Medical coding is at the center of the revenue cycle for a pain management clinic. Unfortunately, practices have to deal with numerous challenges in meeting federal regulations and payer’s demands. Some issues arise from payer rules that limit procedures and cause delays in receiving payments. In the face of these challenges, what can healthcare providers…
From the moment a patient books an appointment to the moment they pay their bill, there are many important and often tedious steps to having a successful revenue cycle. Patients are now paying out-of-pocket for up to a third of the average healthcare bill! As a provider, you want to minimize any stress that comes…
Like all businesses, a medical practice needs to keep an eye on its revenue to maintain operations. With recent changes we are seeing within the healthcare industry, it is predicted that $250 billion worth of services could be virtual in the future. In this article, we examine some of the payment and billing challenges that…
Accurate medical billing is essential to any medical practice. It is important to both the patients and the provider that billing is done in a professional, detail-oriented way that benefits everyone involved. Because up to 30% of the average bill for healthcare will come from the patient’s pocket, it is crucial that medical providers rely…
Managing medical billing services can be a daunting and time consuming task for medical providers and their office staff. Luckily, there are professionals who can take care of such services, leaving you and your staff to focus on what is important; patient care. If you are in a situation where you want someone else to…