Best Practices in Patient Eligibility & Verification
With the revenue cycle industry evolving every day, RCM practitioners and decision-makers need to stay updated on the trends. Trust Revel, a Revenue Cycle Industry Newsletter from Medical Billing Wholesalers, to bring you updates on issues impacting the revenue cycle business.
Best Practices in Patient Eligibility and Benefits Verification
Verification of eligibility promotes the collection of the coverage status and reduces the likelihood of claims getting denied. It enables healthcare providers to collect payments from patients proactively and prevents delays in cash realization. Get insights that the information insurance companies will need and insurance verification elements from this article.
Case Study: Revenue Cycle Improvement for a Physical Therapy Clinic – Collections Double, Denials Reduce to 50%
With reducing reimbursements and increasing revenue cycle complexity, Physical Therapy revenue cycle managers need to focus on the basics. Most denials can be attributed to a lack of insurance coverage and benefits verification, delays in filing claims, and a lack of online EDI submission capabilities. Learn more on how revisiting the basics can help revenue cycle managers achieve outstanding results..
Supporting Healthcare Providers across over 40 Medical Specialties
Medical Billing Wholesalers brings experience in billing and coding across over 40 medical specialties. With an experience of a decade in providing quality medical billing & coding and accounts receivable services to healthcare providers, revenue cycle companies, and healthcare software providers, we have built our people, processes, and technological skills to deliver high-quality services. Click on the button below to know more about our services.
Urology Surgery and Radiology Coding Guidelines
Urologic surgeries are performed to treat obstruction, dysfunction, or malignancies in the pelvis, colon, urogenital or gynecological organs. Urology surgery coding requires training & knowledge as the coders have to keep up with thousands of yearly changes made to the ICD & CPT systems. Click here to download the coding best practices guide for Urology Surgeries & Radiology.
Credit Balance Services
Credit Balance is one of the most significant risks in the healthcare revenue cycle. Over-payments from payers and excessive payments could be from deductibles. The healthcare provider must refund such amounts to the appropriate party – payer or patient. To learn more on how to eliminate the risk of litigation and fines send us a mail to info@medicalbillingwholesalers.com or click on the button below.
About Medical Billing Wholesalers
Medical Billing Wholesalers (MBW) provides business process outsourcing, revenue cycle KPI measurement, and robotic process automation tools. The company operates from 5 delivery centers in Chennai and Bangalore and has sales offices in New York, Dallas, Fort Lauderdale, Las Vegas, and Nashville. Through our clients, we support over 2,000 physicians across over 20 medical specialties and uses over 15 EMR/practice management systems today. The company applies proprietary workflow tools, and robotic process automation capabilities to help clients do more with the revenue cycle.