With the shift to value-based care, it has become necessary for providers to focus on patient engagement and access. They need to ensure that patients are able to easily and affordably engage in their own healthcare and achieve optimal health outcomes. Wondering how to make this happen? It is [...]
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 [...]
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 [...]
247MedicalBillingServices has been offering top-notch medical billing services to various practices based out of Ohio, proposing them solutions to overcome revenue challenges. Recently, we were hired by a cardiology practice in Ohio that was facing issues with their medical billing. Here were some [...]
2018 witnessed many changes, from rise of automation to increase in medical billing outsourcing. With the advent of 2019, it is a critical time for every provider to look out for latest changes in medical billing services. For healthcare practices, efficient revenue cycle management is the most [...]
In the US healthcare industry, breaches have increased in frequency along with the penalties. Due to the lack of compliance and security on part of healthcare providers, hackers are finding it easy to attack the systems. So as a provider, you need to think hard about HIPAA compliance in 2019 [...]
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 [...]
For healthcare providers, the medical billing cycle is based on code sets, especially the ICD-10 code set. There are several steps involved in the billing cycle, registration of patients, conformation of financial responsibilities, patient check-in and check-out, preparation of claims, checking [...]
Strategies implemented by Medical Billing companies can vary depending on the practice they are working for. Not every practice is the same and therefore, the same set of strategies is not applicable for all. However, there are certain best practices they implement to get their clients paid, such [...]
Do you have an effective patient payment strategy in place? If you wish to maximize collections and streamline your practice workflow, then make sure you are serious about patient collections. According to a survey conducted by MGMA (Medical Group Management Association), approximately 25% of [...]
