Misconceptions About Medical Billing
Medical billing is an important part of your practice. In fact, it is one of the crucial aspects, which if ignored or not handled properly, can even lead to the practice even...
Hospitals Pay to Settle Inflated Billing Lawsuit
Robert was shocked, as he read the news regarding the settlements made by the hospitals, for incorrect Kyphoplasty procedures. He clearly remembered that day, when his m...
Understanding Revenue Cycle Management
Revenue cycle is defined by the Healthcare Financial Management Association as “All administrative and clinical functions that contribute to the capture, management, and colle...
Difference between Medical Coding and Billing
Often mistakenly assumed to be the same, medical billing and medical coding are two very distinctly separate jobs. Although there are many similarities between the two and sm...
Technology to the Rescue of Your Revenue Cycle
The Healthcare Industry has always been on top of the game when it comes to technological advancements and usage. Computers, ECG machines, even artificial intelligence h...
5 Ways to Improve Patient Payments
University of Pittsburgh Medical Center (UPMC) reported $212 million in bad debts for the fiscal year 2014. The numbers are not deniable – the reason for bad debt is higher de...
ICD-10: Prepare For the Big Switch
MedConverge helps physician practices become ICD-10 ready.
A lot of discussion has gone into how ICD-10 (International Classification of Diseases, 10th Revision) will impact p...
3 Simple Ways to Track Your Practice’s Revenue
Yes, truly! You can be assured of your practice’s financial health by asking yourself these Three Questions periodically:
1. Is my front office efficient? Because f...
