The Mystery Of Medical Transcription
Medical transcription is an integral part of the healthcare industry, and an important element of any growing medical practice. Medical transcription was created to help doctors see more patients. Instead of spending hours taking notes and filling out medical records, doctors can simply record their notes verbally into a digital recorder. Once they are finished […]
In House Medical Billing vs. Outsourcing
The choice to conduct your medical billing in-house, or to outsource your medical billing to a medical billing company, is one of the most important decisions you’ll make for your growing healthcare practice. There is no right or wrong answer to the in-house vs. outsourcing battle, since there are pros and cons to each approach […]
How To Choose A Medical Billing Company
When choosing a medical billing company, it’s important to line up all the usual suspects. These are the services a medical billing company must provide in order to make outsourcing profitable for your practice. They include… The generation and submission of claims… Carrier follow-up…. Payment processing… Patient support and invoicing… And transfer to collection […]
What Is Money Factoring?
How can your medical practice stay afloat when it takes 30, 60, even 120 days for your customers to pay? The truth is that until you’re running an established practice, it’s very difficult to maintain a positive cash flow. One way around this problem is a process called money factoring. Money factoring allows you to […]
Document Imaging
Document imaging technology allows you to create, manage, and store electronic files in your medical practice, including digital versions of patient’s medical records. Document imaging reduces paper clutter, frees up office space, and provides an evergreen, electronic copy of the document that can’t be physically destroyed or lost. However, document imaging comes with certain risks […]
How to Find a Medical Management Firm
In order to find the right medical management firm for you practice, you must first decide what type of management firm is right for you. Some medical management firms solely offer staffing services, while others advise on all aspects of operations, including planning, project management, finance, and contracts. Once you have determined precisely what you […]
The Mystery Of Medical Transcription
Medical transcription is an integral part of the healthcare industry, and an important element of any growing medical practice. Medical transcription was created to help doctors see more patients. Instead of spending hours taking notes and filling out medical records, doctors can simply record their notes verbally into a digital recorder. Once they are finished […]
The Medical Coding Company That Could
Choosing an experienced medical coding company is one of the most important decisions you can make for your medical practice. A good medical coding company will prevent delays, mistakes, and rejected claims in your medical billing. When choosing a medical coding company, it’s important to find an experienced company that focuses solely on medical coding. […]
The Mystery Of Medical Coding
Medical coding is the first step in the medical billing process. When a patient receives treatment in a doctor’s office, the proper medical codes must be assigned in order to bill the patient or the insurance company. But which medical codes should be assigned in any given case? That’s where your medical coder comes in. […]