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“I’m at the office late every night taking care of mindless paperwork, just so the insurance companies can deny payment,” a physician colleague told New York Times columnist Pauline W. Chen, MD, for a piece titled, “Fueling the Anger of Doctors.” This anecdotal frustration is corroborated by a new study published in Health Affairs. Led by [...] More doctors nationwide are choosing to contract out or outsource their medical billing needs. This means that professionals training today have even more options to build a solid medical billing career! As a medical billing professional, you will typically provide services to specialty physician groups and primary care practices and process Medicare, Medicaid and private [...] What is medical coding and who are medical coders? Well, everyone does know about the importance of accurate medical data while providing quality healthcare service. The professional medical coder is one of the main persons involved in the capturing of this critical and accurate medical data that needs to be delivered in time. [...] The Commonwealth Fund states that in 2007, 72 million Americans either experienced problems paying medical bills or accrued medical debt. Billing errors are often at the root of this problem, creating medical bills that patients can’t afford. Interpreting a hospital bill can be complicated and reviewing it line-by-line can be time-consuming and overwhelming.
By, Tom Sullivan Although HIPAA 5010 essentially serves as the EDI pre-cursor to ICD-10, the new transaction standard also brings a fistful of its own noteworthy advantages. Let’s face it: HIPAA 4010 is outdated; hence the more than 500 changes in the pending 5010. What’s more, HIPAA 5010 will “offer consistency of processing for payers and clearinghouses,” [...] By, Harry T Selent There is no denying technology from creeping and seeping into our daily lives. Everyday, better and more powerful systems are being put in place to help streamline and automate business processes. Medical practices are no exception. To run a medical practice properly, the right medical billing software has [...] As documentation linking oral health and overall health of the human body continues to build, more and more dental practices are recognizing the value of filing medical claims for many of their procedures. While this knowledge leads to more opportunities for filing claims with medical carriers, it also requires dental practices to learn [...] Incorporating a medical billing company into your health clinic’s workings is not a small decision to make. Indeed, it is an important subject, since it covers a wide amount of benefits, several of which can enable your medical practice to run more effectively and maximize your profits. Cut down on those worries and [...] When it comes to the practice of medical billing, precision is absolutely paramount to ensuring that payment from claims submitted to insurance companies, or respective administration entities, is received by the doctor or other licensed health care provider who provided the service. Most medical billing professionals are required to perform a myriad of [...] Whenever a health care provider or a hospital plans to have a full fledged medical billing department with billing clerks, it is very essential to think twice and make sure to choose well experienced billing staff. Today fortunately, outsourcing the entire medical billing process is a cheaper option that is available. Quite [...] |
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