Understanding the cardiology CPT codes descriptor is nothing short of navigating a maze. We know the struggle because, at MediBillMD, we deal with the cardiology billing requirements of healthcare providers across all fifty states of the US. Regardless of the complexities, our partnered cardiologists experience fewer denials, higher collection rates, and reduced A/R days, ultimately […]
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Did you know that other than the traditional modifiers, there are separate therapy modifiers that help specify the complexity and extent of the rendered care procedure? If this is something new to you, or if you have trouble understanding how to use therapy modifiers accurately, this guide is for you! In this guide, we will
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How efficiently do you address your EMR challenges? Over 90% of US hospitals have switched to electronic medical records (EMRs). While this shift from paper-based systems has brought numerous advantages, such as improved operational efficiency and reduced human errors, it has also introduced new challenges. Did you know that most of them are related to
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Did you know the place of service (POS) also impacts your reimbursement amount? To standardize healthcare transactions, insurance companies require POS codes with electronic healthcare claims. In fact, it is a law under HIPAA. So, what happens if you use the wrong POS code? You receive a CO 5 denial code! Although this is a
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Are you a therapist struggling to navigate a time-based service code and following through the 8-minute rule? Don’t worry because the billing specialists working at MediBillMD have comprehensively penned this detailed guide for you! This guide explores what the Medicare 8-minute rule entails and how it works. We will explain the rule’s application via some
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Medical code selection requires keen attention as it must accurately and precisely define the rendered procedure for fair reimbursements. If the available codes fail to describe a specific procedure completely, then there are various modifiers to assist coders. But, overusing modifiers can also backfire and may lead to audits. All these intricacies keep healthcare providers
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What do you know about the charge capture process in medical billing? Your healthcare practice can lose a lot of money due to unbilled procedures. From routine office visits to complex services, insurance companies require a record of everything. Charge capture is just that! It protects your revenue and minimizes your losses. With the rising
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Artificial intelligence (AI) is experiencing rapid growth in almost all major industries, and healthcare is no different. AI algorithms are already assisting healthcare providers on the clinical side in analyzing medical images, suggesting treatment plans, and accelerating drug discovery. This comprehensive blog will explore the wonders of AI on the operational and financial side. We
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A study published by The Lancet Neurology journal and cited by the World Health Organization (WHO) found that 1 in 3 people in the world (over 3 billion people!) are living with a neurological condition that increases their risk of disability, illness, and premature death. In the United States, stroke, dementia, migraine, and Alzheimer’s disease
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Do you find it difficult to bill E/M services? Many physicians face the same problem. The main reason? Evaluation & Management (E/M) services are primarily cognitive, meaning they involve intangible processes, such as diagnosing patients and making medical decisions. Insurance companies require comprehensive documentation to evaluate the level of each E/M service you have provided.
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