In the overall process of medical revenue cycle management (RCM), payment posting is often relegated to the “when I get around to it” list—meaning it often gets left undone. At first it may seem like an administrative detail that isn’t very important, since you’ve already received payment, but that’s a short-sighted view of what is…

In a medical business climate where costs are rising and payments are declining, it can easily start to feel like your practice is stuck between a rock and a hard place. There are some steps you can take to lessen the stress, however. The primary thing we recommend is outsourcing your physician billing and collections…

As if doctor bills and insurance companies weren’t difficult enough to understand, hospital billing takes the madness to a whole new level. Patients are often shocked by how high the figures are on their bills, and they can only hope their insurance will cover it. Registration and Establishing Patient Financial Responsibility When you make an…

Medical billing services has more than its share of jargon, but most of it is easy to decipher with a little research and familiarity with medical practices. Entity code errors on claim denials are unfortunately not among the easier mysteries to solve. Entities in Medical Billing Generally, the definition of an entity is a person…

Traditionally, medical billing services were 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 medical billing services. The electronic system of recordkeeping and billing that…

If the idea of “automation” makes you think of spammy Robo-callers and cringe, there’s good news. There are many benefits to automating certain aspects of your practice, and they result in better communication, more efficient time usage, more accurate medical billing services, and even increased interaction and better relationships between your patients and your practice….

The growing sub-specialisation 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…

Medical billing solutions may sound like the job of an accounting or bookkeeping firm, but at Medcare MSO, we consider ourselves to be in the customer service business. Yes, we have a large staff of experienced medical billers, and we prepare, scrub and submit claims for reimbursement, but what sets us apart is our commitment…

Laboratory Billing Systems

Laboratory medical billing is part of the same overall coding and billing system in use in the various medical fields throughout the US, but laboratory billing services 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 service…

    The core of physician billing services for a medical practice or facility begins with the first contact with the patient and includes every step of dealing with insurers and payers until you receive payment; however, there is more to revenue cycle management (RCM) than that. There are several aspects of RCM that take…