The Difference Between Modifier 52 and Modifier 53 in Medical Billing?

In the complicated world of medical billing and coding, accuracy is the key. This is especially true when looking at the details of procedures and services provided to patients. Hence, it becomes crucial for healthcare providers to stay up to date with billing and coding terminologies. This prevents loss of revenue and ensures compliance.  When… Continue reading The Difference Between Modifier 52 and Modifier 53 in Medical Billing?

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How IPAs Make Healthcare Better for You: Understanding the Key Benefits

There is a new trend in the aspect of attending to health matters, and this one claims to be a game changer, Independent Practice Associations, or so-called IPAs. It does sound pretty complicated, but worry not! We will let you understand in the simplest way possible. Unveiling IPAs: Your Health Teammates Let’s say you are… Continue reading How IPAs Make Healthcare Better for You: Understanding the Key Benefits

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What is Medicare Sequestration and Its Effects on Medical Billing

Medicare sequestration may seem complicated, but it is an important part of healthcare financing that affects drug billing in the United States. In this blog post, we explain what Medicare follow-up is and how it applies to medical bills. Let’s make it simple! Understanding Medicare Sequestration: Medicare Sequestration is like a government savings plan. It’s… Continue reading What is Medicare Sequestration and Its Effects on Medical Billing

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Best digital marketing tips for your medical practice.

Best Digital Marketing Tips For Your Healthcare Practice A decade back, marketing practices were way different than what exists today. Then, developing and implementing a marketing campaign meant running different ads on the radio or placing some print ads in the newspapers. That was mostly it. But today, the game is different. There are too… Continue reading Best digital marketing tips for your medical practice.

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Who Is A Revenue Cycle Specialist, & What Do They Do?

Revenue Cycle Specialists: Who are they, and what do they do? Financially strong practices can withstand fierce competition and ever-changing healthcare dynamics. Today, a pandemic later, a realization has changed how practices see their revenue cycle.  As of now, few roles are vital to the long-term financial integrity of any healthcare organization. People who can… Continue reading Who Is A Revenue Cycle Specialist, & What Do They Do?

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Medical credentialing services are vital to practices in more than one way.

Importance of Medical Credentialing In Healthcare Medical provider credentialing is a process through which healthcare facilities and insurance companies access and confirm the qualification of a provider. The process is vital as it helps maintain high standards in healthcare. Since credentialing tells us whether a provider has the necessary training or expertise to practice healing… Continue reading Medical credentialing services are vital to practices in more than one way.

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What makes Insurance eligibility verification so crucial in the healthcare world?

Insurance Eligibility Verification- What is the buzz about? Did you know that two out of five claim denials are related to insurance coverage? As a result, practices lose millions in revenue annually because the eligibility has expired or the plan did not cover the patient. To avoid such losses, practices must invest in a robust… Continue reading What makes Insurance eligibility verification so crucial in the healthcare world?

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The Crucial Relevance of Healthcare Billing Services Today

As much as practices deny it, they run as businesses. Agreed that the goal is different from other private enterprises, but all businesses are striving towards a common goal- The goal to survive and become financially sound. It means one thing. Healthcare billing services are inarguably the backbone of any practice.  That is why more… Continue reading The Crucial Relevance of Healthcare Billing Services Today

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The Crucial Difference between Medical Billing & Revenue Cycle Managements

COVID-19 wreaked havoc on the entire world. There was a lot of financial uncertainty in the earlier stages, which is probably still being addressed. Healthcare institutions were no different. Both small and large practices suffered considerable losses in revenue. Patients were staying at home in large numbers. People were terrified to go outside among the… Continue reading The Crucial Difference between Medical Billing & Revenue Cycle Managements

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Why is Patients Eligibility Verification Important?

You must have heard of the 17th-century proverb, “Prevention is the best cure.” This prover found its roots in the medical profession, and today it is finding a stronger calling in the same profession, but for a different reason.  Recent studies show that “claim denials” are rising, putting your cash flow at risk. Denials are… Continue reading Why is Patients Eligibility Verification Important?

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