Category Archives: medical billing

Introduction Effective revenue cycle management (RCM) is crucial for the financial health and success of healthcare organizations. From patient registration to claim submission and payment posting, each stage of the revenue cycle plays a vital role in optimizing revenue and ensuring timely reimbursement. In this article, we’ll explore the key components of revenue cycle management …

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Benefits of Outsourcing Your Medical Billing By outsourcing medical billing to a professional service, you can streamline operations, reduce administrative burdens, optimize your practice’s financial health, and ensure compliance with industry standards, allowing you to focus on delivering quality patient care. 1. Reduces Administrative Burden According to the Medical Group Management Association (MGMA), outsourcing medical …

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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 …

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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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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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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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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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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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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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