Revenue cycle management, or RCM, is crucial to operating the best medical practice. It impacts the provider’s profits and shapes the patient’s overall experience. To keep pace with the ever-evolving healthcare panorama, providers need a solid grasp of RCM and continuously seek ways to enhance it. However, most healthcare providers want to know how to […]
Medical practices are pressured to provide excellent care while managing costs and administrative work. Small practices face unique challenges, especially with medical billing. These issues can cause lost revenue and extra stress, leading to lower-quality care. The good news is that small practices can handle this with others. Medical billing services offer a solution. They […]
RVU medical billing is a scientific approach that quantifies the value of health professionals’ medical services. It is especially related to how a physician is compensated. This approach simplifies the billing procedure and maintains uniformity among different specialties and geographical locations. But what exactly is an RVU in medical billing? In essence, it is a […]
Myocardial Infarction is commonly known as a heart attack. It occurs when the blood flow to a part of the heart is blocked for an extended period. It is leading to damage or death of the heart muscle cells. Myocardial infarction is a severe medical emergency and a leading cause of death worldwide. In healthcare, […]
Urgent care centers commonly treat harmless illnesses and accidents. They can treat such patients faster than primary care physicians or emergency departments. Given the increasing evolution of this type of service anywhere in the United States, urgent care facilities should follow exact billing and coding procedures and accurately apply CPT codes to receive timely and […]
CPT Code 96372 is a frequently used but often misunderstood element in medical health. It is pivotal in healthcare settlement. However, its accurate application secures appropriate compensation for administering injections and underscores its significance in the broader scope of medical assistance. Gaining approval for CPT Code 96372 presents a multifaceted challenge for medical practitioners and […]
Preoperative assessment is necessary for safe surgical outcomes. The factor that often gets overlooked a lot during pre-op assessment is the role of accurate documentation and coding. Among the rigorous documentation, pre-op clearance ICD 10 codes hold immense value as they help categorize and specify necessary pre surgical evaluations. ICD 10 for pre op clearance is […]
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 […]
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 […]
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