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 year, states such as New Jersey, Virginia and Oregon passed legislation to protect consumers […]Read More
It’s happened again — another denial for a medical necessity issue. And, it seems like this is happening more and more. Now what? First, know that you are not alone. According to a recent study by the HFMA, medical necessity denials (which include pre-authorization) have increased 51% for outpatient claims. These denials are frustrating because […]Read More
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 a leading technology-driven healthcare solutions provider. For nearly two […]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
Eligible providers are set to be paid over $20 billion through 2022 by adopting EHR technology. Implementing an Electronic Health Record (EHR) system is becoming a common practice throughout the medical community. An EHR is a digital version of a patient’s paper chart, which can make information available instantly and securely to authorized users. […]Read More
Did you know that the American Medical Association has indicated that 70% of doctor’s visits can be handled via telemedicine? Telemedicine has the ability to seamlessly bring physicians and patients together for medical consultation and follow-ups through the use of technology. As the medical environment continues to evolve, these services will play an integral role […]Read More
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