Outsourcing Revenue Cycle Management: An Affordable Solution in Healthcare
MedICD Blog
by MedICD
21h ago
Present times demand effective financial management for better sustainability of the healthcare system. At the core of it lies revenue cycle management or RCM. It is a complex process that ensures the financial health of the practice through competent billing management. However, the continuously changing healthcare regulations can sometimes make this process terribly overwhelming. This is where outsourcing revenue cycle management comes in as a strategic solution.  By outsourcing all the responsibilities to expert teams, healthcare providers can not only streamline their billing processe ..read more
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CPT Code for Urgent Care – Everything You Need to Know!
MedICD Blog
by MedICD
21h ago
Urgent care centers commonly treat harmless illnesses and accidents. They can treat such patients faster than primary care physicians or emergency departments. Given the increasing evolution of this type of service anywhere in the United States, urgent care facilities should follow exact billing and coding procedures and accurately apply CPT codes to receive timely and accurate reimbursement.  Furthermore, the CPT code for urgent care visits is a standard numerical system. It describes medical procedures and services. Private and Medicare insurers have established a reimbursement amount f ..read more
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Decoding the Code & Overcome CPT Code 96372 Approval Restrictions
MedICD Blog
by MedICD
5d ago
CPT Code 96372  is a frequently used but often misunderstood element in medical health. It is pivotal in healthcare settlement. However, its accurate application secures appropriate compensation for administering injections and underscores its significance in the broader scope of medical assistance. Gaining approval for CPT Code 96372 presents a multifaceted challenge for medical practitioners and billing authorities. However, the difficulties stem from several sources. Insurance companies set stringent requirements and specific measures. Slipups or inaccuracies in any of these areas can ..read more
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What are Pre Op Clearance ICD 10 Codes?
MedICD Blog
by MedICD
1w ago
Preoperative assessment is necessary for safe surgical outcomes. The factor that often gets overlooked a lot during pre-op assessment is the role of accurate documentation and coding. Among the rigorous documentation, pre-op clearance ICD 10 codes hold immense value as they help categorize and specify necessary pre surgical evaluations. ICD 10 for pre op clearance is helpful for health practitioners in maximizing the efficiency of medical billing and insurance, which further highlights the importance of these codes. This blog will discuss some important facts about the presurgical clearan ..read more
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Taming the Paper Chase: Overcoming Common Challenges in Medical Credentialing
MedICD Blog
by MedICD
1w ago
Medical credentialing is a keystone in ensuring quality and reliability in healthcare services. The process involves everything from authenticating healthcare providers’ qualifications to assessing professional conduct. Ultimately, all these extra steps guarantee that your healthcare setting only has professionals who meet stringent standards. However, this process is more complex than it seems, as you will encounter several common challenges in medical credentialing.  This blog will discuss the basics of common challenges, such as verification delays, incomplete applications, and the cum ..read more
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Adapting Chiropractic Billing for Remote Consultations
MedICD Blog
by MedICD
1M ago
The pandemic brought strict social distancing norms. This made people revert to telehealth for their healthcare needs. Over time, telehealth emerged as a new standard. Telehealth saves time and costs for patients. Plus, remote consultations can resolve scheduling conflicts. It also helps in reducing commute costs. Previously, hands-on exercises delivered chiropractic services. But they have also adopted telehealth. This made it possible for chiropractors to provide patients with the right kind of care. Plus, it helped them maintain the quality of that care too. But the health and relief of you ..read more
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The Shifting Landscape: COVID-19 and Migrating Physicians
MedICD Blog
by MedICD
1M ago
After the COVID-19 chaos, there was a notable physician exodus. One of the major problems included the upheaval between the demand and supply of doctors.  As a result, physicians from metropolitan centers moved to states like Florida and Texas. New healthcare dynamics and unexpected problems powered this migration. Also, it was an attempt to meet the shortages of healthcare practitioners in these states.  But, these doctors face a fresh set of difficulties after migrating. Physicians who moved after COVID to areas like Florida and Texas are under more pressure. This pressure stems fr ..read more
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How to Minimize Revenue Leakage in Medical Billing?
MedICD Blog
by MedICD
1M ago
Revenue leakage in medical billing refers to a situation when healthcare providers don’t get the payment for the services or care provided to the patients. Typically, this happens when outstanding bills for healthcare services remain unpaid for too long and unintentionally go unnoticed. Unfortunately, an average healthcare facility succumbs 2 to 3% of its yearly revenue to preventable leaks. Although it doesn’t seem too significant, it can accumulate over time and make a big impact in the long run, occasionally reaching a total of billions of dollars for many hospitals in t ..read more
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Easy Medicare and Medicaid Insurance Enrollment | Your Health Roadmap
MedICD Blog
by MedICD
2M ago
Unstop Peace of Mind & Enroll in Medicare and Medicaid Today for a Healthier Tomorrow! Steering the healthcare coverage landscape can be complex. Particularly regarding two of the country’s most significant Medicare and Medicaid health insurance Enrollment programs. you must grasp what they offer and how they operate. Medicare insurance enrollment is typically available to people aged 65 or over. Medicaid insurance enrollment is primarily for low-income individuals and families and are powerful tools to protect your health. These programs cover many healthcare services. It includes ro ..read more
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Improving Practice Efficiency: Why Medical Billing Agencies Matter
MedICD Blog
by MedICD
2M ago
Providing top-notch medical services is just part of the story in healthcare. There is a critical backstage process of Medical Billing Agencies that monitors these services are properly accounted for and paid for medical billing Services. It involves the submission and follow-up of claims with health insurance firms. Thus, healthcare providers can receive payment for the services they render to patients. Overview of Medical Billing  Medical billing is a vital gear in the machine that keeps a medical practice running well. Directing the maze of insurance policies and regulations is a chall ..read more
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