Category: Blog

Hidden EFT fees

Hidden EFT Fees Threaten Doctors’ Earnings and Patient Care

Most Americans prefer the convenience of direct deposit for their paychecks. However, imagine if your employer deducted a 2-5% fee from each paycheck to cover the cost of electronic payments. While it seems absurd, this is the reality for many doctors in the U.S. Healthcare insurers and their payment processors often impose hidden EFT fees […]
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Medical Documentation for Better Reimbursement

5 Key Ways to Improve Medical Documentation for Better Reimbursement

Providers and coders should work together to maximize reimbursement by ensuring accurate coding, which is validated by thorough medical documentation. By focusing on ways to improve medical documentation for better reimbursement, providers can enhance patient care and ensure accurate reimbursement. Here are five ways to improve documentation, patient care, and reimbursement: 1.  Avoid EHR Shortcuts […]
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Front-End Revenue Cycle Management

The Importance of Front-End Revenue Cycle Management in Healthcare

The success of a healthcare provider’s financial performance hinges heavily on the efficiency of its front-end revenue cycle management. While the mid and back-end processes, such as coding, billing, and denials management, often receive significant attention, it’s crucial to recognize the profound impact of pre-encounter activities on overall revenue cycle efficiency. Front-end revenue cycle encompasses […]
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Cyberattacks on healthcare organizations

Cyberattacks on Healthcare Organizations Rise, Disrupting Patient Care

A new survey reveals a significant rise in cyberattacks on healthcare organizations since 2023. These attacks have led to substantial disruptions in patient care, with the average attack costing organizations nearly $1.5 million. According to the survey, 92% of healthcare IT and security professionals reported at least one cyberattack in the past year, up from […]
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medical claims processing

The Power of Business Process Automation in Medical Claims Processing

Medical claims processing has traditionally been a labor-intensive and error-prone task, involving manual data entry, verification, and adjudication. However, the advent of Business Process Automation (BPA) has revolutionized this process, making it more efficient, accurate, and cost-effective. Beyond the Basics: Advanced BPA Features While the core functionality of BPA in medical claims processing involves automating […]
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CPT license

FAQs: Do you need a CPT license to use CPT codes

The CPT license to use CPT codes is required for accessing the CPT code set, which is developed and maintained by the AMA as the standard medical language for reporting procedures and services in the US. This system is used by both public and private health insurance programs. CPT codes are also used for administrative […]
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HIPAA Compliance and Ransomware Attacks

HIPAA Compliance and Ransomware Attacks: What Need to Know

The U.S. Department of Health and Human Services (HHS) recently announced a $250,000 settlement with a Washington-based healthcare provider for alleged HIPAA violations. The violation stemmed from a ransomware attack and subsequent investigation by the HHS Office for Civil Rights (OCR) Ransomware Attacks and HIPAA Compliance: Protecting Patient Data: This settlement highlights a growing concern […]
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ICD-10 For Natural Disaster

ICD-10 Codes Related to Natural Disasters

The International Classification of Diseases, 10th Revision (ICD-10), is a standardized medical classification system developed by the World Health Organization (WHO). It categorizes diseases, injuries, and other health conditions, including ICD-10 Codes for Natural Disasters. For natural disasters, the ICD-10 provides specific codes to classify related injuries and health issues. Here are some of the […]
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Healthcare cyberattacks

Healthcare Cyberattacks: Protecting Small Practices from Rising Threats

Healthcare providers face a rising tide of Healthcare cyberattacks, which can have devastating consequences. These attacks are becoming more frequent and costly, and healthcare organizations are spending more than any other industry to recover from them. Small Practices at Risk: Small healthcare providers are particularly vulnerable to Healthcare cyberattacks due to limited resources and staff. […]
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Prevent Coding and Billing Errors

Preventing coding and billing errors can reduce claims denials

Accurate medical coding and billing are essential components of a healthcare practice’s financial health. When codes for procedures and diagnoses are recorded correctly, providers can receive timely reimbursements for the services they deliver. However, Prevent coding and billing errors can lead to claim denials, delays in payments, and increased administrative burden This blog post will […]
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