Winston-Salem could see a net gain in jobs as Novant Health Inc. streamlines its billing operations. Novant, the parent company of Forsyth Medical Center, told employees in a meeting Wednesday that it will close billing offices in Winston-Salem and Fort Mill, S.C. Novant spokeswoman Freda Springs said the moves will not eliminate any jobs. Rather, the company will ... [full story]
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- Capture Billing & Consulting, Inc., a full service medical billing company, continues to flourish in today’s slowing economy. To accommodate the company’s growth, they have recently relocated their Washington, DC-area headquarters to new state of the art secure facilities in South Riding, Loudoun County, Virginia. This triples the size of Capture Billing’s previous office space. Even with the soft ... [full story]
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Before you can choose a Billing Center, you need to pre-define your goals. Some practices benefit by outsourcing their billing to keep patient care separate from billing and reimbursement issues. It is true that medical billing or practice management is not being taken lightly. I’m not here to tell that anyone can do it. I’m here to tell you ... [full story]
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The medical billing business requires quality services under the time bound condition. Most of the offshore business requires quality work under the specific time. Medical business need to offshore facilities in the developing countries. The medical billing provides easy guidelines to the beginners. The major health care provider needs to install billing system. 1. The majority of the ... [full story]
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Liberty Professional Billing, based in Freehold, NJ, recently announced that the company’s clients will receive UbiquityMD, a powerful [b]medical software program[/b]. Katie Shumaker, Liberty’s business manager, says that it will allow all types of medical practices to better monitor their finances. “The main feature is providing 24/7 real-time data that can be accessed by any computer in the network,” ... [full story]
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# Liberty Professional Billing, based in Freehold, NJ, recently announced that the company’s clients will receive UbiquityMD, a powerful [b]medical software program[/b]. Katie Shumaker, Liberty’s business manager, says that it will allow all types of medical practices to better monitor their finances. “The main feature is providing 24/7 real-time data that can be accessed by any computer in the ... [full story]
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Vish Ramamurti is home again. Sixteen years after leaving India to pursue a better life in the United States, the 37-year-old electrical engineer has returned to Bangalore. There were many reasons for his reverse migration: ageing parents, homesickness and a desire to teach his children his native language. But the real driver was job opportunity. Last July, Mr. Ramamurti ... [full story]
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Medical billing services encompass a variety of activities, the main purpose of which is the complete processing of bills and the filing of claims with insurance companies, so that the clients of such medical billers, i.e. physicians, be paid the appropriate amount in due time. The typical medical billing services are provided independently of clinics and hospitals. Nowadays, medical billing ... [full story]
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Rising Medical Solutions, Inc. (Rising), a national medical cost containment organization, and WorkCompEDI, an electronic transaction clearinghouse company, recently established a relationship to process electronic billing transactions between healthcare Providers and Payers of Workers' Compensation claims. Rising initially contracted with WorkCompEDI to implement a national clearinghouse solution in compliance with the eBilling requirements mandated by the Texas Department of ... [full story]
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Medical Mutual of Ohio (around $2 billion in annual revenue) always has had some success in identifying fraudulent claims activity, as evidenced by the 700 indictments John Shoemaker, financial investigations unit manager, and his team have produced over the past 20 years. More recently, however, the approach Shoemaker and his team take aims to stop fraud before it occurs. ... [full story]
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Hayes Management Consulting announced today that it will provide its MDaudit™ software to the Duke University Medical Center’s faculty physician organization, Private Diagnostic Clinic (PDC). By automating the administrative aspects of billing compliance auditing, MDaudit significantly improves audit productivity, increases audit accuracy and quality, maximizes revenue and provides a standardized, streamlined environment for compliance departments. It is currently in use ... [full story]
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ProVation® Medical, part of Wolters Kluwer Health, announced today that Piedmont Gastroenterology Specialists has selected ProVation MD and ProVation MultiCaregiver software for physician and nursing procedure documentation and coding. ProVation® MD software for multi-specialty procedure documentation and coding replaces dictation/transcription and streamlines the coding and billing process. Driven by deep medical content, ProVation MD allows clinicians to quickly and ... [full story]
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Medicalbillingsoftware.com has announced the worldwide release of the Medisoft Medical Billing Software Version 14. This new version is designed to increase productivity in any medical office, as it simplifies the management of patient paperwork and data processing. Medisoft v14 offers many features that are meant to ensure that more time can be spent on the patient than on ... [full story]
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MedAssets, Inc. (NASDAQ: MDAS: 19.85, -0.10, -0.50%) announced today that Valley Medical Center signed an agreement to expand their relationship to include MedAssets' entire range of supply chain solutions. This expands the current relationship through which Valley Medical Center utilizes certain MedAssets Revenue Management capabilities and supply cost management services to help improve the health system's cash flow and profit ... [full story]
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One round in and the Six Nations championship has already lived up to its billing as an open and unpredictable tournament, adding extra spice to this weekend's three fixtures. Holders France, who repaid coach Marc Lievremont's faith in youth with a confident, creative victory over Scotland last weekend, remain favourites but will run out in front of their own fans ... [full story]
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Ingenious Med, leaders in software and services for improving inpatient charge capture and practice management, announces record sales, product deployments, partnerships, and client expansions in 2007. At year end, Ingenious Med's 2007 sales increased by 81% over 2006. This increase in sales coupled with strong margins led to a dramatic increase in IM's overall profitability. In the past year, ... [full story]
