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Top 5 Medicare Physician Fee Schedule Updates for 2024
09
Oct
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Top 5 Medicare Physician Fee Schedule Updates for 2024

The Centers for Medicare & Medicaid Services (CMS) regularly updates the Medicare Physician Fee Schedule (MPFS) to adjust payment policies, coding, and reimbursement methodologies, directly impacting physicians, healthcare providers, and billing professionals. As we move into 2024, there are some significant changes to the MPFS that everyone in the healthcare industry should be aware of. […]
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Accurate Patient Eligibility Verification_ Best Practices You Need
02
Oct
By No Comments

Accurate Patient Eligibility Verification: Best Practices You Need

Physicians dedicate themselves to delivering exceptional patient care, but without effective medical billing practices, they risk facing denials and losing out on optimized reimbursements. One of the most critical elements of this process is accurate insurance verification. Ensuring patient eligibility verification is confirmed before services are rendered is essential for timely and appropriate reimbursement. This […]
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Is Your Revenue Cycle Management Team at Risk_
18
Sep
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Is Your Revenue Cycle Management Team at Risk?

The RCM process is the backbone of healthcare organizations, ensuring smooth cash flow, operational efficiency, and financial stability. However, despite its significance, many healthcare practices overlook one crucial aspect: the well-being and sustainability of their revenue cycle staff. High turnover, burnout, and constant changes in regulations put your RCM team at risk, directly affecting your […]
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Causes of Medical Coding Backlogs & How to Fix Them_
11
Sep
By No Comments

Causes of Medical Coding Backlogs & How to Fix Them?

Accurate, high-quality medical coding is essential for ensuring prompt and precise reimbursements. Any issues during the coding process can result in lengthy rejections and expensive denials, creating a bottleneck in the revenue cycle. This can lead to backlogs, extended accounts receivable (A/R) periods, and postponed payments. Identifying the underlying reasons for medical coding backlogs and […]
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04
Sep
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Top Strategies for AR Management in Medical Billing

Accounts Receivable (AR) in medical billing is a critical component of a healthcare practice’s financial stability. Efficiently managing A/R is not just about collecting payments; it’s about maintaining a steady cash flow, minimizing delays, and preventing revenue loss. Effective A/R management directly impacts a practice’s ability to stay profitable and thrive in a competitive healthcare […]
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