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Tag - #medicalbilling #medicalcoding #healthcare #medicare #physician #patient

Accurate Payment Posting Leading to Improved Billing Efficiency

Accurate Payment Posting Leading to Improved Billing Efficiency

Basics of Payment Posting Payment posting is an integral part of the revenue cycle management (RCM) of any healthcare organization. As the name suggests, payment posting involves posting the payments and their reconciliation. The billing team will post the received [...]

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Understanding Basics of Advance Beneficiary Notice (ABN)

Understanding Basics of Advance Beneficiary Notice (ABN)

The Advance Beneficiary Notice of Noncoverage (ABN) i.e., form CMS-R-131, is issued by providers (including independent laboratories, home health agencies, and hospices), physicians, practitioners, and suppliers to Original Medicare (fee for service – FFS) beneficiaries in situations where Medicare [...]

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Creating Strong Financial Structure for Your Practice

Creating Strong Financial Structure for Your Practice

With competition is increasing, and reimbursements are decreasing, every dollar counts for most medical practices. Yet many practice owners have fallen into bad business habits that are costing them money. Patients and insurance carriers have changed their payment expectations, [...]

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