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5 reasons to outsource your medical coding services 

Health Prime

Medical coding consists of transforming healthcare diagnoses, procedures, medical services, and equipment into universal alphanumeric codes. According to Grand View Research , the medical coding market is expected to grow at a compound annual growth rate (CAGR) of 9.85% from 2023 to 2030.

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Medical billing audits: A proactive approach to compliance and revenue protection 

Health Prime

Medical billing audits are a great tool for achieving compliance and safeguarding revenue. Also, third-party payers conduct billing audits through their employees or their agents. Fraud Avoidance: Either billing errors or fraudulent activities committed on your part can lead to criminal prosecution and a tainted public image.

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6 aspects to consider when choosing the right medical coding partner for your practice 

Health Prime

Selecting the right coding partner is crucial for your practice’s success, efficiency, and compliance. The accuracy of medical coding is paramount for efficient revenue cycle management and ensuring adherence to the regulations governing the healthcare industry.

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Potential Medicaid Cuts Demand Action. Here’s How CIOs Can Step Up

Forbes Healthcare

Jeffries spoke out against the Republican budget bill and the potential cuts to safety net programs including Medicaid, Social Security and veterans’ services. Back-End Revenue Cycle The push for autonomous medical coding has gained traction as a way to speed up claim submissions and reduce AR days. More at the U.S.

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Importance of HIPAA Compliance in Medical Coding and Billing

Northwest Career College

A medical billing and coding professional plays a big part in ensuring that this health information is handled as it should be. The following article will explain why HIPAA compliance is significant in medical billing and coding and how it helps protect patients and providers.

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How to Streamline Your Medical Claims Management Process for Better Results 

CollaborateMD

Typically, a claim includes: Patient registration Prior authorization Charge entry Medical coding Claim submission Once the provider submits a claim to the payer, they review the claim to determine whether it meets reimbursement requirements or adjudication. Not if you ask billing managers. Easy, right? Now, the positive news.

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The impact of coding errors on medical billing: How to avoid common pitfalls 

Health Prime

In the intricate world of medical billing, accuracy is paramount. Your practice should consider the importance of the medical coding process when ensuring healthcare providers collect all money due to services rendered. Here’s how medical billing professionals can mitigate common mistakes: 1.

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