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The Benefits of Outsourcing Medical Billing Denial Management and How to Find the Right Provider

The healthcare industry is continuously evolving, and with evolution new challenges surface. One of the biggest challenges faced by Providers while billing claims is denial management. Medical billing denials can result in decreased revenue, increased administrative costs, and frustration for both providers and patients. To deal with these issues, providers often outsource denial management. In […]

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What Is Medical Billing And Coding?|BillMyMed

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Medical billing and coding are one of the most important aspects of the healthcare industry, it ensures that medical providers are reimbursed for the services they provide to patients. Billing services involve translating medical procedures and diagnose into codes that insurance companies can understand, enabling them to process claims correctly. Medical billing and coding specialists […]

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What is Insurance Eligibility Verification in Healthcare

What is Insurance Eligibility Verification in Healthcare

In revenue cycle management, insurance eligibility verification is vital to ensure timely and accurate receipt of information in terms of insurance coverage. Most claim denials take place because of patients’ ineligibility for the services billed by the provider.  However, various healthcare providers and patients don’t bother much about the insurance eligibility verification process. Because they […]

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Medical Billing Abbreviations

14+ Common Medical Billing Abbreviations

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Medical coding is vital to quickly process patient claims so that a doctor can seamlessly carry on his practice. You’ll have to understand complex insurance terms, services, and procedures before long. Understanding coded information might be a piece of cake for you, but even if it’s not that easy, you can grasp it with dedication […]

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8 Ways to Improve Your Medical Claims Billing Process

8 Ways to Improve Your Medical Claims Billing Process

Every medical practice produces medical claims to get paid for services. A streamlined and efficient billing process generates more profit. However, it’s not convenient to always figure out what particular claims billing technique will work well for your office. Trial-and-error is the best approach because each patient’s file is different.  Some organizations use advanced technology […]

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7 Tips To Avoid Surprise Medical Bills

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A surprise medical bill is an unforeseen expense charged to a patient once they receive medical treatment. The bill includes unexpected facility fees, an out-of-network charge, a bill that is way higher than your expectation, or a balance bill. Sometimes, even premium insurance doesn’t keep you from surprise medical costs and doesn’t cover the complete […]

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