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By now, you’re probably bracing your practice for the conversion to ICD-10 code sets. Maybe you’ve even already budgeted for the major initial costs. But even if you’re well prepared for the technology purchases and administrative training time the switch
The U.S. Department of Commerce estimates that $500 billion is lost to internal business theft every year. With health care found to be the third most embezzled industry in the country, your medical office – like all others – is
Recently I was talking to one of my clients about self-improvement. I asked him, “How many people get up in the morning and think about how they could be better today than they were the day before?” He answered, “Not
A recent study from Physician Wellness Services (PWS) and Cejka Search revealed some troubling findings on physician stress levels. Of the 2,000 physicians surveyed, 87% reported being moderately-to-severely stressed or burned out on an average day.
Recently, a healthcare provider in California got a lot of media attention for its patient data security measures. The coverage, however, wasn’t the kind of free publicity a medical practice might hope for. The news of the mid-October theft of
If your practice is fortunate enough to be busy in this economy, you’re likely seeking cost-effective ways to enhance patient care and better accommodate your high patient load. Bringing on another full-time physician might be the ideal solution, but perhaps
If your practice is not ready to make the switch to the ICD-10 coding system on October 1, 2013, payments will stop for services provided after that date. Healthcare providers who are unprepared for the ICD-10 deadline will face cash-flow
HOW TO HANDLE TIMELY FILING CLAIM DENIALS A big challenge medical billers are most often confronted with is handling claims denied due to timely filing issues, as each insurance company wants the deadline set by it observed doggedly. The length
Insurance carriers often deny claims for not being coded to the highest level of specificity or they may consider the diagnosis truncated. As many billers are not coders, they often don’t understand what has gone wrong or how to fix
Today’s medical practice is faced with more challenges than any of us can remember. These include reimbursement issues, technology demands, pressure to change workflows, tightening labor markets (despite national unemployment figures), and general uncertainty about the direction of our healthcare
