To outsource or not to outsource? That is the question that a lot of medical practitioner’s face when it comes to their billing. After doing billing in-house for years, some practices may find shifting to outsourced medical billing services as more of a risk, as it turns majority of the
Does it seem like you’re working more hours on your practice yet not making more money? It may be because you’ve got several “leaks” in your practice. These leaks are areas in your practice that unknown to you do nothing but consume your revenue. From before the actual patient visit
Twenty percent. This is approximately how much of a medical practice’s revenue is made up of patient co-pays. To some physical therapists, this portion may not be very significant. But with the difficulties that medical practices are facing today in terms of revenue and reimbursements, that twenty percent can no
With all of the changes that occur in medical billing every year, one of the most important questions that physicians with private practices need to ask themselves is whether or not it is time to outsource their medical billing. With this blog, I want to shed some light on the
Yes, we know that ICD-10 is finally a reality, but by now coders should be starting to get into the groove. We (coders) have – hopefully at this point – learned to code diagnoses with ICD-10-CM, have gotten used to the root operations in ICD-10-PCS, and have been putting our
Back around the end of September, I read an article on the Wall Street Journal website, and it came to mind again the other day. It was very informative – and I thought it was worth mentioning in our blog. Doctors, insurers and hospitals prepared themselves for business disruptions on
