Get a Free Quote

  • Can't read the image? click here to refresh.

Contact Us

Latest Updates on Medical Billing

Latest Updates on Medical Billing

According to a survey conducted by the MGMA (Medical Group Management Association), approximately 25% of a practice’s revenue comes from patient payments. So if your staff is finding it difficult to handle patient collections, you will end up losing a lot of money. In order to start bolstering your cash flow, it is necessary to ensure that your practice isn’t making these common collection mistakes:   Are you offering very few payment options to your

Read More

The process of medical billing and collections is becoming daunting for medical practices with various coding and regulatory changes taking place. With the billing scene changing so fast, many providers are choosing to outsource their RCM needs to a third party also because managing it profitably in-house is getting difficult with every passing day. Outsourcing has become quite an appealing trend that is showing no signs of waning soon. Since it is hard for physicians

Read More

When it comes to collecting co-pays, checking in patients and verifying insurance, the front desk staff has a vital role to play. The front desk also has a role to play in medical billing and collections for the practice. But even the back office does a lot of heavy lifting for billing and collections. So not just front-desk but back office staff also need to be experienced and well-trained. Here are some of the ways

Read More

Want to improve your revenue cycle and make billing smooth and effective? If the answer is yes, then you will not only need expert billers but also well-trained front desk staff. Yes, you read that right. Front desk staff have a significant role to play in the billing and collections process for any practice. According to the industry experts, if your practice is having post-visit collection issues, then it is very important to evaluate the

Read More

Stress-related burnout has become a growing problem for doctors as well as patients. Even though the medical community is starting to acknowledge this problem and is addressing the factors at play, it continues to plague physicians across the US. Generally defined as loss of enthusiasm for work, feeling of cynicism and a low or no sense of accomplishment, burnout has made it difficult for doctors to continue in the medical profession. From team structure and

Read More

247MBS has an extensive understanding of the medical billing and coding challenges of chiropractors. Having billers and coders with an in-depth understanding of the industry pre-requisites, the company has been active in providing top-notch RCM solutions to its clients across the country. The main aim has been to assist chiropractors in streamlining their revenue cycle and reducing their overhead costs. “We offer 100% HIPAA compliant services, making use of the latest tools and technologies to

Read More

Technology has simplified revenue cycle management for many practices. By implementing new technology ideas, providers have been able to extract greater profitability from their day-to-day operations. For instance, analytics has helped providers make informed business decisions. It has helped them detect changes before they become obvious. If you want to produce good results for your bottom line, them it becomes necessary to evaluate technology and implement it in an effective manner. With technologies, automation increases

Read More

From less than 5% on denials and 98% clean claims submission to daily claims status reporting and timely collections, there are several ways in which this offer will benefit chiropractors get their revenue cycle management back on track. Philip Morgan also added – “As Medicare investigators and contractors have increased the scrutiny of chiropractic practices across the US, submission of clean claims has become vital if providers want to avoid denials or scrutiny. To meet

Read More

247MBS, a leading medical billing company has announced an exclusive 1-month free billing offer for chiropractic practices across the USA. According to Philip Morgan, Expert at 247MBS– “Chiropractors are facing several challenges due to the ever-changing billing and coding landscape. Through this offer, 247MBS aims to reach more practices and help them obtain timely payments without having to deal with compliance and other issues.”

Read More

As the rules for chiropractic medical billing are different from other medical specialties, providers will always be in need of expert billers and coders who understand the challenges of the specialty and bring in more revenue. From down coding to under-coding, various unfortunate billing practices have led to more scrutiny of chiropractic offices. This has pushed the need for effective chiropractic billing services further. “Through this offer, we are giving a chance to chiropractic offices

Read More
Social media & sharing icons powered by UltimatelySocial
Facebook
Google+
Twitter
LINKEDIN