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 How to Overcome 5 Top Revenue Cycle Challenges in 2022?
24/7 Medical Billing Services March 23, 2022 Revenue Cycle Management

How to Overcome 5 Top Revenue Cycle Challenges in 2022?

The most shocking fact is that US hospitals provide $42.67 billion worth of uncompensated care to their patients. It means that such healthcare organizations are bleeding revenue money, and the core issue lies at the revenue cycle management inefficiency. Is…
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 Importance of Having the Right Denial Management Strategy
24/7 Medical Billing Services March 21, 2022 Denial Management

Importance of Having the Right Denial Management Strategy

There have been changes in the payment methodology, and with the Affordable Care Act (ACA), we are witnessing a paradigm shift in the healthcare landscape. Unfortunately, despite the patient-centric care model and value-based services being at the core of this…
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 Modifier 59 – Are You Using It Correctly?
24/7 Medical Billing Services March 16, 2022 Medical Billing and Coding , Medical Coding

Modifier 59 – Are You Using It Correctly?

Did you know one of the main reasons for claim denials and revenue loss is the incorrect usage of modifiers?Undoubtedly, medical bills are being claimed in a combination of codes for the services performed in the medical practice. But that…
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 Top Challenges Providers Face in Alternative Payment Models
24/7 Medical Billing Services March 14, 2022 Medical Billing Services , Revenue Cycle Management

Top Challenges Providers Face in Alternative Payment Models

Over the time, even the different ways by which payments can be made in medical practices are undergoing a significant change. In fact, a physician whether as an individual practitioner, an employee of an extensive healthcare system, or a hospital…
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 Top 7 Factors Affecting Your Practice’s Revenue
24/7 Medical Billing Services March 10, 2022 Revenue Cycle Management

Top 7 Factors Affecting Your Practice’s Revenue

Did you know? The Medical Group Management Association (MGMA) reported that the healthcare practice’s could save $16.3 billion or 42% of the $39 billion on administrative transactions with proper revenue cycle management. If you observe that other healthcare providers are…
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