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Showing posts with the label healthcare industry

Telehealth Billing on the Rise: Will It Survive After the Pandemic

If one good thing came out of this pandemic, it is the rise of Telehealth services in primary care. Medical billing services had to modify their billing structure to include Telehealth billing services to their manual. As a result, they have to work for their client payments, in which their expertise is tested the most. The boost in the Telehealth sector is not just an estimation but based on a data a report issued by HHS (The US Department of Health and Human Services). Digging deeper into the analysis of this report shows us that Telehealth visits per week increased from 2,000 to 1.28 million. Moreover, Medicare spending in this sector went up from 0.1% to 43.5% from February to April 2020. Meanwhile, the in-person visits dropped significantly with a rise in mid-April to May 2020. Since life is going back to what it was before the pandemic, we see a rise in in-person numbers and they are almost leveling up with the Telehealth visits.  However, the rate is still lower...

The Impact of Technology on Medical Billing and Coding

Medical billing and coding have undergone various changes. At first, the payment transaction methods were not clear. Then from the late eighties to until a decade ago, billers and coders had to write down every single detail manually on papers. The information collected was cipher into the designated codes or electronic codes to be stored in the hospital’s database. You can assume that the process of getting claims was surely not a cup of tea. It was lengthy, and most of the time, human errors were a big problem in creating clean claims. Since technology has been a great invention and is making waves in the medical billing industry like other fields. Now professional outsourcing billing companies relay on encoders to mitigate human errors and to increase the precision of the claims. The process is more streamlined than ever and aligned with the companies’ objectives. But relying simply on encoders can also seriously damage your claim processing. Why Professional Medical Coders a...