In the realm of healthcare revenue cycle management (RCM), an appeal refers to the process of challenging a denied or rejected claim by a healthcare provider or facility. When a claim is denied, it means that the insurance company or payer has determined that the services provided are not eligible for reimbursement or payment. The […]
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The payment posting process in medical billing is a critical step in the revenue cycle management (RCM) that involves recording payments received from patients and insurance companies into the medical practice’s billing system. Here’s a detailed breakdown of the process in the PDF File. Accurate payment posting is essential for maintaining up-to-date patient accounts, ensuring
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The healthcare landscape is undergoing a transformative shift, driven by advancements in technology and a growing emphasis on preventive care. One of the most promising developments in this evolution is the integration of wearable technology. These devices, which range from smartwatches to fitness trackers and beyond, are revolutionizing how we approach health and wellness by
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Introduction: The President’s Budget for the fiscal year 2025 has recently been released, outlining the proposed funding and priorities for various government agencies. In this blog post, we will focus on the budget for the Department of Health and Human Services (HHS) and delve into its key provisions, potential implications, and the overall impact on
Analyzing the FY 2025 President’s Budget for HHS: Priorities and Implications Read More »
Introduction: In the complex world of healthcare revenue cycle management (RCM), denials can be a significant challenge. Denials occur when healthcare providers submit claims to insurance companies, and those claims are rejected or not fully reimbursed. Navigating denial management requires a comprehensive understanding of the denial process, preventive measures, the appeal process, and the importance
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In recent years, the healthcare industry has witnessed a significant shift towards remote patient monitoring (RPM). This innovative approach allows healthcare providers to monitor patients’ vital signs and health data remotely, improving patient outcomes and reducing the burden on healthcare facilities. In this blog post, we will explore the CPT codes used in RPM and
The Future of Remote Patient Monitoring: Unlocking Healthcare’s Potential Read More »
How the Latest CMS Rule Promises to Transform Healthcare Access and Prior Authorization In a significant stride toward enhancing healthcare access and streamlining administrative processes, the Centers for Medicare & Medicaid Services (CMS) has recently finalized a rule aimed at expanding access to health information and improving the prior authorization process. This pivotal move underscores
Incident-to billing allows non-physician providers to report services as if they were performed by a physician. “Incident to” in medical billing refers to a situation where a non-physician healthcare provider, such as a nurse practitioner or physician assistant, provides services under the supervision of a physician. These services are billed under the physician’s National Provider
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In the ever-evolving landscape of healthcare, data security is a critical concern. This holds true not only for patient care but also for the administrative processes that support it. Medical billing and coding play a pivotal role in managing financial transactions related to healthcare services. However, the sensitive nature of patient records and billing information demands robust security measures.
Data Security in Medical Billing and Coding: Safeguarding Patient Information Read More »
Managing accounts receivable is a crucial task that can significantly impact a company’s financial health. However, the traditional methods of collections can be time-consuming, inefficient, and prone to errors. Thankfully, with the advent of cutting-edge technology, businesses now have access to powerful tools and strategies that can streamline their accounts receivable processes. From medical billing
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