Medical Practice Management Resources

30 Aug Medical Billing for Internal Medicine

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An internal medicine practice often faces billing coverage challenges that other specialties do not have. This is because an internist is usually the first physician to see the patient and diagnose a complaint. The internist often has to run a variety of tests to make...

29 Aug Using Modifiers effectively in Family Practice and Surgery

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The National Correct Coding Initiative (NCCI) was developed by the Centers for Medicare & Medicaid Services (CMS) in 2010. This was formulated to promote national coding methodologies and to control improper coding. The purpose of NCCI edits is to stop improper payments when incorrect code...

25 Aug How to Avoid Minor ICD-10 Coding Errors

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Medical billing and coding errors are serious problems in the healthcare industry. Some experts estimate that 80% of all submitted bills have some type of error, which leads to increased costs for insurance carriers, providers, and patients. Coding and billing errors can lead to reduced...

22 Aug 3 Ways to Ensure Payment Security

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According to many surveys, 75% of Internet users in America pay bills online. However, the healthcare industry has been slow to offer these services to patients. In a recent Intuit Health study involving 1,000 U.S. adults found that more than half would switch physicians if...

17 Aug Managed Care Contracting and Reimbursement

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When negotiating payer contracts, it is crucial to do your own data analysis of the contracts to increase reimbursements. Before negotiating any managed care contracts, the analysis must be completed up-front. To determine your revenues, rely on your billing system. Payers track revenues, but their...

14 Aug Convenient and Secure Payment Options

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Mobile and online payment options are becoming more common in healthcare, simply because they simplify the payment process, delivering a consumer-friendly patient experience. In addition, patients are growing to expect convenient payment options. The Trends in Healthcare Payments recent 2015 report found that 64% of...