patient collection
September 5, 2018

Increasing Patient Responsibility Requires a Modern Medical Billing and Collection Approach

Posted by MedbillingExperts / 0 Comment

With the focus on healthcare consumerization and rise in patient financial responsibilities, healthcare providers are forced to do more with less. In addition to concentrating on deliver high-quality healthcare services to patients, they are forced assign much of their time on managing patient collections. What is the exact reason for this? Let’s dig deep and understand the core reason for this shift by comparing the old reim

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accounts receivable
August 2, 2018

How to Receive Maximum Value of Your Accounts Receivable?

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Did you know that your accounts receivable loose significant value over time? By the time receivables are 90 days overdue, they could be worth only 20% of their original value; and only 5% of value when they cross 120 days mark, as illustrated below: Not only is value lost on the money owed, but overburdened AR departm

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POA Indicator
March 29, 2018

How to Accurately Capture POA Indicator?

Posted by MedbillingExperts / 0 Comment

It is essential for providers to capture accurate Present on Admission (POA) indicator for all diagnoses submitted on Medicare inpatient acute care claims. But is it being captured correctly? “No,” as per experts. In fact, as per then, this is one of those areas that is marred by inefficiencies, vowing to a variety of reasons. With such a key role that these indicators play, it pays to understand what they are, why they are

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