Importance of Medical Billing Audits Accurate medical billing and coding are central to the healthcare revenue cycle. A medical billing audit can help health care providers such as hospitals, nursing and rehabilitation facilities, surgery centers, and others identify problems that, if left unaddressed, could cause them to lose compliance with…

Understanding Out-of-Network Claims in Medical Billing When a plan and provider are not enrolled in the same network together, or if any one of them is not enrolled in any network, then resulting claims are considered Out-of-Network claims. For these claims patients are responsible for paying, a whole or a…

Outsourcing vs. In-House Medical Billing Medical billing includes steps of sending and following up on claims with payor companies to ensure timely reimbursements for healthcare services providers provide. While healthcare revenue management covers all aspects starting from patient demographics, eligibility verification, to timely payments receiving. It is essential aspect of…

Exploring the Future of Medical Billing and Coding Technology evolution is factual, especially in the healthcare industry. Technology has replaced all old techniques and strategies to streamline medical billing processes. It is crucial to move to and utilize the latest tech-based solutions, which are the future of medical billing. Tech-based…

Effective Strategies for Revenue Cycle Management The financial stability of any healthcare organization or practice depends on its Revenue Cycle Management (RCM). Maintaining your revenue cycle is not easy in a continually changing healthcare landscape. This intricate process begins with the appointment booking and ends with receiving the final payment…

5 Tips to Reduce Medical Billing Errors The complexities in healthcare require extra efficient medical billing. It is essential for maintaining the cash flow, the business’s financial cycle, and quality patient care. However, medical billing errors can result in delays in payments, crucial denials, or other compliance issues.All these hurdles…