A healthcare facility’s health depends on its revenues from reimbursements and out-of-pocket payments from the patients. While payments from patients can be collected with a little ease with a few processes in place, reimbursements from insurance payers are not that easy and they become even more difficult in cases where the claims are denied. A […]
Some ICD-10-CM Clinical Coding Challenges to Look Out for in 2020
Medical coding is a critical process in the healthcare field that uses medical code sets that keep changing periodically. Those in the medical coding jobs need to update themselves with all the changes that happen from time to time and ensure that they don’t even miss a single detail. This is an absolute necessity in […]
Implementing EHRs is Beneficial to the Facilities
A medical chart is a key component in the maintenance of systematic documentation of a patient’s medical history, diagnosis, treatment and care provided. It includes all the significant clinical data and medical history comprising of a patient’s demographics, vital signs, diagnoses, medications, treatment, various health issues, allergies, immunization dates, radiology images, laboratory reports, progress notes, […]
Challenges in Healthcare Documentation
Healthcare documentation (medical transcription) is one of the most critical processes in the healthcare industry that provides the basis for physician follow-up, decision making of the physicians and the processes of medical coding and medical billing. The medical coding process assigns different codes to the services provided and procedures performed taking the transcription reports as […]
A Walk-through the Revenue Cycle Management In Healthcare Facilities
Revenue cycle management (RCM) is the management of finances, a crucial process that keeps an organization going on a daily basis. If facilities do not focus on their financials they would be scrambling no matter how excellent their patient care would be. In order to have an efficient revenue cycle, it is necessary to understand […]
How to Pass the Coding Credentials?
Medical coding is a specialized field and requires skills that need to be attained with training. Although some medical coding companies offer training and hire those who successfully complete the training, there are companies that hire only people with appropriate credentials from AAPC. But, one of the things observed in many candidates who wish to […]
What Does a Healthcare Documentation Specialist Do?
A healthcare documentation specialist or a medical transcriptionist is a crucial resource for a healthcare facility for, the important task of documenting a patient’s visit is performed by a transcriptionist. A medical transcriptionist listens to the voice recording of a physician and transcribes it into a report in a prescribed format. A transcriptionist may even […]