How Blockchain Will Affect the Medical Billing Industry
The term blockchain has steadily worked its way into the modern lexicon thanks to the growing popularity of cryptocurrencies. But managing digital money isn’t all that blockchain is capable of, and industries of every shape and size have started to work on ways to implement blockchain into their work. The medical industry is no exception, […]
How the Medical Billing Outsourcing Market Is Going to Expand
Hospitals and independent practitioners, much as they may deny it, usually run as businesses. Even if their end goals aren’t the same as other private enterprise, private practice operates in much the same way as other private sector industries. What this means, of course, is that the billing department is the lifeline for healthcare. More […]
The Growing Trend of Outsourced Medical Billing
Many medical clinics have already made the change from in-house medical billing to outsourced billing. At this point, there are no clear-cut deciding factors of which method is best. Medical billing operations rely heavily on the needs of individual clinics and physicians. Finding the right answer for your business involves analyzing needs and taking inventory […]
Shocking Number of Providers Still Use Paper Billing
A Navicure survey reveals even though more than half of patients prefer electronic medical bills, 77 percent of providers still send bills through the mail. Researchers also found while only 28 percent of providers keep a patient’s credit card on file to make paying easier, the number of patients who would be willing to use […]
What Makes the Highest-Rated Medical Practice Management Software?
There’s a lot more to running a medical practice than just treating patients. Physicians and administrators balance human resources and ever-changing regulations. They make daily decisions that involve vendor relationships and revenue streams. Technology can make many aspects of healthcare easier with claims processing software and systems that coordinate aspects of patient care. However, many […]
How to Maximize Telemedicine Billing
Telemedicine is not a passing trend. It’s the future of healthcare, with 60 percent of millennials supporting telehealth options and 71 percent desiring a mobile app from doctors as of 2015. There is no stopping the train that is telehealth – there is only acceptance and adaptation. One facet of telehealth that will need to […]
Medical Billing Software: How to Close the Loopholes in Your Medical Claims Billing
Recent findings have proven that medical bills are among the leading causes of bankruptcy. But the high costs of staying healthy aren’t just tough for your patients – they can also be a financial strain on your practice. In this post, we’re outlining the best ways to close the loopholes in your medical claims billing […]
Medical Billing Software: How Do I Spot Medical Billing Errors?
Medical claims can be difficult to understand. When a patient has a serious health condition, there may be several provider, specialists, and medical facilities involved in their care. Bills can be loaded with abbreviations and medical terms that the average patient may not be familiar with. It’s important to arm yourself with the confidence to […]
Medical Billing Software: The Number One Medical Claims Billing Problem
As a healthcare provider, it’s safe to say that you have had your fair share of medical claims billing problems. However, one problem seems to stand out above the rest. That problem being billing disputes. Billing disputes can occur for a variety of reasons. Perhaps a billing code was entered incorrectly or maybe a claim […]
Medical Billing Software: Turns Out Advance Care Planning Is Worthy – Medicare Now Covers End-of-Life Conversations.
Is Your Medical Claims Billing Software Ready? The discussion around paying doctors for helping patients with advance care, or end-of-life planning, isn’t a new one, but it finally got traction in 2015. After years of debate around the issue and countless conversations about whether reimbursing physicians for their time consulting the terminally ill is worthy, […]
