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The One Source Medical Billing blog section provides informative articles relating to the medical billing field. This section is administered and maintained to offer information and suggestions from the experts at One Source Medical Billing. Our mission is to inform and educate you with the latest developments in the Medical Billing field.
In 2023, similar to previous years, medical billing and coding regulations have been updated. While some of these 2023 medical billing updates are easy to accommodate, others have been reported to need to be more precise and more manageable for healthcare workers. Even the smallest updates, like the changes with the QPP (Medicare’s Quality […]
Read MoreThe process of submitting a patient’s claim to their insurance provider and receiving reimbursement after the provider performs a manual review of it may appear straightforward, but it’s not that simple. There’s significant information, billing codes, clinical data, and much more involved in the claims submission process that makes it complicated. Every medical claim, whether […]
Read MoreIn the healthcare industry, achieving revenue cycle optimization can be challenging as it involves many parts, such as charge capture, registration, patient collections, remittance processing, insurance claim follow-ups, and other billing and coding practices. To mitigate losses, hospitals and health systems must keep all departments within the organization updated regarding the current industry trends and […]
Read MoreMedical billers and coders deal with thousands of codes when documenting procedures and other relevant treatments provided to patients, making medical billing errors inevitable in some cases. However, when these errors occur, they can impact the claims process, leading to denied claims or delayed reimbursement, resulting in a loss of revenue. Typically, errors in medical […]
Read MoreMedical billing and coding are complex procedures that play a vital role in ensuring accurate and timely reimbursement in the healthcare industry. Navigating the intricacies of these procedures and establishing the best practices to optimize revenue for the facility or practice is always a challenge for healthcare providers. Therefore, following these medical billing tips for […]
Read MoreAs a healthcare professional, you would be familiar with the importance of medical billing in optimizing a practice’s revenue cycle. Submitting claims and accurate billing can be complex and overwhelming procedures due to the ever-evolving insurance and compliance regulations- especially when you have to complete detailed forms like the UB 04 claim form. Whether you […]
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