Monthly Archives: April 2021
Press Release-Bristol Healthcare Services Expands their Podiatry Medical Billing Division
Press Release on “Bristol Healthcare Services Expands Their Podiatry Medical Billing Division” was published in www.1888pressrelease.com on 13 April 2021.
Bristol Healthcare Services Expands Their Podiatry Medical Billing Division (more…)
9 Dynamic Approaches for Effective Patient Follow-up!
Patient follow-up is essential
In today’s fast-paced and consumer-driven world, it has become imperative for medical professionals to be proactive and have a timely follow-up with patients at all stages. This step is crucial in building up better relations between patients and providers. Whether it be hospitals or small practices, patient follow-up is one more step in building patient loyalty and is likely to bring in more referrals. It also takes care of compliance issues.
As claims reimbursement is more closely linked to quality and outcomes, following-up with patients at different stages is necessary and must not be overlooked. (more…)
6 Ways to Overcome Cardiology Billing Challenges!
Cardiology is a specialty that sees rapid development in technology and cardiovascular procedures. There should be no knowledge deficit regarding ICD-/CPT codes for claims to be reimbursed, as it is accurate coding that gets physicians paid. There are other challenges in billing for cardiology specialty, such as documentation not up to standard, human errors and not using combination codes correctly.
To have a successful cardiology revenue cycle and to overcome billing challenges, the following six ways will help. (more…)
Chiropractic Billing: 5 Ways to Augment your Revenue
Care and attention needed for chiropractic billing
Billing in Chiropractic specialty needs a lot of careful attention and can be time-consuming. These services are specialized and reimbursement of claims carries several restrictions. Medicare has many restrictions and commercial payors may have a lesser number. Documentation of medical necessity is critical to get claims paid. Most importantly, payors will reimburse only treatment of the spine by manual manipulation to correct a subluxation of one of the vertebral joints.
Even with restrictions laid out by payors, there are ways to augment your practice’s revenue. (more…)
Ambulance Billing: Best Practices to Maximize Revenue
Ambulance transportation is a reimbursable service when the patient’s health condition is such that using any other transportation method would endanger the patient’s health.
Ambulance services are handled by paramedics and other medical professionals. They are well trained and equipped to carry out the first aid and transportation. Billing for ambulance services and coding are best done by professionals who are certified and trained in this work. (more…)
Why is Patient Demographics Crucial in Medical Billing?
Importance of patient demographics
All medical facilities collect demographic details from patients, which are used for various purposes, including analytics. When it comes to claims submission and reimbursement from payors, the correctness and completeness of demographics data of patients assumes importance. Patient demographics entry is the basis of a claim.
Inaccurate demographics entry results in claim denials and delayed payments. Studies show that healthcare organizations lose about 7% of their annual collections on account of errors in demographic entry. The process of demographic entry should be a streamlined one with checks inbuilt to eliminate mistakes at the initial stages of the revenue cycle. Investing time in capturing accurate patient demographics is crucial to successful revenue cycle management. (more…)