Outsource your medical billing or keep the procedure in-house? This is the dilemma facing doctors and healthcare providers everywhere. The correct solution varies from practice to practice based on many different variables including: business age, size of the local labor market, and the state of the practice finances. Other than practicing medicine, billing and revenue […]
Author: Robert Gabriel
Important Billing Coding Updates
Coding updates, Chronic obstructive pulmonary disease (COPD), also known as chronic obstructive lung disease (COLD) and chronic obstructive airway disease (COAD), among others, is a type of obstructive lung disease characterized by chronically poor airflow. It typically worsens over time. The main symptoms include shortness of breath, cough, and sputum production. Most people with chronic […]
Avoiding Medical Billing Denial Best Practice
Avoiding Medical Billing Denial Best Practice Medical billing denial is the refusal of an insurance company (payer) or carrier to honor a request by his or her provider to cover the cost of healthcare services. It is actually no secret that the relationship between health care providers and insurance company is complex. A lot of Medicare providers [...]
Collecting patient payments
Collecting patient payments is not always the most fun part of the job. But, with more than 23 percent of total revenue in health practices coming from patient collections, according to the Medical Group Management Association (MGMA), few can deny that managing patient payments correctly is a significant priority for practices and medical billing services. […]
4 Ways for Healthcare Providers to Relieve Stress
In times that we are most vulnerable, we find ourselves completely dependent upon you. From being a nurse present aiding in the delivering of their first child to providing assistance in caring for their baby as a social worker, you are on the frontlines fighting for our lives as a health care provider. Health care […]
MACRA 101
The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) perpetually removes sustainable growth rate (SGR). MACRA also eliminates SGR’s annual threat of physician payment cuts. The American Medical Association provides physicians with vital tools to be successful through this long-term transition period. Two options of physician payment currently exist. They are the Alternative Payment […]