An Explanation of Benefits (EOB) plays a crucial role in helping patients understand the costs and coverage associated with their healthcare services. An EOB is a document that provides a detailed breakdown of a medical claim, outlining the services rendered, the amount billed, the insurance coverage, and the patient’s financial responsibility. Let’s delve deeper into […]
Articles posted by Alex J. Lau
Medical Billing vs. Revenue Cycle Management: What’s the Difference?

If you’ve ever asked whether medical billing and revenue cycle management (RCM) are the same thing, you’re not alone. The two terms get used interchangeably all the time, even inside healthcare organizations that should know better. They’re related, but they’re not identical, and the difference matters if you’re trying to figure out where your practice […]
Billing vs RCM, Claim Denials, Coding Compliance, Healthcare Billing, Prior Authorization, RCMNew vs. Established Patient Billing: The 3-Year Rule Explained

Getting a patient’s status wrong on the front end doesn’t just risk a denial, it can quietly underpay every claim for a visit that should have coded higher. The distinction between new and established comes down to a specific three-part test, not a front-desk gut check, and the gaps between the two show up constantly […]
Billing Challenges, Outsourced Billing, Revenue Cycle Management, Revenue Cycle Optimization, Verifying InsuranceHCC Coding for Medical Practices: What V28 Changed and How to Document for It

A patient with type 2 diabetes and stage 4 chronic kidney disease can look healthy to a Medicare Advantage plan on January 1. All it takes is a year of visits where the kidney disease was managed but never made it into an assessment and plan. Hierarchical Condition Category (HCC) coding is how those diagnoses […]
Chronic Care Management, HCC, HCC Coding, Hierarchical Condition Category, Population Health Management, Value Based CareHow to Choose the Correct CPT Code

As a medical biller or coder, choosing the correct Current Procedural Terminology (CPT) code is crucial for accurate reimbursement. However, with thousands of codes available, it can be overwhelming to find the right one for your services. We offer a free step-by-step guide on how to choose the correct CPT code for your medical billing […]
Billing, Correct CPT Code, CPT Billing Codes, CPT-10, ModifiersThe Future of Medical Billing

As medical technology continues to evolve, so does the way we manage and pay for healthcare. One area in particular that has seen significant changes in recent years is medical billing. Medical billing is the process of submitting and following up on claims with health insurance companies in order to receive payment for medical services […]
Artificial Intelligence, HIPAA Compliant, Medical Billing AI, Telehealth, TelemedicineWhich CPT Codes are Used in DME Billing?

Durable Medical Equipment (DME) refers to medical equipment and supplies that are intended for long-term use by individuals with medical conditions or disabilities. Some common types of DME include wheelchairs, walkers, crutches, canes, hospital beds, patient lifts, oxygen equipment, nebulizers, and continuous positive airway pressure (CPAP) machines. Other examples of DME products include enteral feeding […]
DME, DME Billing Service, DME CPT Codes, Medical BillingThe Benefits and Challenges of Adopting Value-Based Care

Value-based care (VBC) is a healthcare delivery model that aims to achieve better health outcomes and cost-effectiveness by focusing on the value of care provided to patients. This model shifts the focus from the traditional fee-for-service approach, where healthcare providers are paid based on the number of services they provide, to a system where providers […]
Data Analytics, Patient Outcomes, Value-Based Care Models, Value-Based Pricing, VBCWhat to Know Before Starting Your Own Medical Billing Company?

Medical billing is the process of submitting and following up on claims with health insurance companies in order to receive payment for services provided by healthcare providers. With the increasing complexity of medical billing and coding procedures, there has been a surge in demand for medical billing companies. Many entrepreneurs are now considering starting their […]
Medical, Medical Billing, Medical Billing Service, Outsource Billing, Outsource Medical billing, Outsourced Billing, Outsourced Medical Billing, RCM, Revenue Cycle ManagementWhich CPT Codes are Used in Toxicology Lab Billing?

Toxicology testing is the analysis of biological samples, such as urine or blood, to detect the presence of drugs or other substances. The results of these tests can be critical in determining a patient’s treatment plan, medication management, or drug rehabilitation program. Toxicology labs play a crucial role in the diagnosis and treatment of various […]
CPT Codes, Toxicology Billing, Toxicology CPT Codes, Toxicology Laboratory BillingWhich CPT Codes are Used in Genetic Testing Billing?

