As a practitioner, you already know the significance of an outsourced revenue cycle management. It is a proven fact that outsourcing your medical billing affects your reimbursement positively. The performance of your billing company is the decisive factor in the financial success of your practice. If your payment is declining despite having your revenue cycle … Read moreHow To Assess Your Billing Vendor
HIPAA defines health care fraud as “knowingly, and willfully executes or attempts to execute a scheme, to defraud any healthcare benefit program or to obtain using false or fraudulent pretenses, representations, or promises any of the money or property owned by any healthcare benefit program.” Providers are continually struggling with healthcare frauds which costs the … Read moreTIPS FOR DETECTING AND PREVENTING HEALTHCARE FRAUD AND ABUSE
As the pressure has increased on healthcare regarding value-based care, providers are striving to help patients with their health and making them live a healthier life. The healthcare business is based on content and a satisfied relationship between provider and patients. At the same time, value-based care model pushes providers further to provide more excellent … Read moreUSE ONLINE TOOLS FOR INCREASE IN PATIENT RETENTION
Communication is one of an essential skill in a professional’s life. When you can listen carefully and communicate effectively, then you have already won half the battle. It removes a lot of hindrances, confusions and it is quite beneficial for your professional life. Effective communication gives you a confident personality. When it comes to … Read moreEffective Clinical Communication For An Absolute Care
Denials are among one of the biggest issues faced by the medical world right now. Claim denial has been described as the “refusal of an insurance company or carrier to honor a request by an individual (or his or her provider) to pay for health care services obtained from a healthcare professional. The rate of … Read moreHOW TO FIX CLAIM DENIALS
After many considerations, finally, you took the leap of faith and decided to get an Electronic Health Record for your practice. It is a big commitment to your practice and finances. What are the factors that you should look out for before switching to an electronic system for your patient’s health record? While EHR gives … Read moreHow To Choose EHR Vendor For Your Practice
Physicians suffer a lot due to declining reimbursement which is a direct result of an error in medical billing. The average that healthcare industry loses every year because of mistakes in billing is not clear but it is very evident that the money at stake is staggering high. To be able to manage the finances … Read moreHOW TO FIX COMMON BILLING MISTAKES
The old saying, “Jack of all trades, Master of none”, is being celebrated as a much sought after quality in young businessmen today. But when it comes to medical practitioners this quality is not supposed to be admired. Doctors have a responsibility towards the society and any mistake in the diagnosis/treatment can cost someone’s life. … Read moreSimple Ways To Reduce The Administrative Burden In A Practice
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