What are the Benefits of Web-based Medical Billing Services?
Onpoint Medical Solutions explores the advantages of utilizing web-based medical billing services and how they can streamline the billing process, enhance revenue cycles, and improve overall practice management.
Unveiling the Pricing of Top Medical Billing Companies
Medical billing is an integral part of the healthcare industry, ensuring accurate and timely reimbursement for healthcare providers. However, managing medical billing in-house can be overwhelming, leading many healthcare organizations to seek the services of professional medical billing companies.
Understanding the Percentage of Medical Claims Denied and Never Reimbursed
Medical billing is a crucial aspect of the healthcare industry, as it ensures that healthcare providers receive reimbursement for the services they render. However, denials of medical claims can be a significant challenge, impacting the financial stability of healthcare organizations.
What is the Cost of Doing Medical Billing and Collections In-House?
Medical billing and collections are critical components of running a successful healthcare practice. However, determining whether to handle these tasks in-house or outsource them is a decision that requires careful consideration.
Tackling Medical Billing Challenges in Practices: Simplifying the Complex
Running a medical practice comes with its fair share of challenges, and one of the most complex aspects is undoubtedly medical billing. We will explore some of the common challenges medical practices face in medical billing and provide creative solutions to overcome them.
What Makes a Good Medical Billing Company?
Medical billing is a crucial part of the healthcare industry, and it is essential to have a reliable and efficient medical billing company to handle billing, denials, and reimbursement processes. A good medical billing company can significantly impact…
Which Two Do You Pick? - Good/Cheap/Fast
You have probably heard of the Iron Triangle of Service. The triangle works like this. There are three key points: good, fast, and cheap. You can have two of these for any service or project but never all three.
How Much Does a Denied Claim Cost You?
As you can see, there are many benefits to reviewing your medical practice’s performance over the year. Doing so can help you identify how well your team is doing in various areas, such a…
Are You Finishing Strong in 2022?
As you can see, there are many benefits to reviewing your medical practice’s performance over the year. Doing so can help you identify how well your team is doing in various areas, such as hiring, patient care, and operational efficiency.
How to reduce AR days in medical billing (monitoring days in accounts receivable)
Accounts receivable (AR) is one of the key performance indicators for a medical practice. But when monitoring your days in AR make sure you know what impacts that metric.
Five Advantages to Making Payments Online
Ensuring that your practice is functioning efficiently involves monitoring many things. One of the parts of your practice that needs to be working smoothly is your billing pro…
What Billing Reports Does My Practice Need?
Ensuring that your practice is functioning efficiently involves monitoring many things. One of the parts of your practice that needs to be working smoothly is your billing process. Medical billing reports are a critical key to making sure billing is working as it should.
Tis the Season To Collect Patient Deductibles
No one likes the beginning of each year when deductible resets start. Patients don’t like it because they must pay more out of pocket; clinic staff doesn’t like it because they don’t want to have ‘those’ discussions with patients, and practice administrators don’t like it because it slows cash flow.
6-Point Checklist for Incident-To Billing
It seems every few months Onpoint Medical Solutions is asked how to get reimbursed for incident-to billing. So, it seems like a good time to provide the six basic requirements.
Out-of-Network Billing
There is a lot to consider when you are deciding to take your practice out-of-network. It is best to discuss the decision with your entire team and take into consideration how your patients will respond, your competition, and potential financial impact.
How Long Does Credentialing Take?
Why is credentialing so slow? After all, doesn’t it seem like you complete an application, submit it and it could be reviewed and approved in a couple of weeks? Let’s take a closer look at the process.
The Pre-Authorization Story
Once upon a time, a practice could forget to get a pre-authorization or maybe exceed the scope or maybe even provide the pre-authorized service on a different day and the carriers would allow for retro-authorizations so the claim would be paid.
Are Denied Claims Costing Your Practice Money?
Practice owners review many valuable metrics that help monitor the practice’s finances. Some industry experts say the key metric is the clean claims ratio and insist it is essential for real success.
Are the Right People on Your Team?
Running a successful practice takes exceptional patient care, outstanding customer service, business acumen and timely accurate billing. You need a team you can count on, and you need a medical billing company that can adapt to the ever-changing healthcare billing landscape.
Will My Practice Benefit From eStatements/ePayments?
Historically, most practices were geared toward government and commercial payers for the majority of their collections. However, the shift to greater patient financial responsibility has increased the resources needed in order to collect the money owed to you.