Importance Of Charge Entry in Medical Billing And Ensuring Proper Reconciliation

Importance Of Charge Entry in Medical Billing And Ensuring Proper Reconciliation

Charge Back / By

It is increasingly becoming essential for healthcare institutes to maintain a healthy Revenue Cycle Management. Discussions and deliberation about RCM happen every day. This is because RCM is the basic fundamental on which revenue generation is dependent. A key function of RCM is charge entry in medical billing.  There are regular challenges that affect the …

Importance Of Charge Entry in Medical Billing And Ensuring Proper Reconciliation Read More »

Importance Of Payment Posting In Revenue Cycle Management

Importance Of Payment Posting In Revenue Cycle Management

Medical Billing, RCM / By

Payment posting is one of the most complex challenges for healthcare institutes. The process of reimbursement or settlement is not complete without payment posting. Therefore,  it is essential for billing companies to integrate the process as part of RCM. Efficiency, patient care, and financial growth hugely depend on payment posting. This means a payment posting specialist …

Importance Of Payment Posting In Revenue Cycle Management Read More »

Is Outsourcing To Billing And Coding Companies Better Than In-House Training?

Is Outsourcing To Billing And Coding Companies Better Than In-House Training?

Coding, Medical Billing / By

Outsourcing has become an integral part of the healthcare industry. Healthcare industries mostly face 2 possibilities – train the existing staff or outsource the billing. This is often a complicated decision.  Both these points have their own advantages as well as disadvantages. The medical billing and coding companies in India have grown at a rapid …

Is Outsourcing To Billing And Coding Companies Better Than In-House Training? Read More »

How Can Healthcare Payers Improve Patient Care

How Can Healthcare Payers Improve Patient Care

Charge Back / By

Healthcare payers are those organizations that set the cost of services, process claims and collect payments. They are not the service providers but only process the settlement process. A healthcare payer is not only responsible for covering the cost of the treatment. But collectively responsible for processing claims, enrollment, eligibility, services, and payment. The best …

How Can Healthcare Payers Improve Patient Care Read More »

Useful Tips for Remote Work in Hospital Revenue Cycle Management

Useful Tips for Remote Work in Hospital Revenue Cycle Management

RCM / By

The automated process from the scheduling of appointments to billing till the final payment of cost is covered under revenue cycle management. You can automate and outsource this complex process in the form of remote working.  The revenue cycle management has the following four basic processes: Verification of the insurance This is the primary process …

Useful Tips for Remote Work in Hospital Revenue Cycle Management Read More »

Top 5 Ways Technology Is Changing The Medical Billing Landscape

Top 5 Ways Technology Is Changing The Medical Billing Landscape

Medical Billing / By

The possibilities for almost every industry, including the healthcare sector, have increased. All thanks to technology. Top medical billing companies in India have benefited from tools and solutions that are positively affecting the revenue cycle management cycle in addition to offering essential functionality to medical professionals and patients to increase their clients’ bottom lines. Here …

Top 5 Ways Technology Is Changing The Medical Billing Landscape Read More »

Risks Related To Credit Balance And Ways To Maintain A Healthy Record Book

Risks Related To Credit Balance And Ways To Maintain A Healthy Record Book

Charge Back / By

The credit balance shows the quantity of extra money in possession of the healthcare institute. There can be both methods for a high credit balance – positive and negative. In a healthcare institute, the credit balance refers to the excess money in possession of the institute. This is because the payments are mostly collected after …

Risks Related To Credit Balance And Ways To Maintain A Healthy Record Book Read More »

How To Keep The Credit Balance In Medical Billing Under Control – Moral Accountability

How To Keep The Credit Balance In Medical Billing Under Control – Moral Accountability

Medical Billing / By

Medical billing comprises multiple criteria. It is a complex process and depends on a variety of key points. An important liability arises due to credit balance. The credit balance in medical billing is a vital part of the overall financial strength of the institute. Third-party billing companies generally do not consider this a mandatory requirement. This …

How To Keep The Credit Balance In Medical Billing Under Control – Moral Accountability Read More »

Medical Billing Company In India

Medical Billing Company In India: Is It Worth Outsourcing The EMS Billing Services

Medical Billing / By

Businesses of all kinds aim to maximize their profits, and the healthcare sector is no exception. The time and complexity involved in collecting payments from patients and insurance companies will impact your financial sheet. You can expand the reach of your company’s accounts receivable division, boost productivity, concentrate on your main marketing initiatives, and boost …

Medical Billing Company In India: Is It Worth Outsourcing The EMS Billing Services Read More »

Hiring Medical Coding Experts

How Hiring Medical Coding Experts Help Increase In Profitability?

RCM / By

In the healthcare sector, medical coding specialists play more than one crucial role. Right from focusing on patient care to confirming insurance coverage, they handle all. Among so many responsibilities, the main one is to accurately assign codes for medical diagnoses, treatments, and procedures, which is sometimes a highly difficult undertaking. To guarantee the financial stability of …

How Hiring Medical Coding Experts Help Increase In Profitability? Read More »