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@michealceditor·5 Strategies to Dynamically Manage Accounts Receivable Days
Account Receivables Days or AR Days indicates the time taken to receive payment on a claim. Accounts Receivable Days is a significant indicator of the financial health of a practice.
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@michealceditor·
BristolByte: A Trusted Workflow Management Software
Medical coding and billing is an invisible engine in the healthcare industry. No healthcare entity can sustain itself without consistent cash flow.
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@michealceditor·
What is a Superbill? What Information Does it Contain?
A medical superbill or encounter form is the primary source of data for preparing claims and contains the list of services provided to a patient. Along with the list of services, the superbill will show the costs and codes for each exam, treatment…
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@michealceditor·
Denial Management: 5 Effective Methods to Shrink Denials
Studies have shown that many practices do not appeal to denial as they consider the denial management process expensive compared to the amount they will receive from payors.
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@michealceditor·
Importance of Medical Coding Services
medical coding enables the efficient transmission of vast amounts of data. Moreover, it allows for uniform documentation of illnesses and treatments between medical facilities. At a national level, federal agencies use coding to track the…
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@michealceditor·
4 Smart Ways of Billing to Increase Revenue for Pediatricians
Pediatric care encompasses a broad spectrum of health services ranging from preventive health care to the diagnosis and treatment of acute and chronic diseases.
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@michealceditor·
What are the Major Challenges in Physician Credentialing?
Physician Credentialing is the process of checking a provider’s competency, as demonstrated by education, training, licensing, and work experience.
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@michealceditor·
3 Methods that Guarantee Increased Revenue for your Practice
The primary and the most crucial aspect of reducing claims denials and improving medical practice revenue is understanding the medical coding and billing process completely.
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@michealceditor·
3 Steps to Handle AR and Create an Effective RCM Cycle
The following three steps will help you to minimize rejections and keep your AR manageable. Naturally, a low AR translates to a healthy revenue cycle.
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@michealceditor·
8 Proven Methods to Avoid Medical Billing and Coding Errors
In the absence of well-trained and certified coders and billers whose knowledge is not up to date, errors of all types are bound to occur, which will adversely affect the turnaround time and ultimately clients’ revenue. Further, there are…
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@michealceditor·
5 Reasons to Outsource to a Medical Billing Company
A billing company follows HIPAA and other industry guidelines and makes sure physicians receive payments quickly.
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@michealceditor·
How to Choose an Anesthesia Billing Company that Suits You Best
Anesthesia billing is a specialty, unlike others in that there are many factors to take into consideration in order to prepare clean claims. Further, to effectively process claims, appropriate billing software is required.
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@michealceditor·
BristolByte 2.0 – Workflow Management Software Release at Healthpac User Meeting
The conference witnessed the active participation of 130+ representatives of nation’s 30 major medical billing companies. Bristol being the Bronze sponsor for the event also shared its vision on implementing new software and upgrading existing…
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@michealceditor·
BristolByte – Your Complete Workflow Management Software
Bristol Byte is our solution to continuous monitoring and accurate tracking requirements.
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@michealceditor·
Update On Moderate Sedation Coding
the AMA revised the codes and coding rules for moderate (conscious) sedation. In prior years, moderate sedation was bundled to with nearly 450 CPT® codes.
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@michealceditor·
Is your Medical Billing Accurate and Complete?
Accurate and complete medical billing is crucial for healthcare providers to ensure proper reimbursement for rendered services.
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@michealceditor·
Ancillary Services Successfully Eliminate Practice Challenges!
Ancillary services can help medical practices overcome various challenges by providing additional support and resources for efficient operations.
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@michealceditor·
Bristol Healthcare Services Open Branch Offices in Different Locations
Bristol Healthcare Services announces the opening of new branch offices to assist medical service providers with patient claims and revenue cycle management.
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@michealceditor·
Official Update to the HCPCS Code System
Medical coders use HCPCS codes to report medical procedures to Medicare, Medicaid, and several other third-party payors.
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@michealceditor·
When Should you Issue an Advance Beneficiary Notice?
This ABN can also be used as a voluntary notice to alert patients of their financial liability prior to providing medical services that Medicare never covers. An ABN is not required to bill a patient for an item or service that is not a Medicare…
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@michealceditor·
Watch for Bundles
If the medical provider performs bone biopsy at a level not addressed by the vertebroplasty, you may report biopsy alone with the 59 modifier appended to indicate the separate locations of the two procedures.
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@michealceditor·
Bristol Healthcare Service Transitioned to ICD-10 well Before 2016
The transition to the ICD -10 and Related Health Problems appears to have gone well so far, despite widespread anxiety that it would wreak havoc across the healthcare industry as providers struggled to comply with the new coding structure…
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@michealceditor·
Useful Tips for Successful Contract Negotiation with Payors
This article discusses useful tips for successful contract negotiation with payors, focusing on how physicians can optimize their agreements.
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@michealceditor·
Bristol Healthcare Services Expands its Cardiology Billing Division to Meet…
Bristol Healthcare Services, a leading provider of cardiology billing services, is pleased to announce the expansion and restructuring of its Cardiology Billing Division.
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@michealceditor·
Bristol Healthcare Services Expands its Cardiology Billing Division to Meet…
Bristol Healthcare Services, a leading provider of cardiology billing services, is pleased to announce the expansion and restructuring of its Cardiology Billing Division.