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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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…
Running a financially healthy healthcare unit amidst all the healthcare regulatory changes that take place regularly is an arduous task. Keeping up and incorporating the changes is as essential as keeping a tab on the practice’s performance, especially on the…
Almost 30% revenue loss results from billing errors. These errors are the common cause for claim rejections by insurance companies, aka payers in the US. Medical billing is much beyond just documentation; it is the very means of revenue generation.…
Medical practices take resort to outsourced medical billing services in the wake of healthcare reforms and the revised payment fee schedule. It is predicted that most individual practices will either merge to form group practices or take resort to outsourcing…
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