by Outsource Receivables, Inc. | Sep 16, 2024 | Medical Billing & Coding
Coding is one of the most critical aspects of the medical billing process. It involves translating the medical services provided by healthcare professionals into standardized codes that are universally recognized by insurance companies and other payers. The accuracy... Read Full Post →
by Outsource Receivables | Dec 28, 2022 | Medical Billing & Coding
The American Medical Association (AMA) released updates to the Current Procedural Terminology (CPT) code set for 2023. The main goal of the updates is to simplify the codes and guidelines for evaluation and management (E/M) services to give healthcare providers more... Read Full Post →
by Outsource Receivables, Inc. | Sep 7, 2022 | Medical Billing & Coding
CMS announced it will discontinue the use of certificates of medical necessity and durable medical equipment information forms after January 1, 2023. The change comes after CMS received feedback that CMNs and DIFs for selected DME were repetitive information already... Read Full Post →
by Outsource Receivables, Inc. | Aug 9, 2022 | Medical Billing & Coding
The AMA (American Medical Association) announced new CPT codes to reflect the current monkeypox situation. According to the World Health Organization (WHO), the US currently leads as the most affected country, but the European region leads with the majority of... Read Full Post →
by Outsource Receivables, Inc. | May 3, 2022 | Medical Billing & Coding
A successful medical billing team requires the capacity and process for following up on claims. According to the Center for Medicare and Medicaid Services, around 30% of claims are denied, never received, or ignored. Failing to follow up on denied claims results in... Read Full Post →
by Outsource Receivables, Inc. | Jan 12, 2022 | Medical Billing & Coding
The No Surprises Act has officially been instated, which means providers should be adjusting their billing process as needed for out of network billing. The Act seeks to reduce the amount of surprise bills patients are sent when they receive care from out of network... Read Full Post →
