Radiation oncology is a branch of clinical medicine devoted to the treatment of both malignant and benign disease with ionizing radiation. The radiation oncologist with his team is involved in the evaluation, planning, delivery and follow-up of patients treated with radiation. Radiation oncologists also may use computed tomography (CT) scans, magnetic resonance imaging (MRI), ultrasound, […]
Adverse effect of pandemic is rise in an unemployment, providers need to optimize self-pay collection strategies to support patients and revenue collection during this difficult time. Healthcare is the industry most at-risk during the coronavirus (COVID-19) pandemic. Providers are on the front lines of response efforts. At the same time, the financial implications of the […]
The department of Health and Human Services has extended the national public health emergency declared for pandemic, as a part of their work to support frontline healthcare providers who are fighting with COVID-19. It also extended COVID-19 payment and regulatory flexibilities granted during the period. HHS has implemented vital Telehealth payment and coverage flexibilities during […]
The CMS’s Patients Over Paperwork initiative streamlines regulations to reduce burden, increase efficiencies, and improve the beneficiary experience. The Centers for Medicare & Medicaid Services (CMS) took some actions to protect the health and safety of our nation’s patients and providers in the wake of the 2019 Coronavirus (COVID-19) outbreak. What is Patients over Paperwork? […]
Charge entry is the important process in medical billing cycle. It is the process of entering appropriate $ value as per the codes and appropriate fee schedule in the CMS1500 form in medical billing software. These charges will determine the reimbursement amount for the physicians rendered service. All data that are added in CMS1500 form […]
Payment posting in RCM seems like an afterthought, something that happens after the “real” work of medical billing ends. After all, you’ve done the hard part and got the payments in the door. Payment Posting is the crucial step in the Revenue Cycle Management process. Payment posting involves: EOBs: Post insurance data from EOBs ERAs: Post […]
Eligibility Verification Process is crucial in healthcare revenue cycle management. Physicians are responsible for eligibility verification of a patient, every time whenever appointment is scheduled. Importance of Insurance Eligibility Verification Insurance verification is the process of verifying a patient’s insurance in terms of coverage status, status of policy whether active or inactive, eligibility status. This […]
Revenue Cycle Management in the US healthcare is the financial process which utilizes medical billing software to track patient care information from appointment schedule to the insurance payment or patient payment of a balance. Current transition from fee-for-service to value-based care reimbursement will bring changes to the traditional revenue cycle management (RCM) in healthcare. What […]
Wound care services are transforming rapidly hence wound clinics are looking for varied business and wound management strategies that enable them to offer the best care to patients. Also, these new wound management strategies can make these clinics competitive in the market. Generally, chronic wounds are considered as wounds that fail to show any tendency […]
You must be aware of the Accounts receivable or AR in medical billing. However, AR follow up is also essential in medical billing to fetch the money for practitioners. AR Follow-up team has a significant role to play in every healthcare organization and also, this team is responsible for looking after denied claims and reopening […]