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Medical Billing, Coding and Documentation Services

ICD-10 Coding: Paving the Way to Better Data Analytics in Healthcare

Posted by Harold Gibson on Thu, May 21, 2015

There have been many types of healthcare data used within the public health industry for many years.  Way back in the 1600s, when the Black Death took place in London, there were weekly Bills of Mortality posted so that the public could see where the disease was spreading.  In today's age and time, though, healthcare data is distributed by many agencies, including the Centers for Disease Control and Prevention as well as the World Health Organization.  And not only is the data distributed by these entities, but it's also collected and analyzed, which enhances the overall effectiveness of today's healthcare practices.  

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Tags: ICD-10, Medical Billing

Keep Medical Practice on Track with Productivity Metrics

Posted by Harold Gibson on Tue, May 19, 2015

Many busy healthcare providers simply don’t have time or the staffing resources to identify and track all the different factors affecting a practice’s productivity. Dealing with daily business matters often leaves little time for assessing which benchmarks to use in comparing your practice to industry standards and figuring out how to implement the findings with an action plan for problem areas can be challenging. Providers and their administrators may find the following suggestions helpful for taking some of the guesswork out of using metrics and benchmarks effectively while saving time and resources.

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Tags: Medical Billing

Must Have ICD-10 Checklist for Medical Practices

Posted by Harold Gibson on Thu, May 14, 2015

When it comes to ICD-10, medical practices must not simply take into account the new revisions.  Instead, they must know them by heart and operate their medical facilities according to the new changes.  There are more than 68,000 diagnostic codes found in the ICD-10, whereas there are only about 13,000 found in ICD-9.  Because of the extensiveness of ICD-10, it is of paramount importance for medical practitioners to follow a ICD-10 checklist for medical practice. 
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Tags: ICD-10

Advantages of Data Analytics in Revenue Cycle Management

Posted by Harold Gibson on Tue, May 12, 2015

When it comes to revenue cycle management within a healthcare facility, it's especially beneficial to take advantage of data analytics.  And with cash flows on the decline and profit margins being tighter than ever before, there's no time to waste.  Let's take a closer look at the many benefits to be gained from data analytics in your revenue cycle management. 

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Tags: Medical Billing

7 Signs You Have a Great Medical Billing Process

Posted by Harold Gibson on Thu, Apr 30, 2015

The livelihood of your practice requires you to have the right procedures in place when it comes to medical billing. If even one aspect of this process is off, it can affect greatly affect your profits. Here are 7 signs you have a great medical billing process, so you can tailor yours to achieve the best results possible.

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Tags: Medical Coding, Medical Billing

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