Medicare Beneficiary Identifiers Accelerate Claim Payment
(4 min read) On January 1, 2020, the Centers for Medicare and Medicaid Services (CMS) made the formal shift to the use of
(3 min read) Efficiency often evolves from problems. There are examples of problems transformed into efficiency everywhere we turn. The advent of the Keurig K-Cup reduced the steps required for your favorite cup of java to the push of a button. Amazon’s patented 1-Click ordering is so easy that my brother accidentally bought a television. Twice. In the same day! The 1-Click revolutionized the online shopping experience, reducing the industry’s average shopping cart abandonment rate of 70 percent (better for Amazon) and streamlining the shopping experience (better for the shopper).
We once had a customer explain to us their existing insurance discovery processes that involved a combination of documenting, printing, scanning and entering the same information multiple times through the revenue cycle. The only apparent reason for the duplication of steps was: That’s the way it has always been done. Inefficiency was magnified in this case and our mission was to fix the problem. Maybe you’ve seen this before. Maybe you’ve experienced it yourself. In the revenue cycle, automation is paramount. Here are six automation benefits for healthcare billing offices:
Want to learn more? Contact us or read more about how AR Boost technology and services supports your emergency medicine practice billing efforts here.
Ted Williams has been a featured presenter at regional and national EMS conferences, including the state medical associations, ambulance networks, and technology user group conferences. Williams is a founder of Payor Logic, a national provider of healthcare revenue cycle solutions.
(4 min read) On January 1, 2020, the Centers for Medicare and Medicaid Services (CMS) made the formal shift to the use of
(5 min read) “Self-pay” used to be a designation reserved for patients who are uninsured and covering the cost of medical expenses on their own. Over recent years, this ...
(5 min read) The domino effect of rising deductibles, increased patient financial responsibility and the ensuing impact on provider reimbursement has catapulted patient ...