medical record indexing
April 3, 2017

Why Should You Outsource Medical Record Indexing Services to Experts?

Posted by MedbillingExperts / 0 Comment

Recently a pediatrician in the US had to shell out a hefty fine of $7.5 million for medical negligence which led to the death of a child. The doctor had failed to maintain appropriate medical records of the patient, as mandated by the US law, owing to which a pediatrician and neurologist treated the child without being aware of her degenerative heart condition. The incident highlights, the importance of maintaining accurate and up-to-date medical records. But this is easier said than done. Ma

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denial management
March 29, 2017

Denial Management Best Practices for Hospitals

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Did you know a medical practice typically loses revenues to the range of 7-10% due to claim denials that could be easily avoided? Yes, you always have an option to collect money directly from the patients and avoid the spiral of claim denials. But the success rate with this approach is very slim. Hence ensuring denials remain at a minimal, say at the range of 4%, is the best way to tackle this problems.  This way, you not only avoid losing money to denied claims, but also save money needed to r

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medical billing and coding
March 24, 2017

5 Easy Ways to Avoid Medical Billing and Coding Errors

Posted by MedbillingExperts / 0 Comment

Did you know that hospitals and other healthcare practices in the U.S. tend to lose approximately $125 billion every year due to poor billing and coding practices? Also were you aware that more than 60% of the medical bills submitted to the insurance companies contain errors? Well, these are stark reminders for healthcare practices that it is time for them to focus on billing and coding. Here are a few basic rules that healthcare practices should follow to eliminate errors in their billing an

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