Genetic testing has become an essential tool in medicine, providing valuable insights into a patient’s health and disease risk. As genetic testing becomes more prevalent, medical professionals must navigate the complex world of billing and coding for these tests. Correct coding ensures that the provider is reimbursed for the services provided, and it also provides […]
Genetic Testing Billing, Genetic Testing CPT Codes, Microarray CPT Codes, Molecular Pathology CPT Codes, Next-generation Sequencing CPT CodesWhich CPT Codes are Used in COVID-19 Billing?

The COVID-19 pandemic has impacted the world significantly, causing widespread illness, death, and economic disruption. The virus, also known as SARS-CoV-2, primarily spreads through respiratory droplets when an infected person talks, coughs, or sneezes. COVID-19 symptoms range from mild to severe and may include fever, cough, fatigue, body aches, loss of taste or smell, and […]
Coronavirus, COVID-19 billing, COVID-19 CPT Codes, CPT Codes, SARS-CoV-2Which CPT Codes are Used in Behavioral Health Billing?

In behavioral health, medical billing is a crucial aspect of providing services to patients. The billing ensures that healthcare providers receive proper payment for the services they provide, and it helps patients understand the costs associated with their care. As the healthcare industry continues to evolve, it is important for behavioral health providers to understand […]
Behavioral Health Billing, Behavioral Health CPT Codes, Medical BillingMaximizing Reimbursement: 10 Tips for Successful Medical Billing

Medical billing is a critical aspect of the healthcare industry, as it ensures that healthcare providers are paid for the services they provide to patients. However, medical billing can be a intricate process, and many healthcare providers struggle to maximize reimbursement for their services. To maximize reimbursement, healthcare providers should focus on accurate medical coding, […]
Billing Tips, Reimbursement, Revenue Cycle Management10 Challenges in Medical Credentialing

At present, medical credentialing is one of the most critical components of healthcare administration. However, it is an endeavor that comes with its own set of challenges. From streamlining the entire process to ensure credentialing committees have adequate resources, there are a lot of challenges that need to be addressed to ensure that things run […]
Credentialing ChallengesThe Importance of Credentialing and Contracting

Credentialing and contracting are essential components of healthcare operations. Credentialing is the process of verifying the qualifications and professional background of healthcare providers, while contracting involves establishing agreements between healthcare providers and payers to ensure payment for services rendered. These processes are crucial for ensuring that healthcare providers deliver high-quality services and receive fair compensation […]
Contracting Checklist, Contracting Use Case, Credentialing and Contracting, Credentialing Checklist, Credentialing Use CaseEDISS Connect: All You Need to Know

What is EDISS Connect? EDISS Connect is a powerful web-based application that allows healthcare providers to manage their claims data more effectively. With its user-friendly interface and advanced features, the EDISS platform streamlines the claims submission process, tracks payment status, and provides powerful reporting tools to help providers analyze their financial transactions. If you’re a […]
EDI, EDISS Connect, Outsourced Billing, Revenue Cycle Management, Revenue Cycle OptimizationOutsourced Medical Billing: Elevating Healthcare with Enhanced Understanding

Medical billing plays a crucial role in the healthcare industry. They are responsible for the accurate and efficient handling of insurance claims, coding, and billing. We’ll provide a detailed overview of outsourced medical billing and explore the benefits, challenges, and key factors to consider when choosing the right one for your healthcare organization. What is […]
Coding and Billing, Outsourced Billing, Outsourced Medical BillingTop FAQs in Medical Billing and Coding Answered

Many questions exist in the medical billing and coding industry because it is a complex and rapidly evolving field which requires a high level of accuracy and attention to detail. The healthcare industry is dynamic and is subject to frequent changes in laws, regulations, and insurance policies, which can impact the billing and coding process. […]
Billing Challenges, Claim Denials, ICD-10, Medical Biller, Medical CoderBecoming a Medical Billing Specialist: A Step-by-Step Guide

A medical billing specialist plays a crucial role in the healthcare industry. They are responsible for managing the financial side of healthcare, which includes submitting claims to insurance companies and following up on any denied claims. A medical billing specialist is responsible for submitting and following up on claims to insurance companies for payment for […]
Healthcare Careers, Jobs in Healthcare, Medical Billing Career, Medical Billing Jobs, Medical Billing Specialist
