Just like physicians are worried about how faulty medical billing services can affect their profits or practices’ reputation – similarly, a lot of people are concerned about their necks when it comes to the safety of chiropractic care. The main reason behind the concern depends on many elements such as the aggressive manipulation regarding upper …
Physicians have to provide high-quality healthcare services to cater to the needs of their patients. Along with a busy schedule, physicians have to complete necessary administrative responsibilities as well – such as medical billing, coding, and credentialing. Physicians normally have two options either to outsource medical billing services, medical coding services, and physician credentialing services …
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 …
One of the most asked questions in the healthcare industry is, how long does credentialing take? Now there is no specific answer to this question as the turnaround time for medical credentialing varies. A standard credentialing process takes from 90 to 120 days based on the guidelines. In some cases, the process may be completed …
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, …
Pass through billing occurs between a reference laboratory and a physician practice that enables the physician practice to send specimens to the reference laboratory for testing, pay directly to the reference laboratory, and then bill the patient or the insurance company for the medical test typically at a higher fee. The billing provider increases its …
While it may not sound like a big task, growing any business is more challenging than setting it up. Of course, you can disagree with it but what we just said is true. If we talk about the medical billing business, getting new clients is the hardest task of all. If you are planning to …
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 …
To take care of the non-medical obligations that your practice is facing, selecting the right medical billing company is vital. It is what will help it to divide the responsibilities in a way that does not create issues for the practice. These medical billing companies aim to reduce the overhead of the practice. This is possible …
Revenue Cycle Management solutions help the medical services with the crucial tasks of processing claims and payments along with the services of effective management of the revenue cycle. These providers ensure streamlined cash flow and workflow in the health care industry by keeping in touch with the patients’ insurance reimbursement status and by checking their …