by Outsource Receivables | Mar 27, 2014 | Financial Services, Independent Health Practices
The House of Representatives passed a one-year extension for ICD-10 diagnostic and procedural code implementation. This will move on to the senate along with a one-year fix for Medicare’s sustainable growth-rate formula, which impacts physician payments and has...
by Outsource Receivables | Mar 15, 2014 | Cash Flow, Independent Health Practices
As part of ICD-10 Readiness the Centers for Medicare & Medicaid Services (CMS) announced it will provide “end-to-end” ICD-10 testing. This will be available to a limited number of providers. This came about after receiving pressure from industry groups...
by Outsource Receivables | Mar 2, 2014 | Independent Health Practices
As part of your clinic’s ICD-10 Readiness are you signed up to test Medicare claims through your local Medicare Administrative Contractors (MACs)? While this is not a full test that will identify all of the issues you may encounter, it is an important systems...
by Outsource Receivables | Jan 29, 2014 | Independent Health Practices
While there are costs for outsourcing, there are also costs for doing what you are doing and just hoping things are ok. Outsourcing your medical billing may incur fees that you think are more than keeping it in-house; but you need to know what the benefits are first,...
by Outsource Receivables | Jan 27, 2014 | Independent Health Practices, Medical Billing Technology
“When our client first opened their medical clinic the selection of the back office technology and billing system was their first mistake. On top of this, the system was not setup correctly. The workflow was made up of lots of photo copies and papers moving about....
by Outsource Receivables | Dec 18, 2013 | Aged Receivables, Cash Flow, Good A/R, Independent Health Practices, Medical Billing
With the changing reality of more and more high deductible health care, having a great process that starts on that first call for an appointment and ends with payment in full is no longer optional for mid-size medical practices. Unfortunately, one critical difference...
