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Showing posts from May, 2019

Common Mistakes in Medical Billing that Lead to High Accounts Receivables

The success of medical billing companies depends on their financial health. However, there are several factors that affect these companies’  revenue cycle management.  One of the main reasons is high account receivables that interrupt the cash flow. Amidst the new medical reforms, complicated billing and coding processes, training staff, and keeping up with the new standards, many medical billing companies struggle with their aging AR. They can improve their  account receivable management  by avoiding some of the common mistakes that lead to high account receivables: 1.  Ignoring Claim Denials:  One of the prime reasons for high accounts receivables is claim denials. Claims that are filed can be rejected by an insurance company for several reasons including, billing/coding errors, missing patient information, submission of duplicate claims, and delayed filing. It is important that the  account receivable management  team pay attention to the denied claims, analyze & corre

Why you Need to Outsource Medical Billing Service to India

The prime destination choice of most US medical billing companies to   outsource medical billing   and collections in India. The country has been the most sought-after destination by many for more than a decade. One of the main reasons for India being at the pinnacle of US medical billing is that it has immense knowledge on the field and provides unmatched medical billing and collection services to the clients. Even a recent survey has claimed India fetched   82%   votes for offshore outsourcing by US medical billing companies. In addition to providing back-end processes like customer support and data entry services, Indian medical billing companies have earned a great name by offering high-quality medical billing and coding, AR cleanup, and more with their state-of-the-art technology. There are other reasons that prove medical billing in India to be highly efficient. Let’s discuss them in detail: No Language Barrier:   One of the biggest issues that US medical billing companie