There’s been an exodus of healthcare workers. That’s not really news, just a statement of fact. The current staffing crisis, as it’s being called, is compounded by several other things. There’s been a rise in the cost to furnish services to patients. The combination of lower revenues from medical services and the exit of medical…
What questions do you need to ask yourself within your revenue cycle management process? We’ll give you an idea of what our team asks: Did we put in the correct patient and demographic information? Is the insurance information of the patient up to date? Are they in-network? Is the procedure covered under their policy? Does…
Medical Billing and Medical Coding often get lumped together as one. These items are related, and not always done by the same person, though sometimes the responsibilities could fall under one person. Both of these processes translate a practitioner’s diagnosis and treatment into standardized codes, which are sent to the insurer and pertinent government agencies….
“Darkness cannot drive out darkness; only light can do that.” – Martin Luther King, Jr.
There are so many things that we’re not meant to fully understand, like modern art and the stock market. We want to tell you about a few things that you may not understand about medical billing, but absolutely should. Explanation of Benefits (EOB) We’ve all received one of these, but don’t really know what it…
Studies have shown that medical debt is the leading cause of personal bankruptcies. People who are aware of this statistic often put off necessary medical procedures to keep themselves financially afloat. The No Surprises Act has been enacted to help those who are fearful of possible medical bills. The act will require that patients are…
Pediatric medical billing services in Miami were already gaining ground when COVID-19 struck. While the pandemic pushed the world on backfoot, it made medical practices realize the importance of a pediatric medical billing service to them. Managing a medical facility and handling patients daily is itself a very time-consuming task. However, handling the billing side…
In recent studies, analysts found that almost 80% of all medical claims contained an error. Another study found that roughly ¾ of claims being filed with insurance companies contain something that is incorrect or bad coding. Many of the errors can be chalked up to “upcoding” or upcharges. This is cited as the most common…
This coming year is looking like it will move us further into the evolution of the healthcare and wellness industries. In that same vein, as it has happened for the last two years, telehealth is going to remain a huge player. Telehealth is here to stay, but with the integration of in-office visits. In your…
We wish you the very best 2022!
