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Latest Updates on Medical Billing

247 MBS July 28, 2015 News

CMS Announces Flexibility In ICD-10 Claims Auditing

As the October 1, 2015 deadline for the transition to the ICD-10 coding system quickly approaches, many healthcare providers are anxious about the switch. Now, the Centers for Medicare and Medicaid Services has announced it will reimburse for incorrectly-coded claims…
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247 MBS July 23, 2015 Medical Billing

Can Outsourcing be a Solution to Rev up RCM?

The US healthcare industry is pitched at around three trillion dollars & is growing, according to Fortune, a leading global business magazine. Increasing healthcare reforms and lack of skilled medical back-end staff like billers and coders are giving the physicians…
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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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