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247 MBS July 21, 2015 ICD 10

Practice Makes Perfect: Despite new ICD-10 flexibility from CMS, medical practices must still protect cash flow

This month, the Medical Group Management Association released the results of a questionnaire that ranked members’ most pressing practice-management challenges. In this edition of “Practice Makes Perfect,” we’ll tackle No. 5 on that list: preparing for the transition to ICD-10…
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247 MBS July 16, 2015 Medical Billing Services

Negotiating Your Way to a Lower Medical Billing

Relief from pain and illness often comes at a steep price. One visit to a doctor’s office or the emergency room can produce a bill for hundreds or even thousands of dollars. The good news? That “total due” isn’t set…
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247 MBS July 15, 2015 Revenue Cycle Management

Hospitals Selectively Choosing Revenue Cycle Vendors

Hospitals are increasingly attuned to the need for forward-looking revenue cycle management technology and are eying vendors very closely according to a peer60 report. In doing so, they are becoming increasing picky about the vendors they select reports HealthCare Dive.…
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247 MBS July 14, 2015 Medical Billing

5 Proactive Medical Billing Practices to Rescue your Collections

The changes incorporated in the healthcare industry in processes like medical billing, due to the Affordable Care Act (AFA) may not be as affordable for the US physicians as for the citizens. It is advisable to have a proactive approach…
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247 MBS July 14, 2015 ICD 10

Medicare Program Announces Adjustment to ICD-10 Codes

The Medicare program announced yesterday that ICD-10 diagnostic claim codes will get a one-year grace period. The new regulation says that they will not be rejected for payment for the simple reason that the ICD-10 code submitted is not specific…
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