Medical billing is a complicated and essential sector of today's healthcare system. Submitting and following up on requests with health insurance firms to get paid for services provided by the healthcare practitioner is a time-consuming process. In addition, the medical biller in the healthcare facility is responsible for ensuring that the...
Pricing Models Offered by Medical Billing Companies
For every business model, pricing is a crucial factor when it drops down to making profitable revenue. And in the healthcare industry, for every medical billing company, the primary question that pops from their customer is, "what is your pricing model?" Every medical billing company is judged on a broad range of evaluation factors....
Upcoding in Medical Billing: Never Try This!
Upcoding is a fraudulent way of medical billing that should not be practiced in the greed of more money. It is the process of claiming more dollars from the insurance payers by submitting a bill for more expensive health services than what is rendered to the patients originally. Though it...
Importance & Impact of Eligibility Verification
There is a lot of confusion in the current healthcare space regarding health insurance- not only among the other hospitals and healthcare providers but also among the patients. In fact, many of your patients are not well aware of the mechanism of the insurance process as it comes with numerous...
3 Common Billing Mistakes Physicians Generally Neglect
Are you sure about the accuracy of your radiology claims submitted by the in-house medical billing team? Medical offices often work in a fast-paced healthcare environment where common, even simple, radiology billing mistakes can and do occur. Unfortunately, even the minutest errors can lead to denials of the claims submitted,...