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Category Archive for: ‘Blog’

Areas to Reduce Costs at Your Medical Practice

With the ever-increasing changes in government and reimbursements, it’s surprising just how many physician practices haven’t invested the time to explore opportunities to decrease overhead and operating costs. There are two paths to increased net income at medical practices: higher revenue and lower expenses. Medical office expenses deserve more attention as potential sources of net income than they usually get, …

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Medical Billing And Compliance

  There are many important components to an effective medical billing compliance program such as implementation of the written policies, procedures and standards of conduct, conducting effective training and education, and conducting internal monitoring and auditing. Medical billing compliance provides many crucial services for the benefits of the medical billing business. MDofficeManager can help assist in the often complex world …

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Revenue Boosting and Cost Cutting Strategies With Medical Practice Management Software

Do you want to know more about increasing revenue and cutting costs in your practice? Medical Practice Management Software has highly gained popularity in the healthcare industry, while EMR-EHR software handles the patient care aspects of a practice. In simple words, all the tasks like scheduling, writing prescriptions, preparing time-table, planning treatments, issuing orders, keeping a track of patients and …

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Just Why Do Physician Practices Outsource Medical Billing, Vs. In-House?

The way you choose to manage your practice’s medical billing can make or break you. The revenue you generate through the services your render is the lifeblood of your practice and what allows you to treat any patients at all. The biggest question you need to ask yourself with regard to the financial health of your practice is whether or …

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Impact of ICD-10 As It Relates To Medical Billing And Coding

  By definition, ICD-10 is short for “International Statistical Classification of Diseases and Related Health Problems, 10th Revision.” On October 1, 2015, ICD-10 will replace the current classification system, ICD-9. At that time, ICD-9 codes will no longer be accepted on claims. Claims with ICD-9 codes after October 1 will be denied without payment, which means that familiarity with ICD-10 …

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Ideal Medical Practice to Improve Productivity and Revenue

MDofficeManager, located just five minutes away from downtown Louisville, KY, is a complete and customizable healthcare IT solution provider, and, utilizing a cloud-based system, allows for us a distinct advantage in being able to speak with individual practices, hospitals, ambulatory care centers, and many other healthcare entities.  Our unique model is based upon our ability to cover the continuum of …

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How Will The ACA (Affordable Care Act) & Meaningful Use Impact Medical Billing

It’s now been over four years since the Affordable Care Act (ACA), otherwise known as “Meaningful use”, officially went into effect. However, we are just now learning the wide-ranging impacts the legislation has had on the healthcare industry, and in particular on medical billing in hospitals and doctor’s offices throughout the country. While we still don’t know the scope of …

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Medical Insurance Billing – Advantages for Effective Healthcare Solution

A billing service that does not bill the sessions accurately, misses timelines, or does not do enough follow-up can have a disastrous effect on your business; however, a well-run billing service can ease your life and greatly improve both your cash inflow and total income. A competent billing service drives positivity in your practice and in your life. This positivity …

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Meaningful Use Compliance without Reducing the Productivity of the Provider

Since the Health Information Technology for Economic and Clinical Health (HITECH) Act was signed into law in February 2009, hospitals and practices are turning to electronic health record (EHR) systems to receive significant incentive payments based on meeting meaningful use regulations. However, the impact on workflow makes achieving a return on investment (ROI) after implementation challenging. Additionally, the burden is …

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Why Healthcare Organizations Should Outsource Their Coding Needs

As ICD-10 implementation draws near, the shortage of qualified medical coders will only become more prevalent. Outsourcing your medical coding is a solution that fits the needs of large hospital groups, standalone hospitals, large and small physician groups, and other healthcare organizations. It can result in zero coding backlogs, guaranteed quality, reduced cost, and no worries about coding resources or …

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