How Technology is Revolutionizing Medical Billing and Shaping the Future
Medical billing is the lifeline of any healthcare practice, ensuring that providers are paid for the services they deliver. Yet, this critical process is anything but simple. With ever-changing regulations, complex coding requirements, and increasing administrative burdens, billing often becomes a bottleneck for healthcare organizations. Fortunately, technology is changing the game. From streamlining workflows to […]
The Evolution & Future of Medical Billing
The future of medical coding and billing trends shows that the healthcare industry is growing. As it grows, so does the number of complex regulations and requirements governing practitioners. Let’s face it. It is hard to think about the future of your business and profession when most of you are just trying to get through […]
Why DME Billing Outsourcing Is Good for Your Practice
The durable medical equipment (DME) industry is in constant regulatory flux. And billing for dozens of items and services, each with different requirements, can be tedious and expensive. Durable medical equipment includes those items or services that are expected to last five or more years. The category also includes crutches, canes, oxygen, diabetic supplies, ostomy […]
Want to Stay on Top of Your KPIs? A Healthcare Billing Company Can Help!
There are a lot of ways medical professionals can tell if their work is successful. Patients feel better, lab results get delivered in a timely manner, x-rays and scans show the diagnostician what’s happening. But how do you monitor the success of the practice or facility as a business? Key Performance Indicators (KPIs) for medical […]
Avoid Common Mistakes and Future of Rehab Billing 2022
Medical rehab billing may be the exclusive source of revenue for rehabilitation centers, but it is also an important part of billing and coding for physical therapy groups, physician groups with multiple specialties, individual and group practices and hospitals. The challenges faced by all medical organizations apply to rehab billing, but there are some situations […]
Questions & Answers You Need to Ask Before Hiring Billing Company
Before You Hire a Billing Company Ask About These 10 Points If you have never worked with a billing company before, it can be difficult to know what to ask about when you are trying to decide who you want to hire. On the other hand, if you have previously outsourced your medical billing but […]
Are You Using the HHS HIPAA Security Risk Assessment Tool? Be Sure to Get the 2019 Update
Are You Using the HHS HIPAA Security Risk Assessment Tool? Be Sure to Get the 2022 Update The U.S. Department of Health and Human Services (HHS) recently released an update to its Security Risk Assessment Tool for Windows operating systems. (The tool is not available for Mac OS, but an older version is still available […]
7 Benefits of Outsourcing Medical Billing
What is Medical Billing Outsourcing? Traditionally, medical billing was provided by billing personnel who worked for each provider or medical institution, and many offices still handle medical billing in-house. However, it is becoming more and more common to outsource those tasks to professional companies that specialize only in billing services. The electronic system of record-keeping […]
Interventional Radiology Adds New Challenges for Radiology Billing Services
The growing sub-specialization of interventional radiology is making many procedures much less invasive and less painful for patients, but as with everything new, incorporating it into the existing system of medical billing codes can confuse new radiology billing services. The Growing Sub-specialization of Interventional Radiology The use of radiology imaging such as ultrasound, MRI, CT […]
What Makes a Laboratory Billing System Successful?
Billing methods for labs is part of the same overall coding and billing system in use in the various medical fields throughout the US, but billing services for laboratories are unique in several different ways. One of the key differences between labs and other types of medical offices is the number of claims processed. Labs typically […]