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Medical Billing

Which CPT Codes are Used in OBGYN Billing?

April 21, 2024 / Alex J. Lau / Medical Billing, OBGYN
OBGYN Billing

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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OBGYN Billing Codes, OBGYN Modifiers, Preventive Care CPT Codes, Surgical Procedures CPT Codes

What to Expect When Outsourcing Medical Billing

April 17, 2024 / Alex J. Lau / Medical Billing
Medical Doctors Discussing Billing

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. That’s why many practices choose to outsource their medical billing to third-party companies that specialize in it. But what does outsourcing your billing actually […]

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Billing Analytics, Billing RPA, Outsourced Billing

Mastering Charge Capture: A Roadmap for Healthcare Providers

April 13, 2024 / Alex J. Lau / Charge Capture, Medical Billing
Charge Master Work

If you’re a healthcare provider, you know how important it is to get paid accurately and on time for the services you provide. However, 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 […]

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Charge Capture, Continuous Monitoring, Missed Charges, Revenue Cycle Management, Revenue Leakage

How to Choose The Right Clearinghouse Services

April 9, 2024 / Alex J. Lau / Clearinghouse, Medical Billing
Medical Billing Clearinghouse

Clearinghouses play a crucial role in facilitating the electronic exchange of data between providers, payers, and other entities. Clearinghouses act as intermediaries, converting data from proprietary formats used by different systems into standardized formats that can be understood by all parties involved. With so many clearinghouse options available, selecting the right one can be a […]

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CAQH CORE Certification, Data Translation, Data Validation, EHNAC Accreditation, Value-Added Services

Which Medical Billing Technologies Should Healthcare Providers Adopt?

April 7, 2024 / Alex J. Lau / Medical Billing
Medical Biller Techie

If you’re a healthcare provider, dealing with medical billing is probably one of your least favorite parts of the job. It’s a total pain, keeping track of patient information, filing claims, following up on denials, and ensuring you actually get paid for your services. And let’s be honest, the medical billing process is incredibly convoluted […]

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Ambient Data Capture, Billing AI, Billing Software, Billing Workflow, Robotic Process Automation, Rules-Based Claim Scrubbing

How Does Medicare Reimbursement Work for Toxicology Testing?

April 5, 2024 / Alex J. Lau / Medical Billing, Toxicology Testing
Toxicology Test Reimbursement

Let’s talk about getting reimbursed by Medicare for toxicology tests, those tests that check for drugs or other harmful substances in someone’s body. It can be a confusing process with lots of rules and hoops to jump through. I’m going to break it down simply so you know what to expect. Understanding Medicare Coverage for […]

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Advanced Beneficiary Notice, Medicare Coverage for Toxicology Tests, Medicare Reimbursement, Toxicology Billing

How Robotic Process Automation is Replacing Manual Entry in Medical Billing

April 1, 2024 / Alex J. Lau / Medical Billing, Robotic Process Automation
robotic-process-automation-RPA-example-code

Medical billing can be a huge pain. For those who perform it internally and externally. At times, it’s one of those mind-numbingly tedious tasks that makes you question your career choices. Hours upon hours of copying and pasting data from one system to another, checking and rechecking codes, filling out endless forms. It’s enough to […]

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Billing Automation, Denial Write-Offs, Robotic Process Automation, RPA

Which CPT Codes are Used in Remote Patient Monitoring Billing?

March 30, 2024 / Alex J. Lau / CPT Codes, Medical Billing, Remote Patient Monitoring
CPT Codes Remote Patient Monitoring (RPM)

If you’re a healthcare provider looking to get into remote patient monitoring (RPM), one of the first things you need to understand is how to bill for these services. And that starts with knowing the right CPT codes to use. RPM has been around for a while, but it really took off during the COVID-19 […]

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CPT codes, Remote Patient Monitoring Billing, RPM Billing, RPM CPT Codes

Want to Start a Medical Billing Company?

March 28, 2024 / Alex J. Lau / Medical Billing
Potential Medical Billing Company Owner

So you want to start your own medical billing company? It’s a lucrative industry with a ton of potential, but also one that requires some specialized knowledge and an understanding of the healthcare system. Don’t worry though, I’m going to walk you through all the key steps for getting a medical billing business off the […]

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Billing Startup, RCM Startup, Revenue Cycle Management, Start a Medical Billing Company

Claim Denial Kryptonite: Specialty-Specific Strategies to Supercharge Your Revenue Cycle

March 26, 2024 / Alex J. Lau / Claim Denials, Medical Billing
Denial Kryptonite

Claim denials are the bane of every medical practice’s existence. They’re like kryptonite sapping the strength from your revenue cycle. But what if we told you there was a way to turn those denied claims into a money-making superpower? No, we’re not peddling some snake oil solution. I’m talking about adopting specialty-specific strategies to tackle […]

