Here's the recent articles submitted by hannah parker
Articles By hannah parker
Pricing Models Offered By Medical Billing Companies
By: hannah parker
For every business model, pricing is a crucial factor when it drops down to making profitable revenue. And in the healthcare industry, for every medical billing company, the primary question that pops from their customer is, “what is your pricing model?”(read
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View : 153 Times
Category : Health
7 Common Myths On Outsourcing Medical Billing Services To India
By: hannah parker
Medical billing is a complicated and essential sector of today's healthcare system. Submitting and following up on requests with health insurance firms to get paid for services provided by the healthcare practitioner is a time-consuming process. In addition, the medical biller in the healthcare facility is responsible for ensuring that the practices receive reimbursement for the services performed. As a result, having knowledgeable billers who can maximize revenue for the business is critical.(read
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View : 186 Times
Category : Health
How Practices Make Profits By Partnering With Offshore Medical Billing Companies ?
By: hannah parker
Cost and complexity – Clients tell us they hire a third-party offshore organization for their billing operations for these two reasons. This approach has become very common in the healthcare industry, where billing might involve several locations, vendors, services, insurance companies, and staff. Having another organization handle the billing process can help you save time and money.(read
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View : 143 Times
Category : Health
Most Common Reports You Should Ask From A Medical Billing Company
By: hannah parker
Medical billing reports might assist you in figuring out how well your medical organization/institution is doing. Some essential medical billing reports will help you understand how your medical practice functions based on various revenue cycle measures and determine whether claims are paid on time and how insurance carriers reimburse your practice for crucial procedures. The following are some of the most critical reports to consider while analysing your practice's performance.(read
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View : 138 Times
Category : Health
Why Partner With Medical Billing Companies In India?
By: hannah parker
Outsourcing financial services to India is an old concept in the US business market. As per recent reports, India has more than 44% of the outsourcing businesses from across the world. The stats also suggest that this dependency has grown in the last few decades. 80% of various companies in the US and Europe trust India as their chosen destination for outsourcing core business processes.(read
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View : 174 Times
Category : Health
Understanding The Complexity Of Dme Billing
By: hannah parker
Understanding The Complexity Of DME Billing
Durable Medical Equipment (DME) billing is one of the booming and extensive industries in today's date. The industry is constantly evolving due to changes in compliance regulations and requirements. It can be a task if the providers don't have an in-depth understanding, which may result in a larger number of rejected claims, lower reimbursement, and hence lower revenue.(read
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View : 170 Times
Category : Health
Why Outsourcing Medical Billing Services Can Be A Good Decision?
By: hannah parker
Medical billing and coding offer a strategic advantage for professionals working in the healthcare field. But it can also be a challenge with the constant change in systems and regulations. It is an exhaustive process including coding, medical illustration, adjustment of claims, and medical transcription.(read
entire article)
View : 147 Times
Category : Health
Can Offshore Medical Billing Work For Solo Providers And Small Practices?
By: hannah parker
As a medical practice, if you have multiple processes and would like to get a few processes to be outsourced to a medical billing company on contractual basis, you get them accomplished at a cheaper cost with high quality but have the operations still under your control.(read
entire article)
View : 143 Times
Category : Health
Impact Of Credentialing On Your Practice?
By: hannah parker
Medical credentialing has a vital role in influencing your medical billing process. It is the primary reason for building patients' trust in your procedure with the communication you maintain between your patient and the insurer. Therefore, Credentialing is considered a high priority and must be performed before hiring a healthcare provider or during the hiring procedure to ensure that all the data is up-to-date with your provider.(read
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View : 167 Times
Category : Health
A Look At Orthopaedic Billing Services
By: hannah parker
The increasing complexity in Orthopaedic billing services has made Orthopaedic practices and individual practitioners to think to consider outsourcing. Before we get into benefits of outsourcing, it is important to know challenges in Orthopaedic billing services. Orthopaedic billing completely relies on proper documentation of pre, post and during patients' visit to practice. Since the number of services provided by Orthopaedic care is highly different from other diagnostic methods, it requires intensive focus on billing documentation.(read
entire article)
View : 184 Times
Category : Health