Our free guide will help you ask the right questions. — Increase the billing effectiveness and efficiency of your medical practice by downloading our free guide, “Essential Medical Billing Metrics.” Our free guide will discuss these metrics and more: Calculating your Days in A/R and understanding how it affects your medical practice Understanding how Contractual […]Read More
The business of running an independent medical practice becomes more complex with every passing year. There are new regulations, coding updates, changing payer rules and performance measures that can significantly affect reimbursement. Organizations put their cash flow and revenue at risk when they are slow to keep up with the updates necessary to keep their […]Read More
The relationship with your medical billing company should be a close one – after all, you are trusting them with the lifeblood of your business – your revenue and cash flow. If you are like most practices, you depend on their expertise, workflows, and professionalism to pay your staff and keep the lights on. […]Read More
The Centers for Medicaid and Medicare Services (CMS) issued its annual update to the Medicare Physician Fee Schedule The CMS issued a final rule regarding the Physician Fee Schedule that includes updates to payment policies, payment rates, and quality provisions for services furnished under the Medicare Physician Fee Schedule (PFS) on or after January 1, […]Read More
AMA releases 335 updated CPT Codes for 2019. The American Medical Association (AMA) announced the release of Current Procedural Terminology (CPT) Codes on September 5th, 2018. The new set of CPT codes will represent new technological and scientific advancements for reporting contemporary medical procedures according to the AMA. In addition, the AMA has urged the […]Read More
ICD-11 announced by the World Health Organization The International Classification of Diseases (ICD) is the basis for identifying global health trends and statistics. The codes which make up ICD encompass everything from injuries, disease, and causes of death. It allows health professionals to share health information by using the codes as a common language throughout […]Read More
Understanding the patient experience can help you better serve your patients, while also improving your day-to-day practice operations. Specific responses from patient feedback reviews can help you identify and address issues with almost anything within your practice. Patient feedback can also help you identify trends and understand whether issues are happening consistently or if it was just […]Read More
On average almost $15,000 per year is spent on investigating, appealing and reworking denied claims. Medical billing claim denials are constant headaches that negatively affect your practice’s revenue, cash flow, and efficiency. With the constantly changing regulations and payer rules, it can be difficult to stay ahead of everything and focus mainly on claim […]Read More
A recent healthcare trends report says 92% of consumers want to know payment responsibility prior to a provider visit. The above statement from a recent healthcare trends report are very eye-opening with regard to the state of patient collections in healthcare today. Over 90% of consumers are telling providers that they want to know more […]Read More
Medusind is pleased to announce the acquisition of Quantum Medical Business Services. Quantum Medical has specialized in medical billing and practice management for hospital-based physicians since 1987. They offer a wealth of services to various specialties with key focus areas in radiology, pathology, emergency medical services and radiation oncology. They are known for providing […]Read More
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