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Attention employers!!! Salary transparency is a crucial aspect of creating a fair and equitable workplace for all employees. By openly sharing salary information within your organization, you can help reduce pay disparities based on gender, race, or other factors, ultimately promoting a more inclusive and diverse workforce. When employees have a clear understanding of what their peers are earning, it can lead to more trust, motivation,...
Medical billing is a crucial aspect of any healthcare practice, and it is essential to ensure that the billing process is accurate and efficient. Internal medical billing audits are an effective way to identify errors and inefficiencies in the billing process, allowing medical practices and billing companies to improve their billing accuracy and overall financial performance. In this blog, we will discuss why medical billing companies and...
Medical billing companies, like any other business, are not immune to making mistakes. However, when it comes to billing companies, mistakes can have a significant impact on their clients' financial stability. In this blog, we'll explore some of the biggest mistakes billing companies make and how they can avoid them. Lack of Communication The mistake medical billing companies make is not communicating effectively with their clients....
When it comes to medical billing, making sure workflow processes are in place can make a world of difference for your organization.  Two processes come into play: front-end and back-end. Front-end processes are the start of a medical claim before it is sent to the patient’s insurance company and the back end is everything that needs to be done once the claim is submitted. Let’s get into a quick detailed overview of what...
As a medical biller, there are so many steps to take, that we often forget that if there are ways to be more efficient, maybe more things can be completed within our work days and week. There are a lot of steps to billing out claims and getting those claims reimbursed. One of the most important steps in the medical billing process is the insurance verification process. Before billing medical claims, make sure the claims are billed accurately...
As a medical biller, your job is to make sure the provider you work for gets reimbursed fairly for the services rendered. How can you do that when your claims are being denied for all kinds of reasons? Well, should have an idea of what types of denials you are receiving and why you are receiving those denials. A claim can be denied for multiple reasons and it's up to you, the medical biller, to know the reasons for the denial and what you...
With so many tasks that medical billers juggle on a day-to-day basis like, claims follow-up, payment posting, insurance verification, and month-end closings, it can seem like a busy day, but how much are you really getting done?  Here are some ways you can boost your productivity with all the tasks you have on your plate so that you feel a sense of accomplishment during your work day.   Set Goals & priorities By...
Getting paid for medical services is very important to sustain and maintain financial stability for any medical practice or business. Before submitting a patient’s claim to their insurance carrier, some things must be done to ensure that your return for services provided will equal reimbursement. You may be saying, I already know this, so what’s the point?    Well, claim denials increase yearly. While it is...