Posts

Showing posts from July, 2021

How to find the correct Pergola for your Hom

Image
  Several factors influence the decision of choosing a pergola for your home. Depending on the background of your house and the backyard space around, the type and built of pergola may change. If you are looking to build a pergola to beautify your backyard, you should look into certain factors deeply and then select the right pergola for your home. The way you design your pergola should give you a defined room, without actually being enclosed. These are the questions that you should ask yourself before choosing the pergola of your choice. What is the main purpose of you choosing the pergola for? For what purpose you will be using your pergola for, is something you should think and then decide. Is it for a shade to a fernery or shade along with a private space to spend time in, conduct parties or so on. So your first aspect of decision should be the use of pergola and the place where you would like to position it. Based on these two factors, try to establish how much shade, a...

Importance & Impact of Eligibility Verification

Image
There is a lot of confusion in the current healthcare space regarding health insurance- not only among the other hospitals and healthcare providers but also among the patients. In fact, many of your patients are not well aware of the mechanism of the insurance process as it comes with numerous cost-sharing options. They may not even be familiar with the difference between co-pay, premium, coinsurance, deductible, and out-of-the-pocket maximum. All of which work together intending to provide health coverage. Additionally, many patients are often confused about why their insurance plans follow higher coinsurance, though they opted for a low-cost premium plan. Having negotiated lower payment rates, they feel cheated when they have to pay up the bills for availing of an out-of-network service. They get puzzled with the belief that they are denied health coverage, little realizing their mistake of not covering the deductibles. Research proves that most of the claims are delayed or den...

How to Choose an Offshore Medical Billing Company?

Image
  Besides providing medical treatment, there are several other regular tasks that the healthcare providers are supposed to execute, such as billing and coding processes. Outsourcing such tasks to a reputed medical billing company in India can save much time to focus on the patients and their treatment. Undoubtedly, an offshore medical billing company spares healthcare professionals from handling large chunks of patient data for billing purposes. But finding a capable company is a big challenge for such healthcare providers. With several medical billing companies worldwide, how can you choose the right one for undertaking your billing project? There can be several queries that fog the mind. To help you make the best choice for your hospital, certain factors need to be considered before hiring a medical billing company in India. Best Ways to Choose a Top Medical Billing Company in India 1.      Check if the Company have Past Experience & Strong Reputa...

3 Common Billing Mistakes Radiologist (Physicians) Generally Neglect

Image
Are you sure about the accuracy of your radiology claims submitted by the in-house medical billing team? Medical offices often work in a fast-paced healthcare environment where common, even simple, radiology billing mistakes can and do occur. Unfortunately, even the minutest errors can lead to denials of the claims submitted, thereby delaying medical payments. Depending on various statistic sources, NBC News report states that medical claims observed around 7% to 75% of error rate in the medical billing and coding. Regardless of the error rate, the AMA says that “medical coding errors fall under the broad categories of abuse and fraud.” Apart from adding cost to your medical practices, these mistakes or errors can also hamper your relationship with the patients. Therefore, reduce your error rates and unnecessary costs, along with keeping your patients happy by avoiding the common  radiology medical billing   and coding errors. Coding Issues Using an outdated code...

8 Benefits of Outsourcing Medical Billing Services to India

Image
  8 Benefits of Outsourcing Medical Billing Services to India   Healthcare service providers must manage medical billing and coding effectively in order to succeed in today’s complex and constantly developing healthcare market. Medical billing outsourcing is becoming increasingly popular among healthcare centers, hospitals, family practices, clinics, and physicians to help them increase their efficiency. Most healthcare providers in the US are aware of the advantages of outsourcing Medical Billing Services to India and have begun utilizing it as a tool for acquiring broad business benefits and business efficiency. Many companies have discovered that outsourcing helps them not only reduce costs but also boost their bottom line. Medical firms and practitioners may lack the necessary human resources to handle billing, which makes it a challenging and demanding job. Besides saving time and money, medical billing has a lot of other advantages. In this article, we have listed...

Top 5 EMR/EHR Software used in Medical Billing Industry

Image
  The Electronic Medical Record (EMR) and the Electronic Health Record (EHR) are two medical software that are designed to deal with the various back-office tasks of a medical facility. The software is used for tracking the patient appointments and billing details, taking down care notes and records of the patient health, and other information at one place. This software is considered as core requirement for those hospitals and clinics that have multiple branches across the country. Usually, this software provides efficient documentation of medical history and billing along with data extraction and workflow standardization to meet the compliance and regulatory requirements. Electronic Health Record (EHR) vs. Electronic Medical Record (EMR) Interestingly, both the terms EMR and EHR can be used interchangeably. While the EMR software is used for referring to the various digital records for internal use, the EHR software is used for managing those digital records. These digita...