By now, we know that the healthcare industry’s reimbursement isn’t going to stay as it is. The changes are frequent and continuous with the constantly reforming healthcare industry, necessitating the need for constant monetary vigilance amongst medical practices. Amalgamating with billing professionals has been a good option for most, especially...
Maximizing Reimbursements with Effective DME Billing Services
Every healthcare organization strives to build a strong medical billing service to offer a robust billing service designed to improve revenue cycle needs while operating both securely and ethically. Medical billing service is an intricate process, and healthcare providers find it difficult to maximize reimbursement for their services. The same...
The Pros and Cons of FTE Model for Medical Billing Services
Medical billing is a crucial task in healthcare organizations to make sure physicians receive payment for the services rendered. While medical billing requires a high level of accuracy and attention to detail, healthcare organizations often resort to various methods to manage their billing process. In-house or outsourced medical billing—both have...
The Importance of Choosing the Right Medical Billing Service Provider for Your FTE or Percentage Model Needs
With a growing number of medical billing agencies, it is vital to carefully choose the one that will boost your profits, reduce overheads, and offer streamlined RCM. It is very important to choose the right medical billing service provider, but before that, it is equally important to consider what kind...
The Importance of Compliance in Medical Billing and Coding: HIPAA, HITECH, and Other Regulations
In the modern world, cyber attacks frequently target the healthcare sector with the intention of stealing patient data and exploiting sensitive information. Healthcare data breaches actually cost US businesses more than $6 billion a year. Healthcare businesses are required to comply with HIPAA and HITECH compliance rules in order to...