The landscape of medical billing is undergoing a rapid transformation as we approach 2025. Driven by technological advancements, changing patient expectations, and evolving healthcare delivery models, the traditional approaches to medical billing are being revolutionized. We aim to explore the emerging trends that are reshaping the medical billing industry, offering insights into how healthcare providers, […]
Accountable Care Organizations (ACOs), AI, artificial intelligence, automated billing, Automation, billing, Billing Automation, Blockchain, Blockchain in Healthcare, Blockchain Technology, Cybersecurity, Data Interoperability, FHIR, Health Level 7, HL7, Machine Learning
The healthcare industry is on the cusp of a significant transformation with the introduction of the International Classification of Diseases, 11th Revision (ICD-11). This comprehensive update to the global standard for health data, clinical documentation, and statistical aggregation promises to revolutionize medical billing practices. The key features of ICD-11 and its potential impacts on the […]
healthcare, ICD, ICD Codes, ICD-10 to ICD-11, ICD-11, International Classification of Diseases, International Classification of Diseases 11th Revision, Medical, Medical Billing, Revenue Cycle Management
Medical billing automation is probably not going to win any awards for being a riveting conversation topic. It’s one of those mundane but necessary evils that come with running a healthcare organization. I get it – discussing billing processes and paperwork isn’t exactly a thrilling way to spend your time. But hear me out, because […]
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The healthcare industry is at a pivotal juncture, grappling with the pressing need to embrace technological advancements while safeguarding the integrity and privacy of patient data. As the custodians of our most intimate and sensitive information, healthcare providers face an array of challenges, from ensuring accurate billing practices to maintaining the confidentiality of medical records. […]
Blockchain, Blockchain for Health Data, Blockchain in Healthcare, Blockchain Technology, Data Interoperability, Data Management, EHR, EHR Integration, EHR Interoperability, EMR, Healthcare Blockchain
If you’re running a healthcare organization, you know how crucial it is to have an efficient revenue cycle management (RCM) process. After all, it’s the backbone of your financial operations, ensuring that you get paid for the services you provide. But let’s be real, managing the revenue cycle can be a complex and daunting task, […]
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Medical billing can be a massive headache. Between keeping up with ever-changing regulations, dealing with rejected claims, and chasing down payments, it’s enough to make anyone’s head spin. But here’s the thing – optimizing your medical billing process is crucial for maximizing collections and keeping your practice financially healthy. Think about it this way: every […]
billing, Billing KPIs, Billing Outcomes, Billing Software, Billing Staff, Billing Technologies, Healthcare Billing, Medical Billing, Outsource Medical billing
Let’s be real, billing and claims processing is probably not what got you into the behavioral health field in the first place. You were driven by a passion to help people overcome mental health challenges, develop positive coping strategies, and improve their overall well-being. But as much as we might wish it were different, managing […]
Behavioral Health, Behavioral Health Billing, billing, Billing Best Practice, Billing Challenges, Billing Codes, Coding, coding and billing, Modifier Codes, Modifiers, Pre-Authorization, Preauthorization
Have you connected your electronic health record (EHR) system to a clearinghouse? I know what you might be thinking, “Another tech integration? Ugh, more headaches!” But bear with me, because this one’s a game-changer. If you’re still relying on manual processes for submitting claims, verifying patient eligibility, or handling remittances, you’re basically stuck in the […]
clearinghouse, EHR, EHR API, EHR Integration, EHRs, Electronic Claims, EMR, EMR integration, Health Level 7, healthcare, HL7, HL7 FHIR, HL7 messaging, HL7 Standard, Interoperability, Medical, Medical Billing, Medical Billing AI
We’re going to cruise into a topic that’s been shaking up the healthcare world – value-based care models. These models are all about shifting the focus from just treating illnesses to actually keeping people healthy and delivering better outcomes for patients. Traditional Fee-for-Service: The Old School Approach But before we get into the nitty-gritty of […]
Accountable Care Organization, ACO, P4P, P4P Model, Patient-Centered Medical Home, Patient-Centered Medical Home (PCMH), Pay-for-Performance, PCMH, Value Based Care, Value-Based Care Adoption, Value-Based Care Models, Value-Based Models, Value-Based Pricing, Value-based Reimbursement
Let’s jump into a topic that might seem a bit dry at first glance, but trust me, it’s super important – especially if you’re in the healthcare industry. We’re going to be talking about CAQH, and by the end of this blog post, you’ll know everything there is to know about this organization and why […]
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Let’s talk about something that might not be the most riveting topic, but is incredibly important – medical provider fee schedules. We know, we know, it sounds about as exciting as watching paint dry. But hear me out, because these fee schedules have a massive impact on the cost of healthcare and how much you […]
Fee Schedule Comparison, Fee Schedule Landscape, Future of Fee Schedules, healthcare, Healthcare Fee Schedules, Healthcare Outcomes, Healthcare Revenue, Medical, Medical Provider Fee Schedule, rcm, RCM Optimization
Let’s talk about something that might not be the most exciting topic, but it’s absolutely crucial if you want to play ball with the big leagues of healthcare insurance. We’re talking about credentialing. That oh-so-fun process of getting your ducks in a row to prove you’re legit and qualified to provide care to patients covered […]
Credentialing, Credentialing Accuracy, Credentialing Criteria, Credentialing Difficulty, credentialing on-boarding, Get Credentialed, Get In-Network, In-Network Credentialing, Insurance Providers
