Martin Jacob, Author at Wonder Worth Solutions

12 Nov 18

How CMS Payment Rules Have Changed For DMEPOS From July 2014 Till Date

CMS proposed a number of payment policies to durable medical equipment, prosthetics, orthotics and supplies (DMEPOS) from July 2014 till date. Here’s the historical payment rules of each year. CMS Proposed Polices and Payments rates for End-Stage Renal Disease providers for CY 2015 On July 2, 2014, the Centers for…

07 Nov 18

When does outsourcing your credentialing make sense?

Many organizations who have taken on credentialing responsibilities find it challenging to master the process on a macro level. Ever-changing laws and standards impacting credentialing can be difficult to stay abreast of and/or implement. One of the biggest challenges, which also has a direct impact on the revenue collection of…

November 5, 2018
Martin Jacob
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Improving payer contract management by analyzing terms and assessing payer performance can maximize revenue for healthcare providers. Payer contracts contain fee schedules and reimbursement requirements, as well as the conditions payers must meet for timely reimbursement. Ensuring correct reimbursement in a timely manner is always at the top of a…

October 31, 2018
Martin Jacob
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The Centers for Medicare and Medicaid Services (CMS) has proposed a rule that would affect the 2018 reporting year and beyond. The proposal offers a number of ways to help physicians avoid penalties. CMS has posted a fact sheet about its proposal. The Centers for Medicare and Medicaid Services (CMS) says over…

October 29, 2018
Martin Jacob
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Revenue cycle management is the process that manages claims processing, payment and revenue generation, and often entails the use of technology to keep track of the claims process at every check point. Effective revenue cycle management will maximize the return on investment of a hospital. If you don’t have a good system in place, it can be challenging…

24 Oct 18

Four Steps To Help Make Provider Credentialing Mistakes Disappear

It’s very essential to be a provider with government and commercial insurance companies. Your practice needs steady patient referrals not to mention cash flow, but Are you mired down in the provider credentialing processes by making these common mistakes? Whether it’s a simple human error or an inefficient process, making…

October 22, 2018
Martin Jacob
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How Hospitals Can Improve Their Billing and Collections Processes It’s not uncommon for hospitals to grapple with account resolution problems, and revenue cycle management is an ongoing challenge for even the best-run hospitals. In 2018, many hospitals are struggling to collect payments from not only patients, but insurance companies too.…

October 18, 2018
Martin Jacob
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New Meaningful Use is defined by the use of certified electronic health record technology in a meaningful manner, ensuring that the certified EHR technology is connected in a manner that ultimately improved the quality of care. This concept of meaningful use was enacted with the American Reinvestment & Recovery Act in February…

October 15, 2018
Martin Jacob
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Mergers and acquisitions have become a reality in today’s increasingly competitive home medical equipment marketplace. This means smart providers need to understand How M&As work, and how they might ultimately fit into their business strategies? Times are tough for smaller DME suppliers, but the changing healthcare landscape is also impacting…

October 10, 2018
Martin Jacob
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Pharmacy accreditation is not just about revenue streams it’s also about being able to service your community. Many pharmacies are exploring the issue of accreditation. They wonder: What will it take? Will it be worth the time, effort, and investment? Like other DME retailers, pharmacies that want to sell Medicare-reimbursable…

Martin Jacob

How CMS Payment Rules Have Changed For DMEPOS From July 2014 Till Date

When does outsourcing your credentialing make sense?

Maximizing Healthcare Provider Revenue with Payer Contract Management

What Physicians Need To Know To Avoid MIPS Penalty In 2019

How Hospitals Can Improve ROI through Revenue Cycle Management

Four Steps To Help Make Provider Credentialing Mistakes Disappear

Five Ways For Improving Hospital Billing and Collections Processes

New Meaningful Use Program: How Does This Affects Hospitals and Healthcare Providers

Is a Merger or Acquisition Right For Your Business Strategy?

Pharmacy Accreditation: Building Community, Building Credibility

Navigating the Complexities of the Physician Self-Referral Law: A Comprehensive Guide for Healthcare Providers

Mastering DME Billing and Coding: Your Comprehensive Guide to Training and Certification

Finding the Right DME Billing Company Near You: A Comprehensive Guide

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