Correct coding for any practice is necessary for everything. No matter what you are coding for, using the standard procedure of adding CPT codes designated for the specific health condition is necessary for on-time reimbursement. When you are coding for multiple services you rendered after an accident, how and when coding multiple wound repairs in …
It is no secret that Medicare is cutting reimbursement for transitional care management (TCM) services. In fact, the payments have been slashed by almost 50%. This means that practitioners must be even more diligent in ensuring that their claims are submitted correctly if they want to be reimbursed for these services. In this article, we …
Medical Billers and Coders play an integral role in the medical industry. They perform most of the behind-the-scene tasks whilst providing a smooth and comfortable experience for the patients. This job’s demand is really high and is expected to increase by 13% by 2026. The role of medical coders and billers is very crucial, however, …
Most medical practices analyze their financial health with a simple analysis of cash flow when it represents only the one aspect of the revenue cycle. Revenue cycle management for practices is a complete process that starts from charge capture, claims submission, accounts receivables, collections and ends up on the analysis of the financial data. It …
If you are dealing with an increased number of rejected claims every month then you really need to delve deep into the reasons that are causing this havoc, because rejected claims and denied payments not only negatively impact your revenue cycle but in a longer course of time can hamper your business operations. However, you …