Understanding Oncology Medical Coding and Billing: Essential Tips and GuidelinesÂ
What do you think is more important for oncology practice to run seamlessly: Accurate coding or ethical billing strategies? Well, truth be told, both are equally important. However, according to various studies, it is reported that compared to any other specialty, oncology has more complicated denied claims which require an effective denial management solution. In […]
Finding it Hard to Hire Medical Coders? AI Emerges as a Silver Lining!
Medical coders emerge as the indispensable linchpin in the intricate web of healthcare, comprising hospitals, physician practices, and skilled nursing facilities. They bridge the gap between dedicated clinicians and insurance entities, translating patient care details into a language that facilitates reimbursement calculations under specific policies. Unveiling the Crucial Role of Medical Coders At the core […]
Orthopedic Medical Coding Using Artificial Intelligence (AI)
Since the onset of the COVID-19 pandemic, the healthcare industry has witnessed a drastic transformation owing to accelerated technological advancements. One area impacted by the revolution is the orthopedic industry. As the orthopedic industry continues to rapidly evolve, surgeons and medical coders are tasked with keeping up with emerging trends so they can optimize and […]
Unlocking Efficiency: The Power of Medical Billing Automation
The healthcare industry is going through a shift. We’re seeing the challenge of needing to cut costs after the pandemic while also meeting the rising expectations of patients who want faster and better customer service. In this scenario, medical billing automation holds a significant value in addressing both these needs. But what exactly is it? […]
AI in Medical billing: The future is here, but what’s holding us back?
As with any new technology, there are always some doubts and myths surrounding it. AI is no exception. In the healthcare revenue cycle management (RCM) field, there are a number of concerns that healthcare organizations have about AI in medical billing. Given that AI technology is still relatively new in medical billing, it is understandable […]
What are Modifiers in Medical Coding and Billing?
In medical coding and billing, modifiers play a significant role in providing additional information about a procedure or service rendered to a patient. Modifiers in medical coding are two-character codes that are added to a Current Procedural Terminology (CPT) code or Healthcare Common Procedure Coding System (HCPCS) code to provide further clarification or specificity. These […]
How to Reduce Medical Coding & Billing Costs
Picture this: You manage a high volume of medical coding on a daily basis, all bills and codes are error-free, your processes are efficient, you submit accurate claims to payers for full reimbursement, and you sustain your revenue cycle. Even the largest of healthcare facilities and most organized coding departments aspire to achieve this and thus prevent […]
MEDICODIO Simplifies Hospital Claim Charge Capture Process
Are your medical coders still making mistakes during charge capture? The last thing any healthcare institution or revenue cycle management company wants is a loss of revenue due to missing or inaccurate charge capture. In this article, we’ll understand what healthcare charge capture is, its challenges, and how you can address the challenges in the […]
5 Ways Automation Is Transforming Medical Claims Processing
Technological advancements have transformed the healthcare industry. One area that has particularly benefited from automation is medical claims processing. Medical claims processing involves the submission and processing of claims for medical services provided to patients. Being a complex process, it’s time-consuming and error prone. It also leads to delays in payment and cash flow issues. […]
