Medwave.io

Mastering Charge Capture: A Roadmap for Healthcare Providers

WebThe charge capture process typically includes: Recording diagnoses, procedures, tests, treatments, medical supplies used, etc. Capturing details like …

Actived: 7 days ago

URL: https://medwave.io/2024/04/mastering-charge-capture-a-roadmap-for-healthcare-providers/

Top Strategies to Drastically Reduce Claim Denial Rates in 2024

WebData shows this is a widespread, high impact issue. One study estimated that 9% of hospital claims are initially denied, leading to administrative costs of reworking …

Category: Health Go Health

Understanding General Behavioral Health Integration (BHI) CPT

WebIn today’s healthcare landscape, integrating behavioral health services with primary care has become increasingly important. Recognizing the significance of this …

Category: Health Go Health

Behavioral Health Billing & Credentialing Medwave

WebBehavioral health refers to the study, diagnosis, and treatment of mental and emotional disorders, as well as substance abuse and addiction. It encompasses a wide range of …

Category: Health Go Health

HL7 Standards: Enabling Healthcare Interoperability Medwave

WebAs health systems grow and acquire new technology, robust HL7 interfaces become essential to unlocking the full value of health IT investments through seamless …

Category: Health Go Health

4 Ways to Improve Patient Telehealth Experience

Web4 Ways to Improve Telehealth: Make certain you have a sturdy internet connection. A stable, constant internet connection is one of the basics of a first-rate telehealth encounter. There’s nothing like a …

Category: Health Go Health

Why Measuring Healthcare Outcomes is Important Medwave

WebIt’s important to understand how much, on average, your practice is spending to acquire each new patient. This cost influences your profitability and measures the …

Category: Health Go Health

Healthcare Revenue Cycle Management Challenges

Web3 Typical Revenue Cycle Management Challenges. Patient payments. Among the most predictable revenue cycle challenges that small practice providers …

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The Reimbursement Model Shift in Medical Billing Medwave

WebThe healthcare industry in the United States has undergone massive changes in recent decades. One of the most significant shifts has been in how …

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Medwave Medical Billing & Credentialing (Pittsburgh)

WebMedwave is located in Cranberry Township, Pennsylvania, serving the Pittsburgh metropolitan area and the rest of the USA. We are dedicated to providing exceptional …

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New Medicare Modifiers XE, XP, XS, XU: Examples of When to Bill …

WebEffective January 1, 2022, the Centers for Medicare & Medicaid Services (CMS) introduced four new HCPCS modifiers for Medicare claims: XE, XP, XS, and XU. …

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Decoding Medical Claims: an Introductory 101 Guide Medwave

WebInsurance payers cover a portion of patient medical expenses via reimbursement for approved claims. Main payer types include: Private health insurance …

Category: Medical Go Health

What Makes Mental Health Billing So Difficult

WebBilling too many mental health specific codes for your services can create problems for your practice. Three of the codes to be aware of are billing code 90837 …

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Why Do Health Insurers Require Prior Authorization

WebHealthcare.gov defines prior authorization as “approval from a health plan that may be required before you get a service or fill a prescription in order for the services or …

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The Essential Guide to Avoiding Improper Bundling in Medical …

WebImproper bundling in medical billing can lead to denied claims, payment delays, audits, fines, and even fraud allegations.. As a medical billing professional, it’s …

Category: Medical Go Health

Medical Billing KPIs and Metrics Every Practice Should Track

WebThese vital indicators help gauge the health of your billing operation: Claim Denial Rate – Percentage of submitted claims denied. Goal: Minimize. Days in A/R – …

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The Complete Guide to Fixing Common Medical Billing Errors

WebThis comprehensive billing guide for providers, clinics, and medical billers will help fix errors and boost revenue. Medical billing is a complex, detail-oriented process …

Category: Medical Go Health

The Importance of Accounts Receivable (AR) Recovery for

WebImproved Financial Health: AR recovery also has a positive impact on a healthcare provider’s financial health. By collecting overdue payments, a healthcare …

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Which CPT Codes are Used in Behavioral Health Billing

WebIn behavioral health, billing is slightly different than in other areas of healthcare. For example, behavioral health providers often provide psychotherapy and …

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The 10 Advantages of Outsourcing Your (Behavioral Health Billing)

WebMedwave provides behavioral / mental health billing services to multiple behavioral health treatment centers across the United States and has years of …

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