From initial invoicing and review, through primary and secondary collection to patient invoicing and statements, Experics’ service is professional, seamless and timely. We believe that most of your uncollected revenue is tied-up within secondary and patient balances and represents a significant... [Read More]
Many healthcare practices have no idea where to begin when considering Medicare reimbursements via the HITEC Act’s Meaningful Use program. Start the Verification Process at Stage 1: Electronic Health Records (EHR) Attestation is the first hurdle in qualifying for meaningful use with the Centers for... [Read More]
Government regulations continue to fuel physicians’ fears Many physicians are using their systems to document Evaluation and Management – or E&M – visits but aren’t coding them, because they fear they’d be liable for any errors. Despite the fact that most electronic health record... [Read More]
For many healthcare practices (possibly your own), deciding whether to outsource billing and collection operations to a medical billing company has been placed on hold until more time is available to weigh-up the pros and cons. In the meantime, the potential profits your practice could be realizing have... [Read More]
A 2011 study released by the National Institute for Health Care Reform found that hospital re-admissions within 30 days of discharge are costing over $16 billion each year. Additionally, it was found that re-hospitalization rates varied tremendously between hospitals as well as between states. For example,... [Read More]
It’s no secret that medical billing is a highly involved process. It requires experience-based expertise to handle insurance companies and government agencies. However, when it comes to cardiology billing, the situation becomes far more complex. Cardio billing should only be handled by a medical billing... [Read More]
It’s no secret that as more and more baby-boomers enter into retirement and onto the rolls of Medicare and Social Security, the drain on these systems is becoming a concern to those who administer them as well as to those who depend upon them. Moreover, this abundance of aging citizens will create... [Read More]
Today’s social media networks are no longer about idle chatting with other medical professionals or patients. There are exciting new ways to tap into the power of social media, which will improve your overall reach and contribute to the success of your practice. Social media can provide additional... [Read More]
The Health savings account (HSA) was established in 2003 by the Medicare Prescription Drug, Improvement, and Modernization Act to provide a tax advantaged medical savings account to U.S. taxpayers. When the insured contributes funs to an account, they are not subject to federal income tax at the time... [Read More]
In Part 1 of this blog, we outlined the first 4 steps in keeping your small-medium size practice insulated from HIPAA violations. Today we follow up with 4 more helpful ways to keep your EHR safe and secure from government scrutiny. Do annual security awareness training. A HIPPA awareness primer is... [Read More]
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