Medical billing software is a vital component of healthcare administration. It automates the billing process, reduces errors, ensures compliance with regulatory standards, and facilitates quicker reimbursement from insurance companies and patients. The right software can save your practice time and money, allowing your staff to focus more on patient care. Key Considerations … [Read more...] about How to pick the right medical billing software
Billing
Avoid common medical billing mistakes to maintain revenue and ensure compliance
Medical billing is a critical component of a healthcare practice’s revenue cycle. However, it's an area rife with potential errors that can lead to delayed payments, denied claims, and lost revenue. As a medical office manager, ensuring accuracy in billing processes is paramount. Here’s a guide to common medical billing mistakes and strategies to avoid them. Common Medical … [Read more...] about Avoid common medical billing mistakes to maintain revenue and ensure compliance
Best practices for managing medical billing and coding
Managing medical billing and coding can be quite the juggling act, but getting it right is crucial for the financial health of your practice and ensuring everything runs smoothly. Here are some best practices to help you streamline your billing and coding processes, complete with examples to show how it all works. First off, hire and train the right staff. … [Read more...] about Best practices for managing medical billing and coding
Maximizing Revenue: 8 Tips for Efficient Claims Management
As a medical office manager, one of your biggest responsibilities is ensuring a smooth and efficient claims management process. Delays, errors, and denials can slow down reimbursements and impact your practice’s revenue. Here are some key strategies to maximize revenue and streamline your claims process. 1. Verify Patient Information … [Read more...] about Maximizing Revenue: 8 Tips for Efficient Claims Management
CPT update for COVID-19 boosters adapted to omicron
The American Medical Association has announced an update to Current Procedural Terminology (CPT)®, that includes eight new codes for the bivalent COVID-19 vaccine booster doses from Moderna and Pfizer-BioNTech. The updated boosters are adapted for the BA.4 and BA.5 Omicron subvariants and the original coronavirus strain in a single dose. Four of the eight CPT codes (91312, … [Read more...] about CPT update for COVID-19 boosters adapted to omicron
The ABCs of Provider Compliance: A necessity in today’s healthcare climate
The word "compliance" constitutes one of the most under-estimated forces of change in healthcare today. Kathleen Hessler, RN, JD, CHC, CHPC, Director of Compliance & Risk, Simione Healthcare Consultants, says, "It may be a buzz word in many organizations, but compliance typically means different things to the board of directors or executive team than it does to the managers … [Read more...] about The ABCs of Provider Compliance: A necessity in today’s healthcare climate
5 ways for healthcare providers to get ready for new Medicare cards
By Dr. Richard E. Wild, M.D., FACEP Chief Medical Officer Centers for Medicare and Medicaid Region IV (AL, Fl, GA, KY, MS, NC, SC, TN) Medicare is taking steps to remove Social Security numbers from Medicare cards. Through this initiative the Centers for Medicare & Medicaid Services (CMS) will prevent fraud, fight identity theft, and protect essential program funding and … [Read more...] about 5 ways for healthcare providers to get ready for new Medicare cards