What is Vaping? It is becoming a popular trend; smokers are stopping out their traditional cigarettes and picking up the Vapes. Vaping is similar to smoking but instead of smoke, it is the inhalation and exhalation of the aerosol. It’s often referred to as vapor manufactured by an e-cigarette or similar device. The terminology is …
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 …
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 …
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 …
Last year over 600 individuals were charged for healthcare fraud schemes in the United States involving over $900 million false and unethical medical billing practices. There is no end to it, every year a huge number of medical practitioners are accused of healthcare frauds worth billions. Basically, frauds in the health care industry are no …
Electronic health records are beneficial in numerous ways. Both large and small physician practices are rapidly switching to electronic health records from paper charts. With the implementation of the electronic health record system, it becomes easier for healthcare providers to manage patient records and optimize their clinical processes. Besides, some simple benefits such as easier …
Though there have been several attempts by US to cut down on its health care costs, but it’s a fact that the spending is still on a rise. According to an analysis by Johns Hopkins Bloomberg School of Public Health, as compared to its peers, America spends more than twice as much on health care …
A healthcare Blockchain collaboration has been announced by IBM with Anthem Inc. and Aetna. The aim of this collaboration is to produce an ecosystem based on Blockchain that aids the health care companies to increase transparency and to help them in the exchange and use of information. This collaboration will also allow these companies to …
Revenue cycle management is important because it lets you keep track of claims processing, payment and revenue generation. If you do not want to lose revenue, it is essential to track revenue cycle management metrics, as every dollar lost can cause more adverse impact than you expect. 1. Gross Collection Percentage: This is the difference …
Poorly designed EHR systems have been a major cause of physician burnout. Also, these digital reports are of little use and hamper patient’s care. Physicians have been facing burnout epidemic and are 15% more likely to face burnout symptoms than other professionals. This article will examine several analytics and statistics to lay out some recommendations …