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Small changes can result in massive repercussions when improving financial outlook. Maintaining an efficient workflow can help your team with better outcomes and competitive edge in the community. One can improve the productivity by leveraging EHR software and other technologies. Creating an effective workflow doesn’t mean gutting operation or scaling things back rather it means … Read more4 Effective Ways to Create Smoother Workflow
The American Society of Clinical Oncology meeting was held in Chicago from 3rd to 7th June. This Annual meeting brought over 50,000 oncology professionals from all over the globe to discuss on the latest research of different cancer types. Medphine is proud to become a part of the most exciting event for Clinical … Read moreMedphine Attended the Largest Cancer Conference in the World (ASCO)
Many medical practices experience leakage in the revenue collection, right from patient appointment. We have discussed 3 impactful methods to improve your revenue cycle management and prevent any further leakages. MAKING PAYMENT ACCESSIBLE There are million practices that unintentionally puts limitations by not offering different ways for patients to pay. Chances are that patients willing … Read more3 Impactful Methods to Control Revenue Leakage in Healthcare
According to a survey, better performing medical groups have just 4.05% claim denial rate. Is your practice facing more than four percent denial rate? Input oversights, manual errors and timing issues results for more denials than any other factor. Here are 5 tips to avoid common mistakes resulting in claim denials: Timely filing Denials These … Read more4 Tips to Avoid Common Mistakes Resulting in Claim Denials
Are you struggling to maximize the efficiency of your billing process. There are various types of medical billing software which makes choosing the right software challenging. Medical billing software costs high which makes trial versions crucial before investing on it. You need to focus on the below given billing software features: Revenue Management Medical software … Read moreComprehensive guide to Medical Billing Software
Earlier physicians use to rely on single office manager to perform coding and billing along with overseeing operations. Practitioners are under large amount of scrutiny by payers and auditors, required for highly specialized healthcare knowledge. Blended with EHR implementations, ACA and transition to ICD-10 results in struggling to stay in the market. Many practices have … Read moreWays in which Certified Coder Enhances your Revenue
The Merit-Based Incentive Payment System determines the Medicare payment adjustments. There are four categories which contributes to annual MIPS final score. Quality (60%) Physicians have to report on more than 6 quality for minimum 90 days including outcome measure. Groups leveraging web interface have to report 15 quality measure in one complete year. Advancing Care … Read more4 Facts that every physician should know about MACRA
Medphine had an exciting time in the month of February, as we celebrated our 3rd year anniversary. This day marks a crucial milestone for Medphine. We have covered a long way of excellence with dedicated professional, from our modest beginning. Since our inception, we have focused on promoting best practice and highest standard in healthcare … Read moreA Celebration of Excellence and Innovation
A well planned VMV is crucial for strategic direction of a company. Without having strong foundation of values illustrated through vision, it gets difficult for an organization to ensure a constant growth. An organization can’t distinguish, identify or explain itself to its customers and employees without having a powerful VMV. The basic features that … Read moreMedphine’s Growth Aligned with VMV
The 68th Republic Day was celebrated with a great grandeur and solemnity at Medphine. On 26th January, 1950 India became Sovereign Democratic Republic and adopted their own constitution. All the team members were full of fervent zeal and patriotism. The entire office was decorated as per the republic day theme. A traditional wear … Read moreMedphine Celebrated Republic Day in Style