01st Oct 2020 Estimated reading time : 5 Minutes Managing Accounts Receivables in Covid-19 Accounts receivable is one of the major factors in the revenue cycle management. With almost all major economies of the world coming to a standstill due to stringent lockdown and social-distancing measures, most organizations are reeling for cash. The tremors of…
09th sep 2020 Estimated reading time : 5 Minutes Telemedicine and Medical Coding in Covid-19 As the world continues to deal with the COVID-19 pandemic, telehealth is emerging as an effective and sustainable solution for precaution, prevention and treatment to stem the spread of COVID-19 and is offering an excellent way for practices across the…
08th Sep 2020 Estimated reading time : 5 Minutes How to Improve AR and Enhance Cash Flow Setting up an efficient AR (accounts receivables) management strategy is an important part of any successful business. Even though there is no such company which intends to adopt weak accounts receivable policies but lack of planning or a…
08th Sep 2020 Estimated reading time : 5 Minutes 5 benefits of outsourcing Accounts Receivables For healthcare organizations with an inefficient A/R infrastructure, billing is usually delayed or are often inaccurate. This can lead to a reduced bottom line alongside worsening your patients relationship with your hospital when inefficiencies occur. Without the acceptable A/R structure,…
19th Aug 2020 Estimated reading time : 1 Minutes Impact of Covid-19 on Medical billing companies in US The global COVID 19 pandemic attack has gone far beyond thousands of infections and deaths and has affected almost all sectors. Healthcare organizations and medical billing companies being in the vanguard during this travail state are most…
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…