Health Prime

JUNE 13, 2024

In the intricate world of medical billing, accuracy is paramount. Every code entered, every diagnosis documented, and every procedure billed must be meticulously coded to ensure proper reimbursement and compliance with regulations. Increased denials: Insurance companies are quick to deny claims with coding errors.

Billing 105

Billing Medical Coding Medication Best Practices 105

Health Prime

APRIL 25, 2024

In the complex world of medical billing, dealing with bad debt is an inevitable challenge that healthcare providers often face. Unpaid bills, denied claims, and delayed payments can significantly impact the financial health of a medical practice. Strategies to improve bad debt management in medical billing 1.

Billing 105

Billing Medication Communication Follow-Up 105

Health Prime

OCTOBER 17, 2024

Enrollments is an essential aspect of your medical billing process. This process ensures your healthcare providers count with proper credentialing and contracting with insurance payers. Reasons why you should trust your enrollment process to a medical billing expert 1.

Billing 98

Billing Medication Insurance Patient Care 98

Practice Index

NOVEMBER 7, 2024

The bombshell dropped by Rachel Reeves in last week’s budget regarding the increase in National Insurance contributions (NICs), without exempting GP practices, has been described as a monumental body blow to the heart of the NHS. The NI increase, which will see employer contributions rise by 1.2

Insurance 52

Insurance Billing Patient Care Hospital 52

Valant

MAY 2, 2024

Insurance credentialing is an important, intricate process that results in you becoming a “paneled,” in-network provider for a health insurance plan. In this article, we will explain how to get credentialed with insurance companies using the three most common methods. Blog What Is an Insurance Panel? Medicare ).

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Insurance Billing Scheduling Follow-Up 98

Practice Index

OCTOBER 31, 2024

In a big change to Employers’ National Insurance, the rate will rise by 1.2% Until you realise that the threshold at which you start to pay National Insurance is going down, from the current £9,100 per year to £5,000 per year. Overall, our bill will run to tens of thousands of pounds. I expect it will.

Insurance 98

Insurance Billing 98

Health Prime

DECEMBER 18, 2024

In one of our past blogs, we delved into the end-of-year reports you should run in your practice. It categorizes unpaid patient invoices and insurance claims by age, typically in 30-day increments. Read more about this in our blog How to reduce your Days in AR. Subscribe to the Health Prime blog.

Medication 52

Medication Billing Documentation Appointments 52

Health Prime

FEBRUARY 28, 2024

Consequently, many practices are contemplating hiring a new billing partner, either for the first time or to replace an existing provider. Partnering with the right medical billing company is crucial for the financial health of your practice. Here are six key factors to consider when evaluating a medical billing partner: 1.

Billing 88

Billing Medication Patient Satisfaction HIPAA 88

Health Prime

NOVEMBER 20, 2024

Learn more about this in our blog Improve your front desk processes with these best practices. Main issues in the check-in process 1. This failure to verify the patient’s insurance could lead to invoicing discrepancies, prolonged payment cycles, and a loss of credibility in the practice from the patients.

Medication 52

Medication Patient Satisfaction Communication Insurance 52

Health Prime

MAY 16, 2024

From fostering financial transparency to minimizing billing errors and accelerating reimbursement, a well-optimized RCM system contributes significantly to patient satisfaction. Providers can focus on healthcare needs by reducing administrative hurdles rather than getting bogged down by paperwork and billing concerns.

Patient Experience 105

Patient Experience Billing Appointments Patient Satisfaction 105

Health Prime

OCTOBER 10, 2024

As mental health demand continues to grow exponentially , it is equally important for mental health providers to optimize their billing practices to ensure fair and timely reimbursements, enabling them to continue delivering high-quality patient care. Strategies to improve your mental health reimbursements 1.

Billing 97

Billing Medical Coding Documentation Insurance 97

Health Prime

MARCH 28, 2024

By implementing regular audits, refining refund processes, and focusing on patient education and communication, your practice can optimize your credit balance management, ensuring financial stability and building trust with patients and insurance providers. Implement a systematic review of patient accounts, insurance claims, and payments.

