Revel
Our Revenue Cycle Newsletter
Benefits Of Outsourcing and Offshoring Medical Coding Processes
Medical Coding has a significant impact on revenue cycle performance, so taking the time to analyze your coding department is indeed mandatory. In this blog we look at how Medical Coding analytics by facility or provider can help you identify critical clinical documentation issues that can help you improve coding quality.
Addressing Revenue Cycle Labor Shortage with Technology and Outsourcing
Explore strategies deployed by revenue cycle CFOs to tackle labor shortages. Learn how to optimize filing and follow-up processes for improved cash flow in healthcare administration.
Revenue Per Encounter – The Top Revenue Cycle Metric
Our revenue cycle analytics services empower you to gauge your performance and take steps to improve all aspects of your medical billing processes. Our process teams work with you to initiate and execute comprehensive process changes to improve your revenue cycle outcomes.
Shifting The Focus From Denial Management To Denial Prevention
Discover effective denial prevention strategies for revenue cycle optimization. Learn how to shift focus from denial management to proactive prevention with insights from Medical Billing Wholesalers' whitepaper
Emergency Department Coding Guidelines and Best practices
Emergency medicine is the medical specialty concerned with the care of illnesses or injuries requiring immediate medical attention. The ER is a medical treatment facility specializing in emergency medicine. It requires close coordination of services from when a patient enters an ambulance or an ED facility to discharge, working with multiple clinical practitioners. Learn more by clicking on the link below to download the best practices guide for ED coding.
Top 4 Common Reasons of Physical Therapy Claim Denials and Solutions
Denied claims are the type of claims that were received and processed by the insurance payer and a negative determination was made. It is no wonder that in Physical Therapy there are a greater number of denied claims compared to any other specialty. Learn more about the 4 reasons for claim denials in Physical Therapy and ways to rectify them by clicking on the button below.
Improving Collections by using the proper CPT Codes for Prolonged Service
he direct, prolonged service Current Procedural Terminology (CPT®) codes can be used when a physician or other qualified healthcare professional provides prolonged service in an inpatient or outpatient setting. The prolonged service is a service that goes beyond the usual service duration described for the E/M code. MBW RCM denial management team identified the issue and reverted to the Coding team to look into it.
Cardiology Coding Guidelines & Best Practices
Stay ahead with our cardiology coding updates and revenue cycle management strategies. Explore expert insights and best practices for efficient medical billing in cardiology.
A guide to specialty specific Medical Billing and Coding
In this newsletter for MBW RCM, we bring you the guide to specialty specific Medical Billing and Coding. Learn more by clicking here.
Specialty Specific Medical Billing & Coding 101
Are you aware of the fact that specialties face most of the billing & coding challenges? In this newsletter, we bring you few coding guidelines & best practices that can help you navigate seamlessly through specialty billing & coding.
Here's why you should hire an RCM company with specialty specific expertise
In the specialty environment, revenue cycle management is particularly complex. Most medical disciplines must address a range of administrative and financial challenges that impact financial performance. In this newsletter, we bring you few examples of why you should outsource your billing & coding to an RCM company with specialty-specific expertise.
Need help with reimbursements for COVID19 testing & vaccines?
With COVID-19 vaccinations now being administered across the United States, we have compiled these medical billing & coding guidelines to account for the novel Coronavirus's treatment and vaccinations for both the insured & the uninsured. Click on the link below to learn more:
Reduction in cashflow? Here are few quick fixes.
Uninterrupted cashflow is one of the main signs of the financial health of a healthcare organization. They are also highly susceptible to reductions in cash flow due to inconsistent follow-ups & claim submissions to the insurance payers. In this newsletter from MBW RCM, we bring few strategies that can be implemented to increase cashflow.
Telemedicine & Covid-19
In this newsletter, we bring you insights on how Telemedicine is gaining acceptance as a direct consequence of the Coronavirus outbreak along with few tips on how to get reimbursements for COVID-19 treatments of uninsured individuals.
Accounts Receivable Management 101
AR teams ensure that the hospital or practice runs smoothly by recovering overdue payments. Building an excellent AR team necessitates dynamic processes, concrete performance metrics, and consistent training. Learn more about effective AR management in this newsletter from MBW RCM.
Here's what you should know about 2021 E&M changes
The American Medical Association (AMA) has brought significant changes in office-based or outpatient E&M visits. Practices, physicians, and staff must be aware of the modifications to ensure a successful transition next year and avoid any reimbursement disruption. Learn more about the E&M changes in this newsletter from MBW RCM.
Have you downloaded our RCM E-books?
It can be difficult for most healthcare organizations to keep up with healthcare regulations and payer-specific business rules and develop responses to these changes to transform their revenue cycle. In this E-Books edition of our newsletter, we bring you some of our best e-books written by our experts who manage denial management billing, coding, account receivable and processes. Explore tips and best practices to bring sustainable improvement to your front, middle, and back-end revenue cycle processes.
How to improve key RCM metrics?
The healthcare industry has an increasingly complicated reimbursement system that is unlike any other sector in business. This level of complication demands healthcare organizations to consistently track their RCM metrics. To keep track of your organization’s financial health, you can leverage the various automation technologies available and obtain a bird’s eye view of your overall performance. In this edition of Revel, we bring you the topmost RCM metrics you should survey to maintain a strong reimbursement process.
Revenue Per Encounter – The Top Revenue Cycle Metric
Revenue per encounter can be defined and computed by dividing net collections by the total number of patient visits in a given month. This metric can provide a quick view of the health of your revenue cycle. In this newsletter, from Medical Billing Wholesalers, learn more about how to calculate and increase Revenue per encounter.
Physician Credentialing: A Quick Reference
Physician credentialing is the process of obtaining, verifying, and assessing the qualifications of a medical practitioner to be able to provide medical services. Credentials are documented evidence of licensure, education, training, experience, or other qualifications of the medical practitioner. In this newsletter, MBW RCM, brings you a few tips on successful provider credentialing