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By Anne Zieger Want to know what’s on medical billers’ minds? Largely, they’re in a stir over the implementation of ICD-10 5010 and compliance with the new HITECH Act, according to speakers at a national conference for the industry. Panel members speaking at a session of the National Conference of the [...] 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 is a procedure adopted by most clinics and hospitals globally, to sort the problem of late payments due to insurance claims and inter departmental co-ordination issues or delays. It is an extension of the fraternity to adopt corrective measures as far as payments are concerned. Hospitalization and [...] The health care industry is booming and the competition is increasing everyday. The best possible way for a company to survive in this competitive economy is to cut costs and the best way to do it is by outsourcing services. In the health care industry, medical billing is [...] The process of collecting fees for medical services is called medical billing. The medical bill which is issued by the physician is said to be a claim. Medical billing may be handled directly by the physician and his or her staff, or it may be administered by a third party. The third party is an [...] |
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