The healthcare industry relies heavily on medical coding since it is responsible for documenting medical services, diagnoses, and procedures for billing and reimbursement purposes. Out of the multiple coding systems, three basic code sets—CPT (Current Procedural Terminology), HCPCS (Healthcare Common Procedure Coding System), and ICD (International Classification of Diseases)—are commonly...
Key Steps to Optimize Revenue Cycle Management in Healthcare
Introduction Financial stability, like the quality of patient care, is essential for the operation of a health care facility, yet it is often undermined by revenue cycle inefficiency, claim denial, and delay in reimbursement. Revenue Cycle Management (RCM) refers to efficient and effective collection efforts from providers to bring cash...
Experience High-Quality Medical Billing Services with Our $7.5/Hour FTE Model
Introduction Medical billing has to be conducted well to ensure the financial health of a medical practice. In-house billing may eventuate into high costs and occasional delays, leading to mistakes that become claim denials and revenue loss. These problems prompted Info Hub Consultancy Services (ICS) to introduce a specialized model...
Outsource Medical Billing to ICS – Improve Efficiency & Revenue
Medical billing is the very foundation of a healthcare provider's monetary health. It can be very hard, given the ever-evolving regulations, coding standards, and insurance policies. Many healthcare practitioners are faced with claim denials, compliance problems, and administrative burdens, thus forfeiting revenue. This is where trusted outsourcing medical billing services,...
Telehealth Billing and Outsourcing for Smarter RCM
The Evolution of Telehealth It is no doubt that the speedy ascendance of telehealth has altered the delivery system for healthcare, making it more easily accessible and convenient for patients and healthcare providers alike. However, telehealth billing continues to be hugely perplexing due to changes in regulations and complications with...