Few topics get finance teams and medical billing professionals quite as fired up as fee schedules and reimbursement rates. It’s the core of how healthcare providers generate revenue and keep operations humming. At the same time, it’s an arena loaded with complexity, regulatory scrutiny, and often mind-numbing minutiae. If you’re reading this, you’re probably intimately […]
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Whether you’re a physician, practice manager, or anyone else charged with overseeing the billing operations for a healthcare organization, let me start by saying – I feel your pain. Medical billing has always been one of the most maddeningly complex, persistently stressful parts of running a modern medical practice. In today’s healthcare landscape, it just […]
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If you’ve ever stepped foot in a medical facility or had any kind of healthcare service, you’ve likely encountered the wonderful world of medical billing. But have you ever stopped to think about the different billing methods used? Specifically, the distinction between institutional billing and professional billing? No? Well, buckle up because we’re about to […]
billing, CPT codes, HCFA-1500, HCPCS Codes, Healthcare Billing, ICD Codes, Institutional Billing, Medical Billing, Medical Billing Lingo, Medical Billing Verbiage, Professional Billing, UB-04, UB-04 BillingWe all know how critical it is to keep a sharp eye on those revenue cycle metrics, right? Those numbers have the power to make or break your financial game. Understand them, optimize them – that’s the difference between rolling in dough or scraping by. But let’s keep it a hundred – digging into revenue […]
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Let’s be real – dealing with credentialing is difficult. No healthcare organization truly wants to maintain or balance it. It’s tedious, time-consuming, and can feel like an endless loop of paperwork and verification. But here’s the thing – it’s absolutely crucial. Proper credentialing ensures that your practitioners are qualified and up-to-date, allowing them to get […]
Credentialing, Credentialing Accuracy, Credentialing AI, Credentialing and Contracting, Credentialing Criteria, Credentialing Difficulty, Credentialing New Providers, credentialing on-boarding, medical credentialing, Medical Credentialing AI
Dealing with denied medical claims is one of the biggest headaches in the healthcare revenue cycle. It’s frustrating, time-consuming, and can put a serious dent in your bottom line if not handled properly. But fear not – we’re here to walk you through the process of identifying denials, filing appeals, and hopefully getting those claims […]
Denial Analytics, Denial Codes, denial management, Denial Trends, denied claims, denied medical claims
If you’re in the healthcare industry or deal with professionals who need to be credentialed, you know how complex and time-consuming the whole process can be. From verifying licenses and certifications to checking work histories and malpractice claims, credentialing is a massive headache that never seems to end. But here’s the thing – you don’t […]
Credentialing, Credentialing Accuracy, Credentialing AI, Credentialing and Contracting, Credentialing New Providers, credentialing on-boarding, medical credentialing, Medical Credentialing AI, rcm, Revenue Cycle, Revenue Cycle Management
In obstetrics and gynecology (OBGYN), accurate medical coding is crucial for proper billing and reimbursement. The Current Procedural Terminology (CPT) codes are a standardized set of codes used to report medical services and procedures performed by healthcare professionals. These codes are maintained by the American Medical Association (AMA) and are updated annually to reflect changes […]
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Healthcare providers, chances are you’re all too familiar with the headaches that come with negotiating contracts with insurance payers. It’s a tedious process that often leaves you feeling like you’re getting the short end of the stick. But here’s the thing – re-negotiating those contracts on a regular basis is absolutely crucial for the financial […]
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If you’re a healthcare provider, dealing with medical billing is probably one of your least favorite parts of the job. It’s tedious, complicated, and takes you away from your real passion – caring for patients. That’s why many practices choose to outsource their medical billing to third-party companies that specialize in it. But what does […]
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So, it’s that time again – your payer contracts are up for renewal and you need to renegotiate. Maybe you’re feeling like the reimbursement rates they’re offering are way too low. Or the administrative burdens and preauthorization requirements have gotten out of hand. Whatever the reason, you know you need to go back to the […]
Payer Contract, Payer Contract Re-Negotiation, Payer Contracting, Payer Contracts, Payer enrollment, Payer Negotiation, reimbursement, Reimbursement Models, reimbursement rates, Renegotiate Payer Contracts
If you’re a healthcare provider, you know how important it is to get paid accurately and on time for the services you provide. But the revenue cycle management process can be a tangled web of codes, documentation requirements, and insurance rules. One of the biggest pain points? Charge capture. Charge capture is the process of […]
billing, Charge Capture, Charge Capture Challenges, Charge Capture Strategy, Denials, EHR, EMR, Medical Billing, Missed Charges, Optimized Charge Capture, Revenue Cycle Management, Revenue Leakage
Home infusion therapy is a treatment option that allows patients to receive intravenous (IV) medications, fluids, or nutrition at home. This approach has become increasingly popular as it offers convenience, promotes patient independence, and reduces healthcare costs associated with prolonged hospital stays. However, to ensure proper reimbursement and accurate billing, healthcare providers must understand and […]
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