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Medical Billing – Page 4 – WWS
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Medical Billing

Medical Practice: How to Run Value-based Care Analytics Reports?

As we move further into value-based care, the analytics and reporting segments of EHR will play an ever-larger role in collecting and analyzing data. Analysis and correct interpretation of reports give providers actionable choices for improving quality of care and remaining compliant while boosting revenue as they grow their practices. However, depending…
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6 Ways to Reduce a RAC Audit Risks

RAC Audit, as physicians know, are part of the government’s program to reduce fraud, waste, and errors in medical billing practices, especially Medicare and Medicaid. Many providers are aware that CMS has increased its RAC audits and commercial payers are also taking a closer look at billing and coding usage.…
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Telemedicine Challenges and the Future of Healthcare

Telemedicine refers specifically to processes and secure technology used to provide clinical services and care to patients   such as evaluation, diagnosis, treatment, care follow-up, chronic condition and medication management, specialty consultations with direct communication between a provider and patient via the Internet or other communication portal taking the place of an…
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Steps to Achieve Clean Claims Submission Ratio

What is Clean Claims? A clean claims has no defect, impropriety or special circumstance, including incomplete documentation that delays timely payment. A provider submits a clean claim by providing the required data elements on the standard claims forms, along with any attachments and additional elements, or revisions to data elements,…
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Track this Financial Metrics for Your Medical Practice

Financial metrics not only help to track the performance of your practice but also can be used to increase accountability of your in-house staff. A metric is a verifiable measure stated in either quantitative terms (e.g. financial ratios) or qualitative terms (e.g. patient satisfaction surveys). Metrics are important for a…
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MACRA challenges: Are you one among the 71% physicians?

MACRA Challenges in 2018. 71% of specialty physicians feel they have a long way to go to reach MACRA objectives. Shocking? This infographic based on a recent survey reveals how medical practices are struggling to meet MACRA guidelines. Has MACRA sent your healthcare organization into sticker shock? You are not alone.…
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Challenges Facing Medical Practices In 2018

This year is set to be another challenging year for medical practices, with several difficulties facing practitioners. However, three of those challenges are proving more difficult to overcome than ever before. Here, we look at the way in which government mandates, utilizing big data and eliciting healthcare patient payments, are…
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Medicare Card Changes: What You Need to Know

Medicare Card Changes are coming soon. By April 2019, your card will be replaced with one that no longer shows your Social Security number. The Centers for Medicare & Medicaid Services is no different. Realizing its use of the social security number as a member identifier could potentially put its…
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How to Identify New Revenue Streams in your Practice?

Whether you’ve just started your own medical practice or have been a leader in your respective field for years, it’s important to recognize that revenue cycle management is one of your foremost concerns. When you own medical practice, you have to wear several different hats (as the saying goes). Sure, you obviously…
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