September 2017 - Wonder Worth Solutions

Why ICD-10 accuracy codes important more now than ever?

September 27, 2017
Martin Jacob
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ICD-10 accuracy codes reflect how medical practices treat their patients. Incorrect coding can lead to denied claims that hurt healthcare providers’ revenue streams. Unfortunately, sometimes when all the coding is done correctly, healthcare payers may not be able to hold up their end of the deal. ICD-10 accuracy codes reflect how medical…

September 20, 2017
Martin Jacob
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Today, In the billing process the revenue cycle management is one of the most important functions for orthopedic practices. With proper billing, revenue will continue to come in with minimal delays minimizing stress and cash flow issues. When it comes to orthopedic billing, practices need to keep several important things in…

September 12, 2017
Martin Jacob
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A biller’s most important task is to send ‘clean’ claims to Medicare and Medicaid. Though both are high volume payers, they perform differently in the US healthcare system. In 1965, Medicare (a federal healthcare program) was created to target persons over 65 and those under 65 with certain disabilities. It is…

September 7, 2017
Martin Jacob
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The financial strength of your drug and alcohol addiction treatment practice is directly correlated to timely billing and account reimbursement. Inpatient and outpatient drug and alcohol billing is entirely different than most medical billing. If the clinic is credentialed as a facility insurance claims must be submitted on UB04 claim…

September 1, 2017
Martin Jacob
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While many providers might view coding audits as a necessary evil, an effective auditing program yields many distinct benefits. Given the intricate nature of coding rules and the myriad ways they can influence an organisation’s financial performance for better or worse code auditing makes a great deal of sense.Coding audits…

Month: September 2017

Why ICD-10 accuracy codes important more now than ever?

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