While the United States made a major shift to ICD-10 in 2015, the global healthcare community has already moved on. The World Health Organization (WHO) endorsed the International Classification of Diseases, 11th Revision (ICD-11) in 2019, and it took effect globally in 2022. For U.S. medical practices, this marks a new, inevitable transition that will …
The Coming Transition: ICD-10 vs. ICD-11 for U.S. Medical Practices Read More »
The financial health of any healthcare practice hinges on a well-managed revenue cycle. This isn’t just about sending out bills; it’s a comprehensive process that begins long before a patient even sees a doctor and ends only when the final payment is collected and accounted for. A complete and efficient revenue cycle management (RCM) system …
Understanding the Complete Revenue Cycle: From Patient Registration to Payment Posting Read More »
In the dynamic and ever-evolving landscape of modern healthcare, small private practices and clinics face a unique set of challenges. While the primary focus remains on delivering high-quality patient care, the administrative and financial complexities of running a practice can quickly become overwhelming. At the core of these financial operations is Revenue Cycle Management (RCM), …
Why Outsourcing RCM Services Makes Sense for Small Practices Read More »
For decades, the world of medical billing has been defined by manual processes, complex rules, and the ever-present risk of human error. The result? A staggering administrative burden, costly claim denials, and a slow, inefficient Revenue Cycle Management (RCM) process. Practices have spent countless hours on data entry, claim follow-up, and deciphering cryptic payer rules. But the landscape …
The Future of Medical Billing: How AI & Automation are Revolutionizing RCM Read More »
As a healthcare provider, your primary mission is to deliver exceptional patient care. But to sustain that mission, your practice must maintain strong financial health. Many practice leaders see medical billing as a purely administrative task a necessary chore. However, this view overlooks a much larger, more critical process: Revenue Cycle Management (RCM). Effective RCM is …
How Strategic Revenue Cycle Management Boosts Your Practice’s Profitability Read More »
In the complex world of healthcare, providing excellent patient care is your top priority. But to keep your practice thriving, you need a healthy financial backbone. This is where revenue cycle management (RCM) comes in, and at its core is accurate medical billing. Even small medical billing errors can lead to a cascade of problems: delayed payments, frustrating claim denials, …
Top 10 Medical Billing Mistakes and How to Avoid Them Read More »
Make patient payments a breeze, not a burden! We’ll highlight the importance of a seamless patient payment experience. Discover the benefits of implementing a user-friendly patient portal for online payments, appointment scheduling, and communication. Watch patient satisfaction and cash flow soar!
The healthcare landscape is shifting towards value-based care. We’ll equip you to adapt and thrive in this new paradigm. Learn how to adjust your billing models to focus on outcomes and quality metrics. Case studies of successful transitions will inspire you to embrace the value-based care future.
Don’t let MACRA and MIPS turn into medical mysteries! We’ll demystify the scoring systems, reporting requirements, and potential penalties associated with these programs. Practical guidance, score calculators, and reporting templates will set you on the path to program mastery.
Your billing data holds a treasure trove of insights waiting to be unlocked. We’ll show you how to harness its power, identifying coding errors, optimizing claim submission timing, and even predicting denials. Data-driven decisions will become your secret weapon for financial success.
