150 billion! Yes, that is how much healthcare systems of the United State lose because of patient no-shows, in a year. Setting up, operating and maintaining healthcare organization is expensive. What adds to the staggering expense and has an adverse impact on the revenue generated is the frustrating habit of the patient not showing without … Read moreHow Patient No-Show Affects RCM?
Yes, setting up a medical practice is time and cost-extensive but that is not the end of it. How are you going to survive the health care competition without continuously working towards improving the practice management? It takes diligence and exceptional administration skills to operate a successful and efficient practice. Take note of these strategies … Read moreImprove Medical Practice Management
What makes a medical practice worth revisiting and recommending? The hospitality. The way the practice treat the patient coming for the treatment is what makes the facility trustworthy. A patient’s experience doesn’t stop at them leaving the door of the facility after successful surgery. How enriching has been the patient’s experience at the facility has … Read moreBOOST PATIENT’S EXPERIENCE, ENHANCE BILLING!
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
People don’t purchase basic products without all the essential documentation like warranty, quality check, etc. How do you expect patients to seek health care services from you if the medical practitioner you hire cannot justify their qualification and experience? Which is why medical credentialing is essential for every healthcare service provider. CREDENTIALING: Credentialing is the … Read moreWhy outsource medical credentialing specialist?
How is mental health billing different from medical billing? Psychiatrist unlike a general physician or any specific medical specialist serves its patients differently. While other healthcare professionals perform surgeries, a psychiatrist counsels the patients through therapy sessions. Hence, while undoubtedly insurance claim is a hassle for the general health practitioner, but having to prove the … Read moreMedical billing for behavioural healthcare
It is a task in itself to maintain the rapport of medical practice by providing quality treatment and care to all the patients. What if amid trying to provide the best possible healthcare service, the provider is slapped with a notice of claim denial from the insurance company? Yes, medical practices are for helping people … Read moreImprove denial management of your medical practice
The following constitutes a healthy revenue cycle management: Patient Pre-Authorization Eligibility & Benefits Verification Claims Submission Payment Posting Denial Management Reporting Of all these critical processes required for an effective revenue cycle management, payment posting is one of the most crucial ones. Although it seems like a simple process, payment posting if gone wrong can … Read moreHow Can Your Medical Practice Benefit From Payment Posting?