Medical Billing Blog with Medical Billing & Coding Info & Articles
Our blog contains news and articles relating to numerous healthcare sectors including revenue cycle management, medical billing, medical coding, ICD, HIPAA, practice management functions and more.
Is DME A Profitable Venture?
Is DME A Profitable Venture? Until recent years, not really. The cost of the products versus having to track claims, find re-imbursements, and keep up with claims status; made DME a very labor intensive venture. With the advent of specialized DME/HME software, secure internet connections, and standardized billing procedures; DME can now be a very profitable venture. In your practice, you will want to be sure that the product(s) you are dispensing are profitable. You need to watch the pricing of the product costs, in some instances, your product costs may be more than the carrier is willing to reimburse you for. When handling for Medicare patients, the process is …
Is It Beneficial To Outsource Your Medical Billing?
Is It Beneficial To Outsource Your Medical Billing? In a word, absolutely. There are a lot of pros to outsourcing your medical billing. Your practice will benefit from outsourcing because with the burden of medical billing handled outside your office, you and your staff will have more time to run your business. It will allow you time to develop relationships with new patients and more time for marketing your practice. Using an outside firm to handle your medical billing will result in greater accuracy meaning this will expedite your revenue for your practice. A billing service is going to have the time to check and double check claims to make …
Offering Medical Billing in New Jersey
Offering Medical Billing in New Jersey Are you a health care provider in New Jersey, looking to outsource your Medical Billing? Look no further! With our experience and expertise, we can meet all your Medical Billing needs. Because we service New Jersey health care providers, we are familiar with New Jersey state requirements for filing insurance, Medicaid and Medicare claims forms. That means you do not need to worry about costly coding, filing, or data-entry errors that can increase turn-around time on your reimbursements. Concerned about HIPAA Compliance? Don’t be. When you allow us to meet all your Medical Billing needs, you can rest assured that we are under the …
Medical Billing in California
Medical Billing in California Are you a health care provider in California? Have you discovered the benefits of outsourcing your Medical Billing? We are an experienced Medical Billing company, serving the state of California. We have the knowledge and expertise to meet all your Medical Billing needs. Because we service health care providers in the state of California, we are familiar with all of California’s requirements for filing insurance, Medicaid and Medicare claims forms. That means no more costly errors that can increase turn-around time. Outsourcing your Medical Billing frees up your staff to focus on patient care rather than insurance claim forms. Outsourcing keeps your overhead costs low, increases …
Medical Billers & Coders Needed, Nationally
Yes! Yes! Yes! There is a massive need for medical personnel, especially those qualified to not only submit claims, but also for those with the ability to code them for submission to insurance carriers.I’ve seen the statistics that show the growth in the now ‘baby boom’ population, which now and for the next ten years show a need for the biller and the coder. I’ve seen the increase in job want ads for billers and coders in all the big newspapers, as well as on the internet. And lastly, i’ve gotten the continuous phone calls from friends, industry contacts and medical facilities asking for my help in filling the biller/coder …
How to Choose A Medical Billing Service
How to Choose A Medical Billing Service:When a physician chooses a medical billing service, there are several things to consider before making a final decision. First, you have to decide what you want your medical billing service to do. Some just handle insurance claims. Others help with collecting money from patients. And some provide extensive practice management services. Medical billing services submit insurance claims one of two ways: on paper or electronically. It is important to choose a medical billing service that does electronic submissions as much as possible. This will result in quicker claim acceptance and payments from insurance companies. Physicians must also consider what medical billing services charge …
In or Out of Network: Picking a PPO Physician
When you belong to a Preferred Provider Organization (PPO), you will usually be asked to choose a physician that belongs “in-network”. What does in-network mean? It means that the insurance company has arranged with a network of physicians, hospitals and other healthcare providers to provide healthcare to its members. Usually this network of providers has agreed to provide services at rates that are much lower than normal, in return for more business from insurance companies. Insurance companies do this to keep their costs low. Choosing an in-network doctor usually costs less for the consumer. Often PPO’s agree to pay most or all of the cost of a visit to an …
Physician credentialing – What Is Involved in the Process: Part 2
Physician credentialing – what is involved in the process: Part 2 will discuss the application package and everything that you will need to know about it. After your interview was made, usually the recruiters will send the physician an application package with everything needed to apply for the job. If you are going to submit an application, you will need to make sure that you send in all of your information that of which includes: all of your personal information, both of your undergraduate and graduate degrees, your licensure as well as your certification, you will need references, malpractice history and disciplinary proceedings and last but not least, also be …
Physician credentialing – what is involved in the process: Part 1
Physician credentialing – what is involved in the process you ask? There are several steps and processes involved in physician credentialing, so hang tight. The first thing that I feel that I should mention to you, is that when you are selecting what we refer to as a “locum tenens company,” you should always, and might I repeat always, make sure that the company/firm will be dedicated to providing you with “risk management.” You need to make sure that you have risk management for the client that is recruiting the physicians, as well as the physician themselves. You must absolutely not have a brief interview, and consider everything to turn …
Exactly What Is Medical Billing, Anyway?
Medical billing and coding is how healthcare providers, big and small, get paid for services rendered. Over the past decades, medical billing has become more and more complicated. The practice of assigning this important task to a receptionist, administrator or bookkeeper has all but fallen by the wayside, with healthcare providers opting to hire specially trained personnel instead. The reason is simple. In today’s highly litigious society, it behooves medical practitioners to make sure their medical billing and coding work is accurate and correct. Only in this manner can a lawsuit or a messy claim be avoided. The physician, hospital, or HMO can then get back to their real business: …
