Patients as Consumers: Creating Understandable Price Conversations Transparency of healthcare prices have been in the headlines recently: -- In June, the Trump Administration issued an executive order requiring hospitals to post price information for basic services and facilitate access to information about out-of-pocket costs before procedures. -- Last...
Think AI will impact healthcare? You're right. For many, the future of revenue cycle management (RCM) in the age of artificial intelligence (AI) is difficult to imagine. How can this technology improve the revenue cycle and impact the day-to-day working of the back-office in healthcare? Of...
Medusind is excited to announce that we have secured investment from H.I.G. Capital ("H.I.G."), a leading global private equity investment firm with over $30 billion of equity capital under management. Vipul Bansal, CEO of Medusind, remarked, “Medusind was founded in 2002 with the goal of creating...
Read about the 2019 update to CPT codes 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...
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...
Get our 3 tips to improve collections! 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...
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...
Medusind is pleased to announce the acquisition of Perioperative Services, LLC. Periop is an anesthesia billing company located in Newark, Delaware that has been providing anesthesia billing services and technology since 1997. As a leader in their field, they process over 800,000 claims annually for anesthesiology groups throughout...
The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) established a new framework for Medicare physician payment. Under the law, beginning in 2019, healthcare professionals participating in the program will come to a crossroads on their path to reimbursement. In one direction—the default direction—they will be...
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