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7 Signs You Have a Great Medical Billing Process

When it comes to the medical billing, the income of your practice requires you to have the right processes in place. Even if one aspect of this procedure is off, it can greatly affect your revenues. Here are the 7 best signs to determine you have a great medical billing process.

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What HIPAA Says About Texting Patients

Health Insurance Portability and Accountability Act is best known for the Privacy Rule, which applies to individual health care info in all forms, whether oral, paper, or electronic. HIPAA was made a rule in 1996, the drafters never considered how future technology would influence the way providers to communicate with their patients. Such as technology progressive, it was essential for Health Insurance Portability and Accountability Act to adjust as well.

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Why Female Neurologists are Paid Lesser than their Male Counterparts?

The Neurologist Compensation Report 2016 was published May 1. The female neurologists made considerably less money compared to their male counterparts. Neurology experiences gender disparities in the case of the pay doctors get. The number of women surgeons is increased in the United State; however, they continue to earn less than their male counterparts. The earning difference between the male and female neurologists was 25.3%, which almost amounted to $56,000 yearly.

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Why Should You Outsource Your Transcription Solutions?

Medical transcription is the procedure of converting voice files into accurate data files in the required format. As a busy healthcare doctor, all you have to do is to dictate your observations about your patients into your digital recording device. This process facilitates medical practitioners by generating 100% accurate medical billing document within a 24 hour turnaround time which is reliable, fast and secure HIPAA-based transcription process. 

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Medical Billing Questions Every Professional Should Know

Medical billing activities are an important part of a healthcare facility’s daily work. It should always go as planned. However, we all know that medical billing is a complicated procedure, and often things do not go the way you would like them to. This can increase the cost and time of the claim’s filing procedure. There are several steps to take between the first claim submission and final payment posting. In order to ensure your medical billing process is flawless, you need to first know what additional steps might require being taken when things don’t go according to plan. We have put together this list of the medical billing questions every professional should know to in order to do the task successfully.

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How Do I Spot Medical Billing Errors?

Medical billing errors:

They are maybe more common than you think, and they could be costing you cash. In reality, thousands of Americans could be overpricing on their medical bills because of common errors. To help save your wallet, you should bring a healthy skepticism to any medical bill you receive by cautiously checking for common errors to make sure you are paying the right amount.

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SPECIALIST PROGRAM OF MEDICAL BILLING

A professional who works with medical office and is in charge of medical billing is called a medical billing specialist. The demand of medical specialists is increasing day by day with the rapid growth of the medical field. Such a specialist uses efficient techniques to make sure the claiming and collection process works smoothly.

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Medical Billing and Coding – A Rewarding Career

Doctors everywhere rely more and more on professionally trained staff members for their daily office procedures. The same holds true for hospitals and their billing departments. Rapid technological advances deepen the need for highly skilled personnel. Billing practices have changed a lot over the years.

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KEY SIGNIFICANCE OF MEDICAL BILLING OUTSOURCING

The need to get secondary medical specialist in order to perform tasks that were secondary to the primary medical tasks was the reason medical billing outsourcing was initiated. The primary medical tasks would be performed and managed by medical specialists that work at hospitals, clinics and nursing homes etc. While the billing system would be managed by the secondary specialists. Today outsourcing of electronic medical billing has been widely implemented in the medical world. This has been creating more business opportunities for the professionals of medical billing who want to create their own business that will provide the service of medical billing to those who require it.

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WHAT REALLY IS MEDICAL CODING

Converting a medical narrative into a series of codes which are standard and alpha numeric is the process called medical coding. All the medical information that is related with healthcare processes are converted into code in an accurate and detailed manner, this helps in delivering high quality healthcare to the patients. Coding also aids researchers as the information is arranged and can then be helpful in deriving new things and utilized in planning. Medical Coding is also known as clinical coding, healthcare coding and diagnostic coding in some jurisdictions.

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