Standardized billing and coding practices for Spinal Cord Stimulator (SCS) Procedure Code 63650 reduce medical necessity denials and help collect 281 claims valued over $ 300K in 2 years. The Customer saw over 36% improvement in Collections, as much as 75% reduction in old AR over 61 days, and reduction of denied SCS claims from 68 to 8 over a 7 month period.

Podiatry billing can be complicated in many ways, beginning the need to determine and prove the medical necessity of the treatment, to the coding nuances. It demands meticulous use of modifiers and an understanding of coding for inclusive procedures. In this guide, Medical Billing Wholesalers bring you the guidelines & best practices to be followed to increase collections of your Podiatry practice.

Get the statistics for claim denials and strategies for preventing them in this Denial Management infographic from Medical Billing Wholesalers.

As with all other industries, healthcare providers are facing financial challenges stemming from COVID-19. Getting reimbursements for COVID-19 treatments of uninsured individuals is complicated & requires healthcare providers to stay up to date with the nuances of the HRSA program for the uninsured. In this article we provide a consolidated view of everything one should know about the HRSA program for COVID-19 treatments of the uninsured.

Inefficiency & carelessness in the revenue cycle stages can cause revenue leakage, which if undetected, could result in the loss of thousands of dollars. In this whitepaper, we bring you 10 things that you can implement to reduce revenue leakage in your practice. These best practices will help you improve revenue and reduce your costs.

Read more on how the empathetic approach of our Human resources team helped prevent & handle the differences faced during the integration of clients & process of Benchmark Billing Solution.

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.

In episode 75 of the team engagement podcast, Shawn Richards of Blue Sky Biz Consulting had a conversation with Vinod Sankaran, Founder, and CEO of MBW RCM. Every day, Shawn Richards, of Blue Sky Biz Consulting interviews leaders from the industry to get perspectives on leadership, entrepreneurship, and building great teams. Watch this podcast on Blue Sky Biz Consulting’s site.

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.

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. 

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.

In this video message, our CEO, Vinod Sankaran, talks about how MBW RCM is supporting clients in the face of the unprecedented pandemic, COVID-19.

MBW RCM 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.

Their work makes them legends. Their heart makes them heroes.

Today, on the occasion of the National Medical Billers’ day, we salute the undying spirit of medical billers and coders across the world. Their focus on ensuring the financial health of healthcare institutions often calls for personal sacrifice.

The coronavirus outbreak is affecting small businesses in a variety of ways. From the loss of business to remote work, rules are changing fast, and companies are being forced to adapt.

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.

Doctors in the United States can now use video via messaging apps such as Google Hangouts, Facebook Messenger and FaceTime to meet with patients and diagnose illnesses, without worrying about violating HIPAA privacy laws.

The much-awaited annual conference for Medical Billing company executives, owners and managers wrapped last week and as expected, it turned out to be full of learning and networking opportunities.

In tune with the theme of the conference, Foresight 20/20, the session tracks dealt with topics that would shape the direction of the industry over the next 5 years.

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

MBW RCM has turned 10 today and it’s time to reflect on the past decade. We have learned and grown as an organization.