Managing a successful family practice goes beyond providing excellent patient care—it requires efficient financial management to ensure long-term stability. Yet, family medicine billing is often complex, with coding errors, denied claims, and administrative overload impacting our bottom line. Outsourced family practice medical billing offers a strategic solution, allowing us to streamline revenue cycle management while…
In the intricate world of healthcare, cardiology stands out as a specialty with unique challenges, especially when it comes to medical billing. Effective management of cardiology billing processes is crucial for ensuring accurate claim submission and maximizing revenue. At Gables Medical Billing, we understand the nuances of cardiology billing and offer specialized services to help…
In the complex world of healthcare billing, the importance of clean claims cannot be overstated. For healthcare providers, ensuring that claims are clean before submission is crucial to maximizing reimbursements and maintaining a steady revenue stream. Gables Medical Billing, a leader in Medical Billing Services Florida, emphasizes the significance of clean claims in the billing…
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…
This feels like such a BIG ask. It also makes us think of the entirety of the medical billing process. Every single piece of the puzzle, when laid out can seem like A LOT. If we break it down to adjusting a few intricacies that could make the process more seamless it would be: Transparency…
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…
Easier said than done, we know, but we’re the pros. Since we’re the professionals and see submissions of all kinds, to payers of all sorts, we’ve learned a thing or two and would love to share it with you. Incorrect and Improper Patient Information and Data This is a common issue, incorrect or mismatched patient…
