Medisys Compliance

DECEMBER 19, 2022

The more metrics you have on the state of your bills, the better, your accounting team will be pleased to tell you. This is why tracking key performance indicators for medical billing will take center stage in many clinics. The most significant billing and collections key performance indicators are shown below (KPIs).

Medical Billing Services 98

Medical Billing Services Medical Billing Medical Billing Outsourcing Hospitals 98

HIT Consultant

JULY 26, 2023

Additionally, the study highlighted key themes related to health management, healthcare costs, medical privacy, and billing disputes. Overwhelmed (30%): The Overwhelmed segment expressed significant stress and anxiety when managing healthcare and medical bills.

Medical Billing 98

Medical Billing Fraud Health Insurance Doctors 98

Medisys Compliance

AUGUST 29, 2022

Healthcare professionals are having trouble keeping up with patient absences and late visits as a result of the pandemic’s widespread unemployment and lack of insurance and medical billing has become a tedious task. To achieve the practice’s much-needed stability, outsourcing medical billing are therefore required.

Medical Billing Services 98

Medical Billing Services Medical Billing Medical Billing Outsourcing COVID-19 98

Medisys Compliance

OCTOBER 27, 2023

Introduction In the complex world of healthcare in the United States, small medical practices often face the challenge of managing their medical billing effectively. The term ‘medical billing for small practices’ encompasses a wide array of topics that are crucial for these healthcare providers.

Medical Billing 59

Medical Billing Medical Billing Services Medical Billing Outsourcing Medicaid 59

Medisys Compliance

NOVEMBER 16, 2023

Introduction Efficient medical billing is a critical aspect of managing a successful podiatry practice. Podiatrists, specializing in foot and ankle health, often face unique challenges in navigating the complex landscape of medical billing. This can help to reduce the number of errors and improve the accuracy of claims.

Medical Billing 59

Medical Billing Medical Billing Outsourcing Patient Satisfaction Health Insurance 59

Health Populi

FEBRUARY 22, 2024

health citizens are worried about unexpected medical bills (net 74%), the cost of health care services (net 74%), their prescription drug costs (net 55%) and their monthly health insurance premium (net 48%), shown in the second bar chart. economy is “not so good” or “poor.” ” More granularly, most U.S.

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Medical Billing Health Insurance Health Care Access ACA 77

Medisys Compliance

DECEMBER 5, 2022

If you work as a medical professional or oversee a healthcare facility, you’ve probably encountered a myriad range of challenges on the surface and deep-rooted ones when it comes to medical billing and collections. Your medical billing function can be outsourced, which is a terrific approach to handle such issues.

Medical Billing Outsourcing 69

Medical Billing Outsourcing Medical Billing Medical Billing Services Doctors 69

Medisys Compliance

DECEMBER 7, 2022

A successful medical practice typically thanks its in-house medical billing staff for contributing to the practice’s success. It goes without saying that billing for medical services requires a lot of effort and time. It should be noted that billing demands knowledge and attention to be handled properly.

Medical Billing Outsourcing 59

Medical Billing Outsourcing Medical Billing Medical Billing Services Hospitals 59

Medisys Compliance

NOVEMBER 1, 2023

Effective medical billing is essential for healthcare organizations to maintain financial stability and ensure accurate reimbursement. One critical aspect of the medical billing process is accurate charge entry. Some of the most common errors include incorrect coding, missing information, and duplicate charges.

Medical Billing 59

Medical Billing Medical Billing Outsourcing Medical Billing Services Medicaid 59

Medisys Compliance

APRIL 12, 2023

Importance of Family Practice Medical Billing Family practice medical billing is an essential aspect of the healthcare industry. Accurate and timely billing ensures that healthcare providers receive payment for the services they provide to patients. How it’s Different from Other Specialities?

Medical Billing 52

Medical Billing Medical Billing Services Medical Billing Outsourcing Compliance 52

Medisys Compliance

JANUARY 27, 2023

Medical billing and coding for cardiology services is a complex process that requires a thorough understanding of the billing codes, reimbursement rules, and regulations related to cardiology. The purpose of cardiology billing services is to collect patient charges and record them in the medical record.

Medical Billing 52

Medical Billing Medical Billing Outsourcing Medical Billing Services Governance 52

Medisys Compliance

SEPTEMBER 7, 2022

With thousands of different codes, intricacies, and reimbursement calculations used by scores of medical settings, medical billing is now super-complicated. Or perhaps it has been made complicated by the ones who handle your medical billing services. First let’s understand, what is the meaning of Medical Billing?