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MediConnect Global, Inc. (www.mediconnect.net) today announced it will roll out new enhancements over the next several weeks of its RapidRetrieve online medical records retrieval and digitization system beginning today with Full Chronological Sorting. Other enhancements provide automated ordering of comprehensive medical record reviews, and validate proper life insurance policy numbers. New enhanced features include: -- Full Chronological ... [full story]
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Ben and Adrienne Ochs never thought much about their insurance coverage. They paid their premiums, never had any serious health problems, and assumed if they did they'd be covered. All that changed in 2004 when Ben was diagnosed with cancer and his insurance company refused to cover his treatment. "You put your faith in the system because you pay your ... [full story]
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ABC Coding Solutions announces ZipClaims.com, a new online claim filing system, designed to empower over 2 million healthcare practitioners to transmit standard medical billing. Claims data from the system will also identify cost effective options to medical care. According to the company, ABC codes help bring non-physicians into the insurance-industry mainstream. “We found that nurses, counselors, chiropractors and many ... [full story]
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Before you send out that first claim for federal or state reimbursement of health care services, you'd better be certain that you understand the federal and state issues pertaining to compliances for medical billing companies as established by the Office of Inspector General (OIG). What are the issues related to compliance? The OIG along with the Health Care Financing ... [full story]
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Here are a few basics of what this broad subject has to offer up to any individual who wants to know more about it. Remedial billing fraud charges are astronomic! Last year, the United States improved over $1.4 billion for profess that were fraudulently thrilling. That number only epitomizes the total of medical billing money improved. It does not ... [full story]
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If you are planning to study medical coding or medical billing, then why not do both? You'll not only add skills to your medical billing coding business but you can count on finding clients as employers are looking for workers who are cross-trained, flexible, and knowledgeable about reimbursement issues relative to health care. Reasons for Medical Billing Coding Business ... [full story]
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In 1996, Congress passed the Health Insurance Portability and Accountability Act or HIPAA as it is more commonly known. HIPAA regulations affect every aspect of health care services including the billing of health services. Hence, HIPPA compliant medical billing software was invented. Simply put, HIPAA protects the availability of health insurance when a worker changes or loses a job. ... [full story]
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According to the most recent numbers complied by the U.S. Department of Labor, the median medical billing and coding salary is $23, 890. Health information technicians were included in these numbers. Perhaps surprisingly, nursing homes paid the highest wages at a median annual wage of $25,160 while workers in the offices of physicians earned a median annual wage of $21,320. ... [full story]
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If you’re thinking about starting a medical billing service, there are some things you should know that are of great benefit. What does a medical billing service do? Medical billing services offer billing and collection services to physicians. Most doctors don’t know all that is necessary to handle all of the billing responsibilities of running a practice. Basic billing, ... [full story]
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Owning a busy medical practice demands organization, tight schedules, and don't forget - plenty of time to care for every patient. In all the hustle and bustle, the very backbone of your financial well-being, medical billing, can get put on the back burner if you're not careful. But, don't let it get out of hand. Use the tips below to ... [full story]
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Physical therapy billing is often misunderstood and taken for granted by most private practices which result in thousands of dollars lost each month, if not more. Proper PT billing and CPT coding can make or break a practice. Those who know rehab billing secrets and techniques and do it well are more successful overall. Those who do not fully understand ... [full story]
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The average practice submits half of its codes wrong, while some practices rarely exceed more than one code right out of every five codes. Inexact and inconsistent coding increases the risks of undercharging, overcharging, and post-payment audit. This article outlines evolution of coding from individualistic art towards disciplined and systematic process. It is convenient to review the role of ... [full story]
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HIPAA compliance requires special focus and effort as failure to comply carries significant risk of damage and penalties. A practice with multiple separate systems for patient scheduling, electronic medical records, and billing, requires multiple separate HIPAA management efforts. This article presents an integrated approach to HIPAA compliance and outlines key HIPAA terminology, principles, and requirements to help the practice owner ... [full story]
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Dr. Ben Lerner, founder of Teach The World About Chiropractic and author of "One Minute Wellness," discovered a uniquely convenient way to educate thousands of chiropractors about coding compliance and audit risk reduction. "Compliance maintenance requires special skills and military discipline," says Dr. Lerner. "Webinars are ideal for audit risk management instruction because they deliver urgently needed education but require ... [full story]
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While there is no requirement to hold medical billing certification, many individuals find it is a valuable aid in demonstrating their ability, knowledge and professionalism to potential employers. Associations offering Medical Billing Certification Two groups offering certification in medical billing are the American Medical Billing Association and the Electronic Billing Medical Network The American Medical Billing Association offers ... [full story]
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Starting a medical billing business may not be as easy as you think. Here are some guidelines on how to start a medical billing business. Seven step plan on how to start a medical billing business • Get educated. In addition to getting a good background in office management, billing practices, and general knowledge of bookkeeping, it can ... [full story]
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