Latest Updates on Medical Billing

RelayHealth Financial on Monday released a report showing that of the 262 million ICD-10 claims it processed between October 1, 2015, and February 15 using RelayHealth Financial revenue cycle management systems, only 1.6 percent were denied. This denial rate has…

Governor Rick Scott has raised the profile of balanced billing in the healthcare system and now the Florida legislature is trying to tamp down on it. A Senate bill limiting how and when hospitals can charge patients for out-of-network services…

CMS has released new ICD-10 claims denial reimbursement metrics. CMS explains its evolving outlook and what comes next post-ICD-10. Post-ICD-10 implementation claims denial is a top 2016 focus for healthcare organizations. According to last month’s ICD-10 survey from Porter Research…

Hospitals must prepare for possible revenue cycle management and cash flow risk following PAS conversion. Careful planning and an assessment of resources are key for success. Most hospitals experienced a noteworthy revenue cycle management performance disruption following recent conversion of…

As payers and providers wage war over reimbursement rates for medical services, patients have been increasingly strapped with unanticipated healthcare bills that can have detrimental financial effects. The practice of balance billing refers to a physician’s ability to bill the…