Managing and maintaining Accounts Receivable is not always uncomplicated, but it is one of the most important and necessary aspects of medical billing. Accounts Receivable (A/R), which fundamentally is referring to charges still awaiting payment for services rendered. It is essential that everyone on the medical billing team understand what A/R means for the practice. […]
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Medical billing services are imperative, and if you are like most physicians who run a medical practice, you understand how important medical billing services are to your business. Patient care is the priority of every hospital, medical or dental practice, but could be comprised if you are doing your medical billing in house. Medical
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Outsourcing your medical billing is essential if leveraging your technology is getting more difficult to handle. When it comes to implementing a cloud based medical billing solution for your hospital, orthopedic group, physical therapy center or medical practice, RevPro Healthcare Solutions has the administrative support to manage your health care facility more efficiently. If your
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If medical billing is causing undue stress, it’s time to call RevPro Health Care. RevPro are the medical billing experts and can help you get back to what you do best, providing medical care. Below are some reasons that you should consider RevPro Health Care for your medical billing issues. Profit Margins A medical billing
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Effective Jan 1, 2017, there are a number of changes for pain management billing. The AMA has added and deleted a number of billing codes. Following are the pain management coding changes for 2017: New Epidural Codes – Cervical or Thoracic The following are new injection codes for diagnostic or therapeutic substances, not including neurolytic
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Following are examples of HIPAA violations that took place in 2017. Each one is a nightmare that healthcare organizations should hope to avoid. The average drop in revenue at a healthcare provider after a data breach is almost $4 million, and that kind of breach is overwhelming. In April of 2017, Augusta University Medical Center
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Thinking about how to reduce administrative costs, ensure an uninterrupted cash flow, increase your bottom line, and most importantly, allow you to focus on your patients? Then hiring a skilled medical billing service can be just the answer for your healthcare practice. But first, you have to choose the right company to work with. Following
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Measuring Patient Satisfaction Can be Difficult. A very important aspect of any medical practice is patient satisfaction, and a recent increase in emphasis on quality of care and value-based payment models has brought more attention to the subject. But measuring patient satisfaction can be difficult. There are three main parts of measuring patient satisfaction: the
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The definition of a medical billing denial is, “the refusal of an insurance company or carrier to honor a request by an individual (or his or her provider) to pay for healthcare services obtained from a healthcare professional.” In medical practices, medical billing denial rates range from 5-10%. For some medical providers, one out of
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