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Can Medical Billing Outsourcing Help Providers In 2023?

Medisys Compliance

The global medical outsourcing industry will reach $449.6 billion by 2023, predicts a 2019 market analysis. This means that by outsourcing these tasks, practices can boost revenue and essentially expand their personnel to include specialists who keep up with any developments in medical billing. Conclusion.

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Medical Billing Company Owner Pleads Guilty to Failing to Pay $2 Million in Payroll Taxes 

Healthcare Compliance Blog

On 18 different occasions from the first quarter of 2016 through the fourth quarter of 2019, she withheld payroll taxes from her employees’ paychecks. The post Medical Billing Company Owner Pleads Guilty to Failing to Pay $2 Million in Payroll Taxes appeared first on Med-Net. The withheld taxes totaled over $900,000.

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A Detailed Guide On Optometry Billing Services

Medisys Compliance

Are you someone who is just getting started with your optometry services and are not aware of the billing and coding services? Are you a seasoned professional, yet the huge amount of paperwork in regards with medical billing and coding has put you in a rut? Increasing collections is a key component of a revenue-growth plan.

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OCR Announces 11 Further Financial Penalties for HIPAA Right of Access Failures

HIPAA Journal

The Department of Health and Human Services’ Office for Civil Rights has sent a warning to healthcare providers about the importance of compliance with the HIPAA Right of Access with the announcement that a further 11 financial penalties for HIPAA-covered entities that have failed to provide patients with timely access to their medical records.

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AI and Algorithms: An Effective Approach to Medical Claims Processing

AIHC

AI-Powered Challenges Historically, rule-based algorithms for coding and claim adjustments (also known as coding-related edits) were created to streamline the claims adjudication and payment procedure for providers sending medical bills to payers. Opportunity: One or more edits caused the entire claim to be rejected 1.2

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Understanding Basics of Alternative Payment Models (APMs)

Medisys Compliance

Medisys Data Solutions is a leading medical billing company providing billing and coding services for various medical billing specialities. If you need any assistance in medical billing for your practice, contact us at info@medisysdata.com/ 302-261-9187. Reference: Medicaid alternative payment models.

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Tips for Improving Prior Authorization Process

Medisys Compliance

Pre-authorization in medical billing helps in the hassle-free claim of bills. 21 percent of prior authorizations were submitted electronically in 2019. Medisys Data Solutions is a leading medical billing company providing prior authorization services. Maximize the use of technology.