Category: Healthcare Finances

What to Consider when Looking for the Best Medical Billing Company

Medical Billing

1. Increased Revenue: The best medical billing and credentialing service companies are experts in maximizing revenue collection by submitting claims accurately and quickly. They have the knowledge and experience to navigate complex billing rules and regulations to ensure that you receive the maximum reimbursement for your services. By outsourcing your billing, you can avoid costly… Read more »

What to Know About Uncompensated Care

What to Know About Uncompensated Care

While the Affordable Care Act has helped more Americans find healthcare insurance, there is still a significant portion of the population that is uninsured. As a result, many of them are unable to cover medical costs, resulting in uncompensated care for hospitals and physicians. This can not only hurt patients, but it can also hurt… Read more »

What is Value-Based Care?

What Is Value-Based Care?

The healthcare industry is ever-changing, and one of the most recent developments has been the push towards value-based care. As opposed to a fee-for-service model, value-based care emphasizes quality rather than quantity. Read on to learn more:   What is it?   Value-based care is a type of reimbursement that gives healthcare providers incentives based on the quality of… Read more »

How the Coronavirus is Impacting Revenue Cycle Management

As the coronavirus spreads across the country, hospitals and medical offices must manage the influx of patients to care for and tests to administer. This puts a tremendous strain on the day-to-day management of a healthcare facility, including those associated with revenue cycle management. While caring for patients is our number one priority, the financial… Read more »

Understanding the Patient Driven Payment Model

On October 1, 2019, Medicare shifted from a Resources Utilization Groups (RUGs) model to a new reimbursement model called the Patient Driven Payment Model (PDPM). This change has and will largely affect skilled nursing facilities (SNFs) such as physical therapists, speech pathologists, and audiologists. Considering how recent this change is, however, many physicians do not… Read more »