By 2026, it is anticipated that the global market for outsourced medical billing would be worth $19.7 billion, growing at an average annual rate of 11.8%. According to a Medical Group Management Association analysis from April 2020, COVID-19 caused medical offices to see a 55% decline in revenue. Is...
3 Most Unique Challenges with DME Billings
The need for durable medical equipment is seeing an increase owing to the changing environmental factors, lifestyle habits, need for convenient and less dependable modes of support systems. While the demand for DME rises, so do the complexities in DME billing. The reimbursements have already been taking a hit, and...
Billing Guidelines for Urology Billing Services
Urology billing includes invoicing for the treatment rendered for problems with the male reproductive system and urinary system. Are you struggling with Urology billing and coding? The very nature of the process which includes complicated codes and terminologies makes billing for urology difficult compared to other specialties. Thus, medical billing...