It is essential to find ways to reduce expenses and increase revenues if you want to manage your medical practice in absolute financial health. With business expenditure that is escalating at a rapid pace, it becomes vital that you have efficient medical coding and medical billing processes in place that generate accurate and timely revenues […]
A Flourishing Career – US Healthcare RCM
Revenue cycle management (RCM) is a critical process in the US healthcare system that helps every healthcare provider to be paid for the services it provided. It encompasses the activities of a healthcare setup right from patient registration to payment reconciliation. Every healthcare facility needs an efficient RCM process to maintain its financial viability and […]
Is Collecting for Medical Services Rendered More Challenging Now?
Revenue cycle management is a complex process that seems to have become even more complex these days due to the challenging pandemic situation. In short, the revenue cycle management process consists of collecting patient information, treating them appropriately, submitting claims to insurance companies for getting timely reimbursements and collecting the remaining dues from patients, if […]
Medical Coding Is Not a Vanishing Career
Technological advancements have impacted a lot of industries and jobs tremendously and with the appropriate use of technology, various jobs become easier to perform. However, it is often seen that, over a period of time, the reliance on technology increases and responsibilities of a job are taken care of by technology, creating a situation, where […]
Things You Need to Know About Clinics and Their Management
Clinics are healthcare facilities that mainly focus on the care of outpatients and typically address the healthcare needs of the people in local areas. Clinics can be run by either general physicians or specialists in a particular field of medical science. Clinics have gained popularity among patients with minor ailments and where they need certain […]
Coding Compliance and Strategies to Improve Reimbursements
Compliance, i.e. acting according to established guidelines and specifications, with respect to the prevailing standards and regulations is vital for every business. So it is, for a healthcare facility in various aspects including medical coding and billing processes. Healthcare facilities must adhere to the various regulations designed to avoid and minimize the scope for fraud […]
Why You Should Choose a Medical Coding Career?
A career in the health information technology industry can be a rewarding one for an individual who wishes to work in the healthcare industry but cannot directly work as a healthcare provider such as a physician, nurse, etc. If you are interested to work in the healthcare industry, you may choose medical coding as your […]
Social Determinants of Health and Medical Coding
If you are in the healthcare industry, especially medical coding you must know about social determinants of health (SDOH) which are the conditions in the environment that affect people’s health, life quality and risk of illnesses. The data for social determinants of health refers to the conditions in which people live, learn, play and work. […]
What Is HIPAA and Its Privacy Rule?
If you are a person in the healthcare-allied services, you must be aware of HIPAA and its privacy rule. Health Insurance Portability and Accountability Act (HIPAA) is legislation that provides security provisions and data privacy norms to keep patients’ information safe. As a medical coding professional, you must have knowledge of HIPAA in general and […]
Prospects for Medical Coding in 2021 and Beyond
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 […]