In the fast-paced arena of surgical care, having optimal health for the patients prior to the operation is the most decisive matter. Clearance before the surgery in this process is one of the key aspects that involve careful evaluations and...
Maximizing Profitability: How Professional Medical Billing Services Can Transform Your Small Practice
Managing the revenue of a small-scale medical facility is no less challenging. From dealing with complex billing processes to making sure that payments are made on time, the administrative burden is usually overwhelming compared to the main task, i.e., patient...
What are V Codes in Medical Billing?
In the complex world of medical billing and coding, every code depicts a specific procedure or service delivered to the patient. Among these, V codes have their own key role and are assigned when the patient’s health does not fall...
HIPAA Compliance in Medical Billing: All you need to know
According to a recent study, approximately 40% of healthcare organizations are unaware of the latest HIPAA compliance policies and guidelines. This situation is particularly alarming because HIPAA violations not only result in heavy fines and penalties but also entail numerous...
How to Maintain Patient Privacy in Healthcare
In the digital age, ensuring the security, privacy, and protection of a patient’s healthcare data is not easy. Patient privacy is not merely a legal obligation of a healthcare organization but a fundamental right of the patient to keep his...
Top 10 Ways to Maximize Your Medical Practice Cash Flow
Cash flow management is an important aspect of the financial sustainability of a healthcare facility. Cash flow is, in simple terms, the movement of money into and out of the organization. From streamlined billing operations to accepting technology such as...
An Ultimate Guide to Charge Posting in Medical Billing
Charge entry plays an essential role in the medical billing process. The accuracy of the revenue cycle management is determined by the amount of reimbursement the provider will receive from the insurance company. In a simple sense, charge posting is...
Top 5 Reasons to Hire a Medical Billing Company
Most healthcare facilities prefer to manage the billing and coding process in-house. Healthcare providers attempt to handle everything themselves. They are familiar with the fundamentals of medical billing and coding. An in-house team submits the claim and codes the item...
Understanding Recoupment in Medical Billing
Recoupment in medical billing is a process that holds significant value for both healthcare providers and payers. It revolves around the recovery of overpaid payments from the provider. This process occurs for multiple reasons, such as coding errors, duplicate billing,...
Common Medical Billing Mistakes and How to Avoid them
According to Pat Palmer, founder and CEO of Medical Billing Advocates of America, three out of four medical bills have errors in them. These errors could be for multiple reasons. This blog will highlight all the major reasons for medical billing mistakes and the best practices to avoid them.
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