In the ever-evolving healthcare landscape, efficient revenue management is crucial for the success of medical facilities in Tampa. Tampa Medical Billing Services play a vital role in ensuring accurate and timely billing processes, maximizing revenue, and maintaining financial stability. In this blog post, we will explore the emerging trends in Tampa medical billing and discuss…
Medical billing is one of the biggest challenges you face. You have to worry about doing everything right, getting paid on time, and reducing your costs. The problem is that none of this is happening and you are thinking about outsourcing to medical billing companies in Tampa, FL. Everyone sounds great and you are not…
The accuracy of a medical claim is something that is crucial, but it’s estimated that more that 80% of medical billing claims contain an error. That’s quite the chunk of claims, which makes it extremely common. In this estimated that 3 out of 4 claims contain errors. This could be human error, but there’s also…
We talk about the Revenue Cycle, but what is it? It could, simply, be defined as the administrative and clinical functions that factor into the capture, management, and collection of patient service revenue. There you have it! Speaking normal English, it’s a fancy way of saying that this is a full view of the life…
Three-quarters of hospitals say they are facing a hostile revenue cycle influence. Even though post-pandemic revenue and other financial metrics have begun to climb up, the cost of inflation and the skyrocketing expenses of managing medical care for patients is offsetting the majority of income. So, how do you get your practice to optimize your…
Why is my claim being denied? Well, actually there are a few reasons, but we’ll help with a brief list below: Incorrect or missing patient information. This is as simple as spelling the name Daniela and missing the letter “e”. Danila’s claim won’t be paid. This also has to do with the patient’s demographical and…
In the years between 1815 and 1915, the horse and buggy were the “it” way to get around town. Nowadays we use cars and pray that we’re not paying too much at the pump. Another modern marvel of the times we’re living in is that we can e-file our claims, making the entire process that…
Maya Angelou was a prolific writer who said it best, “Nothing will work unless you do.” This Labor Day the Gables Medical Billing team would like to wish you the joy of rest and relaxation.
Visits from families to the pediatrician before their babies go back to school are going to be at the top of their checklist every school year. The local school district will likely ask for verification of the legal name and age of the student, as well as all pertinent health and immunization requirements to attend…
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