How medical billing works

Overview
12 Nov 22

Essential Components Of The Medical Billing Workflow

Introduction As we speak of better and more efficient medical billing in healthcare, managing and moving patients through every visit while assembling data for the submission of claims and collecting the outstanding balances of patients, the components of the medical billing workflow work precisely its duty. Promote Patient Engagement ● …
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05 Nov 22

Claim Adjudication Process

Introduction The adjudication process is also sometimes referred to as the claims management process, but it is important to note that they are different processes. In this article, we will explore what the difference between them is, what steps you can expect when you submit a claim through your insurance…
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WHY-IS-DAYS-IN-AR-IMPORTANT
29 Oct 22

WHY ARE DAYS IN AR IMPORTANT

Introduction Days in AR is a very important concept. It explains the impact of delayed payments on cash flow and measures the amount of time between payment being due and when it clears your bank account. The concept is primarily used to evaluate a practice’s financial health. A high days-in-AR…
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WWS SPECIALIZED MEDICAL BILLING PAYMENT POSTING

EOB READING AND ANALYSIS In medical billing, decoding the payment posting process includes decoding the Patients’ names, account numbers, control numbers, service dates, procedure codes, billed/allowed/adjusted amounts, denials information, deductibles, co-insurances, co-payments if any, and so on. The second you receive the EOB from the insurer, you should read it…
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The Link Between Patient Engagement & Reimbursement

Increasing patient engagement is a top priority for most modern medical practices, especially in the increasingly value-based landscape of medical billing. Even for organizations that have yet to embrace the shift to quality over quantity, patient engagement is far more valuable financially than most practices realize. Why Is Patient Engagement…
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How to Prevent a HIPAA Breach

There are a few solid steps you can take to help reduce the likelihood of a HIPAA breach violation affecting your medical practice, such as: Examine Your Vulnerabilities: Consider hiring a data security consultant to conduct an end-to-end risk assessment of your technological operations and medical billing function. If that…
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