Undoubtedly, medical billing is an intricate process that can either make or break a practice. Several steps require attention to detail for accurate billing and timely reimbursements. Even then, there are instances where practices struggle with high denial rates and unsteady cash flow. Therefore, we will introduce you to the top 10 medical billing companies […]
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Are you missing reimbursement opportunities due to coding mistakes? You might not realize it, but an improper coding process can damage a practice’s revenue stream and affect its daily operations. While podiatry is a less stressful specialty compared to others, it has high denial rates due to complex coding requirements. Coverage restrictions, frequent use of
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Are you familiar with the latest gastroenterology CPT codes? If your work hasn’t allowed you to keep up with the changing code sets, this blog is the perfect opportunity to discover the most common CPT codes for gastroenterology procedures in 2024. Long and unpredictable hours with intense work demands can be exhausting, especially in a
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How often do you receive prompt payments for your services without any rejections? Payers deny most medical claims due to billing errors, such as incomplete or missing patient information, mismatched coding, lack of pre-authorization, and missed deadlines. The problem is so severe that according to Premier’s voluntary national survey of 2023, insurance companies, on average,
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Texas, the largest state in the contiguous USA, has a robust healthcare industry. According to Definitive Healthcare, Texas has the most number of hospitals in any US state (757) and around 25,659 physician group practices. From inpatient hospitalizations to outpatient services, these healthcare organizations carry the prestige of human lives on their shoulders. To accomplish
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Did you know that practices with in-house billing teams face more problems than those who outsource their billing process? While the healthcare industry in Florida is constantly evolving, the billing challenges are also becoming more complex. It seems almost impossible to satisfy every payer these days. The average denial rate for in-network claims in Florida
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Nursing homes are becoming more popular with the aging population. In 2020, the U.S. Centers for Disease Control and Prevention (CDC) reported that around 1.3 million people were enrolled in over 15,000 certified nursing homes. Now, there are over 25,000 nursing homes in the US. These centers provide skilled nursing, rehabilitation, and other services to
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Just as you are the first line of defense for your patients, accurate CPT coding guarantees frontline protection against medical claim denials. CPT coding for primary care services is not an easy feat. Primary care practitioners or providers render a variety of services to diagnose, treat, and manage a multitude of health issues. They realize
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Healthcare is becoming more accessible with over 6,300 Medicare-certified ambulatory surgery centers (ASCs) around the USA. In 2023, the market size for US-based ASCs was valued at 36.51 billion, and it is projected to reach 57.32 billion by 2031. With such tremendous growth on the horizon, it is imperative that you understand the implications of
Ambulatory Surgery Center (ASC) Coding Guidelines 2024 Read More »
Accurate coding is essential for accurate billing, which in turn translates to quick reimbursements. But the good thing is that you don’t necessarily have to be a coding expert to reduce your claim denials. All you need is a solid understanding of the basic codes for anesthesia. Maintained and updated by the American Medical Association
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