, with periodic updates and expansions to the coding used. In 1999, ICD-10 was published and many developed nations of the world began to adopt the format. …
5 Benefits of Outsourcing Medical Billing
5 Benefits of Outsourcing Medical Billing
Medical billing is the process of filling out and submitting necessary forms in order to claim funds owed by insurance companies for services provided to patients. Medical billing is extremely important for all types of medical practices, but may be the single most mundane task performed in the office. For many medical offices, outsourcing can …
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The Importance of Accurate and Ethical Medical Billing
The Importance of Accurate and Ethical Medical Billing
In a recent case in Georgia, the Grady Health System reached a settlement in a case for approximately 3 million dollars. Grady was sued by the state for allegedly using inaccurate medical coding to turn more of a profit. The Grady Health System and the State of Georgia have since reached a settlement for 2.95 …
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