Billing 105

Billing Communication Patient Education Insurance 105

Health Prime

AUGUST 29, 2024

Medical insurance claim submission is a critical step in the medical billing process. It determines the reimbursement the healthcare provider will receive from the insurance company. This includes errors in patient names, dates of birth, insurance policy numbers, and other personal details.

Documentation 98

Documentation Billing Medical Coding Insurance 98

Health Prime

SEPTEMBER 12, 2024

In medical billing, precision and clarity are key. Healthcare practices demonstrate their commitment to honesty and integrity by adopting a transparent approach to billing processes. Read more about this in our blog 4 steps to improve your patient payments process.

Patient Satisfaction 93

Patient Satisfaction Billing Insurance Medication 93

Health Prime

MAY 30, 2024

Moreover, identifying underpayments facilitates the detection of billing errors, improves payer relations, and fosters a culture of accountability within the organization. Identifying patterns of underpayment and scrutinizing each claim for accuracy is a critical step in improving your billing processes.

Billing 105

Billing Documentation Continuing Education Medical Coding 105

Valant

MAY 30, 2024

There are four critical functions that practitioners should evaluate for outsourcing or hiring: billing, payroll, insurance credentialing, and human resources (HR). Efficient billing ensures timely reimbursement for services provided, essential for maintaining cash flow and sustaining practice operations.

Billing 105

Billing Insurance Follow-Up Patient Satisfaction 105

Health Prime

MARCH 21, 2024

The revenue cycle is a complex and multifaceted system that involves various stakeholders, including healthcare providers, payers (insurance companies), and patients. It begins at the front lines of the healthcare practice, where staff members collect essential demographic and insurance information during the initial patient contact.

Billing 105

Billing Medication Follow-Up Appointments 105

Health Prime

JULY 18, 2024

Denial management is crucial in medical billing, ensuring healthcare providers receive rightful reimbursement for their services. Denial management refers to identifying, analyzing, and resolving denied claims from insurance companies or payers. Read more about this in our blog Simple steps to get your denials under control.

Billing 105

Billing Patient Satisfaction Documentation Medication 105

Health Prime

MAY 23, 2024

Opting for the correct coding partner holds the key to: Accurate reimbursement Streamlined billing processes Overall operational efficiency Beyond financial considerations, choosing the right coding partner allows providers to redirect their focus towards core competencies , confident that medical coding is in the hands of specialists.

Medical Coding 105

Medical Coding Medication Billing Communication 105

Health Prime

JANUARY 1, 2025

Delegating specific medical billing processes in your practice to an expert partner offers a strategic and forward-thinking approach to enhancing efficiency, reducing administrative burdens, and ensuring financial stability. Read more about this in our blog 5 reasons to outsource your medical billing.

Billing 52

Billing Medication Insurance Patient Care 52

Scrubs

AUGUST 9, 2023

Under HIPAA’s privacy rule, all patients have the right to inspect, review, and receive a copy of their medical records and billing records that are held by health plans and health care providers. Getting access to your medical records isn’t always easy. However, state laws and provider regulations can complicate this process.

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Medication HIPAA Insurance Tests 234

Health Prime

JANUARY 29, 2025

Health insurance out-of-pocket maximums have been increasing each year. The payment collection should evolve with the increased burden on patients to contribute to their medical bills. Patients love convenience, taking bills via electronic modalities. According to the Statista Research Department , U.S.

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Billing Patient Satisfaction Transfers Medication 52

Health Populi

FEBRUARY 1, 2022

Recognizing the fact that nearly one-half of insured Americans don’t have enough in savings to pay for medical expenses, the company established the Aflac Care Index to educate and advocate for peoples’ health and financial security — including those people who have health care coverage.

Billing 62

Billing Medication Insurance Hospital 62

Northwest Career College

FEBRUARY 28, 2025

If youve been considering a job in the medical field that is cost-effective and time-saving, this blog might be just for you. Handled all insurance forms and also billing-related processes. Handled all insurance forms and also billing-related processes.

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Medical Administrative Assistant Medication Problem Solving Skills Billing 40

Health Populi

APRIL 28, 2021

In movies in particular, we’ve seen health care costs and hassles play featured in plotlines in As Good as it Gets [theme: health insurance coverage], M*A*S*H [war and its medical impacts are hell], and Philadelphia [HIV/AIDS in the era of The Band Played On], among dozens of others.

