14th Aug 2020 Estimated reading time : 5 Minutes 9 steps to Restrict Revenue Leakage in Medical Billing Healthcare revenue cycle management is the financial process that facilities use to manage the administrative and clinical functions associated with claims processing, payment, and revenue generation. The process encompasses the identification, management, and collection of patient service…
30th July 2020 Estimated reading time : 7 Minutes Impact of COVID-19 on Revenue Cycle Management Healthcare providers are already working in battle mode, preparing new plans to respond to the growing amount of coronavirus patients, from sourcing rapid diagnostic kits to securing sufficient personal protection equipment for workers and figuring out where to place…
24th April 2020 Estimated reading time : 5 Minutes How To Boost The Revenue in Medical Practice? In today’s competitive healthcare sector, organizations have been experiencing tremendous administrative pressure along with increasing operating expenses. To cope with this, you need advanced tools at your disposal to keep your medical organizations’ finance profitable. This is where…
17th April 2020 Estimated reading time : 5 Minutes 5 Top Reasons You Should Outsource Your Medical Billing Services With the ever-increasing and incessantly evolving facets of the medical industry, it is quite natural that new regulations may get introduced in the domain. In fact, medical organizations, as well as businesses, are seeking for the…
28th Jan 2020 Estimated reading time : 5 Minutes Medical Coding Issues? Try To Outsource It – Here’s Why You Should! Today, the competition is growing high even in the medical field. However, the competition relies on the accuracy and efficiency in the medical coding. Also, submission of the medical claims is highly significant. Medical…
26th Dec 2019 Estimated reading time : 5 Minutes Best Ideas To Minimize And Avoid Medical Billing Errors In these uncertain times, given all the changing rules regarding the filing, collection, and processing of claims by insurance carriers, doctors do encounter financial burdens. The most frequently asked questions. Am I collecting the highest possible amount?…
15th Oct 2019 Estimated reading time : 5 Minutes Know The Benefits of Healthcare Provider Services Outsourcing as a concept within a medical organization is the transfer of part of the functions of servicing the activities of a medical institution to another company specializing in the relevant field based on an agreement. Outsourcing allows managers…
10th Sep 2019 Estimated reading time : 5 Minutes How To Avoid Medical Claim Denials? Medical claim denials have risen, and they are affecting not only the hospitals but only also the physicians. This comes as an expense to the healthcare industry, whereby sometimes, the claim is denied, which is a loss. They lose revenue,…
24th Aug 2019 Estimated reading time : 5 Minutes Ensure Error-Free Entries For Claims Submissions – Charge Entry Services In many organizations, an essential component is the data entry process. It entails the creation of actual data of the company. And in that case, the data to be processed should be free from errors at…
20th Aug 2019 Estimated reading time : 5 Minutes Deliver Superior Customer Service Experience – Outsource Prior Authorization Services Have you thought about authorization before outsourcing? Outsourcing the pre-approval process will be very profitable for your business! Outsourcing prior authorization services are essential for the profitability of any business. A critical step to success is…