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Tag: Medical Billing


Failure to implement an accurate medical coding and billing system proves detrimental to the administration of any health care facility. On the other hand, affordable medical claims management, when implemented, provides enhanced collectible revenue of the practice. Consequences of Inaccuracy Read more…


Failure to implement an accurate medical coding and billing system proves detrimental to the administration of any health care facility. On the other hand, affordable medical claims management, when implemented, provides enhanced collectible revenue of the practice. Consequences of Inaccuracy Read more…


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…


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…


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…


The changes brought about by the Health Care Reform Act, though not directly addressing reimbursement issues, make it tough for smaller clinics to achieve profit. The normal way to increase revenue is taking on more patients. There are other strategies Read more…


The Revenue Cycle There have been reforms initiated from industry and government with respect to processes in the health care profession. Patients are made to face increased medical costs due to these. This in turn indirectly impacts the revenue of Read more…


A great number of services are being provided to patients by various hospitals, doctors, and other health care facilities. Receiving different types of treatment and care as part of such services, patients owe certain amount of money to these physicians Read more…


Health care industry has regularly been undergoing changes and experiencing innovations. On the one hand, newer technologies and devices take health care quality to unprecedented levels. On the other hand, certain burdensome policies and regulations lead to shrinking of profit Read more…


The crucial details that are essential for getting insurance claims are processed and entered in the charge entry – making it a vital element in the billing cycle. The accuracy of medical billing charge entry influences the reimbursement amount paid Read more…

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