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Insurance Follow-Up Medication Billing 143

Health Prime

JUNE 22, 2023

Medical billing plays a crucial role in the success of any healthcare practice, and gastroenterology is no exception. Gastroenterologists face unique challenges with medical billing due to the complex nature of their specialty. Therefore, adopting best practices in medical billing is essential. Billion by 2032.

Best Practices 52

Best Practices Billing Medication Documentation 52

Valant

MARCH 2, 2024

For behavioral health practices, transitioning to in-house billing for mental health services can be extremely beneficial. In-house billing can boost efficiency, reduce spending, improve revenue streams, and simplify compliance—even with ever-evolving regulations. What inefficiencies exist? What areas can be improved?

Billing 52

Billing Documentation Follow-Up Insurance 52

CollaborateMD

DECEMBER 11, 2023

Medical billing plays a critical role in the financial stability of healthcare providers. Fortunately, medical billing software offers a solution to the challenges healthcare providers face. The impact of billing challenges is felt by healthcare providers and patients. They can have significant consequences for patients.

Billing 52

Billing Medication Follow-Up HIPAA 52

Valant

AUGUST 2, 2024

In addition, it’s important to be able to obtain prior authorization from insurance and track prescription statuses. Billing and Coding Support A good EHR can help you avoid common billing errors for a smoother, more dependable revenue cycle. Communication with patients is a key part of this.

Billing 98

Billing Medical History HIPAA Collaboration 98

Health Prime

MARCH 6, 2024

Additionally, patients can address billing inquiries, view statements, and understand their financial responsibilities, promoting transparency in the billing process. Read more about other steps you can take to ensure HIPAA in our blog 4 steps to reduce HIPAA breaches within your medical practice.

Communication 98

Communication HIPAA Billing Appointments 98

Health Populi

MARCH 2, 2020

This is true for all flavors of health care costs, including health insurance deductibles and premiums, out-of-pocket costs for prescription drugs, and the cost of long-term care. In the short run, looking into the next 12 months, one-third of Americans are worried about the amount they will pay for health insurance premiums and deductibles.

Long Term Care 112

Long Term Care Insurance Billing Medication 112

Minority Nurse

NOVEMBER 14, 2024

For an NP who would rather not deal with the nightmare of insurance and instead offer highly personalized services, concierge medicine is a viable business option. A weight management clinic could bill insurance or provide services that clients pay for out of pocket. Idea #3: Skin Care Skin care is big business.

Bookkeeping 52

Bookkeeping Hospice Acute Care Insurance 52

Northwest Career College

MAY 12, 2024

Medical billing and coding offers a rewarding and challenging career path. As healthcare continues to evolve, the demand for skilled medical billing professionals is rising, making this a promising career choice for many. What is Medical Billing and Coding? They use these codes to create and submit insurance claims.

Billing 40

Billing Medication Problem Solving Skills Critical Thinking 40

Valant

OCTOBER 18, 2024

This could lead to improved efficiency in billing and collections processes. Insurance Reimbursement Changes: While not directly tied to interest rates, a more stable economic environment might influence insurance companies’ reimbursement policies , potentially benefiting providers.

Patient Experience 101

Patient Experience Insurance Billing Patient Care 101

Valant

OCTOBER 23, 2024

CPT (Current Procedural Terminology) codes are essential for mental health professionals to accurately bill for psychotherapy services. These standardized codes ensure proper reimbursement and streamline the billing process for insurance companies and healthcare providers. What are CPT Codes for Psychotherapy?

Billing 59

Billing Documentation Insurance Best Practices 59

Northwest Career College

AUGUST 24, 2024

As we look ahead to 2024, many individuals are considering whether medical billing and coding is a promising career choice. In this blog, we will explore the various aspects of medical billing and coding as a career, helping you make an informed decision about its suitability. What is Medical Billing and Coding?

Billing 40

Billing Medication Certification Insurance 40

Health Prime

JUNE 22, 2023

Medical billing plays a crucial role in the success of any healthcare practice, and gastroenterology is no exception. Gastroenterologists face unique challenges with medical billing due to the complex nature of their specialty. Therefore, adopting best practices in medical billing is essential. Billion by 2032.

Best Practices 40

Best Practices Billing Medication Documentation 40