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!
Consumerism and Your Medical Office
As deductibles and co-pays continue to rise, patients are looking for quality healthcare at the most affordable price and care that is convenient. In the past, questions like, “How much will this procedure cost?” rarely were asked. These questions now lead the conversation.
Efficiency in Medical Billing – Our Top Tips
As an outsource medical billing provider for more than two decades, we’ve learned efficiency within your office, from the front desk to the billing office, is the key to success. Whether you outsource your medical billing or do it in house, these proven tips will help keep your 90+ days A/R in check.
Save Time & Money with CareCloud
Is your medical billing stuck in a legacy program that is slowing down your processes? Is your clinic unable to customize your practice management system for specific needs? Or, is the PM you’re using overly complex for the size of your clinic?
CareCloud may be just the practice management system you’ve been searching for. A cloud-based, HIPAA compliant practice management and EHR software system, CareCloud is a scalable system that can be customized for use by clinics of all sizes.
MACRA? MIPS? QPP? APM? – Breaking Down What It All Means
The medical world is full of acronyms that all make perfect sense to those in the business. The world of medical billing is constantly being introduced to a whole new set of important and changing phrases that affect a physician’s ability to participate in Medicare reimbursements.
Some of these terms have been in use for a couple of years and other are new. We break it all down below. We hope you find information that will help your office gain the best benefit possible regarding Medicare reimbursements.
Efficiency and Your Front Desk
We all know the first impression is a lasting one. Your clinic’s first impression starts at your front desk. From the first phone call to the office, your front desk is sending a message about how well your clinic will take care of all the important details. An efficient and friendly front desk is part of your patient’s overall experience with your clinic. This important role also directly affects how timely you get paid for services. The front desk sets in motion all the details the billing department will need to submit claims for insurance payments.
Need a New Practice Management System? CareCloud 2019 Review
As a leader in cloud-based practice management systems, CareCloud gives you the opportunity to spend less time worrying about patient paperwork and denied claims so you can focus more on providing your patients with the best care possible. It showcases many features and benefits found in other systems on the market, but the unique selling point of CareCloud is its ability to scale with the size of your practice. The customizable platform can fit the need of a small practice through a large-scale enterprise.
Video 0169: How Much Experience Do the Experts Have?
The highly seasoned experts at Outsource Receivables have a minimum of 5 years of experience in their area of expertise with many possessing over 18 years of experience. Working with our team means your clinic will have the specialized help it needs in all areas of medical billing. Due to our extensive knowledge base, you can be assured your clinic will be up and running in no time.
Certification Makes a Difference
Helping people is the number one reason for doing what you do as a medical provider. However, a close second is getting paid for your services. Getting paid timely and accurately is an essential element of having a successful practice and that success starts with your coding professional.
Due to ongoing changes in CPT codes and the complexities of medicine, inaccurate coding remains one of the main causes of lost revenue for a medical practice. This truth highlights why hiring the right coding professionals, with certifications to fit your practice, is so important.
Video 0168: How Long Does It Take for ORI to Implement Outsourced Medical Billing
We are often asked how long does it take to implement ORI as our full service medical billing agent. Typically, it takes 30 days from the time of the signed contract to be up and running. If a clinic is starting on a completely new system, it may take up to 90 days. During the implementation of the new system, ORI works with the clinic to ensure everything goes smoothly. Our full-service model is an excellent value for our clients.
Central Procedural Terminology – 2019 Changes
One change of note affects Remote Patient Monitoring (RPM). This change has been in the works since January of 2018 when it was determined that CPT 99091 did not adequately describe how RPM services are being delivered in today’s world. Released in January, there are now three codes that better reflect technology driven patient monitoring.
Start Optimizing Your Revenue Cycle Today
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