The term medical credentialing takes us back to 1000 BC in Ancient Persia. In Persia, medical credentialing referred to the process of qualifying for medical licensure. Herein, a physician had to treat three patients, and if all three lived, the phyisician could practice medicine for the rest of his life. While the fundamental idea behind …
End to end revenue cycle management (RCM) ensures a smooth distribution of cash flows while establishing and improving the reimbursement process. End to end RCM helps all medical providers and healthcare organizations facilitate timelines of collecting on accounts receivables (AR), obtain full insight into the complex revenue cycle process, and improve their revenue performance. In …
The practice of medicine entails treating patients and saving lives. And yet, due to the vast complexities of the United States Healthcare System, physicians, nurses, therapists, and other healthcare providers are inundated with administrative burdens that eat away at their valuable time and create unbridled levels of stress. Among the most burdensome processes is the …
Revenue Cycle Management for a physician practice, healthcare facility, or any other type of insurance-accepting medical entity is predicated upon medical billing and medical coding. The medical billing process and the medical coding process are distinct yet intertwined processes within the revenue cycle to ensure that providers get reimbursed by patients and federal or private …
Claim denials by payers can be debilitating for medical practices with respect to both cash flow and total revenues. Many independent practices have closed their doors due to the challenges they’ve had to face with payers denying their submitted claims. Here are some common reasons for claim denials to be on the lookout for when …
With the onset of the COVID19 pandemic, businesses have been forced to re-evaluate their policies and procedures to keep employees safe while abiding by government mandates. Appropriately harnessing business practices and technologies in a secure fashion in order to continue bolstering an effective remote staff is imperative to maintain a successful healthcare practice. Avosina has …
Establishing an Effective Remote Staff During the Covid19 Crisis Read More »
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