The recent health’s study revealed that the ground ambulance costs for patients have been increased from $486 to $759 between 2017 and 2020. Despite the 56% increase and the rising of ambulance services fee from $1,042 to $1,277 during the…
The impact of the COVID-19 continued with the implementation of the new round of Medicare’s Competitive Bidding Program. In fact, the year 2021 has witnessed numerous acquisitions and mergers like never before just to overcome these hurdles of the pandemic.…
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…
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…
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…