Choosing the right service for your billing may be among the most important decisions for your practice. Use this guide to make sure you’re covering all of your bases when selecting this important partner. Learn why you should outsource your billing now and how to find medical billing service providers. In addition, this guide will tell you what questions to ask during your selection process and more.
Achieving the highest revenue potential in your medical practice is only found through applying innovative and proven operational principles. The Revenue Cycle Mastery Training and Companion Guide outlines how to implement these industry best practices and secure reimbursements in your practice.
Eliminate buyer’s remorse! Make the right software choice for your medical practice the first time. This paper includes a comprehensive checklist of features and functionality that you must consider in your search for medical software. Cut to the chase to be aware of hidden costs, contract terms, and true ROI.
This white paper provides an overview of core objectives and menu objectives to make your practice a Meaningful Use guru! Content includes the Objective Appendix for detailed insight into Meaningful Use achievement.
This paper identifies what medical offices need to know about ICD-10 codes including: Facts, timing & impact of ICD-10 medical codes; expansion of ICD medical code base; ICD-10 impact on the medical practice and comparison table of ICD-9 & ICD-10 diagnosis medical codes.
Getting Ready for ICD-10 April 10, 2012
On October 1, 2013, U.S. providers will be required to move from the current ICD-9 coding standards to ICD-10 in their practice management and electronic medical record systems. The changes represented in ICD-10, while sweeping in their scope, are not beyond the ability of medical practices to adopt. The earlier you begin, the easier the changeover will be. In this whitepaper learn the basics of ICD-10, the differences between ICD-9 and ICD-10, the benefits ICD-10 will provide and what you should be doing now to prepare.
As healthcare costs and insurance premiums continue to rise at a pace far surpassing inflation, payers have responded to the mounting economic pressures by employing complex billing and coding rules to eliminate inappropriate payments. Lacking adequate error detection and research tools, the typical healthcare business suffers from a backlog of denied claims and diminished revenues.
Healthcare co-payments now account for 20% of total revenue in the typical physician practice, but providers who have not adopted the current set of industry best practices generally only collect 50-60% of these payments. By implementing the best practices in this whitepaper, healthcare providers can increase collection rates to over 90% and decrease billing expenses, both of which contribute to wider operating margins and a healthier bottom line.
As healthcare expenditures continue to rise, politicians and employers have sought after ways to slow the growth of healthcare expenses and the budget shortfalls which accompany these increases. While most solutions proposed to fix America's healthcare crisis have been met with intense debate and criticism, virtually all parties agree that efforts to improve prevention and the quality of care delivered are crucial for the success of any reform. In 2007, CMS took its first step towards “pay for performance” reimbursements by launching the Physician Quality Reporting System (PQRS). In this whitepaper, you will learn about the PQRS program and best practices for participation.
While cash flow is the most common metric practices use to determine financial health – it isn’t the only one that should be monitored. There are other key metrics that are just as important for guaranteeing revenue cycle success. Being proactive about measuring and monitoring these important additional key metrics can help you catch costly errors so your practice can enjoy fewer denials, faster payments and greater profitability. Download this free resource guide to learn more!