The Revenue Cycle Blog
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The Increasing Acceptance of Telemedicine for Care Delivery in the Post COVID-19 Era
Telemedicine is gaining increasing acceptance as a direct consequence of the Coronavirus outbreak. The bigger question is if telemedicine will continue and possibly even grow post-COVID-19 or is this just a passing phase that has gained popularity out of necessity and will wane off. In this article, MBW brings you a list of reasons why Telemedicine is the new normal.
4 Reasons for 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. Read more about reasons for claim denials in Physical Therapy and ways to rectify them.
Mastering Physical Therapy Billing - Codes & Terminologies You should Know
Medical Codes and Terminologies are two essential things that a Physical Therapist should learn about. The Medical codes define the diagnoses, treatment, procedures, and medication used through the alphanumeric ICD-10 Coding System. In this article, we provide you a view of the physical therapy codes and terminologies.
Revenue Cycle in the Times of COVID-19 – Creating a Sustainable Financial Future
COVID-19 updates by the regulators are across the news today. With many physician practices choosing to operate remotely, and reduced patient visits to the outpatient department, the financial health of healthcare providers is now reeling under the shock of COVID-19. MBW brings you some of the areas that financial administrators working at healthcare provider entities must focus on to stabilize financial operations and restore normalcy.
World Health Day 2020 – Saluting the undying spirit and commitment of Nurses and Midwives
Medical Billing Wholesalers salutes the undying commitment of the medical fraternity across the world. We see our role as helping the healthcare systems improve the economics of healthcare enables caregivers to focus on what they do best, deliver high-quality care. On this day, renew and reaffirm our commitment to helping the medical community reduce administrative costs, and improve care delivery.
New CPT Code Released to report laboratory testing services that diagnose the presence of the novel Corona Virus
The unique CPT code will be used to report laboratory testing services that diagnose the presence of the novel coronavirus. This will help provide the data for analytics as testing to identify the incidence of the virus continues across the United States.
Revisiting the Basics: Understanding Medical Coding - Importance and Career Opportunities
Medical Coding is a key element of the revenue cycle and drives the communication between healthcare providers and insurers. In this article, we talk about the importance of medical coding and the career opportunities the field presents
Building your Medical Billing Company’s Brand – 5 things you can do
As Medical Billing Company Owners and Managers, you need to build and manage your company's brand, build the online presence, and manage your reputation. Medical Billing Wholesalers brings you a comprehensive guide on building your company's brand and digital presence.
Improving Days in A/R: A Best Practices Guide to Optimize Your Revenue Cycle
Improving days in A/R to MGMA benchmark of fewer than 40 days requires a comprehensive relook at the entire revenue cycle and concerted efforts to improve. In this article, we bring you insights on how to reduce the number of days in AR.
Revenue Cycle Trends for 2020 and Beyond
With headwinds coming from falling reimbursements and the rise of national-level aggregators, the times are tough for medical billing companies.
In this whitepaper, we look at some of the trends and what medical billing companies need to do to survive and thrive in 2020 and beyond.