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Showing posts from October, 2021

Tips for Improving Your Hospital’s Wound Care Billing and Coding

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  It’s a different ball game together to create a  wound care billing and coding  strategy that can give you enormous profits. For hospitals, it is a full-time job with a duty to look through the various aspects of the HAPU prevention for the in-house patients, compliance, outpatient wound center management, education, formulary assessment, and medical billing and coding. It is not like the buzzwords that are used by the experts to make you sign a contract and then find out what the best things about your facility are. Great  wound care billing services  are more about finding the correct partnership. It is more about being passionate about healing the wounds and churning out the profits at the end of the month. Here are some handy tips for you to implement at your hospital’s wound care billing and coding: Make it self-sustaining Your hospital or wound clinic should focus on healing the wounds of your patients in the outpatient department and also enhance the re...

Reports You Should Ask Your Medical Billing Company

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 A ssuring that your practice is operating efficiently requires investigating many things. One of the elements of your program that needs to be working smoothly is your billing method.  Info Hub’s   Medical billing records are an important way to discover this. They can give you necessary information about claims, payments, and various other features of your practice. Though there is a broad array of reports you should count on for your preparation, some should prioritize others. Following are some of the essential medical billing reports that your practice should check regularly. The Accounts Receivable Aging Summary This report is arguably the most critical for your practice. It exhibits which claims the insurance firms have not paid. One of the most immeasurable parts of an Accounts Receivable Aging Report is that it bestows you which claims have still to be paid and how long they have been unpaid. On average, it necessitates one month for a claim to be paid, and the A...

Top Modifiers Used In DME Billing

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  Durable Medical Equipment billing  is a highly complicated billing process as it involves several inclusions. Missing out even a minute detail can lead to rejection or denial of the claims. Modifiers play a crucial role in such billings apart from the HCPCS codes as per the DME supplies. Modifiers provide the details and the description of the DME items and decide on the claims processed on DME. Along with the HCPCS codes, the  DME medical billing   also uses the ICD-10 diagnosis code. These codes determine the medical condition for which the DME item was prescribed in the first place. Modifiers- A Look All  HCPCS  codes do not require a modifier, but most of them come along with one. A modifier mentions whether the DME item is new or used, or rented on a capped mode. In case the DME is on capped rental, only the modifiers can show the difference in which month the DME billing is being done. Therefore, the incorrect mention of these modifiers can lead to ...