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Posts tagged "Outsourced Billing"

Are Medical Billing Codes Universal?

October 8, 2024 / Alex J. Lau / Medical Billing
Female Medical Coder

Medical billing codes are the basis of healthcare administration worldwide because they give everyone a standardized way to communicate diagnoses, procedures, and treatments between healthcare providers, insurers, and government agencies. However, the question of whether these codes are truly universal has a layered answer. We dissect the various medical coding systems used globally, their similarities […]

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IHTSDO, Outsourced Billing, Revenue Cycle Management, Robotic Process Automation, SNOMED CT

Staffing Shortages Force New Medical Billing Strategies

January 12, 2024 / Alex J. Lau / Medical Billing
Medical billing specialist pointing to billing code data on-screen while consulting with a colleague.

The healthcare industry is facing a critical staffing shortage that is impacting medical billing operations and revenue cycle management. With an aging population and expanded access to healthcare, the demand for healthcare services is rising. However, there is a shortage of healthcare workers, including medical billers and coders, to meet this growing demand. This is […]

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Medical Billing Staff, Outsourced Billing, RCM, Revenue Cycle Optimization, Robotic Process Automation

New vs. Established Patient Billing: The 3-Year Rule Explained

April 27, 2023 / Alex J. Lau / Medical Billing
Medical billing specialist pointing to billing code data on-screen while consulting with a colleague.

New versus established patient billing goes wrong when a patient’s status is misjudged on the front end, which can risk a denial or 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 […]

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Billing Challenges, Outsourced Billing, Revenue Cycle Management, Revenue Cycle Optimization, Verifying Insurance

EDISS Connect: All You Need to Know

February 15, 2023 / Alex J. Lau / EDISS
Outsourced Medical Billing Services

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 simplifies the claims submission process, tracks payment status, and provides powerful reporting tools to help providers analyze their financial transactions. If you’re a […]

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EDI, EDISS Connect, Outsourced Billing, Revenue Cycle Management, Revenue Cycle Optimization

Are Billing Companies Worth It? The Break-Even Math for Your Practice

February 7, 2023 / Alex J. Lau / Medical Billing
White Female Revenue Cycle Management

Are billing companies worth it? Often, yes, though the answer depends on arithmetic you can run on your own numbers in about ten minutes. A billing company takes a share of what you collect, and that money has to come back to you as something real, either saved payroll or extra collections. If neither shows […]

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Coding and Billing, Outsourced Billing, Outsourced Medical Billing

Medical Billing Onboard Process

February 2, 2023 / Alex J. Lau / Medical Billing
Medical billing specialist pointing to billing code data on-screen while consulting with a colleague.

Medical Billing has its Difficulties Medical billing is a detailed process that involves various steps to ensure that healthcare providers receive payment for their services. Onboarding a new medical billing system can be a daunting task, but it can also bring about significant improvements in the efficiency and accuracy of the billing process. Examples of […]

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Billing Accuracy, Billing Software, Medical Billing Onboarding, Outsourced Billing

Medical Billing Issues Affecting Healthcare Provider Revenue

July 20, 2021 / Alex J. Lau / Medical Billing
Medical billing specialist pointing to billing code data on-screen while consulting with a colleague.

Medical billing issues that cut into provider revenue often start at the front desk. Let’s say a patient comes in and gives you his or her Medicare card. The front desk carefully records the information and billing submits the charge to Medicare. But the claim is rejected, maybe even from the clearinghouse. The problem? The […]

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Diagnostic Code, Healthcare Billing, Medical Billing Service, Medical Claims, Outsourced Billing

Medical Billing Service Cost: Percentage, Per-Claim, and Monthly Pricing

April 23, 2021 / Alex J. Lau / Medical Billing
Medical Doctor Interviewing Biller for Job

Medical billing service cost usually lands between 4% and 10% of what your practice collects. That range is wide on purpose, and the gap inside it is where the real money sits. Take a practice that collects $1 million a year. A 5% quote costs $50,000. An 8% quote costs $80,000. Same practice, same claims, […]

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Billing Fees, Billing Percentage, Fixed Rate Billing, Medical Billing Cost, Monthly Billing Pricing, Outsourced Billing

5 Reasons to Outsource Your Allergy Billing

March 3, 2021 / Alex J. Lau / Allergy Billing
Allergy Testing Billing, Credentialing

Outsourcing allergy billing makes sense because allergy immunotherapy billing runs on a different clock than most specialties. A single patient’s serum can stay in rotation for up to a year, moving through build-up dosing, then maintenance dosing, with the injection codes changing depending on whether the practice is billing single or multiple antigen injections at […]

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Allergy Immunotherapy Billing, Immunologist Billing, Immunology Billing, Outsourced Billing

The 10 Advantages of Outsourcing Your Behavioral Health Billing

July 20, 2019 / Alex J. Lau / Behavioral Health, Medical Billing
Behavioral Health Billing Mechanisms

Outsourcing behavioral health medical billing gives providers relief from regulations that keep rolling out additional layers. Healthcare providers are spending more time and resources as they organize patient care, and this time could be put to better use. Using a qualified, outsourced behavioral health billing company can provide better service as your workload reduces, you […]

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Behavioral Health Billing, Mental Health, Mental Health Billing, Outsourced Billing

Recent Posts

  • Medical billing specialist wearing a headset reviews a fee schedule and claims spreadsheet at her desk beside ICD-10 coding books in a busy clinic

    Fee Schedule Drift: What Changes When You’re Not Watching

  • Blue Cross Blue Shield (BCBS) Credentialing

    BCBS Credentialing by State: What Changes and What Doesn’t

  • Management Service Organization (MSO) CEO

    Management Services Organizations: What Private Practices Need to Know Before Signing

  • Payer Contracting Scene. A Provider and Payer.

    In-Network vs. Out-of-Network Contracting: Which Pays More for Your Specialty?

  • Provider Credentialing Specialist

    Why You Can’t Bill What You Can’t Credential

  • Full-Cycle Medical Credentialing Support Expert

    Affordable, Full-Cycle Credentialing: Why the Price Drops the More You Buy

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Recent Posts

  • Medical billing specialist wearing a headset reviews a fee schedule and claims spreadsheet at her desk beside ICD-10 coding books in a busy clinic

    Fee Schedule Drift: What Changes When You’re Not Watching

  • Blue Cross Blue Shield (BCBS) Credentialing

    BCBS Credentialing by State: What Changes and What Doesn’t

  • Management Service Organization (MSO) CEO

    Management Services Organizations: What Private Practices Need to Know Before Signing

  • Payer Contracting Scene. A Provider and Payer.

    In-Network vs. Out-of-Network Contracting: Which Pays More for Your Specialty?

  • Provider Credentialing Specialist

    Why You Can’t Bill What You Can’t Credential

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