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How can a right medical billing partner bail you out from financial challenges? Yes, I mean the right one! Check out the most recent facts about the benefits of medical billing outsourcing vs. in-house It is becoming tough for medical practices to focus on patient care more. There could be a different reasons depending upon an organization’s strength. Most common

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We all know the glitches with EMR and the time and dollar required to fix it. For past 5 years EMRs are not only providing clinical services but most of them have started their own revenue cycle management services. Yes, we all are a slave of technology because we have experienced the positive sides of productivity and cost control.  And

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The dust has settled. ICD-10 is here. Now what? ICD10 is finally here. And it is not welcome in healthcare circles. Healthcare organizations will have to grapple with thousands of new codes, high overheads and workflow disruptions. The real impact of the revised coding set will be felt in a few weeks from now. As it is still too early

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ICD-10 comes with greater specificity and more numerous codes. There are approximately 68,000 ICD-10 codes compared to 14,000 ICD-9 codes. Medical practices are going through immense pressure due to ICD-10 implementation. It points to the fact, how tough it is without the ICD-9 to ICD-10 mapping tool, to carry the huge code set with you. Let us make this learning

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Every healthcare organization experiences claim denials. It is frustrating, time consuming and expensive to work on denials. But you cannot afford to ignore them. Because denials can hurt your bottomline and increase operational costs! Healthcare experts state that a whopping 25-30% of claims are denied or rejected. Almost 6% of a medical practice’s net revenue walks out of the door

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ICD-10 is just a few days away! It is going to transform the way the healthcare industry, codes and documents medical data. Much dust has been raised about the new coding update. From the famous “walked into a lamppost?” article by the Wall Street Journal to feverish tweets about the mind-boggling volume of codes, ICD-10 has been criticised, ridiculed and

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Will other states get the same benefit? The ultimate goal for healthcare organizations is the successful transition to ICD-10 this coming October 1. It would be early to say how many would are confident to get what they are aiming for. But only 4 states as reported by Modern Healthcare have been granted with a special “crosswalk” method. This mean

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We will be using ICD-10 in a few weeks. But before that do you know the status on ICD-10 implementation? With the help of coding veterans and influencers, I have come up with few facts most healthcare professionals miss out. In this infographics our experts have shared 6 foundation blocks for successful ICD-10 implementation. Let me break down the facts

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We have uncovered the miserable factors that adversely affect multi-specialty hospitals’ revenue generation. It is incredibly challenging to run a healthcare organization. The odds are stacked against providers. It is evident that most of the hospitals are operating like Non-profit organization in United States. We put-forth the facts before you with statistical information.  In the post reform environment, cutting back

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It is a strange paradox. As the healthcare industry transitions towards integrated, cost-effective business models, the revenue cycle of medical practices, has become more fragmented and expensive. Payer reimbursement cuts, drastic increase in consumer payments and regulatory changes are challenging traditional, antiquated approaches to revenue cycle management. According to a survey by PwC, one in two, Americans, rate hospitals poorly,

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