Medical billing and Revenue Cycle Management (RCM) is a huge process that is crucial for both clinics and independent medical service providers. nnTo assist with this task many Medical Billing firms have come into existence that allow healthcare professionals to outsource their task of RCM.nnSome may argue that outsourcing medical billing might be a risk, however,...
Author: medmiles
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How Does The Process of Claim Scrubbing Help a Medical Practice?
We have seen many changes in medical billing for the past few decades. Many healthcare providers have to follow the rules, regulations, and guidelines required by various insurance companies while submitting claims. nnAlso, they have to make sure if their claims comply with HIPAA or not?. All these requirements are essential to get reimbursements on...
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How to Handle Cardiology Billing and Coding? Know 5 Essential Tips!
Cardiology is one of the most puzzling practices in the healthcare field. According to a study, heart diseases lead to about 655,000 deaths in the US every year, which means 1 in 4 deaths is caused by cardiovascular disease.nnAfter ICD-10, the importance of documentation, compliance, billing, coding, and auditing in cardiology has increased more than...
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Pharmacy Billing and Reimbursements: 7 Points to Know
From pharmacy to patient’s hand, prescriptions undergo many stages of reimbursement. Filling a prescription and adjudicating it may seem complicated, but it is the only way to understand pharmacy billing. nnIf you are a physician and thinking about offering medications through your own office along with your healthcare services, it is an option worth considering. It...
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Medical Billing Services Near Me: How Can I Find Them?
Do you have a medical practice that is challenged with billing and collections? Is it difficult for you to follow up on insurance billing codes, rejected claims, and unpaid bills? There’s a good chance you could benefit from “Medical Billing Services”.nnThere is no doubt that the healthcare industry is overburdened with paperwork. Medical experts believe...
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Top 4 Cyber Security Best Practices To Prevent Cyber Attacks In Healthcare
Due to the current pandemic, healthcare providers are moving towards offering their services virtually. This shift towards technology is creating big opportunities for cyber attackers to breach the systems of healthcare facilities to steal the sensitive data of the patients.nnCybercrimes have been around for a long time but the risk of getting ambushed by hackers...
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5 Reasons Why Payment Posting Is Necessary For Medical Billing Process
Payment posting plays an essential role in the medical billing process. You can use it to assess your revenue cycle management system and discover ways to improve your revenue stream.nnPayment posting may sound like a very basic task. But, one mistake can cause many problems, like denied claims, late payments, etc., which can be troublesome...
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What Is Mental Health And Why Is It Important To Overall Health And Well-Being?
Mental health is equally important as physical health. Mental health consists of cognitive, psychological and social factors. It affects the way we think and act. Most people do not think about their mental well-being as they consider it just average. nnOur mental health impacts our daily routines, relationships, and overall health and well-being. It can be...
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Common Accounts Receivables Issues And How To Overcome Them
Are you suffering from recurring errors in your Medical Account Receivable processes? It’s important to know that you are not alone, as there are many common problems that trouble healthcare organizations and obstruct their financial goals. nnUnpaid accounts receivables can seriously damage your cash flow. It is the most critical process in any business. The main...
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Improve Optometry Billing Collections In 6 Easy Steps
The growth and prosperity of an optometric practice depend on continuous revenue flow. A successful business is one that focuses on growing revenue while providing outstanding customer experiences. In healthcare, patients are customers.nnIt can be overwhelming to deal with Optometry Billing Collections. The hassles associated with optometry billing can often lead to errors or delays. nnA...