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Cardiology is a specialized field in the healthcare industry that involves a myriad variety of treatment services. In general, billing and coding cardiology requires expert knowledge as even a minor mistake can trigger huge claim denials. The introduction of new coding terminologies has made cardiology billing all the more complicated, resulting in the loss of a significant percentage of the revenue. Although there has been an increase in the average Medicare fees by 1.1%, cardiology has suffered a 2% reduction in the Medicare fees every year. Therefore, the earnings of cardiology practices have been affected furthermore. In this article, lets learn more about  cardiology billing  and how outsourcing can help incur such revenue losses: Expert Skillset: Cardiology is an intricate field and coding interventional procedures like electrophysiology, Computerized Tomographic Angiography (CCTA) and cardiac catheterization lab need utmost accuracy in coding. Therefore, cardiology med

One of the primary goals that US medical billing companies should set and work towards it in 2019 is improving the efficiency of revenue cycle management. It is estimated that more than $100 billion dollars of revenue is left uncollected due to various factors like medical billing and coding errors, introduction of new medical reforms, and AR pileup. To avoid this situation and maximize revenue, it is necessary that US medical billing companies analyze the source problem and come up with new plans. This article discusses 5 important medical billing strategies that will help improve your  revenue cycle management : Enhance Front-office Operations: The first and the foremost strategy that medical billing companies should implement is improve their front-end operations. By carrying out all front-end services properly, billing companies can avoid the errors happening in the back-end operations. It is found that 90% of the claim denials are preventable as they are a result of impro