Did you know that many of the chief financial officers (CFOs) involved in the 2018 CFO Outlook Performance Management Trends and Priorities in Healthcare listed cost reduction as their no. 1 priority? How Outsourcing Your Medical Billing Service Can Help Your Practice Outsourcing your medical billing services can bring benefits to your medical practice such […]
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Most people usually think of data in abstract terms. In other words, as a set of numbers or similar digital information. And doctors are no exception. However, modern-day voice recognition technology has helped increase the efficiency of the health care industry. Furthermore, it has also managed to accrue certain, highly visible financial benefits for the
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The Department of Health and Human Services (HHS) Office for Civil Rights (OCR) has called the HIPAA physical security safeguards for electronic protected health information (ePHI), an “often overlooked” element of the HIPAA Security Rule. There is a common trend among health care professionals to favor cybersecurity safeguards over HIPAA physical security measures, which is
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Managing and maintaining Accounts Receivable is not always uncomplicated, but it is one of the most important and necessary aspects of medical billing. Accounts Receivable (A/R), which fundamentally is referring to charges still awaiting payment for services rendered. It is essential that everyone on the medical billing team understand what A/R means for the practice.
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Medical billing services are imperative, and if you are like most physicians who run a medical practice, you understand how important medical billing services are to your business. Patient care is the priority of every hospital, medical or dental practice, but could be comprised if you are doing your medical billing in house. Medical
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Outsourcing your medical billing is essential if leveraging your technology is getting more difficult to handle. When it comes to implementing a cloud based medical billing solution for your hospital, orthopedic group, physical therapy center or medical practice, RevPro Healthcare Solutions has the administrative support to manage your health care facility more efficiently. If your
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If medical billing is causing undue stress, it’s time to call RevPro Health Care. RevPro are the medical billing experts and can help you get back to what you do best, providing medical care. Below are some reasons that you should consider RevPro Health Care for your medical billing issues. Profit Margins A medical billing
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Effective Jan 1, 2017, there are a number of changes for pain management billing. The AMA has added and deleted a number of billing codes. Following are the pain management coding changes for 2017: New Epidural Codes – Cervical or Thoracic The following are new injection codes for diagnostic or therapeutic substances, not including neurolytic
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Following are examples of HIPAA violations that took place in 2017. Each one is a nightmare that healthcare organizations should hope to avoid. The average drop in revenue at a healthcare provider after a data breach is almost $4 million, and that kind of breach is overwhelming. In April of 2017, Augusta University Medical Center
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Thinking about how to reduce administrative costs, ensure an uninterrupted cash flow, increase your bottom line, and most importantly, allow you to focus on your patients? Then hiring a skilled medical billing service can be just the answer for your healthcare practice. But first, you have to choose the right company to work with. Following
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