Tips to Improve Medical Coding Quality
Medical Coding has a significant impact on revenue cycle performance, so taking the time to analyze your coding department is indeed mandatory. In this blog we look at how Medical Coding analytics by facility or provider can help you identify critical clinical documentation issues that can help you improve coding quality.
Revenue cycle Trends for 2022 and beyond
Tech, investments, efficiency, patient experience, underpayment recovery, and coding automation are some of the themes that will drive the revenue cycle market momentum in 2022 and beyond. Coming at the back of a long period of adversity due to COVID-19 and an already challenging economic environment for hospitals and healthcare systems, we see a new wave of consolidation, invention, and innovation. In this paper, we discuss some of the trends we are seeing.
6 Revenue Cycle Management KPIs to Track
Revenue cycle management is the bridge between the clinical & business sides of the healthcare industry. It refers to the entire chain of processes from scheduling a patient appointment to getting reimbursements from the insurance companies. Read more on the 6 RCM KPI’s to track.
Overcoming common issues in Accounts Receivable Management
In healthcare, like all businesses, the most effective way to collect your unpaid accounts is by reaching out and talking to the customer. The number of patients treated and the number of hospitals and physician services are increasing consistently, keeping the doctors & their staff occupied. As a result, they miss to follow up on a massive chunk of their revenue from the patients & insurance companies. To read more click on the button below.
Accurate coding of Podiatry Encounters Improves collections by 25%, reduces denials by 23%
Invalid Diagnosis codes can cause coding errors and inflate claim denial rates. Often, healthcare providers tend to utilize superbills and mark the nearest available codes on the superbills. Due to the lack of a clear understanding of the coding guidelines, providers might mark as invalid diagnosis codes on the superbill. Click on the link below to learn more on the challenges faced in medical coding.
