Medical Billing, Coding and Documentation Services

Send Regular Invoices and Statements to Maximize Practice Revenue

Posted by Harold Gibson on Tue, Dec 16, 2014

Keeping a regular flow of incoming cash is vital to your practice’s ability to survive in the modern economy. You need to know when you can expect payment, so you can balance that with all of your mounting costs. Unfortunately, patients that don’t pay right away can throw your whole system out of whack. That is why it is important for your practice to send invoices and statements on a regular basis. Don’t believe that it will help? Well, we have put together a list of a few reasons why it is a good idea.

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Tags: Medical Billing

7 Things Every Practice Should Remember About Medical Billing

Posted by Harold Gibson on Thu, Dec 11, 2014

Billing and collecting payments from insurance payers can be a long and complicated process. It helps if you know where issues usually arise, so you can avoid making those same common mistakes. To simplify things, we're laying out the seven things every practice should remember about medical billing:

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Tags: Medical Billing

The 6 Major Differences Between ICD-9 and ICD-10 Codes

Posted by Harold Gibson on Tue, Dec 09, 2014

The Department of Health and Human Services (HHS) recently announced that ICD-9 codes will be replaced by the newer ICD-10 codes beginning October 1, 2015. To be ready for the change, your office should begin preparing for the switch right now. To help you do this, we have put together a short list of things that you shouldn’t miss. Here are the 6 major differences between ICD-9 and ICD-10 codes you should know in order to simplify your switch to the new system.

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Tags: ICD-10

The 7 Credit Granting Policies All Medical Practices Should Implement

Posted by Harold Gibson on Thu, Dec 04, 2014

In order to minimize the time and energy spent on past-due account collections, your practice should start by creating a credit policy. Large corporations use strictly enforced guidelines for whom to grant credit to, and these practices can greatly impact the amount of bad debts that must be written off over a year. Small companies, particularly medical practices, can benefit from creating similar policies for their extensions of credit. This will help minimize your practice’s losses and will help to bolster your overall profitability.

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Tags: Medical Documentation

What Is Charge Validation And Is Your Practice Using It?

Posted by Harold Gibson on Tue, Dec 02, 2014

Efficient medical billing procedures are crucial to running a successful and profitable practice. One way to reduce errors and improve efficiency is by using charge validation, a process that helps discover medical necessity concerns and implements proper channels. Charge validation can drastically improve and amend documentation, thus making your medical billing process much more seamless.

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Tags: Medical Billing

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