Medical Billing: An In-Depth Look at Its Purpose, Process and Impact From ensuring financial stability and transparency to acting as a link between providers, insurers, and patients, medical billing forms the cornerstone for quality care in the healthcare industry. Yet, as Becker’s medical review found, approximately 80% of US medical bills contain inaccuracies. This not…
Practice Management Vs. Medical Billing Software – What is Right for You? As every healthcare practice has its own needs and goals, so is its requirement. Some want efficiency to improve; some want to streamline their claims processing to be hassle-free. At the same time, others might be more interested in notifying their patients of…
Are You Getting Cardiology Billing Denials? 9 Tips to Prevent Leaking Revenue Billing denials adversely affect the operational and financial efficiency of a healthcare practice resulting in higher administrative charges. According to a recent Healthcare Information and Management Systems Society (HIMSS) report, 76.1% of healthcare leaders say that denial is the biggest challenge. By the…