The healthcare industry is an ever-evolving industry where constant work is carried out to identify ways to treat various diseases while new diseases are being identified and new technologies and new medicines are being produced to counter these diseases. Healthcare-allied services such as healthcare documentation, medical coding and billing play a critical role in providing […]
RCM Challenges Faced by Specialty Healthcare Providers
A robust and efficient revenue cycle management (RCM) plays a significant part in ensuring that healthcare organizations are on a profitable path. The RCM process largely defines the healthcare facility’s ability to collect timely revenues and utilize them to provide high-quality care to build trust among patients and enhance the brand value of the facility. […]
How to Improve Coding Quality for a Better Revenue Cycle?
The revenue cycle is a crucial aspect of a hospital or clinic functioning which includes the entire lifecycle of patient accounts from the time of the first appointment to the final payment receipt. From the year 2020, we have seen several changes in the healthcare sector in terms of diagnosing and treating coronavirus patients. It […]
Remote Patient Monitoring – What You Need to Understand?
Healthcare documentation or medical transcription is a critical healthcare service that eases the work of physicians and other healthcare workers and at the same time, helps in accumulating data that can be utilized for studying the most pressing concerns of the healthcare industry and identifying solutions to address those concerns. Medical transcriptionists work and prepare […]
Rational Ways to Get Faster Insurance Payments
Your healthcare facility’s financial health depends largely on the medical billing process that collects the money due to you. You can regularly assess your financial performance by checking the accounts receivable reports focusing on the number of claims over 120 days. To check if your revenue cycle management process is performing effectively, you need to […]
Medical Coding for the COVID Vaccine
The demand for health services is increasing tremendously owing to the rise of various new health concerns, especially the coronavirus pandemic. With the growing demand for health services, the demand for quality medical coding specialists who can assign the right codes to various conditions and procedures also increases. It is extremely crucial that you employ […]
The Benefits of Electronic Health Records
Computers and information technology have become an integral part of the modern medical system and these have made delivering effective healthcare easier for the healthcare practices thereby increasing the number of beneficiary patients. Electronic health records (EHRs) are also a part of this information technology spectrum in the healthcare industry and have facilitated effective storage […]
Healthcare Documentation and Its Role in the Pandemic
At this time when the world is suffering to deal with the COVID-19 virus, there are millions of coronavirus disease patients who are visiting various healthcare facilities. The pandemic has not just impacted the public in general, but the healthcare industry as well with a significant impact on physician practices. This is the time when […]
Understanding Few Medical Billing Terms
Health insurance, a product covering a person’s medical expenses, has become a necessity with mounting medical expenses that are too high to pay out of pocket. It has been observed that medical bills have become a major cause of consumer debt and associated financial problems for many people. Depending on an individual’s needs, one can […]
EHRs Play a Crucial Role in Fighting Coronavirus
Electronic health records (EHRs) that are the digital version of paper charts of healthcare providers play a critical role in maintaining the health records of patients. The EHRs provide real-time and patient-centric records that are easily accessible by the authorized people who include physicians, healthcare staff, and the patients. Since electronic health records have comprehensive […]