revenue loss 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 […]

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 […]

How to minimize healthcare system financial burden

Monday, October 4, 2021, medical billing, patients

The healthcare system has drastically changed and now, especially in the US. The provider now no longer bears the burden of financial responsibility. The liability now shifted more towards the patients. Furthermore, with the high deductible policies and the yearly escalation of the number of co-pays and insurance, the out-of-pocket expense for the patients has […]

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 […]

The tips for better out of network billing

Saturday, September 18, 2021, medical billing

The world is so powerfully affected by Covid-19 that it is difficult to stand again in this situation. But healthcare service providers like volunteers, doctors, nurses are helping us continually in fighting against the disease relentlessly. It is the spirit of these people that help people getting out of these pandemic conditions. The health care […]

« Older Entries

Tag : revenue loss