Expert Medical Billing & Revenue Cycle Management Tips
Stay informed with the latest insights in medical billing, revenue cycle management, and healthcare financial strategies. Our expert-driven blog covers industry updates, best practices, and practical solutions to help your practice optimize billing, reduce denials, and maximize revenue. Explore our articles and take control of your financial success today!
Preparing Your School for Telehealth
In the middle of a global health crisis, the task of medical billing for your clinic can become a heavy burden. Policies are constantly changing due to how this pandemic has affected healthcare, clinics are trying to adapt by going digital, and bills still need to get paid through it all. If your billing was struggling before or has taken a turn for the worse after these events, then it might be time to consider outsourcing for a peace of mind.
What Questions to Ask When Looking for Outsourced Medical Billing
In the middle of a global health crisis, the task of medical billing for your clinic can become a heavy burden. Policies are constantly changing due to how this pandemic has affected healthcare, clinics are trying to adapt by going digital, and bills still need to get paid through it all. If your billing was struggling before or has taken a turn for the worse after these events, then it might be time to consider outsourcing for a peace of mind.
Ambulance Billing Challenges During COVID-19 Pandemic
As state mandates for staying at home are beginning to be lifted and more businesses are getting back to the office, volume levels for local ambulance services are likely to grow. While COVID-19 is circulating in our communities, the continued risks to EMS workers remain but services must continue. Moreover, medical billing for these services must continue to receive payment in the evolving environment.
An Overview of MedBizCloud
A benefit to working with Outsource Receivables Inc. on streamlining your medical billing includes help with the clinic’s overall workflow. We offer MidBizCloud, a suite of RCM tools that leverages technology to improve your current system and workflow practices. Tools included in MedBizCloud:
Our Top FAQs at ORI
As the healthcare and medical billing industry continues to evolve, many practices have started to explore options for outsourcing their billing to achieve a better revenue cycle and workflow. We’re proud to provide services throughout the country with offices in Minneapolis, Chicago and Boston. ORI offers medical practices a more efficient and accurate way to complete their billing. Here are some frequently asked topics that we discuss with potential clients:
SimpleNote: Tracking for School-Based Medical Billing
When IEP providers, such as special education teachers, are tracking for medical billing, they want their notes to be consistent and accurate. Setting that standard right away makes sure the district gets reimbursed on time, so they won’t be losing money based on an inefficient system.
New students who will be utilizing IEP services need to have their eligibility approved. Additionally, all the processes should follow the necessary laws and regulations of the state. Some important ones to note are the IDEA (Individuals with Disabilities Education Act, which outlines how state and public agencies provide special education and related services to youth with disabilities; the FERPA (Family Education Rights and Privacy Act), which outlines policies on all educational agencies that receive funding under their programs; and the HIPAA (Health Information and Portability and Accountability Act of 1996), which outlines how health care providers disclose information about students to school health care providers for treatment.
COVID-19 and ORI’s Medical Billing Services
Outsource Receivables Inc is committed to continuing our medical billing services throughout the COVID-19 pandemic. Our technology is fully cloud-based allowing great flexibility for our services and staffing. Moreover, outsourcing your medical billing office allows clinics a great degree of flexibility when projecting inconsistent business and staffing during this unprecedented time. And as always, ORI only gets paid on revenue generated.
Medicare for Telehealth Under COVID-19 Pandemic
Dramatic policy changes have infused regulatory flexibilities for the COVID-19 Pandemic. Granted under the President’s emergency declaration, the Centers for Medicare & Medicaid Services (CMS) has broadened access to Medicare telehealth services so that beneficiaries can receive a wider range of services from their doctors without having to travel to a healthcare facility. The following summary is from the CMS announcement: https://www.cms.gov/newsroom/fact-sheets/medicare-telemedicine-health-care-provider-fact-sheet
The Complexities of Ambulance Billing
As with all medical billing, changes in the industry and medical regulations can disrupt the process, which can cause delays in payments. This can be especially evident in ambulance billing. Coding and billing is completed based on the Patient Care Report filled out by ambulance staff and the run sheets used for other records. Due to this fact, records should always be accurate and organized—disorganized tracking could cause the revenue cycle to stall or even halt. Plus, all compliance and ambulance rules and regulations from CMS need to be monitored regularly to incorporate necessary reforms and updates to the billing system.
Standing Out in a Competitive Landscape
Now more than ever, clinics need to focus on patient service and consumerism. Administrators know that deductibles are high after the start of the new year, patients are especially concerned with costs and the effectiveness of service. New and current patients alike will be asking questions about the price of your services, how insurance applies, and any copays they might have to pay upfront. Staff need to be proactive in addressing these questions.
Start Optimizing Your Revenue Cycle Today
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