Apr 11, 2011 – Choosing the right Medical Billing Company from all the Medical Billing providers available is one of the most crucial business decisions a physician, practice manager or facility administrator must make. In practice, with over 7,000 Medical Billing Companies in the US, the decision making process can be rather difficult. Therefore a […]
Health Insurers Need to Work With Physicians To Reduce Administrative Costs
Apr 18, 2011 – Delays in physician payments by health insurers add to the cost of healthcare. These delays can affect patient care as medical office staff spends time and effort managing administrative obstacles set by insurers. Payment delays can be limited by the creation of standard claim submission processes, and improved claim automation and […]
The Importance of Payor Mix and Fee Schedule Examination
Apr 25, 2011 – Preventive medicine is an important part of good healthcare. The old saying of an ounce of prevention is worth a pound of cure really does contain truth. Not only should patients be encouraged to follow a good preventive health schedule but it is also important for the practice to follow some […]
Medicare Improvements in 2011
May 2, 2011 – Medicare reform continues to be at the forefront of the political debate as efforts to lower the overall cost of healthcare and provide a high level of care remain at issue. Several key changes to Medicare in 2011 are as follows: Shrinking donut hole. In 2010 a Medicare beneficiary could receive […]
Medical Billing: The Benefits of Outsourcing
May 9, 2011 – According to numerous surveys, doctors and hospital executives claim that payment collection for services rendered is quickly becoming one of the most important issues they face today. An overly complex system of rules, regulations and participants has forced many medical practitioners to invest considerable time and resources to payment collection. Managing the […]
Medicare Fraud: Abuse of the System & Means of Struggle
May 16, 2011 – There are many different kinds of Medicare fraud yet the goal is always the same – to rook money from the Medicare program. Generally Medicare fraud is challenging to track as not all fraud is detected and not all suspicious claims prove to be fraudulent. That is when Medicare abuse is […]
ICD-10: Current and future implications
June 7, 2012 – There was never any doubt that the healthcare industry would grow exponentially, but few people realized 15 or even 10 years ago how dramatic the changes were going to be. The American population has grown older at the same time medical technology has advanced. Treatments thought nearly impossible are now everyday occurrences. […]
New 2011 CPT Codes for OB-GYNs
The Current Procedural Terminology (CPT) code set for 2011 includes several changes of interest to ob-gyns. Additionally, CPT has added several features to the CPT-4 manual to help clarify coding in a variety of situations, including new guidelines, Coding Tips, and Evaluation and Management tables. These new features are in addition to new, revised […]