Technology has used in the healthcare industry over the past few years. It’s becoming a common practice across the board. It’s imperative to take steps to protect patient information. However, medical software can help to secure the data. After all, security has a major concern in healthcare information technology. Progress has made lately to tighten …
Healthcare IT Services Make Patient Data Maintenance Secure Read More »
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 »
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 …
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 »
In the regulated & sophisticated world of medical billing, we know that it takes time to get claims processed. Although it’s impossible to make changes into compliances, a faster and error-free process can be implemented to make medical billing a success. Medical software can help you to escalate the speed of claim submission and doing …
Why You Need High-Tech Medical Billing Software In 2021 Read More »
When we talk about medical billing from a general perspective, it seems like a simple task. It looks like that the patient receives the treatment, and the health service provider gets the payment straight away. However, the whole process is a complex one that involves various steps. It can take a fair amount of time …
What Is The Importance Of Payment Posting In your RCM Read More »
Backlogs and old ageing claims result in loss of revenue for healthcare providers. In contrast, knowledge of how to deal with backlogs and ageing claims can drastically increase revenue. In the United States, backlogs and old ageing claims cause the health sector to lose millions of dollars every year. Particularly after the Covid-19 pandemic where …
What Are The Best Practices While Dealing With Backlogs & Old Ageing Claims? Read More »
Medical billing aims to improve the inflow of money for the service providers. This is where AR specialists in medical billing play an important role. Accounts Receivables (AR) Management is the department of medical billing that deals with claims which need a settlement or where the payments are still to come from insurance companies. The …
How AR Specialists In Medical Billing Are Important For Effective RCM Read More »
We know that effective revenue cycle management demands minimal denials and maximum revenue collection at a rapid pace. It is not possible without the proficiency of charge entry specialists in medical billing. It is a pivotal part of the RCM and requires more focus. Let’s explore how your charge entry team efficiency can put your …
