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Worker’s compensation enables the employer to ensure the entitled compensation to the injured employee on the job for medical expenses, lost wages, disability benefits, medical treatment, ongoing care, and other expenses without being landed into a legal ...
Did you know that worker compensation transactions in the American medical industry amount to around 100 Million every year? Worker comp is a critical part of the total spending on billing operations in the USA. Surveys show that 2 to 3% of the total ex ...
A recent report on the hospital revenue cycle conducted by the American Hospital Association and Kaufman Hall revealed that hospitals could face a loss of above USD 120 Billion in 2021! The revenue losses took a dive after the pandemic struck the countrie ...
Worker compensation might be a tough nut to crack in case of medical billing workflow management. However, with particular measures, leading medical billing companies have been found to improve the worker comp collections significantly. These measures thu ...