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Claim Denial Kryptonite, E&M code, Lex Luthor, Revenue Cycle Management

The Need for Transparency in Medical Billing

March 24, 2024 / Alex J. Lau / Medical Billing
Medical Doctors Discussing Billing

If you’ve ever received a medical bill, chances are you were confused, frustrated, or both. The bills are often filled with inscrutable codes, massive dollar amounts that seem to make no sense, and a complete lack of clarity around what you’re actually being charged. It’s a systemic problem in the US healthcare industry that leads […]

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American Hospital Association, Billing Systemic Reform, Billing Transparency, No Surprises Act, Revenue Cycle Management

The Importance of Defining Medical Billing Workflows

March 22, 2024 / Alex J. Lau / Medical Billing
Medical Biller Techie

So you run a medical practice or healthcare facility. Congrats, you’re doing important work that helps keep people healthy. But have you put much thought into your medical billing workflows? If not, you really should. Billing is the lifeblood that keeps a healthcare operation afloat financially. It’s how you get paid for the vital services […]

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Billing AI, Billing Workflows, RCM, RPA

The Digitization of Medical Billing: How Electronic Systems are Streamlining the Revenue Cycle

March 18, 2024 / Alex J. Lau / Medical Billing
Electronic Medical Biller

In the healthcare ecosystem, one aspect that has undergone a remarkable transformation is the way medical bills are processed and submitted. Gone are the days when mountains of paper claims and endless filing cabinets were the norm. Instead, healthcare providers have embraced the power of electronic medical billing systems, revolutionizing the revenue cycle management process and […]

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Better Patient Experience, Billing Automation, Digitization of Medical Billing, Revenue Cycle Management, RPA

Mastering Denial Management: Tactics for Maximizing Reimbursements

March 14, 2024 / Alex J. Lau / Denial Management, Medical Billing
Denial Management Resource

Denial management has emerged as a critical component for healthcare providers and organizations. As payers become more stringent in their reimbursement policies and regulatory requirements tighten, effective denial management strategies are essential for minimizing revenue leakage and ensuring financial stability. According to industry reports, up to 90% of denied claims are recoverable, representing a significant […]

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Claim Denial Rate, Continuous Process Improvement, Denial Prevention Strategy, Denied Claims, RPA

Streamline Your Medical Billing Workflow: Best Practices for Efficiency

March 11, 2024 / Alex J. Lau / Medical Billing
Medical Billing Workflow

Efficient medical billing processes are crucial for maintaining a healthy revenue cycle and to ensure the financial well-being of healthcare providers. With the increasing complexity of payer regulations, coding intricacies, and patient expectations, medical billing workflows can quickly become convoluted and inefficient, leading to costly delays, errors, and dissatisfied patients. Fortunately, through the implementation of […]

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Billing Software, Billing Workflow, Interoperability Standards, NLP, RCM

Genetic Testing: Navigating the Complex Landscape of Coverage and Reimbursement

March 9, 2024 / Alex J. Lau / Genetic Testing, Medical Billing
Genetic Testing Lab

The field of genetics has experienced remarkable advancements in recent years, revolutionizing our understanding of human health and disease. Genetic testing, in particular, has become an invaluable tool in the diagnosis, treatment, and prevention of various conditions. However, the rapid pace of innovation has also brought forth a complex landscape of coverage and reimbursement challenges. […]

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DNA Testing, Genetic Testing Billing, Genetic Testing Reimbursement, Genetics, Revenue Cycle

10 Key Medical Billing Challenges and Solutions

March 5, 2024 / Alex J. Lau / Medical Billing
White Female Medical Billing Outsourced

The medical billing process is a complex and often daunting task for healthcare providers. From keeping up with ever-changing regulations and coding updates to managing denials and claim rejections, medical billers face numerous challenges that can significantly impact revenue cycle management and the financial health of a practice. We cover 10 key medical billing challenges […]

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A/R Management, Benefits Verification, Coding Accuracy, Denial Management, Patient Eligibility, Payer Contracting

Which CPT Codes are used in Telestroke and Teleneurology Billing?

