Healthcare practices nowadays have more than their fair share of nuisances. Non-medical requirements, including compliance and reporting, are becoming increasingly burdensome, leading them to outsource non-core tasks like billing, coding, and collections. Offshore medical billing companies have become an important element of the industry. While they won't be able to...
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All you want to know about Medical Billing Automation
To successfully and swiftly convert claims into cash is critical to any practice or facility's survival. The possibility of payers paying out reduces when a billing error is reported, thus it's vital to get this step right. When dealing with sophisticated, high-volume medical billing, medical billing automation is essential. The...
How to Create an Effective Denial Management Strategy
Medical claims are an important aspect of your practice's revenue. When claims are refused, it can be a significant source of financial loss. Denied claims not only increase days of the revenue cycle, disrupting cash flow, but they can also cost you money if not resolved quickly. The cost of processing...
Medical Claim Denials and Rejections in Medical Billing
Filing healthcare claims is a complicated and an ever-changing process, as innovation and regulatory requirements can sometimes seem daunting. Mastering claims processing is an on-going skill, but understanding the basics is the first step to accomplishing this world. Knowing the distinction between rejected and denied claims is one of the keys!...
7 Reasons to Hire an Offshore Medical Billing Company
Medical billing entails back-end responsibilities such as addressing medical billing errors and increasing cash flow, which cost time, effort, and resources, diverting attention away from patient care and concern. What if you were told that with half the effort, time, and resources, you could accomplish both and excel at them?...