One of the most asked questions in the healthcare industry is, how long does it take to get credentialed? 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 …
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 which is expected to increase by 13% by 2026. The role of medical coders and billers is very crucial, however, …
Read moreThe Importance of Medical Billers and Coders in the Healthcare Industry
There are times when healthcare service providers used to indulge in pass-through billing, which is controversial. Pass-through bills are considered unethical and illegal because the healthcare providers or their staff request billing for a service that is not provided by them. The billing provider increases its profit by charging for a service that they did …
Once you have set up your medical billing business, the next step is growth. Growth is necessary for any business to survive in the market and be successful. The same is the case with the medical billing business. Growing your medical billing business basically requires acquiring more customers. But how simple it is to attract …
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 …
Read moreCOVID-19 and the Recession in Healthcare Sector: Physicians Recession Survival Guide
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 …
Read moreHIPAA, telehealth, and Remote Working: Risks for Healthcare Workers
With the help of Artificial intelligence (AI) any company or organization can maximize their income and workflow in their revenue cycle management system. Artificial intelligence was a dream before but over time it becomes a reality and it brings a revolution in many industries especially in the healthcare industry. Artificial intelligence is the most powerful …
As we all know that COVID-10 is primarily a respiratory disease and the spectrum of infection with this virus can range from people with various symptoms. But people generally with strong immunity may not have reported any signs and symptoms for COVID-19. According to the current knowledge, it is transmitted between people via respiratory droplets …
Read moreCOVID-19 and the Use of Masks: Malpractice Risks for Medical Practices
Healthcare providers are at the front line of care delivery process, yet they are regularly the survivors of insurance payer’s actions to lessen costs. For what reason payers emphasize decreasing reimbursement to providers. The unintentional outcome is that we are entering a time where providers are worn out, exhausted, and saying goodbye to solo practices …
Read moreHealth Care Providers Are Losing Billions, Witnessing Decline in Reimbursements
A waiver is a type of agreement that both parties have to sign in which one party would give up the legal rights to sue another party for any type of injury or damage. A liability wavier protects companies and other authorities from court-case regarding any type of their employee injury as they have signed …
Read moreWill a Waiver Protect me from COVID-19 Infection Claims?