Key Takeaways: Significant Updates: The 2025 ICD-10 code changes will introduce new codes and revise the diagnosis code set, impacting various medical fields. Greater Specificity: The updates aim to provide greater specificity in diagnosis and treatment, enhancing health information
Read moreIn a significant development for healthcare consumers, the No Surprises Act (NSA) has been implemented to address one of the most frustrating aspects of medical care -- surprise billing. This landmark legislation aims to protect patients from unexpected and
Read moreHealthcare professionals across the United States are facing a new level of uncertainty due to the global pandemic, with one of their most daunting challenges being lower than usual reimbursements from Medicare. This decline in payment has caused financial
Read moreIf you've ever experienced the headache of trying to get a prior authorization approved, you're certainly not alone! Unfortunately, prior authorizations have become somewhat of an industry standard for medical practices and their patients. But navigating the process
Read moreWith every new year comes resolutions and the desire to make positive changes. When it comes from within your practice, the results can unify your team and streamline workflow. The beginning of a new year is a perfect time
Read moreWhen it comes to considering third-party medical billing companies, the structure of your fee-for-services agreement could be costing you thousands of dollars in lost cash for your practice. And the most damaging and insidious part of this scenario is
Read moreIn this series, we are talking about common challenges in Revenue Cycle Management (RCM) that can result in the loss of revenue. We are also looking at solutions to overcome these challenges and achieve financial success. Last week we
Read moreRevenue Cycle Management (RCM) is the financial process that facilities use to manage the administrative and clinical functions associated with claims processing, payment, and revenue generation. It begins when the patient makes the appointment to seek medical services and
Read moreFor many medical professionals, I suspect there are times when the complications, inefficiencies, and often disjointed processes of the healthcare revenue management cycle can literally make you want to “tear your hair out”. For example, consider the excessive time
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