Signs that your practice is in need for EMR

EMR stands for Electronic medical record, which is the systematized collection of patient health information and a digital equivalent of paper records. The EMR represents a medical record within a single facility, such as a doctor’s office or a clinic. EMRs typically contain general information such as treatment and medical history about a patient as it…

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ALL ABOUT PRIOR AUTHORIZATIONS

What is Prior Authorization? Prior authorization is an important element of medical billing and RCM. It is basically a health plan cost-control process requiring providers to obtain approval before performing a service to qualify for payment. Health insurers frequently require prior authorization for pharmaceuticals, durable medical equipment and medical services.  It is one of the…

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BENEFITS OF RPA IN HEALTHCARE

About RPA Robotic Process Automation or RPA is the technology that allows anyone today to configure computer software, or a “robot” to emulate and integrate the actions of a human interacting within digital systems to execute a business process. RPA is capable of automating activities (by creating software agents) that once required human judgment. This…

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ADVANTAGES OF OUTSOURCING TO HEALTHCARE BPO

Outsourcing is a concept people get fired up about. Some people love it; others hate it. It seems as though nothing divides a room full of business professionals faster than the idea of sending some services out of house. Although some people will argue against it until they’re blue in the face, outsourcing is incredibly…

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IMPORTANCE OF RCM IN HEALTHCARE INDUSTRY

What is RCM? Revenue-cycle management (RCM) can be defined as the process of handling claims, processing payment and generating revenue in the healthcare industry. Itis about how an organization handles finances and processes associated withdifferent steps of patient care, beginning from the time when a patient makesan appointment to seek medical services and endingafter all…

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THE IMPORTANCE OF OUTSOURCING

Outsourcing is a concept people get fired up about. Some people love it; others hate it. It seems as though nothing divides a room full of business professionals faster than the idea of sending some services out of house. Outsourcing is the practice of using outside firms to handle work normally performed within acompany and is…

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