We all have asked this question to ourselves at least once whether it is illegal to not have health insurance in the US. The answer to this lies in the history of healthcare laws. But before we delve deeper into the topic, let us be very clear that health insurance whether made mandatory by law …
Read moreIs It Illegal To Not Have Health Insurance In The US? All You Need To Know
For a healthcare practice to succeed, it needs to continuously evolve focusing on their finance and medical performances. In today’s healthcare environment, the cost of healthcare is continuously increasing, which is then changing the current medical payment model. This also increases the competition, which means patients have more choices and control over what healthcare practice …
Read moreWhat Makes a Healthcare Practice More Successful than Others?
Many people get confused about what a Health Insurance Provider Network is and what do they do? They are healthcare providers and their main job is to provide healthcare at a discounted rate by contracting with an insurance company through EPO, HMO, or any other plan. The discounted price is then accepted as a total …
As we all know that COVID-10 is primarily a respiratory disease and the spectrum of infection with this virus can range from people with various symptoms. But people generally with strong immunity may not have reported any signs and symptoms for COVID-19. According to the current knowledge, it is transmitted between people via respiratory droplets …
Read moreCOVID-19 and the Use of Masks: Malpractice Risks for Medical Practices
Healthcare providers are at the front line of care delivery process, yet they are regularly the survivors of insurance payer’s actions to lessen costs. For what reason payers emphasize decreasing reimbursement to providers. The unintentional outcome is that we are entering a time where providers are worn out, exhausted, and saying goodbye to solo practices …
Read moreHealth Care Providers Are Losing Billions, Witnessing Decline in Reimbursements
A waiver is a type of agreement that both parties have to sign in which one party would give up the legal rights to sue another party for any type of injury or damage. A liability wavier protects companies and other authorities from court-case regarding any type of their employee injury as they have signed …
Read moreWill a Waiver Protect me from COVID-19 Infection Claims?
As more individuals are being requested to remain at home or self-isolate to stop the rapidly spreading coronavirus. More and more people are now demanding to consult with their physicians virtually instead of in-person meetings. Prerequisites of virtual visits. Specialties are currently prescribing going to telehealth including telemedicine and teletherapy as the primary alternative for …
Setting up telemedicine is an important step for any practice. However, after its setup, they have to also ensure their success and effectiveness. Technical glitches must be avoided to help with a smooth medical consultation. Thanks to the new technology of today, this is possible as the telemedicine solution is quite simple. Professional features are …
Read more15 Physician Tips for a Successful Telemedicine Visit
Spending money requires smart decisions whether it is in the healthcare industry or any other. This means that healthcare providers must be aware of financial implications. These implications involve the investment of practice into the telemedicine technology. Telemedicine has brought with it a whole plethora of benefits. Patients can receive better access to care, increased …
Read moreHow Telemedicine is increasing Medical Practice’s Revenues
Every year there are some rules and regulations set by the medical practices to achieve two goals. Firstly to provide remarkable health care services and secondly to maximize the profits. With technological advancement and digitalization in every field, medical science is also keeping pace, by innovating services with modern technology. Introduction of Revenue Cycle Management …
Read more5 RCM Trends that will define 2020 for Medical Practices