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How AI is Transforming Healthcare: 12 Real-World Use Cases

WEBArtificial intelligence has moved from hype to mainstream adoption across healthcare, unlocking new possibilities for improving patient outcomes, experiences, and …

Actived: 5 days ago

URL: https://medwave.io/2024/01/how-ai-is-transforming-healthcare-12-real-world-use-cases/

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

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 …

Category: Health Go Health

Balancing Social Media and Patient Privacy in Healthcare

WEBAs part of the policies, prohibit or set limits on the photographic use of cell phones and other portable electronic devices. Train staff members on HIPAA and state …

Category: Health Go Health

The Importance of Ethical Medical Billing Practices Medwave

WEBThe case of Dr. Michael Stevens is an illustration of the worst-case scenario when unethical behavior impacts medical billing.. An anesthesiologist and owner of a …

Category: Medical Go Health

The Essential Guide to Avoiding Improper Bundling in Medical …

WEBUnderstanding the National Correct Coding Initiative (NCCI) The National Correct Coding Initiative (NCCI) is a CMS program that helps prevent improper coding …

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A Comprehensive Overview of Medical Billing and Coding Salaries

WEBAverage salaries for common billing and coding roles: Medical Biller: $36,000 per year. Medical Coder: $45,000 per year. Certified Professional Coder (CPC): …

Category: Medical 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 …

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Brace for Impact: Managing the Surge of New Medical Billing …

WEBThis wide-ranging 2021 legislation bans surprise medical bills patients face from out-of-network providers. But the law requires payers and practices implement …

Category: Medical Go Health

Medical Providers: Never Underestimate the Importance of Your …

WEBYour patients need to see the value in their healthcare experience every step of the way. Presenting well-mannered and professional staff, clean and well-lit …

Category: Health Go Health

New Jersey Medical Billing, Credentialing Medwave

WEBMedwave is pleased to offer our medical billing and credentialing services to healthcare professionals across the entire State of New Jersey.. Home to a strong network of world …

Category: Medical Go Health

The Importance of Accounts Receivable (AR) Recovery for

WEBMaximizing Accounts Receivable Recovery: Strategies and Best Practices. Accounts Receivable (AR) recovery refers to the process of collecting outstanding …

Category: Health Go Health

Which CPT Codes are Used in Behavioral Health Billing

WEBSome of the most common behavioral health CPT Codes include 90791 for diagnostic evaluations, 90834 for psychotherapy sessions lasting 45-50 minutes, and …

Category: Health Go Health

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

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

Outsourcing vs In-House Billing: Pros and Cons for Practices

WEBLower Cost. Though outsourcing provides economies of scale, keeping small billing volumes fully in-house may cost less than fees to outsource. Salaries for a couple …

Category: Health Go Health

Which CPT Codes are Used in Nursing Facility Billing

WEBAfter the comprehensive initial assessment, subsequent skilled nursing facility E&M codes capture necessary follow-up visits and care: 99307: Used for low complexity …

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Medical Billing KPIs and Metrics Every Practice Should Track

WEBClaims Denial Rate – Under 8%. Bad Debt Percent – Less than 6%. Average Days in A/R – 45 or less. Coder Productivity – 65-75 charts/day. Clean Claims …

Category: Health Go Health