The healthcare industry is one of the most rapidly changing industries in the world. Challenges, such as rising costs, value-based care delivery, payment reforms, data security and transformation to smart healthcare technologies have engaged healthcare professionals in recent times and there is more to come in 2020. Technology is transforming healthcare at a faster pace, …
Read moreMajor Challenges of the Healthcare Industry in 2020
What is insurance fraud? Insurance fraud is a willful misrepresentation or falsification that the individual or business makes, knowing that the deception may result in unauthorized use to the person or company or another party. The most common type of fraud is a fabricated statement, misrepresentation or willful mistake that is critical to determining the …
Read moreMajor Types of Health Insurance Frauds And Their Punishments
What is ICD? International; classification of diseases (ICD) is a system used by physicians and health care providers to classify diseases. It is used to classify and code all diagnosis, symptoms, and procedures recorded in conjunction with clinical care, hospitals, and other healthcare facilities. ICD is based on the international classification of diseases. It uses …
Read moreWhat Are “Unspecified ICDs” And What Are The Complexities Of Their Use
What determines the best healthcare system is how much the country spends in the quality of the health care provided and what are the outcomes of that spending. Moreover, it depends on the availability of healthcare services and obviously how effective it is at keeping the country’s populous healthy. At what cost, and what consumers …
Read moreWhat Are Some of the Major Problems in The U.S Healthcare System?
There are numerous practices that cause people to lose over $100,000 every year because of missed appointments only. If you are here, we assume that you’re most likely one of the numerous practices on experiencing what we call the No-Show Epidemic. Every year about an average rate of 12% of missed appointments build up the …
Read more11 Things Successful Practices can teach you about missed appointments
Medicare Part B covers physician services, outpatient hospital services, certain home health services, durable medical equipment, and certain other medical and health services not covered by Medicare Part A. The standard monthly premium for Medicare Part B enrollees will be $135.50 for 2019, an increase of $1.50 from $134 in 2018 The annual deductible for …