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Charge Entry in Medical Billing

Importance Of Charge Entry in Medical Billing And Ensuring Proper Reconciliation

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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 …

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Healthcare payers

How Can Healthcare Payers Improve Patient Care

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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 …

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credit balance in medical billing

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

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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 …

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Backlogs & Old Ageing Claims

What Are The Best Practices While Dealing With Backlogs & Old Ageing Claims?

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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 …

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How AR Specialists In Medical Billing Are Important For Effective RCM

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  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.  …

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Charge Entry Specialists In Medical Billing

Charge Entry Specialists In Medical Billing: The Backbone Of Successful Revenue Cycle Management

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  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 …

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