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 …
A medical billing outsourcing company can help a great deal to the physician’s office and hospitals if they are lagging on the finances. No matter how zealot you are toward patient care, you can only accomplish your mission if you have a proper medical billing department to take care of your financial needs. You can …
Recent advancement in technology has transformed the Healthcare industry and the medical billing process i.e. Electronic Medical billing. It is a term that is highly used these days, it a process in which a healthcare provider submits a bill or claim to the health insurance companies and keeps the follow up in order to receive …
Getting paid for the services offered to your patients is equally important as is the quality of care. However, many physicians and medical practices just focus on providing the care and are not good at following up payments and collections. To close your revenue cycle successfully, physicians should undertake payment collection strategies. These strategies should …
The most noticeable impact on healthcare workers during the pandemic is how it disturbs life and keeps individuals feeling depressed. The important consideration is required for those healthcare workers who are working in these stressed times, to keep them psychologically fit when they are additionally encountering incredibly significant levels of stress, tension, and anxiety. It …
For a healthcare practice to succeed, it needs to continuously evolve focusing on their finance and medical performances. In today’s healthcare environment, the cost of healthcare is continuously increasing, which is then changing the current medical payment model. This also increases the competition, which means patients have more choices and control over what healthcare practice …
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 waiver protects companies and other authorities from court-case regarding any type of their employee injury as they have signed …
Many people get confused about what a Health Insurance Provider Network is and what do they do? They are healthcare providers and their main job is to provide healthcare at a discounted rate by contracting with an insurance company through EPO, HMO, or any other plan. The discounted price is then accepted as a total …
The world is in a pandemic situation. What makes the Omicron Variant so dangerous? Sadly, we have no concrete answer yet as according to UNICEF researchers are still looking into this and data is not enough to share what this virus makes different from the last variants of COVID-19. But what we can do in …
Once an adult in the United States turns 65, they earn the right to enroll in Medicare, a senior-focused federal health insurance program that covers hospital services, medical services, and prescription drugs. Adults that want to save on their Medicare bundle may also opt for Medicare Advantage. Also known as Medicare Part C, Medicare Advantage plans …