Healthcare providers have the responsibility to comply with all current regulations and reforms in the healthcare field. This is a field that experiences constant flux and therefore the challenges...
Inaccurate Billing Data Beats Medicare’s Cost Savings Strategy
Among the measures taken by Medicare to save money spent unnecessarily was its 2008 policy to stop paying hospitals extra to treat certain hospital acquired preventable conditions including UTIs or...
30 Cents of Every Healthcare Dollar Wasted Annually in the US Health Care System
The Institute of Medicine (IOM) has published a detailed report regarding waste of money in the U.S. healthcare, which reaches up to $750 annually. The political parties are trying to reduce...
Ensuring Efficiency in the Insurance Authorization Process
Getting insurance authorization is crucial to the success of any practice. Health insurance companies have stringent rules when it comes to making payment. While they pay for medically necessary...
If Used Correctly, Modifier 59 Can Boost your Healthcare Practice’s Revenue
Modifier 59 is a Level I CPT code used to report that a particular procedural service was carried out. It should typically be applied to the secondary code in a pair of codes and not added to...
Aging Workforce Takes its Toll on Medicare and Social Security
Medicare appears to be the more badly hit because of increasing health insurance expenses An aging populace and a very slowly recovering economy are taking their toll on the long-term condition of...
Physician Billing Services For Ideal Healthcare-Back Office Balance
The pressures associated with heavy patient inflow, patient scheduling, medical emergencies, and general administration makes it difficult for healthcare practices to give patient care and back...
Medical Billing Reports – Their Significance
Any hospital or clinic would want to reduce office expenses, speed up the rate of reimbursement, do away with claim denials, limit aged receivables and improve cash flow and profit. That’s why...