Here's the recent articles submitted by mithalii parekh
Articles By mithalii parekh
Importance Of A/r Follow-up And Denial Management
Submitted as: Infohub Services Team
Accounts Receivables that are way overdue should be followed up on promptly, along with effective denial management that contributes to the health of a healthcare providers financial strength. The primary purpose of accounts receivable management in healthcare is to increase cash flow in a practice by shortening the collection duration and lowering the associated costs. Is your practice looking for ways to get paid for pending claims, or reopen rejected claims? A dedicated A/R follow-up team can help you with the same.(read
entire article)
View : 205 Times
Category : Health
All You Want To Know About Orthopaedic Billing
Submitted as: Infohub Services Team
Orthopaedic billing requires sufficient documentation pertaining to a patient's visit. All services performed must be meticulously documented and charged for by the billing staff. Errors such as incorrectly entering patient details or failing to check the patient's eligibility before submitting a claim might result in a claim being rejected. In addition to permission problems, revenue collection might be hampered by a lack of knowledge of insurer preferences and deadlines. With so many complexities in orthopaedic medical billing, it's critical for orthopaedic clinics to be adept with these codes for an error-free billing process.(read
entire article)
View : 172 Times
Category : Health
Why Outsource Medical Billing Services To India?
Submitted as: Info Hub Team
Are you facing revenue losses, increased denials or are you not getting reimbursed on time? Outsourcing your medical billing might seem like a viable option. Many billing firms in the United States are well-informed and aware of the advantages of outsourcing medical billing services to India, and they have begun to use it as a tool to gain broader economic advantages. Outsourcing has not only been a cost-cutting saviour for many businesses, but it has also helped them improve their bottom lines.(read
entire article)
View : 172 Times
Category : Health
Key Challenges In Dental Billing
Submitted as: Info Hub Team
Dental businesses encounter a variety of billing and coding issues in today's healthcare system. CDT codes are prone to frequent changes that can be difficult to decipher. Billing for dental operations and getting insurance claims accepted can be time-consuming. Dental medical billing or submitting dental operations to a patient's medical plan can be even more difficult. Outsourced dental billing services can help practises overcome these obstacles, but they must be aware of the common billing and coding issues that might hurt their bottom line. Unpaid medical bills account for 52% of collection services, according to the US Consumer Financial Protection Bureau. About 43 million people owe money on their medical bills, illustrating the difficulty that a practise has in collecting the amount.(read
entire article)
View : 405 Times
Category : Health
Understanding Current Trends In Chiropractic Billing
Submitted as: Info Hub Team
A few factors all successful chiropractic coding and billing procedures have in common include smart practice management, healthy accounts receivables, well-trained employees, and the capacity to appropriately code and document diagnosis.(read
entire article)
View : 155 Times
Category : General
3 Best Practices To Recover Revenue In Account Receivables
Submitted as: Info Hub Team
Setting up a strong account receivables (AR) management strategy is important for a successful practice. Is the number of denials and write-offs escalating out of control? It's possible that your accounts receivable plan has to be re-evaluated. An efficient healthcare AR strategy can result in speedier payments and improved financial performance, but where do you begin with such a complicated procedure as AR?(read
entire article)
View : 156 Times
Category : Health
Offshore Medical Billing Company & Benefits Of Working With Them
Submitted as: Info Hub Team
Inside most healthcare facilities, there is never a dull moment. Everyone is always busy, most employees wear multiple hats, and all hands are needed to complete critical tasks.
Aside from dealing with patients, staff also interacts with their families, verifies insurance eligibility/deductibles, and reviews and/or documents medical records. To ensure the healthy financial health of their practice, healthcare facility staff is also responsible for performing medical billing services, handling audits, reviewing fee schedules, and providing oversight for coding and charge reviews.
Medical billing requires complete focus and expertise to be done correctly, which is why countless healthcare leaders choose to outsource their revenue cycle to specialists at an offshore medical billing company.(read
entire article)
View : 211 Times
Category : Health
Importance Of Auditing Medical Billing Services
Submitted as: Info Hub Team
A billing audit is a procedure for determining whether the information in a provider's health record, as well as appropriate and referenced medical policies, papers, or support services indicated on a provider's charge, are accurate. Providers undertake such audits either internally or by contracting with an external audit company. (These audits are frequently referred to as revenue recovery audits and can be conducted retrospectively or concurrently.) In addition, third-party payers also undertake billing audits through their personnel or agents. (Chart audit or charge review are other terms for the same thing.)(read
entire article)
View : 145 Times
Category : Health
7 Reasons To Hire An Offshore Medical Billing Company
Submitted as: Info Hub Team
Medical billing entails back-end responsibilities such as addressing medical billing errors and increasing cash flow, which cost time, effort, and resources, diverting attention away from patient care and concern.(read
entire article)
View : 161 Times
Category : Health
Medical Claim Denials And Rejections In Medical Billing
Submitted as: Info Hub Team
Filing healthcare claims is a complicated and an ever-changing process, as innovation and regulatory requirements can sometimes seem daunting. Mastering claims processing is an on-going skill, but understanding the basics is the first step to accomplishing this world. Knowing the distinction between rejected and denied claims is one of the keys! One of the most significant roadblocks to healthcare reimbursement is insurance claim denials and rejections. In the billing sector, the phrases “claim rejection” and “claim denial” are frequently interchanged.(read
entire article)
View : 147 Times
Category : Health
