Health insurance Archives - Iatric Solution

Medical Billing Automation: Quick Turning of Claims into Cash img

Medical Billing Automation: Turns Claims into Cash

Monday, November 22, 2021, Claims, Health insurance, Insurance, medical billing, Medical Billing Revival, patients collection

Turning claims into cash is the life blood of a number of professional or businessman, especially the medical practice. The billing error is one of the significant causes that reduce the chances of reimbursement. So, it is important to get this medical billing operation right. Medical Billing Automation is an effective software bot to perform […]

How to Boost Patient Collections

Saturday, November 13, 2021, Health insurance, medical billing

According to a recent study, about 30 % of adults have a medical problem or have a hard time keeping up with their cumbersome medical bills. It suggests that something needs to be done to perk up patient collections. Physicians and practice owners are already taking drastic measures in anticipation of easing the undecided dilemma. […]

How to Boost the Medical Billing Collections

Saturday, November 6, 2021, Claims, Health insurance, Insurance, medical billing, Medical Billing Revival, patients collection

Medical Billing Collections are the most important sector of the health care system. To make it easier for the providers to keep their earnings steady, some effective strategies can be suggested to maximize the collections. Here are the 5 strategies to maximize the collection of medical billing: The process of Transparent Collection needs to be […]

Why You Need Third-Party Medical Billing Solution

Saturday, October 30, 2021, Claims, Health insurance, Insurance, medical billing, Medical Billing Revival

Today’s health care is no longer considered as medical care, it has now become a corporate business. However, having enough resources out of patients, clinics, along with handling data, is not an easy task. Getting more people on board could mean more cash depletion and that’s certainly not good for the businesses. Though there are […]

An Introduction to Medical Billing

Monday, October 25, 2021, Health insurance, medical billing, Medical Billing Revival, Medical Practice

Let’s take a closer look at why we bill for medical purpose. Going to the doctor may seem like a simple interaction between a patient and a doctor, but in truth, it is only a fragment of the big and complex system of information and payment. While the insured patient may have direct contact and […]

Understanding the Medical Billing

Saturday, October 16, 2021, Health insurance, medical billing

Insurance companies have set up networks in most of the major cities, these consist of the hospital, physicians, and subsidiary providers who agree to sign a contract to accept the “reasonable” amount as payment in full for a given service. So, understanding medical billing is significant. Every insurance company has its definition of reasonable, so […]

Overcoming Hurdles of Health Care Practice

Saturday, September 25, 2021, Claims, Health insurance, Insurance, medical billing, Medical Billing Revival

Though the data paint a dismal picture of the financial status of the health care practice industry, there is always hope for this industry. To moderate the financial issues and the risks of compliance the practices are getting a more practical approach to their billing procedures. By holding back, the problems before they take place […]

How a Medical Billing Service Prevents Denials

Monday, August 23, 2021, Health insurance, Insurance, medical billing, Medical Billing Revival

Some small mistakes affect the financial aspect of the medical providers. These can be: terminated or unverified health insurance policies non-identification of the patient invalid medical codes wrong database inputs duplicates and lack of payment credentials These small mistakes may affect the financial aspect of the medical providers. Here need the service of a reliable […]

Medical Billing Solutions

Saturday, August 7, 2021, Claims, Health insurance, Insurance, medical billing, Medical Billing Revival, patients collection

Medical billing systems that customized the entire billing workflow from automated complete billing workflow, appointment setting up to claim submission, and to payer companies. The medical billing companies get success following the: Speed and Accuracy Capturing efficiency of entry charge Payment Posting as per schedule Smart Revenue Optimization AR Management The present concept of billing […]

5 Challenges for Physician Billing Services in 2021

Saturday, July 10, 2021, Claims, Health insurance, Insurance, medical billing, Medical Billing Revival

The most destructive COVID-19 pandemic influenced the global economy last year 2020 the world has ever faced. But it seems that the situation might get worsen during the approaching time and 2021 can be more challenging for businesses. Talking about the healthcare sector 2021 will certainly bring challenges for practitioners and physicians around the world […]

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