The introduction of telemedicine has greatly revamped the medical industry, not only increasing its opportunities but also its challenges to a great extent. This new medium of examining patients, listening to their problems and making prescriptions remotely has allowed medical care facilities to improve a lot. The concept of telemedicine was particularly found to be …
Medical billing, a followed practice in the United States, refers to the process of submitting and following up on claims with health insurance corporations to receive a payment for various services given by the health care professionals to their clients. Simply put, medical billers convert a health-related service into a billing claim. If a medical …
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 …
In a recently released ranking of top 15 medical billing companies of 2020, Digital.com has identified SybridMD as one of the best medical billing companies taking into account the fact that it provides holistic services and is always available to entertain customers’ queries 24/7. Digital.com is an independent website that reviews small businesses, online solutions, and other …
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 …
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 …
Medical Billing is one of the most time-consuming, tedious, and demanding tasks. Practitioners and physicians often get confused between keeping the medical billing in-house or outsourcing the billing function. Medical billing also requires you to spend a large amount of money no matter whether you outsource it or decide to keep it in-house. It is …
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, …
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 not perform. …