Healthcare providers and patients often report difficulties with health insurers regarding prior authorizations, with many consumers saying their care was either denied or delayed last year, due to the requirements in pre-authorizations. Keeping the existing concerns...
While most physicians are honest, provide high-quality care, bill patients correctly, and submit accurate claims to insurance companies, there are few who exploit the health care system for personal...
Analyzing financial data in a healthcare practice is important for informed decision-making that promote financial health and overall sustainability. Financial reporting in healthcare supports a...
Denial management plays a critical role in the medical billing process. When claims are denied, it delays reimbursement and poses a critical financial challenge for healthcare providers. Denial...
In any medical practice, timely reimbursement, financial stability, and the delivery of high-quality patient care depend on efficient medical claims submission and processing. Healthcare providers...
Successful revenue cycle management in medical billing ensures that healthcare providers can focus on delivering optimal patient outcomes without compromising financial viability. Effective revenue...
Medical billing involves translating healthcare services into billing codes and submitting claims to insurance companies for reimbursement. Errors can be costly. Did you know that medical billing...
The healthcare industry is subject to extensive regulations. US privacy and security laws such as HIPAA require healthcare organizations to protect personal information, imposing heavy penalties for...
The challenges confronting the US healthcare system range from high costs to accessibility problems. The federal government introduced the value-based care strategy to improve the healthcare system...
Like value-based care, patient centricity is one of the top emerging trends in medical billing. Patient centricity, a quality measure put forward by the National Academy of Medicine, focuses on...
Telemedicine offers the convenience of virtual appointments via video or phone, benefitting both health and ease of access. It allows healthcare providers to see patients in their home environment,...