Collecting payments from patients who have taken the services of a hospital or a healthcare facility is a very tough job that creates bottlenecks in the revenue cycle management of the facility. To avoid any kind of dues from patients and have a smooth functioning of the facility requires some best practices in the revenue […]
Best Practices that Bring Profits to ASCs -Avontix
For a healthcare practice’s success in maintaining a good financial health, one thing plays a crucial role and that is having the best coding and billing practices. This is no different for the Ambulatory Surgery Centers (ASCs). Practicing enhanced billing and coding processes help ASCs to improve patient loyalty and thus increase their profits. One […]
Repute of Indian Companies in Healthcare Documentation -Avontix
One thing that has led to improvement in the quality of patient care and enhanced the use of technology in the healthcare industry is medical transcription or healthcare documentation. There are a number of medical transcription companies in Hyderabad that have contributed to the growth of repute of Indian companies in healthcare documentation field. These […]
Role of NCDs and LCDs in Medical Coding and RCM -Avontix
There are two important aspects of Medicare coverage that play a pivotal role in medical coding and revenue cycle management: National Coverage Determinations (NCDs) and Local Coverage Determinations (LCDs). Both the NCDs and LCDs are released by the Centers for Medicare and Medicaid Services (CMS) with the purpose of standardizing Medicare coverage for some specific […]
How EHRs help in the Reduction of Operational Costs? -Avontix
Electronic health records is the word that is being used most often these days for the provision of quality healthcare to patients and all kinds of healthcare facilities are vigilant about the role it plays in generating timely revenues for the facility. Electronic health records save both time and money of a doctor because they […]
Coding Wound Care to Get Full Reimbursement -Avontix
Medical coding is one interesting profession that takes you through all kinds of diseases and health ailments. If you are in medical coding jobs you get to code various health issues of patients ranging from regular illnesses to life-threatening diseases. One among those many health issues that have to be coded is wound management. Wound […]
Some Interesting Facts Regarding Payment Collections -Avontix
Optimizing the revenue cycle management for hospital facilities has become necessary with the increase in the number of high-deductible health plans. Here given are few healthcare market trends that will signify the need for revenue cycle management for better health of healthcare providers. According to survey results, the out-of-pocket costs for patients have increased by […]
Deal Positively with Negative People -Avontix
Hi friends…How is the New Year? Have you started it on a positive note? We all want to be positive in our lives, bring positivity to the environment we are in. But, all things do not occur according to our wishes and there will be certain negative moments, there will be certain people who are […]
Get to Know Quality Payment Program -Avontix
For a healthy medical practice, it is necessary that there is a proper revenue cycle management system in place. An important aspect of the revenue cycle management is receiving payments for the services provided by the healthcare facilities. Programs like Medicare and Medicaid help the healthcare providers in receiving payments without any delays and help […]
Are you trained enough for medical coding jobs? -Avontix
It is very natural that employers ask for experienced candidates for their companies and when they are scouting for candidates they ask questions related to the experience levels of the candidate. If you are one of those experienced candidates searching for medical coding jobs, more chances are there that they ask if you have experience […]