Professional Billing vs Institutional Billing
Both institutions and professionals can file claims on behalf of patients. That being said, what do professional vs. institutional claims really mean?And How come it's important to know the difference between professional and institutional claims?We will talk about both of
8 Top Medical Billing Audit Companies in the USA
Medmax Technologies has a history of delivering exceptional client results. Their medical billing audit services expertise has helped numerous healthcare providers optimize their revenue cycles and achieve financial stability.In 2023 alone, healthcare fraud and improper payments in the US amounted
Uses Of A Practice Management Software
If you’re a medical practice owner, you’re probably used to frequently hearing the term practice management software (PMS). Sometimes you would even be advised to start using PMS through a medical billing company. This creates the question, what is practice management software used
Why You Should Conduct Medical Billing Audit
Medical billing audit is a planned process that evaluates whole medical billing and clinical documentation for reliability and efficiency. In medical billing audit, all healthcare data is analyzed and medical data provided to insurance is also evaluated. This helps in
The Digital Revolution In The Healthcare Industry
Digital technology has revolutionized many industries including education, defense, and manufacturing, only to name a few. The healthcare industry is no exception. However, the healthcare industry had been slow in accepting technology but now it's changing its direction. This had
IMPACTS OF COVID-19 ON HEALTHCARE BEHAVIOR
The covid-19 outbreak had a great impact on human behavior and it was noticed in healthcare. The outbreak of the virus was associated with several that impacted human behavior and influenced reactions to certain conditions which humans conduct. In healthcare,
Integrate Your EHR With The RCM System
Electronic health records (EHR) are now the standard for independent physician offices, even though they are not adopted by all private practices. Over the past 18 years, adoption has increased; in 2017, 86% of office-based doctors reported using an EHR.EHRs
The Right Medical Billing Metrics For Your Practice
Medical billing companies now involves more than just debits and credits. You may monitor your billing, productivity, and practice performance with the use of performance analytics offered by today's advanced medical billing software. It enables you to track Key Performance
5 Latest Changes In Medical Billing Industry 2022
As the pandemic dawned upon the world a few years ago, it caused disruption in nearly every sphere of our lives. Whether it's an education system, industrial jobs or IT companies, all were affected badly by its implications. The healthcare
Medical Billing For Behavior Health Experts
When compared to other disciplines, behavioral health practice managers have unique and complex challenges. Due to the nature of the patient population served and how these patients receive insurance coverage, it's typically a lot more complicated affair.According to a report:
