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COVID-19 and the Recession in Healthcare Sector: Physicians Recession Survival Guide

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The economic situation in the world economies has been terrible in this second quarter. Look at the economic collapse in the United States. Many would say that it was foreseeable that these very steep falls would occur. Let us remember that in the second quarter we witnessed an almost total paralysis of economic activity due …

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HIPAA, telehealth, and Remote Working: Risks for Healthcare Workers

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The pandemic has given rise to telehealth but concerns are managing the clinical and billing staff remotely. The COVID-19 lockdown has forced many organizations to consider remote working to keep them operational. However, various HIPAA regulation specialists and representatives from law firms dealing in medical-related lawsuits have raised their concerns over the practical viability of …

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Major Challenges of the Healthcare Industry in 2020

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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, …

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Major Types of Health Insurance Frauds And Their Punishments

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 …

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What Are “Unspecified ICDs” And What Are The Complexities Of Their Use

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 …

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What Are Some of the Major Problems in The U.S Healthcare System?

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 …

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11 Things Successful Practices can teach you about missed appointments

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 …

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Medicare Part B Premiums/Deductibles for year 2019

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 …

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