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The cost of healthcare is increasing and together with that, the portion being borne by patients is also increasing. Patient payment is now becoming a higher source of revenue for providers. Out-of-pocket collections are not exactly an easy matter. It is more costly and time-consuming with more hands-on attention and follow-up. Also, patients do not pay up as fast as payors.

In this scenario where self-payment is so much higher than before, it becomes critical for providers to prepare a simple, straightforward, user-friendly means of financial communication. Listed below are some best practices for patient statements that can be implemented for smarter communication with patients, resulting in improved financial outcomes, lesser collection costs, and optimal use of resources. (more…)

Change is constant in medical coding due to medical and technological breakthroughs, evolving health insurance legislation and changes in codes on account of other factors. Hence a healthcare facility is always in need of experienced coders with the required certification. When an employer hires a coder with a professional certification, they can be confident the candidate has the required knowledge and skills proficiency.

Medical coding is not a straightforward process and nearly 8.5 percent of total claims in a multispecialty facility are denied the first time. Re-working claims are expensive. Coders are required to be knowledgeable in their specialties as well as keep up with the constant changes in the codes and payor guidelines. (more…)

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…)