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Latest Updates on Medical Billing

Latest Updates on Medical Billing

247MBS has announced a double bonanza offer to help chiropractors and mental health experts boost their income and enjoy more savings. The company is offering its new clients 30% discount on their first three billing invoices along with a free A/R cleanup. The aim is to help providers put an end to their billing woes and grow their business. “Response to our offer has been quite overwhelming. In the last one week, we have received

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To run a thriving medical practice, it is very important to have a robust and clean billing strategy. But with the changes in medical billing and coding regulations unfolding each year, handling this job in-house has become a tough task. For many practices, letting a third party handle billing and collections duties can prove to be profitable and time saving. It frees up time for the staff to focus on important tasks such as, patient care,

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Did you know, partnering with a reputed billing company can help mental health providers boost their revenue potential as much as 30%? If you are mental health expert, struggling with payment processing and administrative tasks at your practice, then you can’t miss this unique offer from 247MBS. If you partner with us today, we will offer you a 30% discount on your first three billing invoices. Our team of experts will not only help you

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In today’s changing healthcare landscape, providers need to work smarter, not harder. They need to invest in the right tools and technology to get things done smoothly so that they get enough time to focus on patient care. If you are a provider, looking for ways to boost the billing and collection processes at your practice, then it is time you embraced the right technology. There are innovations that may look expensive and may cost

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As high-deductible plans are becoming more and more prevalent, it is becoming difficult for providers to collect what they have earned. Today, practices don’t just have to worry about the usual coding and billing challenges or denials. Now deductible plans are also posing issues in revenue management. And to top it all, the mandated shift from fee-for-service to value-based reimbursement model has made things more difficult. So in this ever changing healthcare landscape, how are

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Are you a chiropractor in serious need of streamlining your revenue cycle? Then here’s an offer you just can’t miss. 247MBS is offering you a fantastic opportunity to get your revenue cycle back on track and collect more. If you partner with us today, we will offer you 30% off on your first three billing invoices. And that’s not all. With this offer, we are also giving away A/R cleanup service for FREE! Maximize Revenue,

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7 Reasons why Medical Billing Outsourcing works for Physicians Medical Billing Outsourcing isn’t ideally a new concept for practices in the US. By letting a third party handle the medical billing services, growing number of healthcare providers are making profits and are getting ample time to focus on quality patient care. Between the forecasted period of 2018 to 2023, the global medical billing outsourcing market is expected to register a CAGR of 10.5% Wondering whether

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Whether you run a large or small practice, marketing is essential for the success of your business. On an average, you should see at least 30 to 50 new patients every month if you want your practice to grow.  Also, there is a strong need to offer competitive services at reasonable pricing in order to maintain the flow of patients as well as retain the existing ones. If you are failing to attract new patients

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Did you know HIPAA violations can result in fines ranging from $100 to $1.5 million for practices? HIPAA was created to standardize the process of safeguarding private patient information. But unfortunately, most practices are failing to implement even the basic HIPAA requirements. They are considering compliance needs as a one-time goal and not an ongoing process, putting patient data security at risk. Are you tripping on HIPAA laws? From texting of patient data and use

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Did you know approximately 50% physicians in the US are dealing with physician burnout? There are several reasons behind it such as, an inherently stressful job, having to deal with non-clinical burdens like billing and documentation, and an inefficient work environment. Emotional and physical exhaustion caused by burnout results in medical errors, clinical effectiveness and low personal accomplishments for physicians. For a medical practice to grow and deliver quality patient care, it is very important

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