Researching on the denials and re-submitting the clean claims is quite a frustrating and time-consuming, tedious process. Thereby, it’s essential to have a claim denial management strategy in place so that you can quickly identify the reasons for the denial, resolve the issues, recover the payment, and prevent further denied...
Proven Strategies to Boost Billing Efficiency
It is a weird paradox. As the healthcare sector is transiting towards integrated and cost-effective business models, the revenue cycle of the practices is becoming more fragmented and expensive. Drastic cuts in payer reimbursements increase patient payments, and ever-changing regulations are complex, traditional, and outdated approaches to RCM. Thereby, according...
How can your Practice benefit from Medical Billing Outsourcing?
Imagine a scenario where you have just begun the healthcare practice as a small group of physicians offering complementary specialties. You have already initiated the process by investing heavily in building your healthcare infrastructure, automated tools, furniture, and medical equipment, hiring medical staff and billing team, marketing, and much more....
Importance & Impact of Eligibility Verification
There is a lot of confusion in the current healthcare space regarding health insurance- not only among the other hospitals and healthcare providers but also among the patients. In fact, many of your patients are not well aware of the mechanism of the insurance process as it comes with numerous...
3 Common Billing Mistakes Physicians Generally Neglect
Are you sure about the accuracy of your radiology claims submitted by the in-house medical billing team? Medical offices often work in a fast-paced healthcare environment where common, even simple, radiology billing mistakes can and do occur. Unfortunately, even the minutest errors can lead to denials of the claims submitted,...