The medical billing industry is in the midst of a sea change, which means tremendous opportunity for those who understand what’s coming and prepare accordingly. For that, we need to look at where we’ve been (2011-13), where we are now (2014), and where we’ll be in the next couple of years—for five key areas. 1.
One of the hardest tasks for small business owners is taking a step back to evaluate their business by looking at where the industry is, where it’s going, and where the opportunities are. So let’s take a moment to do just that. We’ll start with the fact that the outsourced billing sector is growing at
As technology improves and healthcare reform rolls along, many physicians and practice managers are asking their medical billing companies for advice on electronic record systems. Some practices are moving from paper to digital; others are unhappy with their current system and want to upgrade. Most know that they want their patient records to work well
Hiring a medical billing company makes sense for many practices, but it’s important to ask the right questions so your practice makes the right choices. Here are some essential questions to ask the companies you’re considering. Here are some essential questions to ask the companies you’re considering. 1. How long have you been working in
With the advent of ICD-10, there are plenty of opportunities out there for medical billing companies to gain new clients. But we understand that every minute spent marketing is time away from customers and claims. The good news is that social media and digital publishing mean getting your message out is easier and less expensive
We discussed the first five most common medical coding and medical billing mistakes that cause claim denials in our previous post. Here are the next five common reasons claims are denied. 6. Duplicate billing. Many times, a duplicate bill is the result of human error. They can result from resubmitting a claim but not removing
In this two-part series, we discuss how medical coding and billing involve complex processes that can differ based on the patient, insurer, and procedure. Even the most diligent financial services departments experience claim denials, but knowing the most common mistakes can help you take steps to avoid them. These top coding, billing, and filing errors
Betty Harder, owner of BJ’s Medical Billing Service in Portland, Michigan, was looking for solutions to help grow her business. She had worked directly as a medical biller for several providers but wanted to branch out on her own. Betty doesn’t just enter and process claims for her providers and their patients, she’s an advocate
PracticeSuite Market overview-Medical Billing and Practice Management
Discover why thousands of medical practices choose PracticeSuite to streamline workflows, enhance patient engagement, and improve practice management. Explore powerful features for billing, EHR, patient retention, and more with customizable, all-in-one solutions tailored to your needs.
Special Notice
Any material, information, or other communication contributed by third-party authors (individuals, organizations, groups, etc.) are the expressed views and opinions of the author and do not necessarily reflect the views of PracticeSuite.com, its staff or editors, or that of PracticeSuite, Inc.
Founded in the heart of Silicon Valley, PracticeSuite has grown to a user base of over 92,000+ medical professionals, processing over $10 billion claims annually.
