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
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
eQA is an easy and efficient solution for MIPS / MACRA reporting. Medusind is offering eQA — a cloud-based and HIPAA compliant software platform designed to give anesthesia providers the ability to enter QA occurrences quickly and efficiently. The system allows users to transition away from paper quality forms and utilize an easier, more efficient and effective solution for […]Read More
Understanding these medical billing metrics will help optimize your revenue cycle. Monitoring your practice’s performance while providing exceptional patient care is vital to your medical group’s success. As a healthcare provider, there are several medical billing metrics that determine your practice’s billing effectiveness and efficiency. The following medical billing metrics will provide a brief description […]Read More
Maintaining a profitable medical practice means your business should operate with a high level of efficiency. Once you have consistently maintained an efficient workflow, you can begin to look at ways to improve your medical practice revenue. However, this can prove to be challenging when dealing with the everyday operations of your business. As a healthcare […]Read More
Medusind’s Medical Billing Services Improve Dr. Arison’s Cashflow & Practice Efficiency. About Dr. Arison: Dr. Arison is a general vascular surgeon based in Fort Lauderdale, Florida with affiliations to Holy Cross Hospital and Broward Health Medical Center. Having been in practice for over 20 years, Dr. Arison’s medical group consists of three surgeons and office support staff. From […]Read More
Reducing claim denials should be an ongoing effort by every medical practice to improve office efficiency and cash flow. A recent study by the American Medical Association (AMA) found that on average almost $15,000 per year is spent on investigating, appealing and reworking denied claims. Having a high denial rate means more time and […]Read More
The net collection rate is an essential medical billing metric to measure the ability of your practice to collect the money it is owed. By understanding the net collection rate, you will have a better grasp on how effective you are in collecting money owed to your practice. This easy to calculate metric will provide […]Read More
The Centers for Medicare and Medicaid Services has ended the year-long ICD-10 grace period. On October 1st, 2016 the Centers for Medicare and Medicaid Services (CMS) ended the year-long grace period for accepting ICD-10 claims as long as they were submitted within the correct family of codes. This marks the end of a grace […]Read More
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