healthcare payment
December 26, 2017

The Future of Healthcare Payments: Here’s What You Can Expect

Posted by MedbillingExperts / 0 Comment

Healthcare payments trends are changing. In fact, as per Trends in Healthcare Payments Sixth Annual Report, unlike previously, consumers have now become one of the most critical stakeholder in the healthcare industry, challenging the way many do business. What else can you expect when it comes to future of healthcare payments? Here is a detailed overview- 1. Omni Channel Payments is the

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claim denials
December 15, 2017

Increased Claim Denials Cost Hospitals $3.5 Million

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Hospitals and healthcare systems have done a lot to fortify their revenue cycle components. However, despite all the efforts in the right direction, the increasing claims denial rate looms over healthcare financial wellbeing like a foreboding. The recent survey conducted by Advisory Board from healthcare executives from 90 companies and data collection from 300 organizations revealed alarming trends. It not only revealed some disturbing patterns for healthcare industry, but also revealed that

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ICD-11
November 29, 2017

All You Need to Know About ICD-11

Posted by MedbillingExperts / 0 Comment

Just when you thought that you have overcame the jitters of ICD-9 to ICD-10 transition and successful implemented the coding system, a new threat has emerged in the form of ICD-11. Yes, after being in the works for over a decade, World Health Organization’s new code set is finally set to be presented in 2018 and will be tentatively deployed by 2023 or later. The upcoming revision has been built on ICD-10 and has integrated

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