Healthcare debt collection, as well as medical billing, can hinder your success as a healthcare provider whether you are a hospital, medical laboratory or an independent practitioner. Deliver ability of advance healthcare services and implementing debt recovery and timely medical billing lies paramount to the improvement in your patient experiences. When it comes to your financial health,…

Outsourcing your medical billing can be the most crucial decision you ever make in your medical practice as a healthcare provider. It can make your life a lot easier, and you will make a sharp reduction in billing errors, making more money, becoming more patient-focused resulting in satisfied customers as well as a getting a…

Year after year, regulatory changes make medical billing more difficult. If you handle your billing in-house, the chances are good that your staff members spend a significant amount of time trying to understand compliance requirements, coding changes, and reasons for denials. Perhaps they’ve adapted the billing process and got things back on track only to…

Recent studies show that businesses are failing to meet the expectations of their customers. This is increasingly true for healthcare facilities that outsource their medical billing process. The biggest problem is that there are major inconsistencies between customer expectations and the reality of the services that medical billing companies provide. And there shouldn’t be. Just…

The switch to electronic-based healthcare has been both valuable and complicated. It can get confusing when you’re constantly inundated with new rules and regulations, causing a need for more time and resources. Outsourcing your medical billing is one solution to this ongoing problem. If you’re reluctant to take the leap in that direction, here are…

With the way things are going in laboratory billing, it’s crucial that you don’t stay stagnant. The field is always expanding, and with new tools for business improvement emerging constantly, you don’t have to rely on outdated methods of laboratory billing. By utilizing some of the latest innovative solutions to face today’s billing challenges, your…

3 Tools to Improve Your Laboratory Billing Practices

If your lab handles billing in-house, you always have to be on the lookout for tools to improve your billing practices. After all, the goal is to stay competitive and profitable. Large labs generally rely on robust software systems to ease their workflow, but for smaller companies, this can be seen as a difficult or…

CPT Billing Code

CPT Codes are codes that you and other medical professionals and laboratory personnel use to document the medical services and procedures you provide to patients. CPT stands for Current Procedural Terminology, and the five-digit codes are recorded by medical billing specialists who process laboratory billing claims. Each unique code corresponds to a designated service, translated…

© 2019 - MEDCARE MSO

Medcare MSO
WordPress Lightbox