2018 - Page 4 of 10 - Wonder Worth Solutions

FY 2019 ICD-10-CM Codes Released: What You Need to Know

August 13, 2018
Martin Jacob
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On June 11, 2018, the Centers for Disease Control and Prevention (CDC) released the FY 2019 ICD-10-CM code changes. There are 473 code changes, including 279 new codes, 143 revised codes, and 51 deactivated codes. These codes are to be used from October 1, 2018 through September 30, 2019. The total…

August 6, 2018
Martin Jacob
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What is Medical Credentialing? For many licensed medical professionals, Medical Credentialing is known as 1) “the process of becoming contracted with insurance companies”, or 2) “the process of getting on insurance panels”, or 3) “what you need to do to be able to accept insurance.” If the process of credentialing is…

July 30, 2018
Martin Jacob
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Insurance companies provide coverage for care, items, and services that they deem to be “medically necessary”. Medical necessity is one of the most common reasons that insurers deny behavioral health claims. It is possible to get this type of denial overturned, but to do so; there are a few essential steps to…

25 Jul 18

Strategies to Mitigate Cyber Security Risks Of Your Practice

Cyber security is vital for businesses in every sector today. However, it’s particularly important for those in the healthcare sector. There are several reasons why businesses in this arena can’t afford to put off cyber security measures and why tomorrow may be too late to do what you should have…

July 23, 2018
Martin Jacob
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The DME industry, as we know it today, has been around for about 40 years. It is a young industry. For the first 30 years of its existence, there was little government oversight on the DME industry. This has changed. Today, the DME industry is caught in a “perfect storm”.…

18 Jul 18

Benefits of Mobile Technology: Financial Defense for Going Mobile

Mobile Technology has been one of those trends that have taken the business world by storm. Mobile device penetration has been rapid and monumental. In an industry facing reimbursement cuts, ever-evolving regulations and increased customer demand, DME executives are constantly searching for ways to streamline workflow and improve revenue. In…

16 Jul 18

Why Medical Practitioners Need To Manage Cash flow Monthly?

Medical practice is one of the most challenging types of businesses to manage cash flow. When a patient books an appointment, it’s very difficult to predict with certainty how much revenue that booking will generate when the practice will get paid and what percentage of the amount owed will eventually be written…

11 Jul 18

Medical Practice: How to Run Value-based Care Analytics Reports?

As we move further into value-based care, the analytics and reporting segments of EHR will play an ever-larger role in collecting and analyzing data. Analysis and correct interpretation of reports give providers actionable choices for improving quality of care and remaining compliant while boosting revenue as they grow their practices. However, depending…

09 Jul 18

6 Ways to Reduce a RAC Audit Risks

RAC Audit, as physicians know, are part of the government’s program to reduce fraud, waste, and errors in medical billing practices, especially Medicare and Medicaid. Many providers are aware that CMS has increased its RAC audits and commercial payers are also taking a closer look at billing and coding usage.…

Year: 2018

FY 2019 ICD-10-CM Codes Released: What You Need to Know

Medical Credentialing Basics: A Step-by-step Overview To Avoid Distress

Simple Steps to Appeal a Medical Necessity Denial Claims

Strategies to Mitigate Cyber Security Risks Of Your Practice

DME Industry: The Counter to Reimbursement Cuts

Benefits of Mobile Technology: Financial Defense for Going Mobile

Why Medical Practitioners Need To Manage Cash flow Monthly?

Medical Practice: How to Run Value-based Care Analytics Reports?

6 Ways to Reduce a RAC Audit Risks

Mastering Medical Device Manufacturing: Purchasing and Supplier Management (Part 3 of 5)

Mastering Medical Device Design & Development: A Comprehensive Guide (Part 2 of 5)

Mastering Medical Device Design & Development: A Comprehensive Guide (Part 1 of 5)

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