February 17, 2024 / Alex J. Lau / CPT Codes, Medical Billing
Telestroke Telehealth Billing Doctor

Telestroke and teleneurology refer to the use of telehealth to provide acute stroke care and neurological care from a distance. This allows neurologists and stroke specialists to evaluate and manage patients in hospitals or clinics that may not have specialty care available onsite. The use of telehealth and virtual care models in neurology has grown enormously […]

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Telehealth Billing, Telemedicine Billing, Teleneurology Billing, Teleneurology CPT Codes, Telestroke Billing, Telestroke CPT Codes

Manual Medical Billing is Dead, RPA is the Answer

February 11, 2024 / Alex J. Lau / Medical Billing, Robotic Process Automation
robotic-process-automation-RPA-example-code

Medical billing has long relied on manual data entry and paperwork to process claims. But this antiquated approach is no longer sustainable in today’s digital healthcare environment. The future of medical billing lies with robotic process automation (RPA). RPA automates repetitive data entry and workflow tasks, increasing efficiency, reducing human error, and allowing medical billers […]

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Billing Automation, HL7, Revenue Cycle Management, RPA

Improper Bundling in Medical Billing: NCCI Rules, Common Errors, How to Stay Compliant

February 6, 2024 / Alex J. Lau / Bundling, Medical Billing
White Female Medical Billing Outsourced

Improper bundling in medical billing occurs when services that should be billed under a single CPT code are instead billed as separate component codes to generate higher reimbursement, a practice CMS classifies as unbundling. The inverse error, combining services that should be billed separately under a single code, results in underpayment and lost revenue. Both […]

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Component Codes, Comprehensive Codes, Improper Bundling, Modifier Codes, Unbundling

The Complete Guide to Fixing Common Medical Billing Errors

February 3, 2024 / Alex J. Lau / Medical Billing
Fixing Common Medical Billing Errors

Improve revenue, reduce denials, and ensure compliance by following these expert billing tips for healthcare providers. Frequent billing mistakes can hurt your medical practice’s bottom line. Discover the most common medical billing errors, their financial impact, and proven steps to prevent them. This extensive billing guide for providers, clinics, and medical billers will help fix […]

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Diagnosis Code Errors, Incorrect Modifiers, Medical Billing Errors, Missing Pre-Authorizations, Procedure Code Mistakes

The Essential Guide to Medical Billing Automation

January 31, 2024 / Alex J. Lau / Medical Billing
Medical Billing versus Sports

Medical practices are constantly looking for ways to improve efficiency and increase revenue. Yet many practices are still relying on manual, paper-based billing processes that are tedious, error-prone, and time-consuming. In today’s digital age, automated medical billing is a must for any practice that wants to streamline operations, get paid faster, reduce denied claims, and […]

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Artificial Intelligence, Billing Automation, Revenue Cycle Management, Robotic Process Automation

The Reimbursement Model Shift in Medical Billing

January 29, 2024 / Alex J. Lau / Medical Billing
Middle-Aged ER Doctor

The healthcare industry in the United States has undergone massive changes in recent decades. One of the most significant shifts has been in how healthcare providers get reimbursed for services. The traditional fee-for-service model is giving way to value-based models that tie reimbursement to quality of care and patient outcomes. This transformation in reimbursement is […]

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Bundled Payments, Fee-for-Service, Pay-for-Performance, Reimbursement, Value-Based Models

10 Trends Set to Transform Medical Billing

January 28, 2024 / Alex J. Lau / Medical Billing
Medical Billing, Credentialing Team

The healthcare industry is rapidly evolving, driven by advances in technology, changes in regulations, and shifts in consumer behavior. For medical billing professionals, these changes bring both opportunities and challenges. Staying up-to-date on the latest trends is key to remaining competitive and providing the best possible service to healthcare providers. We’ll explore the top 10 […]

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Artificial Intelligence, Big Data, Revenue Cycle Management, Robotic Process Automation, Telehealth

How to Take Your Medical Billing to the Next Level in 2024

January 27, 2024 / Alex J. Lau / Billing, Billing AI, Billing Automation, Billing Best Practice, Billing Revenue, Billing Services, Claims Management, Coding, Denial Codes, Denial Management, Denial Trends, Denied Claims, Healthcare, Healthcare Billing, Medical, Medical Billing, Medical Billing AI, Medical Billing Analytics, ROI

Medical billing is a complex and ever-evolving field. With constant changes in regulations, coding guidelines, reimbursement rates, and technology, medical billing services must continuously adapt and improve to stay competitive. Taking your medical billing to the next level requires focusing on efficiency, optimization, training, and utilizing the latest tools and software. Implementing the strategies outlined […]

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Clearinghouse, EDI, Healthcare, Healthcare Billing, Medical, Medical Billing, Medical Billing Strategy, RCM, Revenue Cycle, Revenue Cycle Management, Revenue Cycle Optimization, Robotic Process Automation, ROI, RPA
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Recent Posts

  • Paye Contracting Requirements by State

    Payer Contracting Requirements by State: What Changes; What Stays the Same

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