Every specialized medical practice has different ways of coping with the administrative tasks. Medical billing management is one of the most crucial priorities that often give sleepless nights to the healthcare professionals. If you are a part of a specialized healthcare facility then you might need to assess the functionalities of your existing EHR or…
DetailsSome of the most crucial grievances of physician practices include slow reimbursement, complex regulations, billing, bulk paperwork, and other administrative hassles. Although most of the healthcare facilities have switched to cloud technology to streamline their daily operations, some are still buckling down to curb their administrative burden. Here are some of the most effective ways…
DetailsFrom standardizing medical administrative tasks to managing the insurance claims, revenue cycle management has revolutionized the medical billing system. It has not only enhanced patient care but also boosted cash flow of healthcare facilities across the US. However, many physicians and medical staff still find it challenging to cope with the enterprise level technological system…
DetailsInsurance companies have more complex systems and insurance editing processes today. For instance, we have seen some insurance companies split individual codes within a visit into two claims for a provider (two codes were in-network rules while one code was out-of-network rules). These complexities in the edit and rule process by insurance companies need the…
DetailsRevenue cycle management is dependent on efficient medical billing practice and it becomes quite challenging for the healthcare staff to cope with the pressure of maintaining accuracy. The pressure increases with the number of patients making the use of revenue management software mandatory. Here are the top challenges in medical practices faced by most of…
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