by Medical Accounts Systems | Jul 19, 2018 | Healthcare Revenue Cycle Management, medical revenue cycle
An article released on the website HealthITSecurity.com sheds some interesting light on a major name. Amazon continues to expand into other areas, including the healthcare field. However, the way the retailer is approaching the sensitive topic of patient privacy may...
by Medical Accounts Systems | Jul 17, 2018 | Healthcare Revenue Cycle Management, hospital extended business office
Revenue cycle management can already be stressful and time-consuming. You have to communicate with the patient and the insurance provider, keep track of data, and determine the amount of money the patient owes. Recently, a new factor has appeared that might put more...
by Medical Accounts Systems | Jul 12, 2018 | Healthcare Revenue Cycle Management, medical revenue cycle
Patient financial responsibility has increased tremendously over the years, leading to more stringent reimbursement. Out of pocket and deductible costs have risen over twenty percent since 2015, meaning there is greater pressure to collect all the money that a patient...
by Medical Accounts Systems | Jul 10, 2018 | Healthcare Revenue Cycle Management, hospital extended business office
Consider some of the following tips. Examine previous claims. By scrubbing through former claims, providers are better able to tackle future issues by examining similarities between these former claims and current ones. Patterns may arise in terms of denials which can...
by Medical Accounts Systems | Jul 5, 2018 | Healthcare Revenue Cycle Management, hospital bad debt, medical debt collection, medical revenue cycle
The Trump administration is being warned by experts in the healthcare industry that its proposal to move over some drugs covered by Medicare Part B to Part D would negatively impact care quality and provider reimbursement. In its efforts to lower the cost of drugs,...
by Medical Accounts Systems | Jul 3, 2018 | Healthcare Revenue Cycle Management, medical debt collection
Public health care programs may soon see a greater number of audits as the Centers for Medicare & Medicaid Services (CMS) seek to combat improper payments and Medicaid fraud. With Medicaid spending reaching more than half a billion in 2016, CMS has made the...