July « 2009 « Medical Billing Outsourcing

ICD-10 Will Reduce Payment Errors and Claims Denials, but Will Also Help Fraud Investigators

By Nina Youngstrom, Managing Editor,

Payment errors should be reduced significantly under ICD-10 diagnosis and procedure codes, which must be implemented by Oct. 1, 2013. Experts say that improvements over ICD-9 — including less ambiguity, more specificity, and standardized terminology and combination codes— will help hospitals improve their compliance. [...]

Medical claims processing

Health care facilities around the country see numerous patients every day. An important part of their operation is the health care providers that they choose to employ. Some hire better doctors, nurses, and technicians. Therefore, they are frequented by more patients. Many people do not realize that an important part of a [...]

Minnesota goes electronic today with medical billing

By Jeff Hansel

The state of Minnesota is turning a corner that no other state has dared face in the same way.

A 2007 law takes effect today, requiring “electronic billing of all health care claims.”

The [...]

Electronic Medical Billing

By the editors of BuyerZone

Software to help medical practices manage their finances has been around for decades. However, today’s electronic chiropractic billing programs are more accurately called chiropractic practice management software and bears only the most basic resemblance to its older counterparts.

[...]

What Are The Benefits Of Outsource Medical Coding?

Most of the time Claim get decline because of improper medical coding done by medical coders. Without proper medical coding, it is very hard to get claim reimbursement easily. Medical coding is a process of giving special code to verbal description of disease, injuries and procedures. Insurance coding is one of the [...]

Outsourced Medical Billing must pursue underpayments

You are losing up to ten percent of your collections if payer underpayments are not being aggressively pursued by your outsourced medical billing company. It is simply a minimum requirement of being in business that medical billing services compare your payments to the amounts your payers have agreed to pay you.

Electronic Medical Billing Save Money by Improving Office Procedures

Electronic medical billing makes life easier and collections more successful in a medical practice. Questions about medical bills can be answered before the bill becomes past due because of quicker response times. Complicated payment procedure for insurance companies will no longer overwhelm a billing office.

The [...]

Healthcare Billing & Management Association Presents Survey Findings to America’s Health Insurance Plans

Outreach Part of Broader Effort to Promote Administrative Simplification in Healthcare

LAGUNA BEACH, Calif.–(BUSINESS WIRE)–The Healthcare Billing & Management Association (HBMA), a non-profit educational resource and advocacy group representing third-party medical billers and billing professionals, announced today that it presented member survey findings to executives [...]

Activation

hvt45fx8gq

Two studies assess cost of doc-office paperwork

While how much of a medical practice’s administrative overhead can be classified as “waste” is still open to debate, two new studies posted on the Health Affairs Web site attempt to put a price tag on these clerical tasks and on how much a medical practice must spend before it can extract a [...]

Medical Billing Outsourcing

Blogroll