ARRA – The American Reinvestment & Recovery Act was legalized on February 17th, 2009. It aimed to revolutionize many economic and social sectors including healthcare. Health Information Technology for Economic and Clinical Health (HITECH) Act was also one of its considerations. This act was in great support of the meaningful use of the electronic healthc...
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1 year agoHealth - Beauty - Fitness17 people viewed
Medical Credentialing strengthens the reputation of any healthcare professional! It is a process to verify that clinicians have undergone strict scrutiny and practice to acquire the skill of medicine to provide quality healthcare services to patients.It is also helpful for medical billing services as they can get reimbursements on time without any complicati...
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1 year agoHealth - Beauty - Fitness16 people viewed
Practices receive payments for rendered services after weeks, and sometimes it takes months for them to get paid. It doesn’t have to be patients or doctors all the time; when it is time for payment, there is a third stakeholder – the payer – that comes into play.The US healthcare system is made up of complexities. It is a system in which Medicare and Medicai...
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1 year agoHealth - Beauty - Fitness33 people viewed
The blog provides essential tips for medical billing services to stay HIPAA compliant in 2023. It emphasizes regular HIPAA training, strong password and clear desk policies, regular risk assessments, and up-to-date software and technology. By following these practices, medical billing services can ensure patient privacy and comply with HIPAA regulations. Lea...
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1 year agoHealth - Beauty - Fitness22 people viewed
Although MIPS reporting is not a new process for any professional healthcare provider, non-medical personnel merely have sufficient information about MIPS (Merit-based Incentive Payment System). Anyhow, the idea of reporting Medicare Part B claims data to a government body, CMS, seems interesting. Learn More https://p3care.medium.com/how-can-you-make-your-mi...
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1 year agoHealth - Beauty - Fitness16 people viewed
As a healthcare provider, you know how important it is to have a streamlined medical billing process. However, with the ever-changing healthcare landscape, it can be challenging to keep up with the latest billing regulations and requirements. That’s where P3 Healthcare Solutions comes in. Our team of experts can help you navigate the complex world of medical...
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1 year agoHealth - Beauty - Fitness15 people viewed
The Improvement Activity category of MIPS 2023 has 15 percent shares in the final scores. It seems that it covers a relatively small part of the MIPS final score and could be neglected. But it’s not true. MIPS 2023 has a rigid framework with no exception bonus at all. Likewise, CMS has set 75 points as the performance threshold for PY 2023 reporting. Thus, a...
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1 year agoHealth - Beauty - Fitness16 people viewed
Medical billing services are now more important than ever for healthcare providers to ensure they are paid fairly for their services as the healthcare sector develops. Optimizing your medical billing procedures is essential for the success of your practice given the evolving nature of healthcare. In the future of healthcare, follow these six measures to maxi...
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1 year agoHealth - Beauty - Fitness25 people viewed
The complete process of billing and obtaining payments from clients and insurance providers is included in revenue cycle management. This entails duties like submitting claims, confirming insurance coverage, and keeping track of unpaid claims. Through lowering claim denials, raising collection rates, and expediting the billing process, RCM aims to optimize t...
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1 year agoHealth - Beauty - Fitness23 people viewed
Cardiology is a specialized field of medicine that deals with the diagnosis and treatment of heart-related diseases. It is a critical area of healthcare that requires specialized knowledge, skills, and experience. Medical billing services for cardiology practices in California are crucial for the financial stability and growth of such practices. In this arti...
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1 year agoHealth - Beauty - Fitness25 people viewed
ACO or Accountable Care Organization is a group of doctors, hospitals, medical centers, and other healthcare providers. This unit works together to care for and look after a patient’s health. Their main goal is to improve the quality of care for patients. Ultimately, these add up to clinician’s MIPS reporting services, ACO reporting, or Quality Payment Progr...
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Medical billing outsourcing is been doing great in recent years. Healthcare practices face many challenges regarding dealing with patients, updating medical knowledge and procedures, and on top of that, compiling claims.When it comes to managing medical codes and multiple payers at once, it becomes difficult and often dreadful for clinicians to handle the bi...
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1 year agoHealth - Beauty - Fitness17 people viewed
