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Showing posts with the label Medical Billing India

What Are The Measures To Optimize Healthcare Insurance Eligibility Verification Process?

Healthcare Revenue Cycle Management (RCM) is the process of managing the patient data and the financial status of the organizations. This involves handling Medical data and patient information, storage and retrieval as and when required. The information provided by the Patient pertaining to their personal and insurance payor needs to be verified for accuracy and completeness prior to rendering the service as this can directly affect your financial system. This explains why Insurance Eligibility Verification needs to be the first step of your RCM process. Before analyzing the measures to Optimize Insurance Eligibility Verification , let us look down on the benefits and detriments of having or not having this process in our RCM flow. Why Insurance Eligibility Verification is Important? : Revenue Cycle Management involves meticulous details and information that tends to change and vary upon any given situation. This ever-changing nature of the Medical data inclusive of patient dem...

Denial Management Processes for Healthy Claims

Revenue Cycle Management (RCM) and Denial Management in healthcare go hand in hand. With better and efficient denial management, US medical billing companies can achieve greater profits. Almost all healthcare facilities and billing companies use EHR ( Electronic Health Records ), today. It is time to update the RCM technology and software in order to support value-based care while decreasing possible revenue leaks. To avoid such leaks, medical billing companies must stop claim denials from happening. As per the survey conducted by the American Academy of Family Physicians (AAFP), 5 to 10% of hospital claims are denied. Like Mark Weber, Infor’s Senior Vice President of Healthcare Development says, it is essential to implement the best RCM & denial management in medical billing for improved operational efficiency. Let’s follow the following best denial management processes to produce healthy claims: Implement EHR: As mentioned earlier, most medical billing companies and Provid...

Cardiology Medical Billing — Benefits of Outsourcing

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, cardi...

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 OUTSOURCING SERVICES

e-care India offers  medical billing outsourcing services  for healthcare providers. Our professionals specialize in providing - insurance verification, medical billing, Revenue cycle management and medical coding services. Discover how e-care India is helping to deliver better & more efficient health outcomes through their AR support and Medical billing experts.