The Health Insurance Portability and Accountability Act of 1996 (HIPAA) mandated industry-wide standards for health care information on electronic billing and claims, while also protecting against health care fraud and abuse. It also addresses the protection and handling of health information of every patient. The point of HIPAA compliance is for every medical practice to implement an active ..read more

Accounts receivable are legally considered assets of the business that holds them. They comprise the unpaid debt from fees for services and procedures performed – in our case, of a medical practice – and a bill has been sent or given to the payor for services rendered. So why are medical administrators always worrying about accounts receivable? Because when people don’t pay these bills in a time ..read more

How can a fresh look at the customer service you’re providing your patients improve your practice’s bottom line? Studies show that happier patients can improve your receivables by nearly 50%. Happy patients are more likely to stay current with their bill, especially if offered payment plans and different methods of payment. By ensuring an efficient and pleasant patient experience at every ..read more

As medical practices and courthouses digitize their records, they are having to shred or store their paper documents securely in order to avoid being in violation of HIPAA laws. Patients have always relied on their doctors to keep their health information safe and private – and they still do – but the battlefront has changed from simply locking a file drawer full of patients’ information ..read more

Your practice can run more efficiently with guidance from trusted billing and collection services providers. But oftentimes it can be difficult to find that ideal partner for managing the billing cycle within you practice. To guide you on the available options and on how to make the right decision for your firm, our team at ProMD highlights ..read more

When the Affordable Care Act (ACA), which is also commonly referred to as Obamacare, was passed, it was obvious that it was going to have a big impact on all facets of the health insurance industry. A few years have since passed, and this has proven to be true – even when it comes to medical ..read more

Clean Claims are Key to a Healthy Revenue Cycle, one very important factor of an efficient medical practice billing process is the submission of clean claims to payers, both private and governmental. Working towards submitting claims that are free of errors the first time around will reduce claim denials and raise your reimbursement rate ..read more

Summer time is always challenging for medical practices, your practice (as nice as it may be) can’t compete with the nearest beach or vacation hotspot. However, when it comes to back to school physicals and annual check-ups, it is your task as a medical provider ..read more

Medical billing errors are very common in the United States. Doctors begin a medical practice but usually have no business background, so they’re not accustomed to some of the technicalities that are imperative for you and your staff to understand in order to achieve the revenues you deserve ..read more

The answer is probably both, the healthcare industry has been known to sometimes lag behind in adopting new technology. That is one reason why, in 2009, Congress passed the American Recovery and Reinvestment Act (ARRA). Part of ARRA authorized the Centers for Medicare and Medicaid Services (CMS) to disburse $27 billion to incentivize ..read more