Medical Billing Services 52

Medical Billing Services Medical Billing Medical Billing Outsourcing Doctors 52

Medisys Compliance

FEBRUARY 11, 2022

Medical billing is a much more comprehensive process than just claim submission. Medical billing includes all activities assisting in revenue generation. Improving your medical billing efficiency means improving all above-mentioned medical billing activities and team performance of billing, coding, and AR team.

Medical Billing 52

Medical Billing Medical Billing Outsourcing Medical Billing Services 52

Medisys Compliance

OCTOBER 16, 2023

Medical billing is an essential aspect of any healthcare facility’s operation, and when it comes to specialties like anesthesiology, it requires meticulous attention to detail. Cutting-Edge Technology: In the digital age, technology plays a pivotal role in medical billing.

Medical Billing 59

Medical Billing Medical Billing Outsourcing Compliance Medicaid 59

Medisys Compliance

JULY 27, 2023

Medisys Data Solutions (MDS) understand the challenges that healthcare professionals face when it comes to medical billing and coding in Kentucky. The complex landscape of billing regulations, ever-evolving guidelines, and the need for compliance can be overwhelming. Some payers may have specific enrollment requirements.

Medical Billing 52

Medical Billing Medicaid Medicaid Telemedicine 52

Medisys Compliance

APRIL 28, 2023

About Medisys Data Solutions Medisys Data Solutions is a reputable medical billing company that has been providing reliable and efficient medical billing services in Ohio for several years. Our professional services include everything from billing and coding to claims management and denial management.

Medical Billing Services 52

Medical Billing Services Medical Billing Medical Billing Outsourcing Medicare 52

Medisys Compliance

JUNE 22, 2023

Efficient medical billing is crucial for healthcare providers in Mississippi to ensure a steady revenue stream and maintain a smooth financial operation. In this article, we will introduce Medisys Data Solutions (MDS) , the most trusted medical billing company in Mississippi.

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Medical Billing Medical Billing Outsourcing Compliance Medical Billing Services 52

Medisys Compliance

DECEMBER 1, 2022

Healthcare firms still need to manage a lot of monotonous and continuous administrative responsibilities like medical billing in addition to offering their patients high-quality medical care. Doesn’t that sound like a lot on the plates of the medical settings? Well, it is! These errors result in claim denials.

Medical Billing 52

Medical Billing Medical Billing Outsourcing US Department of Health and Human Services Doctors 52

Medisys Compliance

JANUARY 17, 2023

If you’ve ever questioned about outsourcing your medical billing, this article will go through all the benefits it offers you in terms of operations, and all the reasons to outsource medical billing. Now, let’s consider the factors to consider when outsourcing Behavioral Health medical billing: 1.

Medical Billing 52

Medical Billing Medical Billing Outsourcing Medical Billing Services Doctors 52

Medisys Compliance

FEBRUARY 2, 2022

The simpler way to get paid faster is by outsourcing your medical billing operations to a billing company. There are lots of advantages of outsourcing your medical billing operations to a billing company. Medical billing companies offer complete Revenue Cycle Management (RCM) services.

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Medical Billing Medical Billing Outsourcing Medical Billing Services HIPAA 52

AIHC

JUNE 27, 2023

Written by: Rana Awais Coding, Billing, IT Expert In today's rapidly advancing healthcare landscape, medical billing has become a critical aspect of running a successful medical practice. Efficient and accurate billing processes are essential for healthcare providers to receive timely payments for their services.

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Medical Billing Services Medical Billing Compliance Fraud 52

AIHC

MARCH 10, 2023

Written by: Eve Liam The evolving healthcare industry makes the revenue cycle management complex and billing teams need to stay aligned with the latest updates. Likewise, changes in the billing guidelines and technology integration in healthcare makes cardiology medical billing challenging.

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Medical Billing Medical Billing Services Healthcare information Technology Compliance 52

HIPAA Journal

APRIL 8, 2022

An extensive review was conducted on the emails in the accounts to determine which patient information had potentially been accessed. The forensic investigation suggests the attacker was not attempting to access patient data, instead, the aim appeared to be to collect employee login information, but data theft could not be ruled out.

Medical Billing 110

Medical Billing Licensing Health Insurance Medicaid 110

Medisys Compliance

DECEMBER 9, 2022

Let’s glance through some of these proactive strategies to optimize medical billing services in 2023, shall we? It is preferable for practitioners looking for simple and organized billing service solutions to outsource medical billing to other businesses. They are also obliged to keep current with these rules.

