Top Healthcare Trends in 2023
Healthcare organizations had to revisit their revenue cycle after the COVID-19 impact as they have to take care of more patients. In addition, the relaxation in the social distancing leads to greater number of patient visits to medical practices. Similarly, labs and...
Billing Guidelines for Pathology Lab Owners – How to Get More Reimbursements
There are various methods followed while billing pathology services. In addition, the methods depend on the agreements between labs and providers. In general, the revenue cycle process of laboratory billing revolves around the interactions between providers, labs, and...
Top 10 Common Medical Billing Issues and Their Solutions
The issue of medical billing is one that impacts each and every one of us who work in the healthcare business. Problems can arise from a variety of sources, including problems with claims and payments, a lack of cooperation from patients, and faults in the software...
What Is Medical Credentialing & Why Is It Important?
To understand “what is medical credentialing”, you need to focus on the process of getting affiliated with insurance payers. In addition, credentialing can be referred to as verification of healthcare providers whether they are qualified to provide care or not....
5 key points for providers to consider before outsourcing services
Being a healthcare provider or a practitioner, you might often find yourself in a place where you’re just wearing too many hats. Managing administration, financing, in-house billing which is a series of tasks in itself, makes practice less focused. This gets...
7+ Healthcare KPIs Vital to Track For Your Medical-Business
The healthcare landscape is constantly changing, and with that comes new challenges for laboratories. One of the biggest challenges is billing and reimbursement, which can be complex and time-consuming. To make things easier, we’ve compiled a list of healthcare KPIs...
How Can You Keep Your Lab Billing System Up With the No Surprise Act?
Surprise medical bills”. This issue has become a hot topic for the last few years. Stories and news of patients left with thousands of dollars of medical costs are quite upsetting for both patients & healthcare providers. Surprise billing occurs when a patient...
How Can CPT Modifiers Make a Huge Difference in Your Profitability_ A Complete Guideline
Lab revenue cycle management_ what comes to your mind after listening to this word? Obviously, all of you will get the meaning of a complicated procedure. That starts with patients scheduling & ends with healthcare providers getting paid for the medical care...
What Are 3 Different Types Of Billing Systems in Healthcare?
A billing system in healthcare is a set of protocols and procedures that make sure that every task involved in revenue collections management is going great. That ultimately results in a streamlined administrative workflow as well as improved billing collections....
Don’t Let Your Revenue Get Clogged_ Stop Making These A/R Management Mistakes
How to minimize the accounts receivable challenges in this digital era? How can you collect more in less time? In the face of economic disruptions, lab practices are facing unprecedented difficulties. It’s time to take an initiative to keep your practice going in...
