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Physicians: Protect Your Online Reputation

  
  
  
Doctor online reputation

As a medical professional, it's imperative to make sure your patients see the right information when they search your name or your practice's name online. If you haven't taken the time to Google yourself, you might be in for quite a surprise.

5 Things You Must Know About Denied and Rejected Claims

  
  
  
how to prevent rejected claims

As the ICD-10 deadline approaches, you might be wondering how your practice is following up on denied and rejected claims. According to CMS, 1 in 5 practices will see Medicare denials double for 6 months after October 1, 2015. Understanding how your practice is following up on denied and rejected claims now is critical to the success of your revenue cycle. Investing time into your denial management strategy can minimize the impact of ICD-10 on your practice.

Supreme Court Upholds ACA Subsidies Nationwide in King v. Burwell Decision

  
  
  
Supreme Court

The U.S. Supreme Court ruled on Thursday that the subsidies offered as part of the Affordable Care Act (ACA) will be available nationwide, regardless of whether they are used to buy health insurance on an exchange established by the federal government or an individual state.

5 Signs That You've Outgrown Your Legacy EHR

  
  
  
old EMR

Electronic health records (EHRs) by themselves are not the solution to a medical practice's efficiency problems. Implemented without planning, or in a haphazard manner, EHRs can increase problems, especially at first. However, there are fewer holdouts who stick with paper records every year. The long term advantages of using an EHR system are becoming more evident as the healthcare industry moves towards changes such as ICD-10, PQRS, and Meaningful Use.

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5 Hidden Ways Your Medical Practice is Losing Revenue

  
  
  
hidden revenue

According to recent studies, approximately 25%-30% of all medical practice income is lost due to incorrect coding, underpricing, missed or never submitted charges, and nonexistent or improper follow-up. Physician practices have to have a comprehensive and strategic approach to medical billing that involves a skilled personnel mix, from those who schedule appointments to those who follow up with insurers about denied claims. Many practices have switched or are switching to electronic health record (EHR) systems, expecting them to solve medical billing problems.

Physicians Beware! 3 Revenue Cycle Impacting Changes in 2015

  
  
  
Physician reimbursement changes in 2015

Just when you thought medical billing couldn't become a more complex process, it is set to do just that in 2015. Medical facilities could find their incomes affected unless they have a strategy ready for many of the changes expected to take place this year. This may be true even for practices that are experiencing above average financial outcomes.

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Is Your Practice Taking Advantage of These EHR Benefits?

  
  
  
EHR benefits

EHR stands for electronic health record and is essentially the digital version of a patient's paper chart. An EHR is a real-time record that can be made available instantly and securely to those with authorization. EHRs contain patients' medical and treatment histories and more. They may also include diagnoses, treatment plans, immunization records, allergy information, radiology images, and test results.

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5 Critical Questions to Ask Every Patient

  
  
  
physician with patient

When your medical practice has a new patient, starting off on the right foot can make a positive difference over the short and long term. Information you collect at the beginning of the patient relationship helps both parties avoid surprises and ensure that medical billing is accurate.

Avoiding Cash Flow Interruptions from ICD-10

  
  
  
ICD-10 help

The time has come for making the transition from ICD-9 to ICD-10, with the deadline being October 1, 2015. The old ICD-9 system is outdated and insufficient for meeting the demands of a healthcare system that uses electronic health records and sharing of information. With greater detail on things like laterality of a condition, ICD-10 documentation will ultimately provide much richer health data that conveys more information than the old codes.

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Medical Billing and Coding: ICD-10 and Your Cash Flow

  
  
  
help with ICD-10 coding

ICD-10 is short for "International Statistical Classification of Diseases and Related Health Problems, 10th Revision." On October 1, 2015, ICD-10 will replace the current classification system, ICD-9. At that time, ICD-9 codes will no longer be accepted on claims. Claims with ICD-9 codes after October 1 will be denied without payment.

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