The latest trend in physician services seems like it’s hospitals hiring doctors as their employees or owning the practice jointly with the physician. While this may be the current trend, this statistic does not tell the whole story – and it certainly does not mean the end of the solo physician practice. In fact, quite

State-of-the art, cloud-based Revenue Cycle Management is a significant investment, so the owner of a Medical Billing Company must ask themselves whether it is worth the cost. The answer? Only if you want your business to succeed. Over the last several weeks, we’ve talked about the changes occurring in the medical billing sector, the threats

Alongside the drive for efficient file sharing and comprehensive health records to support patient care, there is growing concern that the most critical element in the care equation – the patient – may be at greater risk as most providers shift toward EHRs. Proper patient care is at risk Evidence is mounting that physicians distracted

Better management of clinical documentation processes increases a practice’s bottom line by decreasing the time it takes to get claims paid and reducing claims denials. Strong documentation management makes it easier to create financial stability in a private medical practice and helps streamline revenue cycle management. The best clinical documentation is an integrated approach to

The Affordable Care Act is adding new patients to already over taxed health primary care doctors, creating even longer waiting times. Newly insured patients are trying to fully understand their benefits and their financial requirements. However, health industry analysts are also seeing an increase in concierge care, a service most people associate with the wealthy.

Professionals expect the market for healthcare revenue cycle management products to boom, driven in part by changes associated with measures such as the Affordable Care Act. Before things can take off, providers and vendors must work together to address the entanglement of problems that exists in the current RCM structure. Legacy Revenue Cycle Issues Healthcare

Fraud is nothing new, but that doesn’t mean it never changes. Certain parts of the ICD-10 implementation create obstacles for fraud detection. These are a handful of healthcare schemes to be aware 1. EHR-related fraud. As EHR systems become more prevalent, there are increasing issues with fraud related to auto-population. Trussell notes that some systems

Earlier this month, we talked about the potential for longer claims cycles as automated detection systems are temporarily derailed by the ICD-10 changeover. We’ll tackle basic processes on how to avoid a Medicare audit and how coding software can guide you to the right levels first: How to avoid a Medicare audit: 1. Use documentation

All of us in business have, at one time or another, been told to think outside the box. If you’re in healthcare, it’s time to tear the box into pieces and throw it in the trash. The enormous shifts taking place in healthcare and the rapid pace at which they’re occurring means everyone needs to

As a medical billing service, it’s hard to soar with the eagles when your billing software is a turkey. Turkey software is the kind that gobbles up all your time, keeps you pecking around in data entry, and offers no way to help your clients stuff the financial holes so common in manual processes. In