The healthcare industry is one the biggest in the world today. In the United States alone it’s estimated that $46 billion will be spent on healthcare in 2020, according to the Centers for Medicare and Medicaid Services. Besides the actual services medical facilities provide, one of the most important and expensive aspects is medical billing and coding. Their services need […]
In a traditional healthcare system, through either a private practice or a hospital, it could take as many as 250 people just to generate one bill. That includes everyone from the nursing staff to the medical coders who know which services to bill patients for. In such a complex system, things can get a little bit complicated, and it’s easy […]
The Centers for Medicare and Medicaid Services reports that over the next five years, $46 billion will be spent annually on national healthcare programs. And in a few months, all healthcare providers will have to master an entirely new patient billing and medical coding system, the dreaded ICD-10.
For thousands in the medical community, the looming implementation of the ICD-10 has […]
Over a third (35%) of Americans struggle to pay medical bills. Plus, unpaid medical expenses are the number one reason families ultimately file for bankruptcy. Thankfully, this is not inevitable. In fact, it’s something that may change in a few short years. Here are a few reasons why things seem to be changing for the better:
Americans Are Getting Smarter About […]
At some point down the line, the average health insurance company will assess your overall health, physical wellness, and estimate about how long you may live and use that to determine your rate and/or the extent of your coverage. Of course, that raises questions about longevity and markers of health — namely, how can you tell? According to USA Today, […]
Even the best health care facility may feel daunted by the reality of large medical bills, scores of unanswered calls to patients, and collection agencies. In short, money — and especially debt — can be a bummer. With medical coding and medical billing resources, doctors offices, physician practices, and hospitals can focus on what’s at the heart of their operations: […]