Even the proficient chiropractic professionals encounter significant financial challenges due to errors in billing and coding procedures, which could be avoided. The oversight of simple billing mistakes leads to delayed payments, which causes disruptions in cash flow, an increase in claim denials, and a damaging reputation by inviting legal examinations...
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Avoiding Claim Denials in DME Billing: A Complete Compliance Guide
It is important to prioritize Durable Medical Equipment (DME) billing compliance as it establishes regulatory requirements and fundamental business needs. Thereby, DME providers need to construct systematic approaches that focus on accuracy, providing transparency and operational efficiency due to Medicare and commercial payer guidelines. In fact, DME claims possess a...
Seamless Revenue Cycle Management with Offshore Medical Billing Experts
The research conducted by HFMA found that more than 65% of healthcare organizations are dealing with financial challenges due to their poor revenue cycle operations. Further, the importance of optimizing Revenue Cycle Management (RCM) has increased as the claim denial rates stand at 10% and administrative costs continue with their...
A Complete Guide to Credentialing for Healthcare Providers
Credentialing operates as an essential cornerstone within the healthcare industry as it only authorizes skilled healthcare professionals to offer patient care. In an increasingly complex healthcare environment, the importance of credentialing cannot be overstated. The National Association of Medical Staff Services (NAMSS) indicates that provider onboarding delays due to credentialing...
How to Improve SNF Billing Accuracy and Get Paid Faster with ICS
Undoubtedly, Skilled Nursing Facilities (SNFs) are now experiencing a huge pressure to achieve accurate billing and maximize healthcare reimbursements. Statistics compiled by the Office of the Inspector General (OIG) indicate that Medicare claims from SNFs contain 23% of billing errors which result in billions of improper payments. These inaccuracies create...
