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There is a general tendency among practice administrators to focus more on coding and documentation while considering payment posting as something secondary. Having received the payment means having completed the hard part for them. But payment posting is one of Read more…
Medical practices across the globe are facing a common problem – claims denial. Transition to ICD-10 and constant changes in regulations and standards are causing increased claims denials that prove to be a hindrance to several health care facilities. Need Read more…
Ensuring confidentiality of patient information, HIPAA gains importance in the modern health care environment. The Health Insurance Portability and Accountability Act of 1996 (HIPAA) has established identifiable policies regarding utilization and exposure of health details of individual patients. Fundamental Points Read more…
Payment posting in practice management system requires accuracy, as inaccurate posting may lead to severe financial impacts for the health care facility. Although the potential consequences of inaccurate payment posting are obvious, there are possibilities of errors occurring. Simple typos Read more…
The Health Insurance Portability and Accountability Act of 1996 (HIPAA) enforces several factors related to the health insurance. One of the major requirements of this Act connected with medical transcription is confidentiality of patient health data. Basic Factors in HIPAA Read more…
Although several practice administrators consider medical coding and documentation as priority and payment posting as less important, accurate payment posting is critical in the revenue cycle management of a health care facility and its overall profitability. Payment Posting and its Read more…
Medical coding and billing process being complex takes a long time to finalize. Not just complicated cases, need for coordination of internal practice work flow with external factors such as claim processing vendors and clearing houses necessitate continuous review for Read more…
It is essential to educate coding staff in small to mid-sized medical practices in order to avoid financial downfall. There are several ways of reducing coding and billing mistakes. Using detailed documentation and investing in coding staff education are the Read more…
Dealing with prior authorization is an essential part of medical billing process. Preauthorization or prior authorization, as it is also known as, is the process through which insurance payer’s agreement is obtained for covering particular health care services before providing Read more…
An innovative concept that aims at assisting physicians with the Electronic Medical Record (EMR) documentation and other related tasks, Virtual Medical Scribes manage physicians’ patient data in their EMR in real-time. Operating from HIPAA compliant and secure environment, they provide Read more…
Certified to ISO/IEC 27001:2013 and adjudged as one of the ten most promising medical billing service providers, Rapid Care has traversed a long path since its inception nearly two decades ago. Leaving a mark and leading the pack in all the markets that we have entered, we have pride in having achieved a niche by satisfying our clients spread across the globe.
