Top 5 Challenges in Medical Billing and How Outsourcing Overcomes Them
Medical billing is the most important step in a healthcare organization’s revenue cycle. Firstly, a patient’s visit is coded by medical coders, and then, billers take those codes to generate a claim. A medical billing specialist reviews the work of the medical coder and checks the bill for any potential errors, so that insurance claims […]
Integrating Medical Transcription With Billing and Coding for Efficient Revenue Cycle Management
Medical transcription is the process of converting spoken medical encounters (doctor’s dictation, progress notes, operative reports, etc.) into written or electronic text that becomes part of the official patient record. It serves as the bridge between the clinician’s narrative and the structured data needed for claims. In practice, high-quality transcription ensures that every diagnosis, procedure, […]
How to Handle Medical Billing for Multi-Specialty Practices: Challenges and Solutions
In todays twisty healthcare world, many people love the convenience of walking into one office and seeing a heart doctor, a skin doctor, and a knee doctor all in the same hallway. That handy setup makes things easier for patients and lets providers share notes quickly, yet it also turns billing and revenue chores into […]
Difference Between Hospital Billing and Physician Billing
In the intricate world of medical billing, it is crucial to know the difference between hospital billing and physician billing. Although both procedures are designed to ensure reimbursement for healthcare services, they have different purposes and follow different procedures. Being aware of these differences can assist healthcare providers, insurance companies, and patients in navigating the […]