Effective revenue cycle management (RCM) is critical to the financial success of a medical organization and outsourcing to experts makes the process both more accurate and efficient. Many people do not realize that RCM is much more than bookkeeping and cost cutting. Everything related to how a practice gets paid, from getting insurance approval when…

Medical Billing Companies

A medical practice has two major types of accounts receivable: reimbursement from insurers or government payers and the part of a charge that the patient is responsible for. Collecting payment from each of these two involves a completely different process, but a medical billing company will take care of both of them. Medical revenue cycle…

medical billing services

    Medical billing has become a huge issue for many medical practitioners, ranging from individual private practices to extensive regional hospital systems. Physicians are even moving into early retirement because the additional stress and paperwork involved are taking the joy out of their jobs. Outsourcing medical billing to an organization that does not practice…

Medical billing inefficiencies can bankrupt a medical practitioner, a group, hospital or medical center. The demands from insurance organizations are mounting immense pressure on providers to straighten out their coding and billing processes and to improve their revenue cycle. As a medical professional, no matter what position you hold, either you are an independent physician,…

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…

The healthcare industry is constantly changing, and the job descriptions for office managers and staff are growing longer and longer. It’s hard enough to keep track of your responsibilities in a busy practice—whether it is a hospital, doctors office, imaging centre, or a lab—but it’s almost impossible to keep your focus on patient care with…

© 2019 - MEDCARE MSO

WordPress Lightbox