Insurance Archives - Iatric Solution

Understanding of the Medical Billing

Saturday, September 10, 2022, Claims, Health insurance, Insurance, medical billing, Medical Billing Outsourcing, Medical Billing Structure

Medical billing in the United States looks complicated. According to a Public Opinion Survey carried out by Co-patient, approximately 72% of American consumers are puzzled by their medical bills, and 94% of people think that the medical bill is too costly to pay. Even when covered by insurance or Medicare, you may find a surprising […]

5 Things to Remember About Hospital Medical Billing

Saturday, July 23, 2022, Claims, Health insurance, Healthcare, Insurance, medical billing, Medical Billing Outsourcing

Hospital medical billing involves medical billing and coding that support the extended healthcare industry. The medical billers and coders translate medical records into consistent codes that healthcare personnel use while billing for their patients and sending claims to their insurance companies. Hospital medical billing is not an easy task, rather it takes several processes. In […]

Cancer Medical Reimbursement Plan Working

Thursday, June 23, 2022, Claims, Health insurance, Healthcare, Insurance, medical billing

Most health plans hardly pay the full amount of the claim expenses. There are doctor fees, lab charges, x-rays, chemotherapy, radiation, prescription drugs, and other hospital costs. Sometimes, they exceed the basic allowances of insurance. Almost all primary health insurance plans have both limits and deductibles. The Cancer Medical Reimbursement Plan (CMRP) can step in […]

The Allowed Amount in Health Insurance

Saturday, March 5, 2022, Health insurance, Insurance

The allowed amount is the health plan that is paid for a health service. It includes tests, procedures, doctor visit, or other kinds of treatments or services. Your plan’s in-network providers have signed a contract to provide. They agreed not to charge more than the allowed payment for the members of the health plan. When […]

Understanding of Health Insurance Certificate of Coverage

Saturday, February 12, 2022, Health insurance, Insurance

If you register in a health insurance plan, a certificate of coverage is issued to you. It is also called a contract, evidence of coverage, or SPD summary plan description (SPD). You can contact your insurance customer service department at any point of time, during your coverage and ask for a written copy of your […]

How Medical Billing Increase Patient Satisfaction

Saturday, November 27, 2021, Claims, Insurance, medical billing, patients

The overall productivity and repute of the medical practice are generally based on the flow medical billing process and its unified skill to perform functions accurately. Healthcare automation solutions are a critical factor towards realizing optimum medical billing workflows and staying ahead in the game. Here is the list of medical billing guidelines that can […]

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 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 […]

Ambulatory Medical Billing and Coding Basics

Saturday, October 9, 2021, Insurance, medical billing

Ambulatory medical billing and coding are not the same as other inpatient billing and coding services. This is because the health services are provided through hospitals or Ambulatory Surgical Centers (ASC) at an outside location. For this purpose, the government has made strict guidelines and regulations through the healthcare program. Let’s take a look at […]

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