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Reliable Contract Negotiation Services are Crucial for a Thriving Practice

Payor contract negotiation needs preparation

One of the ways to increase the financial performance of a practice/ healthcare organization is payor contract negotiation. However, payor contracts can be complicated and difficult to interpret even with an attorney or consultant by the side of a physician. Hence a lot of preparation has to be done before going to the negotiating table.

A well thought out strategy needs to be planned and negotiating points to be kept in mind during discussions with payors over contract language/terms, inclusions, exclusions and coverages. Persistence in this process and successful contract negotiation pays in the long run. This is especially so in the post-COVID era with the unprecedented financial challenges faced by providers and payors. (more…)

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Bristol Healthcare Services is exhibiting at the HBMA Conference on September 2021 in Dallas, Texas

Press Release on “Bristol Healthcare Services is exhibiting at the HBMA Conference on September 2021 in Dallas, Texas”  was published in www.issuewire.com on 01 September 2021.

Cerritos, California Sep 1, 2021 (Issuewire.com)  – Bristol Healthcare Services, a medical billing and coding company located in Los Angeles, California, is pleased to announce its participation in the HBMA conference from September 8-10, 2021, at Sheraton Hotel, Dallas. (more…)

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Medical AR Recovery Services Increase your Bottom Line Significantly

Medical AR Recovery Services are vital

Healthcare providers are committed to serving humanity, sometimes at considerable cost to themselves. They forget that the business side of their practice is also essential to keep the doors of their practice open. There are billions of dollars in disputed payments from both federal and commercial payors. AR recovery services from dependable medical billing companies can help stem the tide. (more…)

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How to Smoothly Accomplish Medicaid Provider Credentialing

Physician checking data for applying for provider credentialing

What is the Medicaid program?

Medicaid is a jointly funded state and federal healthcare program that provides care to low-income individuals. Where Medicare is entirely a federal program, Medicaid, by contrast, is wholly administered by each of the fifty states within their borders.

The Centers for Medicare and Medicaid Services (CMS) provides oversight while states administer the Medicaid program. Additionally, CMS issues federal regulations and sub-regulatory guidelines that states must adhere to in implementing their Medicare program.

The CMS has promulgated requirements for Medicaid Provider enrollment. Credentialing standards are set by the National Committee on Quality Assurance (NCQA) and CMS. States may also have additional regulations for providers to participate in their Medicaid program.  (more…)

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Press Release – Bristol Healthcare and Healthpac Together Help many Physicians Grow their Practice

Press Release on “Bristol Healthcare and Healthpac together help many physicians grow their practice” was published in www.1888pressrelease.com on 11 August 2021.

 Bristol Healthcare Services, a medical billing and coding company located in Los Angeles, California, is pleased to announce its association with Healthpac, a medical billing software company, in assisting physicians in having a robust revenue cycle and healthy bottom line  (more…)

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Medical Billing Services for Small Practices: Increase your Cash Flow!

Solo Physician has medical billing services outsourced

Accurate medical billing is a necessity

Accurate medical billing is vital to all medical facilities. Complete and timely reimbursement for medical services rendered is necessary to keep the doors open for a practice/hospital. And in the case of small practices, reimbursement for services is the lifeline for providers.

Physicians do hire billers to take care of the medical billing and coding in-house. However, the numerous and constantly changing rules and regulations in the healthcare industry pose a challenging scenario for billers and coders. Keeping up with changes is often an arduous task. For a small practice, it is crucial that claims be coded accurately and submitted in time. Every process/stage of the healthcare revenue cycle has its importance and needs to be carried out without errors.  (more…)

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