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Introduction to AI and Automation in Medical Billing and Coding A remarkable change is taking place in the healthcare sector and AI and automation are leading this change. Medical billing services that were previously burdened with complexities and inefficiencies continue to integrate technologies into their operations. Imagine a world where coding errors are minimized, claims […]
The whole world is going through a pandemic. The world’s governments and health organizations are begging people to stay home and practice social distancing to prevent the spread of a deadly virus. Healthcare facilities are battling day and night to combat the novel virus with thousands of corona-positive patients getting reported daily throughout the world.
COVID-19 Is Creating Unique Challenges in Revenue Cycle Management Read More »
Proposing various methods to pay for medical bills has proven to be very strategic for smooth cash inflows. Each of the proposed methods helps the healthcare providers to engage their patients in the billing processes and ensure stable cash collection. As the payment process scope widens and your patients increase, providers find new ways to
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Since the implementation of electronic health records (EHR), patients are receiving more standardized quality healthcare and more efficient billing options. This digital revolution did not only help the patients and healthcare facilities in keeping records, but also researchers and big data aggregators. They can use the record (with the patient’s consent) for research, clinical trials,
Are You Facing Revenue Cycle Challenges due to Your EHR Software? Read More »
Bundled payments represent a form of APM (alternative payment models). They are created to offer value-based care by allowing providers to increase efficiency during patient care while improving revenue performance at low overhead costs. Bundled payments are a kind of episode payment model (EPMs) that require the providers to take risks and go above the
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Medical billers and coders are very important figures in the healthcare business. They keep the physicians, nurses, healthcare professionals, and patients organized and on track with their duties and treatment by keeping record of all the diagnosis periods, treatments, and procedures. They submit the insurance claims to the insurance agencies as well, which turns into
Prevent These Top Medical Coding Mistakes Read More »
Medical coding, medical billing and revenue cycle management are significant sectors in healthcare. They are necessary to transform patients’ records into medical codes so that practitioners, surgeons, nurses, and physicians can be paid for their services. Correct billing is a challenge that still, many health facilities around the world face. As these codes are typically
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We have seen a commendable transformation in wound care services all around the world. Exceptional wound management strategies have helped many healthcare facilities provide the best services to their patients. Not only do these strategies improve their revenue cycle but they also make a healthcare facility more competitive in the market. Chronic wounds are unlike
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COVID-19’s rapid spread throughout the world has caused unprecedented disruption to all professions. This has caused medical practices to change the processes of their clinical practices. While many physicians and healthcare professionals have closed their doors or limited their patient volume to emergency appointments only, others are improvising with novel safety precautions and telemedicine. Postponing
Steps to Safely See Patients at Your Medical Practice During COVID-19 Read More »
Ambulance transportation also has bills that one needs to cover. Even the big insurance companies like Medicaid and Medicare pay or cover the costs of ambulance transportation. However, billing and coding for ambulance transportation are complex and unlike typical medical billing and coding processes due to comprehensive and unique modifiers. There are various modes or
Ambulance Transportation Billing 101 Read More »
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