Medical Billing Archives - Page 3 of 15

Medical Necessity in Order to Avoid Claim Denials- To Understand.

March 26, 2022
Martin Jacob
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Medical Necessity in order to avoid claim denials is one of the most important ways to protect your practice’s revenue. While medical billing claims can be denied for a variety of reasons, denials due to a lack of medical necessity — also known as a hard a hard denial —…

March 23, 2022
Martin Jacob
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AR follow up is crucial in medical billing because today, many physicians discover that their medical practice or facilities are generating expected or growing monthly charges but are not experiencing the same growth in recurring cash flow. It is common to find a provider with excessive amounts in medical AR…

March 17, 2022
Martin Jacob
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Copays and ICD-10 codes are frequently related with payment posting. Theprocedure, however, entails more than just entering numbers and processing payments. The revenue cycle management method relies heavily on payment posting. Payment posting, when done correctly, can improve your practice’s cash flow and income. In medical billing, what is Payment…

March 10, 2022
Martin Jacob
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When it comes to accounts receivable, how well do you know your cash flow? Many medical practices treat their accounts receivable (A/R) statistics as a black box of misinformation, when in reality, it’s one of the most crucial figures to comprehend when assessing your practice’s financial health. Accounting for Accounts…

July 7, 2021
Martin Jacob
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Everyone has different priorities, but these are some of the things that providers actually care about the most: ROBUST ANALYTICS You should be using analytics in your practice if you aren’t already. There are many various sorts of analytics to use, but they all provide you a general picture of…

09 Jan 19

Chiropractic Billing Tips for Increasing Monthly Revenue

Chiropractic Billing & office management can be complicated. Especially when you factor in the ever-changing requirements and regulations having to do with health insurance and government programs. A streamlined and efficient financial process is crucial for any successful practice, and is a key to a healthy revenue cycle. Take a…

28 Nov 18

Optimizing Patient Collections: A Provider Panel on What Works and What Doesn’t

We all know how important it is to aim for 100% reimbursement to be successful, which is why collecting from patients up front is an even bigger priority. Now, take it a step further. Do you know how to effectively and efficiently secure those payment methods for future use? How…

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…

Medical Billing

Medical Necessity in Order to Avoid Claim Denials- To Understand.

AR FOLLOW-UP CRUCIAL IN MEDICAL BILLING Why?

UNDERSTANDING MEDICAL BILLING PAYMENT POSTING

The Importance of Accounts Receivable Day Tracking and Lowering

3 UNIVERSAL PERKS OF OUTSOURCING MEDICAL BILLING

Chiropractic Billing Tips for Increasing Monthly Revenue

Optimizing Patient Collections: A Provider Panel on What Works and What Doesn’t

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

Collaborative Approaches: Fostering Communication Between Payers and Providers for Denial Resolution

Embracing the future: Anticipating and overcoming denial management challenges

The Ultimate Guide to DME Credentialing and Insurance Contracting for Ancillary Providers

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