The Centers for Medicare and Medicaid Services announced its latest payment rule, which will apply to respective health systems from 2022. The released rules have covered three broad classifications of the healthcare system: Outpatient Prospective Payment System and ASC Payment ...
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Healthcare organizations lose millions of dollars every year to settle lawsuits due to improper billing in healthcare. While legal hassles and case settlements are common in every industry in the USA, healthcare lawsuits strike otherwise since most of the laws ...
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Are you aware of the potential of the growing offshore medical billing industry in recent years? According to the current industrial report published by Mordor Intelligence, the growth forecast in the market size of the outsourced medical billing and coding ...
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Value-based care models are taking over the healthcare industry at a fast pace, with health systems and authorities changing policies and goals to keep up with it. However, for the complete actualization of the value-based care model in a practical ...
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Outsourcing financial services to India is not a new concept in the American business market. The reports suggest that India has taken control of over 44% of the outsourcing business in the world within one decade. 80% of the companies ...
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According to research done by the Office of the Inspector General, did you know that over 40% of the Medicare E/M services lacked proper coding? The errors in medical coding and billing services could cost your company more than just ...
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Did you know that the US Department of Labor estimated from the American Association of Retired Persons (AARP) reports that over 200 million medical claims get denied every day? But the most shocking part is that over 60% are simply ...
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Did you know that according to the financial benchmarking of the American Academy of Family Physicians, the number of overall days spent in accounts receivable should ideally be 30 to 40? Yet, most clinics suffering from low collection rates record ...
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Do you think Covid-19’s impact on medical billing and coding services has been dragged to an assertive level? Interestingly, challenges arising from the pandemic have revealed some critical opportunities for improvement. Last year, every news channel was featuring the tremendous ...
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What is the list of revenue codes for medical billing that you can count on right now? 20? 30? Or at least 10? Oh yeah, Not so possible to reveal it right now! Then how do you memorize it? Fine, ...
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