5 Mistakes to Avoid When Selecting Your Medical Billing Software
Healthcare practice management software is perhaps one of the most important parts of a medical practice. One of the most essential tools involved here is medical billing software, which helps in managing patients’ payments, filing insurance claims and ensuring timely receipt of money. But for medical billing specialist, picking the right medical billing software is […]
What Are EHR Systems and How It Has Transformed Modern Healthcare Delivery?
Every day, thousands of doctors and nurses have started replacing their uncontrollable and distorted paper files with modern EHR systems, making patient care faster and better. These digital health records are becoming the new normal in hospitals and clinics all around the world, with countries like the Netherlands, United Kingdom, and New Zealand, who have […]
Modern Healthcare Softwares: All That You Need to Know!
Imagine there is a world where managing your health feels as simple as checking your phone. That is exactly what Modern Healthcare Softwares are making possible. In 2019, some predictions said that the healthcare IT market would grow by 13.8% a year and will hit $511 billion by 2027. Unfortunately, when the pandemic struck, everything […]
6 Signs Your Medical Practice Needs Revenue Cycle Management Software
Revenue cycle management software is used to handle patient billing, from registration and appointment scheduling to coding, claim submission, and final payment collection. The goal is to ensure payments are received as quickly as possible, whether from insurance companies or patients. Effective management of RCM system is one of the prime requirements for financial stability […]
Why RCM in Medical Billing is Critical for Financial Health?
Just like the care of the patient, financial stability is the key to a healthy healthcare industry. RCM, therefore, has become so important as a part of medical billing for effective management of claims and revenue generation with timely payments to the healthcare providers. Without a structured RCM system, hospitals and clinics may face late […]
Why Your Practice Needs MIPS Consulting for Better Reporting & Incentives?
MIPS consulting is essential for healthcare providers looking to navigate the complexities of the MIPS. MIPS is a part of the QPP under Medicare, defining the overall Medicare payment for a MIPS healthcare provider based on their performance in four categories: Quality, Cost, Improvement Activities, and Promoting Interoperability. Good performers receive incentives, while poor performers […]
