The pandemic brought strict social distancing norms. This made people revert to telehealth for their healthcare needs. Over time, telehealth emerged as a new standard. Telehealth saves time and costs for patients. Plus, remote consultations can resolve scheduling conflicts. It also helps in reducing commute costs. Previously, hands-on exercises delivered chiropractic services. But they have […]
After the COVID-19 chaos, there was a notable physician exodus. One of the major problems included the upheaval between the demand and supply of doctors. As a result, physicians from metropolitan centers moved to states like Florida and Texas. New healthcare dynamics and unexpected problems powered this migration. Also, it was an attempt to meet […]
Revenue leakage in medical billing refers to a situation when healthcare providers don’t get the payment for the services or care provided to the patients. Typically, this happens when outstanding bills for healthcare services remain unpaid for too long and unintentionally go unnoticed. Unfortunately, an average healthcare facility succumbs 2 to 3% of its yearly revenue to […]
You must know that your healthcare service can become complex with many processes. Your patient should receive the care they need without suffering unexpected expenses. Retro authorization is the one on top of the list. It can significantly impact on care provision and cost management both. Retro authorization is the process by which a health […]
Unstop Peace of Mind & Enroll in Medicare and Medicaid Today for a Healthier Tomorrow! Steering the healthcare coverage landscape can be complex. Particularly regarding two of the country’s most significant Medicare and Medicaid health insurance Enrollment programs. you must grasp what they offer and how they operate. Medicare insurance enrollment is typically available to people […]
Providing top-notch medical services is just part of the story in healthcare. There is a critical backstage process of Medical Billing Agencies that monitors these services are properly accounted for and paid for medical billing Services. It involves the submission and follow-up of claims with health insurance firms. Thus, healthcare providers can receive payment for […]
Managing a healthcare practice is getting more challenging with each passing day. Therefore, more and more medical practitioners prefer outsourcing medical billing services – as an easier financial solution. Is billing that difficult – the answer is yes; it is a rather complex process, especially if your practice is undertaking in-house medical billing. Revenue cycle management (RCM) is […]
Most medical practices, especially those with only a handful of practitioners, believe that keeping or controlling all facets of RCM (Revenue Cycle Management) in-house will give them more flexibility or understanding of their finances. However, most practitioners or healthcare providers did not enter the profession to become accountants, coders, or billers. The reality of medical billing […]
Physician crеdеntialing is a critical procеss within thе hеalthcarе industry that еnsurеs thе qualifications and compеtеncy of hеalthcarе providеrs. It is a thorough еvaluation procеss conductеd by hеalthcarе organizations, insurancе companiеs, and rеgulatory bodiеs to vеrify thе qualifications, еducation, training, еxpеriеncе, and licеnsurе of physicians. Vеrification of Education and Training: During thе physician credentialing services […]
Healthcare revenue cycle management optimization involves unifying healthcare’s clinical and business sides through the coupling of administrative data. The data includes the patient’s name, their insurance provider, and other personal information about the patient’s treatment, in addition to their healthcare history/data. One key component of revenue cycle optimization is hands-on and continuous communication with health insurance providers. Revenue Cycle […]
© 2024 MedICD. All Rights Reserved
