Which CPT Codes are Used in OBGYN Billing?
Medwave Blog
by admin
1d ago
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 in medical practice. This article provides an extensive overview of the CPT codes commonly used in OBGYN billing. It cover codes for various services, including preventive care, diagnostic procedures, surgical i ..read more
Visit website
The Importance of Negotiating Payer Contracts
Medwave Blog
by admin
4d ago
Healthcare providers, chances are you’re all too familiar with the headaches that come with negotiating contracts with insurance payers. It’s a tedious process that often leaves you feeling like you’re getting the short end of the stick. But here’s the thing – re-negotiating those contracts on a regular basis is absolutely crucial for the financial health of your practice. Navigating the complex world of payer contracts can feel like a full-time job in itself. But stick with me here, because the potential rewards are well worth the effort. Think about it this way: those contracts you signed ye ..read more
Visit website
What to Expect When Outsourcing Medical Billing
Medwave Blog
by admin
6d ago
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 – caring for patients. 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 involve? How does it work? What can you expect? I’m going to walk through all of that in this guide. By the end, you’ll have a solid understanding of the medical billing outsourcing process and what it’s really like to hand o ..read more
Visit website
How to Renegotiate Your Payer Contracts
Medwave Blog
by admin
1w ago
So, it’s that time again – your payer contracts are up for renewal and you need to renegotiate. Maybe you’re feeling like the reimbursement rates they’re offering are way too low. Or the administrative burdens and preauthorization requirements have gotten out of hand. Whatever the reason, you know you need to go back to the negotiating table. But how do you actually renegotiate these contracts in a way that gets you a better deal? It can seem like an intimidating process, especially when you’re going up against massive insurance companies with whole departments dedicated to this. Don’t worry ..read more
Visit website
Mastering Charge Capture: A Roadmap for Healthcare Providers
Medwave Blog
by admin
1w ago
If you’re a healthcare provider, you know how important it is to get paid accurately and on time for the services you provide. But 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 precisely documenting and capturing billable services provided to patients. It’s the first critical step to getting reimbursed, but it’s often an area where healthcare organizations struggle – leading to missed charges, denials, and revenue leakage. In this guide, we’ll ..read more
Visit website
Which CPT Codes are Used in Home Infusion Therapy Billing?
Medwave Blog
by admin
1w ago
Home infusion therapy is a treatment option that allows patients to receive intravenous (IV) medications, fluids, or nutrition at home. This approach has become increasingly popular as it offers convenience, promotes patient independence, and reduces healthcare costs associated with prolonged hospital stays. However, to ensure proper reimbursement and accurate billing, healthcare providers must understand and utilize the appropriate Current Procedural Terminology (CPT) codes specific to home infusion therapy services. This article aims to provide a comprehensive overview of the CPT codes commo ..read more
Visit website
How to Choose The Right Clearinghouse Services
Medwave Blog
by admin
1w ago
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 daunting task. In this comprehensive guide, we’ll explore the key factors to consider when choosing a clearinghouse service that aligns with your organization’s needs. Understanding Clearinghouse Services Before ..read more
Visit website
Which Medical Billing Technologies Should Healthcare Providers Adopt?
Medwave Blog
by admin
2w ago
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 and outdated. Upgrading your medical billing tech could be a game-changer. The right technologies can streamline the whole revenue cycle process, reduce your admin workload, minimize errors, and get you paid faster. So what kind of billing solutions shoul ..read more
Visit website
How Does Medicare Reimbursement Work for Toxicology Testing?
Medwave Blog
by admin
2w ago
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 Toxicology Tests Before we dive into the reimbursement specifics, it’s essential to understand when Medicare covers toxicology tests. Generally, Medicare will cover these tests when they are deemed medically necessary and ordered by a qualified healthcare provider. Some com ..read more
Visit website
Medicare Reimbursement: Understanding the Labyrinth
Medwave Blog
by admin
2w ago
If you’re a healthcare provider or facility dealing with Medicare, one thing is certain – getting properly reimbursed is a maze filled with complex rules, convoluted paperwork, and often, sheer frustration. Medicare reimbursement is the lifeblood that keeps many healthcare operations afloat, but navigating its serpentine pathways can feel like a daily battle. Buckle up as we delve into the depths of this confounding world. Medicare 101 Let’s start with the basics. Medicare is a federal health insurance program primarily serving Americans aged 65 and older, as well as some younger individuals w ..read more
Visit website

Follow Medwave Blog on FeedSpot

Continue with Google
Continue with Apple
OR