Table of Contents Primary Reasons for Dental Claim Denials Claim denials are among the main concerns reported to the American Dental Association by dental offices. With complex procedures, rules, and intricate claim submission processes, dental billing can be a challenging and error-prone process. Rejected claims can badly affect a dental practice’s finances. While expert dental billing services can take the pain out of the task and improve revenue flow, it’s important that providers know the common reasons why dental claims are delayed or denied. This post discusses the leading causes of d ..read more

Table of Contents Advantages of Outsourcing Chiropractic Medical Billing Partner with a Reliable Chiropractic Billing Company For any healthcare specialty, including Chiropractic, accurate medical billing plays a key role in getting paid on time. Following standard chiropractic billing practices is crucial for practices to maintain financial stability and sustain the quality of care offered to patients. The billing process for chiropractors includes verifying patient insurance coverage, submitting claims, resolving billing discrepancies, and ensuring compliance with healthcare regulations ..read more

Table of Contents What is the Difference between Healthcare Accounting and Medical Billing? What Medical Billing Involves Understanding the Role of Medical Billing in the Accounting Process Make a Smart Move – Outsource Medical Billing It goes without saying – the financial health of your medical practice is essential. Rising costs, evolving healthcare models, and increased competition have all made this more difficult than years past. Billing is a key factor of healthcare accounting, and well optimized processes are crucial to prevent claim denials. Medical billing services transform care ..read more

Table of Contents Importance of Accurate Billing 7 Common Medical Billing Mistakes Even as you provide the best possible care for your patients, paying close attention to the financial aspects of your practice is necessary to avoid medical billing errors that can impact your bottom line. As a complex process involving multiple payers, numerous medical codes, and varying state regulations, medical billing can pose significant challenges. Most healthcare providers rely on outsourced medical billing services to prevent errors, streamline claim submission, improve the revenue cycle, and enhance ..read more

Table of Contents Maximizing Reimbursement by Outsourcing Medical Billing Medical Billing Outsourcing Is a Practical Solution For any kind of practice, an efficient medical billing process is essential to ensure smooth submission and follow up on medical claims. When it comes to receiving timely payments, accurate billing and coding are key. Accuracy also ensures that patients are billed correctly and fairly. A growing number of practices now rely on medical billing outsourcing to ease the cumbersome billing process, avoiding claim denials and maximizing reimbursement. Before getting into d ..read more

Table of Contents Factors to Consider when Choosing a Medical Billing Company Managing medical billing in-house can be complex, costly and take up a huge amount of you staff’s time. These are just some of the reasons the demand for medical billing outsourcing services is rapidly growing. According to Market Research Future, the medical billing market size is expected to grow from $17.76 billion in 2024 to $32.79 billion by 2032, at a compound annual growth rate (CAGR) of 12.14%. If you’ve decided to outsource your revenue cycle management (RCM), choosing the right medical billing company is ..read more

Table of Contents Importance of Choosing a Reliable Coding Service Criteria that make a Good Medical Coding Company Assigning correct codes is crucial. A growing number of practices are choosing to outsource this responsibility to a professional medical coding company. One reason for this is the national shortage of medical coders. In 2023, the American Medical Association reported that studies show there’s a 30% shortage of experienced coders across the country. Hiring and maintaining a team of in-house coders can be substantially more expensive than outsourcing this work. Partnering with ..read more

Table of Contents Colonoscopy Coding Guidelines – Key Points Coding Colonoscopy for CRC screening Documentation Guidelines According to the Centers for Disease Control and Prevention (CDC), in 2020, 126,240 new colorectal cancers were reported in the U.S., with 51,869 deaths from colorectal cancer. Colonoscopy is the most common procedure used for CRC screening. Recent policy changes have expanded the reach of free colorectal cancer (CRC) screenings, making them accessible to a larger population and implementing measures to prevent surprise billing. However, it is crucial for physicians to ..read more

Table of Contents Advantages of Outsourcing Insurance Verification Medical practices face several challenges that can hinder efficiency and impact revenue cycles. One aspect that the front office often has problems handling is checking patients’ insurance coverage. While a patient’s insurance coverage may seem straightforward, not checking details can create billing complications. Insurance verification services play a vital role in this context by ensuring smooth billing processes for patients and proper compensation for healthcare providers. The key health insurance-related issues that me ..read more

Table of Contents Dental Billing Process Explained Just like in any other specialty, accurate billing is crucial in dental practices too. It is essential to running a dental practice because it affects the practice’s financial stability and profitability. Dental billing has become a complex and critical task as the importance of dental care has grown. Accurate dental billing ensures financial steadiness by securing correct reimbursement for services rendered, and covering operational expenses. It also enhances patient satisfaction, as it reduces confusion regarding billing matters, thus rai ..read more