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Reducing Payment Errors- The Right Contract Management Steps

In order for hospitals to be certain that they are being paid accurately for the care they provide, it’s crucial to the hospital’s financial health that they have an effective and functioning hospital contract management system. These contracts include Medicare, Medicaid, commercial, workers comp, and employer payers which account for more than 95% of all patient care.

How Medical Billing Services Can Prepare Your Practice for the Future

With all the changes in healthcare, it can be difficult for your medical practice to keep up on regulations, mandates, and other initiatives that will affect your bottom line. These changes include the transition from ICD-9 to ICD-10 codes, a shift from traditional fee-for-service models to value-based models, and updates to the new Affordable Care Act.
 
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Today’s pressure on healthcare officials is constantly growing, with a rising need for more supplies but with a significantly lower budget. The increasing pressure for healthcare organisations to cut budgets is beginning to p...