by hayden | Electronic Health Record, Medical Billing, Medical Data Processing
In the early 1960s, hospitals implemented the first Electronic Health Record systems, and the world of healthcare changed forever. Designed to take the place of paper-based data consolidation, EHRs quickly became a mainstay for hospitals and practices everywhere,...
by hayden | CMS, Healthcare, Long-Term Post-Acute Care, Medical Billing, Medicare
Nothing hurts worse than a hit on your wallet. Back in September, Kaiser Health News (KHN) issued a statement on newly released federal medicare audits that revealed universal overcharges and other errors in payment to Medicare Advantage Health. These overcharges are...
by hayden | Long-Term Post-Acute Care, Medical Billing
Time is money. It’s an adage as old as time, and, in some cases, it can be literal. Usually, physicians in the US have received most of their reimbursement through outpatient visits using a fee-for-service model. This model, which has been in use for decades...
by hayden | Long-Term Post-Acute Care, Medical Billing, Revenue Cycle Management
Selecting the right revenue cycle management (RCM) system for your practice is no easy task. With variables such as cost and experience, it can be tricky to find the best one for your specific practice. This makes picking the right RCM system a daunting challenge for...
by hayden | Fee Schedule, Medical Billing, Payor Enrollment
Whether your practice is just starting out or growing rapidly, having an effective payor enrollment process is pivotal to avoiding extensive financial losses. This process, also known as “provider enrollment,” consists of completing and filing the...
by hayden | Medical Billing, Medical Data Processing, Revenue Cycle Management
Millions of dollars in revenue are lost each year within the world of healthcare due to simple administrative errors, resulting in crippling losses for practices worldwide. These losses make it difficult for healthcare providers to keep up with the growing demands of...