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Common Medical Billing & Insurance Terminologies I-Med Claims

A health savings account (HSA) is a type of savings account that allows healthcare providers to pay for expenses with pre-tax cash. HSAs are frequently thought of as a way to supplement a certain insurance plan – an HSA-qualified High … See more

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Guideline About Healthcare Reimbursement Process I-Med Claims

WEBThe process through which your hospital, healthcare provider, diagnostic facility, or doctor is compensated for providing you with healthcare or medical services is …

Category: Medical Go Health

All you need to Know About Medical Claims Adjuster I-Med Claims

WEBJuly 28, 2022. Medical Billing. The medical claims adjuster is in charge of the claims processes after getting medical treatment. They examine patient information and …

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How Does The Medical Billing Cycle Work

WEBMedical billing deals with submitting healthcare claims to insurance companies to get paid for medical services given by healthcare professionals. Medical …

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Ultimate Guide to Medical Billing Audit Process I-Med Claims

WEBMedical billing auditing is a planned process of analyzing and evaluating the effectiveness and dependability of clinical documentation and the overall medical billing …

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How Do Insurance Companies Pay For Medical Bills I-Med Claims

WEBCoinsurance. Coinsurance is the percentage of healthcare costs you pay after you have met your deductible. For example, if you have a 20% coinsurance, your insurance provider …

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Clean Claim Ratio & Its Importance in A/R Management

WEBA Guide To Clean Claim Ratio And Its Importance In A/R Management. May 31, 2023. Medical Billing. Effective claims management is crucial for businesses to …

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Most Common Modifiers In Medical Billing I-Med Claims

WEBThis modifier cannot be used to bill for processes. Modifier 25 – It is added to all E/M services performed on the same day as another significant surgery by the same …

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Guidelines Of Behavioral Health Billing Services I-Med Claims

WEBA Comprehensive Guideline Of Behavioral Health Billing Services. December 19, 2022. Medical Billing. Behavioural health billing services are a necessity …

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Experienced Behavioral Health Billing Services I-Med Claims

WEBThe Billing Process for Psychiatrists, Psychologists, and Behavioral Health Services. Our billing service adheres to a strict and proprietary billing methodology …

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The Future of Medical Billing and Emerging Industry Trends in 2024

WEBThe future of medical billing in 2024 is marked by technological innovation, patient-centric approaches, and adaptive strategies to address regulatory challenges. By …

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The Challenges of Gastroenterology Billing and Coding

WEBThe coding process in gastroenterology is highly manual, involving extracting information from reports and selecting codes. This is labor-intensive. Outdated …

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Importance Of ICD-10 Codes In Healthcare Industry I-Med Claims

WEBImplementing the ICD-10 code set also enables more accurate payment for the latest techniques, fewer rejected claims, fewer fraudulent claims, a deeper …

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Importance Of Authorization In Medical Billing I-Med Claims

WEBMedical Billing Prior Authorization. In medical billing, authorization refers to the process by which the payer agrees to cover the prescribed services before they are …

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Upcoding & Upbundling-Common Medical Billing Fraud

WEBHealthcare fraud occurs when a healthcare provider knowingly provides false or misleading information to determine the number of healthcare benefits to pay. …

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Compliance Strategies for Revenue Cycle Management

WEBHospitals can prevent fraud and abuse within the healthcare system by emphasizing compliance and accuracy in revenue cycle management (RCM).Claims …

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Referral And Prior Authorization I-Med Claims

WEBA referral is when your healthcare provider recommends that you receive medical services from another healthcare provider or professional. Prior authorization or …

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Medical Billing KPIs and Metrics I-Med Claims

WEBMedical billing metrics or Key Performance Indicators (KPIs) help the physician to understand their revenue cycle and provide insights to increase collections. …

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Impact of ICD-10 On Revenue Cycle Management I-Med Claims

WEBImpact of ICD-10 On Revenue Cycle Management. June 29, 2022. Medical Billing. The implementation of ICD-10 coding in 2015 resulted in a significant …

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