Here's the recent articles submitted by mithalii parekh
Articles By mithalii parekh
How To Create An Effective Denial Management Strategy
Submitted as: Info Hub Team
Medical claims are an important aspect of your practice's revenue. When claims are refused, it can be a significant source of financial loss. Denied claims not only increase days of the revenue cycle, disrupting cash flow, but they can also cost you money if not resolved quickly. The cost of processing each refused claim further adds to the strain. Are you experiencing high denials, and looking for a sound strategy to manage these denials?(read
entire article)
View : 94 Times
Category : Health
All You Want To Know About Medical Billing Automation
Submitted as: Info Hub Team
To successfully and swiftly convert claims into cash is critical to any practice or facility's survival. The possibility of payers paying out reduces when a billing error is reported, thus it's vital to get this step right. When dealing with sophisticated, high-volume medical billing, medical billing automation is essential.(read
entire article)
View : 114 Times
Category : Health
Questions To Ask An Offshore Medical Billing Company Before Hiring
Submitted as: Info Hub Team
Healthcare practices nowadays have more than their fair share of nuisances. Non-medical requirements, including compliance and reporting, are becoming increasingly burdensome, leading them to outsource non-core tasks like billing, coding, and collections. Offshore medical billing companies have become an important element of the industry. While they won't be able to totally replace a US-based medical billing business or an in-house billing staff, they can be quite effective in boosting overall profits. So, what are the questions you should ask before hiring an offshore medical billing company to handle your practice?(read
entire article)
View : 120 Times
Category : Health
Have You Initiated Credentialing/ Re-credentialing For Your Practice?
Submitted as: Info Hub Team
The credentialing and re-credentialing processes are significant elements of your health plan quality management program. The credentialing and re-credentialing processes serve to ensure that qualified professionals in your health plan provider network are capable of meeting the needs of those seeking and receiving services.(read
entire article)
View : 117 Times
Category : Health
Offshore And Onshore Billing – Does It Make A Difference
Submitted as: Info Hub Team
Be it offshore or onshore medical billing, the important aspect to consider is the technology, expertise and security of the agency. Faced with dwindling margins and fewer reimbursements, an increasing number of medical centers are looking for methods to cut costs. As a result, many hospitals have turned to professional outsourcing businesses to handle their revenue cycle management (RCM), which includes coding. Many healthcare providers are now comparing the potential savings of using an offshore company versus the familiarity afforded by onshore billers, as medical billing companies are inclined towards offshoring their services.(read
entire article)
View : 135 Times
Category : Health
Top Offshore Medical Billing Companies In India
Submitted as: Info Hub Team
An offshore medical billing company can help boost revenue, reduce costs, and improve patient satisfaction. Offshore outsourcing is an excellent choice for healthcare practices with significant billing staff turnover or a shortage of trained personnel in their location. Outsourcing your revenue cycle management responsibilities to places outside of your country has several advantages, including lower operational and administrative costs, access to experienced employees without having to train them yourself, and increased flexibility due to time zone differences.(read
entire article)
View : 120 Times
Category : Health
Dme Billing Done Easy With Outsourcing
Submitted as: Info Hub Team
Executing medical billing services for a complex practice like DME (durable medical equipment) will be difficult for anyone to do unless they hire experienced billers and coders to help them. The process of securing payments is complicated by a number of factors, including patient validation, acquiring authorization in advance, using the necessary forms to file claims, and so on.(read
entire article)
View : 136 Times
Category : Health
5 Common Telehealth Billing Challenges
Submitted as: Info Hub Team
Since the outbreak of COVID, the usage of telehealth services has exploded as a viable means of accessing and delivering care. From expanding the types of cases, to a rapidly growing number of digital devices that cover multiple patient care needs, the telehealth business continues to extend its range of solutions. However, as telehealth services have grown in popularity, new problems have evolved in the fields of licensing reimbursement, acceptance, EMR integration, and accessibility of health and awareness.(read
entire article)
View : 126 Times
Category : Health
Importance Of Accurate Payment Posting In Medical Billing
Submitted as: Info Hub Team
Payment posting in medical billing is one of the most typical issues faced by majority of healthcare providers. Payment posting is a basic stage in medical billing, yet it is the most critical and fundamental step in medical billing services and in the revenue cycle management. It assists a practitioner in quickly identifying and correcting a potential issue, saving time and avoiding annoyance. A structured payment posting process aids in increasing collection, resolving reoccurring problems early on, improving overall practice performance and efficiency, and patient satisfaction.(read
entire article)
View : 114 Times
Category : Health
Offshore Medical Billing – All You Want To Know!
Submitted as: Info Hub Team
Medical billing involves back-end responsibilities such as creating patient bills, submitting claims, resolving billing errors or optimizing cash flow, interacting with insurance companies, which cost time, effort, and resources, diverting attention away from patient care and concern.(read
entire article)
View : 317 Times
Category : Health
