Archive for The Month of June, 2024
Archive for the Month of June, 2024
Welcome to the medical billing blog archive for the month of June, 2024.
Here you will find links to every article added to the Outsource Management Group web site during the month of June, 2024.
You can browse this month's archives by clicking the "More" button from any of the excerpts below.
Innovations in Healthcare Coding Technologies
Medical coding is a critical process in the healthcare industry, translating complex medical diagnoses, procedures, services, and equipment into universal alphanumeric codes. These codes are essential for billing, insurance claims, and maintaining patient records. Over the years, innovations in medical coding technologies have revolutionized the field, enhancing accuracy, efficiency, and compliance. This article explores these innovations and their impact on the healthcare industry. Introduction to Medical Coding Medical coding involves assigning standardized codes to various medical conditions and procedures. These codes, derived from systems such as the International Classification of Diseases (ICD), Current Procedural Terminology (CPT), and Healthcare Common Procedure Coding System (HCPCS), are crucial for various healthcare operations. Accurate …
Home Health and Hospice Billing: Key Considerations for Proper Reimbursement
Home health and hospice care are essential services that provide critical support to patients in the comfort of their own homes. As these services become increasingly vital due to an aging population and the preference for home-based care, understanding the intricacies of home health and hospice billing becomes imperative for healthcare providers. Proper billing is crucial for ensuring adequate reimbursement, which in turn sustains the operations of these services. This article will explore the key considerations for proper reimbursement in home health and hospice billing, focusing on regulatory compliance, documentation, coding accuracy, billing processes, and the challenges faced by providers. Regulatory Compliance Medicare and Medicaid Guidelines Medicare and Medicaid are …
We Are Hiring Another Medical Billing Specialist
We are expanding our staff and hiring again. We are seeking: 1. A medical billing specialist 2. At least 2 years of billing experience 3. Must be able work in our corporate office The position is full-time: 40 hours per week, Monday – Friday Starting Pay: $20.00+ per hour on experience. If you meet this criteria: you’re welcome to apply at the link below. —————————————————————- Apply Here: Outsource Management Group Position —————————————————————- Please Note: This is not a remote or outsourced position. We do not hire remote billing staff or outsource any of our services to other firms. Our staff is located in our corporate offices Monday through Friday in …
Completed the move into our new office
We are happy to announce the renovations are complete, and we have finally moved into our new facility in the heart of Bedford, Indiana. We have been located in Bloomington for over 20 years, but it made more sense for our offices to now be located in Bedford since most of our staff lives in, or closer to Bedford than Bloomington. Our staff is still settling into all the new offices, so we will post more pictures as we get more organized and settled.
Ensuring Compliance in Healthcare Revenue Cycle Management
Healthcare revenue cycle management (RCM) is a critical component of the healthcare industry, encompassing all administrative and clinical functions that contribute to the capture, management, and collection of patient service revenue. Ensuring compliance within the revenue cycle is paramount, given the complex regulatory environment and the potential for significant financial and legal repercussions for non-compliance. This article aims to provide healthcare administrators and doctors with a comprehensive understanding of compliance in RCM, highlighting the challenges, strategies, and best practices to maintain adherence to regulatory standards and optimize financial performance. Understanding Healthcare Revenue Cycle Management Healthcare revenue cycle management (RCM) is the financial process that healthcare facilities use to manage the …
