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.

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Certification Makes a Difference

Certified Medical BillingHelping 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.

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Local Medical Billing Company Tour in Minneapolis

 Local Medical Billing Company Tour in MinneapolisDo you find that your office is spending significant time each day tracking down payments for the services that you provide? If so, we feel your pain! At Outsource Receivables, we’ve been providing our medical billing services to practices across the country for decades. We understand the complexity behind medical billing and how important an iron-clad process is to ensure payments are processed and handled efficiently and correctly. Too often medical offices are so caught up in the tasks required to merely meet the needs of their patients that they let important items like medical billing fall by the wayside.

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Efficient Medical Billing Services

Efficient Medical Billing ServicesHave you considered outsourcing medical billing for your clinic or practice to a third party? There are numerous advantages to selecting a medical billing service that is staffed with highly experienced professionals who can handle all of your billing and coding needs. Outsource Receivables, Inc. (ORI) is that company. Our process is highly efficient and could save you time and money. Partnering with local medical billing experts is better than working with an offshore vendor where customer support and privacy concerns can be overwhelming. ORI provides customizable services that can manage whatever you need. Services range from a small portion of your clinic’s revenue stream or up to the entire billing process given a boost of efficiency.

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