by Outsource Receivables | Feb 1, 2017 | Clearing House
The first quarter is typically the largest ‘self-pay’ quarter of the entire year because most patient deductibles are re-setting. In reality however, more and more of a medical clinic’s total billing is going under the self-pay column. Insurance is...
by Outsource Receivables | Apr 15, 2015 | Cash Flow, EHR, Financial Services, Good A/R, Independent Health Practices, Medical Billing, Practice Managment Software
Another ICD-10 “testing week” is coming soon on June 1-5, 2015. Providers will be able to test their processes for ICD-10 with Medicare Administrative Contractors (MACs). Information on how to participate is available on your MAC website or through your...
by Outsource Receivables | Nov 7, 2014 | EHR, Medical Billing
While mandates have been in place since 2009, the adoption of Work Comp EDI has been slow to materialize. A November symposium in St. Paul, Minnesota was focused on gathering ideas and momentum for the move from paper to Electronic Data Interchange (EDI) in the...
by Outsource Receivables | Jun 12, 2014 | Cash Flow, Financial Services
Electronic Fund Transfers are a seemingly basic function in today’s world, however some insurance payers are still not offering this efficiency. EFT payments for medical billing are delivered to you faster, more accurately, and more consistently than manual...
by Outsource Receivables | Mar 10, 2014 | Cash Flow
The Centers for Medicare & Medicaid Services (CMS) has provided its Medicare contractors with information for the implementation of the revised 1500 Claim Form. As of January 6th, 2014 Payers began using the new 1500 claim form (version 02/12). Medicare will...
