The American healthcare system has undergone significant change in the passing years. With the shift from fee for service to value-based care, every aspect of the healthcare system from service to account management system has been disrupted massively. But with the change impacting the reimbursement structure, taking the load off the payer as well as … Read moreFundamental: Bundled Payments in Healthcare
“If patients don’t know the cost of care and cannot see costs across providers they can’t seek the lowest cost as they can in any other industry,” Verma said in a phone call with reporters. “The lack of price transparency has resulted in a system that doesn’t allow patients to make value-based decisions based on … Read moreHealthcare Billing Transparency
Yes, hospital, clinics, doctors, healthcare professionals are responsible for keeping people in pink of their health, but they also need money to keep their medical practice financially healthy. This is where healthcare revenue management comes into the picture. Medical/healthcare revenue cycle management is a crucial element of medical service providers which is responsible to efficiently … Read moreMEDICAL RCM: AT A GLANCE
Ever-changing healthcare technology has a significant impact not only on enriching patients experience but also on how healthcare practices process. From the invention of stethoscope and anesthesia in the early 1800s, the journey of healthcare technology has been nothing short of amazing. Digitization has played a pivotal role in mitigating the roadblocks for an efficient … Read moreDIGITAL DISRUPTION IN HEALTHCARE
A: I will never recommend that medical practice, even to my nemesis? B: Why so? A: They have a pathetic front-desk staff? No etiquettes, disorganized and sheer wastage of time, visiting that hospital. And there goes all your hard-work straight in the drain. You know how they say, “first impression matters”? This is apt … Read moreENHANCE YOUR PRACTICE’S FRONT-DESK EFFICIENCY
In one of our previous blogs, we discussed what steps can a healthcare service provider take to ensure effective implementation of Electronic Health record. One of the pointers mentioned in it was to designate a leader that will provide smooth management of the newly implemented EHR. In continuation with that we will be discussing today, … Read moreEnsure successful training for EHR Implementation
Of all the intricate processes that make up the medical billing and coding in the healthcare industry, be it Insurance verification, medical transcription, claim submission, payment posting, one process which holds utmost prominence, considering heightened intricacies of its own is charge entry practice. Why, you ask? Because charge entry process if overlooked will impact your eligibility … Read moreRationalise your charge entry practice
Ever since its inception in the year, 2008 with bitcoin, block-chain technology has been a creating ripple in industries, impacting everything. So what is blockchain? It is a chronological arrangement of write once read only data that can be shared and distributed across authorized users, but if one has to delete or alter any data, … Read moreBLOCKCHAIN IN HEALTHCARE
Healthcare industry is undergoing massive change due to political and regulatory modifications. It is becoming increasingly difficult to operate a healthcare business because of its complexity and the profit margins are becoming narrower each day. The modern healthcare flourishes on enhanced technology of health and management which helps these organizations in improving its efficiency. But … Read moreKeys To Successful Implementation Of Any Healthcare Technology
Healthcare providers are moving forward in a swift pace to improve everything from their services to the finances. The advanced technology has simplified their task to a great extent. It has changed the way of practice, diagnose and usage of equipments, which is truly revolutionary. Rapidly developing medical technology has changed the way healthcare is … Read moreHealthcare Technology Continuum & Care Environment