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Medical Billing Services Medical Billing Medical Billing Outsourcing Doctors 52

Healthcare Law Blog

MARCH 1, 2022

Texas HB 1445, which went into effect on January 1, 2022, exempts medical billing services performed before the submission of the relevant insurance claim from state sales tax. The new legislation legally exempts medical billing services from the statutory definition of taxable “insurance services.” Industry Caution.

Medical Billing Services 52

Medical Billing Services Medical Billing 52

Medisys Compliance

MARCH 29, 2022

While following mentioned write-offs represent inefficiencies in your medical billing operations. Most practices take insurance details in advance and in the case of new payers, they inform patients about non-coverage and self-pay situations. Write-offs are part of medical billing but need to keep them under check all the time.

Medical Billing 52

Medical Billing Medical Billing Outsourcing Medicare Medicare 52

Medisys Compliance

MARCH 25, 2022

AR days is an important indicator to represent financial health of any practice so accurately calculating AR days in medical billing will result in taking appropriate follow up actions. Most experts agree that an average AR days measurement above 50 indicates a problem in medical billing or collection processes.

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Medical Billing Medical Billing Outsourcing Medical Billing Services Hospitals 52

HIT Consultant

DECEMBER 9, 2021

What You Should Know: A new AKASA survey highlight the challenges hospitals and health systems face when trying to prevent surprise medical bills. Financial leaders at hospitals and health systems ranked the following four key barriers as all high stressors in the push to prevent surprise medical bills: 1.

Medical Billing 52

Medical Billing Hospitals 52

Medisys Compliance

FEBRUARY 14, 2022

In this article, we have listed medical billing challenges in Geriatrics with respect to various place of service. Many tests or procedures may be performed in the clinic, and Medicare is likely to ‘bundle’ and reduce payment unless medical necessity is met. Ambulatory Setting.

Medical Billing 52

Medical Billing Medical Billing Outsourcing Medicare Medicare 52

HIT Consultant

SEPTEMBER 19, 2023

A significant 71% of consumers would be more inclined to seek medical financial aid if they had accessible and clear options. Navigating the complex healthcare ecosystem remains a challenge, as 73% of consumers desire a unified platform to view real-time benefits information alongside their provider bills.

Medical Billing 110

Medical Billing Health Insurance Hospitals 110

Health Populi

DECEMBER 9, 2021

” Younger people point to the government’s and provider’s responsibility for informing and educating them on health insurance coverage, along with health plans. Even when they are aware of health care prices available online, one-third still do not research that information. A little kindness goes a long way indeed.”

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Medical Billing Health Insurance Medicaid Medicaid 73

HIT Consultant

DECEMBER 10, 2021

What You Should Know: – More than half (55%) of consumers find it stressful paying a medical bill, understanding their plan’s coverage and benefits (53%) or comprehending what they owe (53%), according to results of Cedar’s Annual Healthcare Consumer Experience Study. Medical bills are a mystery to most patients.

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Medical Billing 52

Medisys Compliance

MAY 17, 2024

Missing or Incomplete Information: Claims with missing documentation or unclear notes may be denied for further review. Gather Supporting Documentation: The appeal should be a well-crafted document outlining the reason for the denial and providing additional information to support the medical necessity of the service.

Medical Billing Outsourcing 59

Medical Billing Outsourcing Medical Billing Medical Billing Services Medicaid 59

Health Populi

FEBRUARY 24, 2020

Prioritizing the digital health experience, with financial health baked into the front-end and not just the back-end bill payment and ex post facto EOB from the health plan will help reverse this era of eroding trust between patient and hospital.

Medical Billing 90

Medical Billing Patient Satisfaction Hospitals Doctors 90

Medisys Compliance

APRIL 15, 2024

Introduction The world of medical billing can be complex, and urology is no exception. The good news is that staying informed about the latest Current Procedural Terminology (CPT) code updates can help ensure your practice receives proper reimbursement for services rendered.

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Medical Billing Outsourcing Medical Billing Medical Billing Services Medicaid 64

Medisys Compliance

APRIL 25, 2024

Promoting Interoperability: This incentivizes electronic health information (EHI) exchange to improve care coordination. Remember, staying informed, focusing on quality, and utilizing technology can make navigating MACRA a smoother journey for your cardiology practice. MACRA regulations are subject to change.

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Medical Billing Outsourcing Medical Billing Medicare Medicare 64

Healthcare IT Today

SEPTEMBER 24, 2023

Because there’s so much happening out there in healthcare IT we aren’t able to cover in our full articles, we still want to make sure you’re informed of all the latest news, announcements, and stories happening to help you better do your job.

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Medical Billing Department of Veterans Affairs Medicare Medicare 110