A medical claim is a piece of document or a bill that healthcare providers submit to the insurance provider of a patient. This medical claim contains comprehensive data regarding the care and services provided to the patient in the form of unique medical codes. Such a medical claim generated by medical billing professionals serves as […]
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 […]
Telemedicine and Revenue Cycle Management
Telemedicine has been a boon to people who cannot visit a physician or healthcare professional due to various reasons. It is a procedure that enables to provide healthcare for remote patients when the physician and patient cannot meet each other physically. This has been possible due to advancements in technology and many healthcare providers have […]
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 […]
Prevent Medical Billing Errors to Maintain Healthy Patient-Provider Relationship
A healthcare facility’s growth depends on the healthy patient-provider relationship that is dependent on the quality of services the facility provided to the patients. Healthcare facilities work hard in every department right from the physicians to the support staff to ensure that the patients have a positive experience with the facility and get great patient […]
Revenue Cycle Management in the Healthcare Industry
Hospitals, clinics, and small practices provide healthcare industry services that play a critical role in improving health and saving lives. Although providing healthcare is a service, healthcare providers cannot offer their services free of cost. Every healthcare organization has to develop and follow certain processes and uniform procedures to maintain their financial health and survive […]
Basics of Medical Coding -Avontix
Medical coding is a unique field in the healthcare industry and there are many companies that provide jobs in medical coding in Hyderabad. Medical coders use ICD codes to classify the various diseases or health problems. The ICD (International classification of diseases) codes used in the USA can further be classified into two: ICD-10-CM and […]