including more patient responsibility and increasing the intricacy of the already complex healthcare landscape, ensuring a sound revenue cycle management is becoming a back-breaking task for the healthcare operators around the nation, but there is no scope for mistakes. Practices and providers have to ensure that billing and claim management is smooth and their rate of collection keep increasing.
Checkout for more information:- https://www.medphine.com/blog/revenue-cycle-paralysis-optimize-...
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Dispensing quality care and treatment to the patients has always been the primary goal and concerns of the healthcare industry. Every year we come across latest technological advancement that further streamline the care process. One such most recent term in the health ecosystem is interoperability.
Check out for more information:- https://www.medphine.com/blog/healthcare-api-and-interoperability-what-do-you-need-to-know
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Healthcare Cyber-risk Because of the wealth of data that healthcare providers hold, breaches and compromises can have far-reaching consequences for consumers, and the valuable research being conducted within some of these institutions continues to be an attractive target for nation-states seeking to leapfrog their domestic industries, the report noted.â€
Check out for more update:- https://www.medphine.com/blog/healthcare-cyber-risk-you-need-to-prepare-for-in-2019
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No matter how much physicians loathe the process of having to engage in a back and forth conversation with the healthcare insurance provider before going through with the medication or procedure, prior authorization as of now is mandatory.
What is prior authorization?
While deemed as an insult to the qualification and integrity of the physicians, prior authorization is significant in the healthcare industry. Only when the medical practitioners have the approval from the concerned organizati...
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Every Mental health care organization irrespective of its size, needs a sound Medical Billing partner to manage and help your revenue cycle flow in a sustainable way.
For mental health care providers it becomes really tough to manage their revenue cycle effectively as they offer.
For more information visit us:- https://www.medphine.com/services/behavioral-health
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Pediatric coding and billing requires different kind of speciality to ensure proper reimbursement. The range of services offered by Pediatrics are varide and wide.
They need to deal with infants, toddlers, teenagers and their varied problems. It is impossible to focus on billing guidelines while also thinking about so many
procedures, treatments, conditions, diverse range of problems.
For more information visit us:- https://www.medphine.com/services/pediatrics
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How accessible are your treatment, care, and other services to the patient, is essential to maintain the financial health and reputation of your healthcare practice. This is termed as patient access. It gives the patient and the caregiver the freedom to take charge of their health and be able to make a well-informed decision regarding their medical care.
For more info:- https://www.medphine.com/blog/improve-rcm-with-patient-access-automation
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No longer is only the provider bearing the burden of financial responsibility, medical billing outsource with the liability now shifted more towards the patients. Furthermore,
the high deductible policies and the yearly escalation of the number of co-pays and insurance,the out of pocket expense for the patient’s have significantly increased, making it extremely difficult for the healthcare provider to get timely collections.
For more info:- https://www.medphine.com/blog/tips-to-improve-p...
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Medphine have deciphered the secret behind optimal transcription services and employed it to support hundreds of healthcare providers across USA. Our core achievement is winning the trust of our clients and becoming their preferred transcription service provider.
For more info:- https://www.medphine.com/services/medical-transcription
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Reduce the denial rate to 2% by hiring Medphine to verify benefits and eligibility for your patients. Insurance companies have stated that 4 out of 10 denied claims of a provider are due to clerical error Charge entry into a provide management system or software is the first step of the revenue cycle and often most underestimated as well. In this process, already created patient accounts are assigned appropriate codes as per the service provided to them by the healthcare provider.
For more i...
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Medphine is best in medical billing and coding businesses. We have expert medical billing and coding consultants who are certified billing and coding specialists of India. Medphine have mastered the art of generating clean claims for the providers and to accomplish the goal of getting paid through the first submission.It has become crucial for healthcare providers to take care while coding claims, because payers have become highly vigilant in adjudication and reimbursement of claims.
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“best medical billing companies†the famous phrase that asks us to be prepared than to lament about it afterwards. We provide you best medical billing claims service. A medical survey has shown that 6% insured individuals forget to renew their health insurance coverage annually and as a result they have to pay for the services from their pocket that account for almost 30% of their annual insurance premium.
For more info:- https://www.medphine.com/services/insurance-verification
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