Article Highlights Millions of dollars are wasted every month on inefficient revenue cycle management. Physicians can improve revenue cycle management by outsourcing processes. Precision Medical Billing (PMB) has separated ourselves by driving process improvements to optimize revenue collections for our clients. *** Every month, physicians throughout the U.S. waste millions of dollars because of poor […]
Article Highlights Physicians are working through financial stress running their practice. Build out your physician billing KPIs to monitor the health of the practice. Outsource medical billing to PMB to collect all revenue you are entitled to. *** Physicians across the U.S. have dealt with a tremendous amount of upheaval since the pandemic. Changes in […]
Article Highlights Home health agencies are dealing more and more with private insurance companies, not just Medicare. Working with private insurance companies comes with a unique set of eligibility and prior authorization requirements. Work with PMB to alleviate administrative burden managing the Medicare and private insurance payer mix. *** Home health agencies are accustomed to […]
Article Highlights *** For patients diagnosed with a terminal illness, the Medicare hospice benefit provides coverage that goes beyond what Medicare would normally cover in standard situations. For hospice agencies providing the care, the Medicare hospice benefit introduces a new set of billing and documentation challenges that must be closely monitored. The key is that […]
Article Highlights Healthcare providers leave billions of dollars on the table every year due to poor medical billing processes. There are many surprising ways for physicians to optimize cash flow through improved medical billing. PMB will handle your medical billing processes to increase cash flow. *** Did you know that healthcare providers fail to collect […]
Article Highlights Smaller medical practices are often bogged down by medical billing. Lack of medical billing resources can impair your ability to collect revenue and serve patients. Outsourcing medical billing to PMB can help your practice grow and thrive. *** Each medical practice has its own unique pain points and struggles. While larger medical facilities […]
Article Highlights Medicare is very concerned about fraud in home health care claims. Indicating a billing agency on your CMS-855A application shows that you take this seriously. Understand the role of accrediting agencies on the path to being Medicare certified. *** Becoming a Medicare-certified home health agency is a challenging, time-consuming process. CMS, which administers […]
Article Highlights Employee turnover can negatively impact home health billing. We provide emergency billing support or virtual billing support in a pinch. We can step in as a medical billing manager to optimize revenue collection. Consider providing education and training to your office staff on home health billing. *** Home health agencies often run into […]
Article Highlights Technology has created efficiencies in handling medical billing. Technology has also introduced data security challenges with patient records. Work with PMB to securely manage billings in accordance with HIPAA requirements. *** The growth of technology used in healthcare has been instrumental in creating cohesive medical billing systems and ensuring billing accuracy. Yet, with […]
Article Highlights Constant regulatory changes can create intense pressure on healthcare providers. Medical billing often suffers when staff try to keep up with regulations. Outsource medical billing to PMB to support revenue cycle management. *** Regulations are one of the biggest headaches that healthcare providers must deal with to run a successful practice. And, the […]