Preauthorization, prior authorization, and precertification are terms that can be used interchangeably in medical billing. It denotes the process where the healthcare providers make contact with the insurance companies to obtain a certification number. As a result, that certification number is used to get proper...
The process through which medical companies verify the credentials of healthcare providers to make sure they have the necessary licenses, certificates, and expertise to perfectly care for patients is known as provider credentialing. The process of authorizing physicians is a frequently mentioned aspect of healthcare...
In today's complex and evolving healthcare industry, outsourcing medical billing services is vital for healthcare providers. Its simplified procedures, innovative systems, cutting-edge technology, and people with specialized expertise result in considerable cost savings and enhanced outcomes for the healthcare facility. Medical billing may be a challenging...
Technology has been crucial to the growth of the healthcare industry. Nearly every business, including the healthcare sector, has seen growth in the possibilities due to technological advancements. In the past, diagnosing and treating patients was a complex process and required a lot of work...
Patient eligibility and benefits verification is an integral part of your revenue cycle management when it comes to invoicing patients, receiving payment from insurance carriers, and managing your end-to-end billing. Healthcare providers must verify each patient's eligibility and benefits before their visit to receive timely reimbursement...
The healthcare landscape in the United States of America is dynamic and continues to evolve with every passing day. The ever-changing regulations bring along new scopes of revenue loss for healthcare providers that range from billing errors to untrained staff to poor management. Due to...
Juggling between rendering quality patient care and keeping your practice profitable can be quite hard and often results in negligence in one area or the other. Billing errors are common in medical practice; however, failure to address them quickly can lead to serious financial problems...
According to a survey, 84% of consumers want an efficient system for healthcare and their medical billing in the US. An efficient medical billing system is of utmost importance when it comes to incorporating the best healthcare practices that augment the patient experience. The medical billing...
A healthcare provider's top priority is ensuring a premium care experience for their patients. That, combined with countless hours of paperwork, patient account management, and medical billing, can cause the healthcare provider to put their own health on the back burner. Physician burnout is a very...
When a patient visits a hospital to seek care, they expect their well-being and health to be entrusted to a highly qualified and competent healthcare provider. But how can a patient ensure that the provider they are receiving care from is not underequipped or incompetent?...