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transcure · 2 years
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Improve Practice Profitability with Outsourced Billing Services
Efficient medical billing services allow healthcare providers to increase revenue generation and streamline practice management. Practices get paid faster and improve profitability with outsourced billing services. They can focus on patient care and get rid of the burden of losing money.
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transcure · 2 years
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Achieve Optimal Reimbursements with Holistic Billing Services
Holistic billing services improve the overall performance of healthcare practices and help them improve cash flow. Further, hiring professional billing companies enable medical practices to get specialty-focused billing. Also, providers can work with highly trained and certified billers and coders when they hire a billing company.
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transcure · 2 years
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AR Management Services and their Importance in Healthcare
The AR management services process heavily relies on the work of an AR specialist. With prompt follow-up with insurance providers and patients, our team of AR professionals drastically cuts down AR billing days. The organization’s total cash flow and financial status is enhanced as a result.
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transcure · 2 years
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How Medical Billing Services Empower Healthcare Providers
Medical practices of all sizes can streamline their revenue cycle and get timely reimbursements from insurance payers with medical billing services. To keep the patient health information secure, medical billing HIPAA compliance is an essential part of making the practice successful.
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transcure · 2 years
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transcure · 2 years
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How Claim Scrubbing Helps Healthcare Providers
To ensure the profitability of medical practice, claim scrubbing is a process which can help. In addition, the complexities in the billing process can be reduced with the scrubbing process. So, medical practices can make the scrubbing process efficient to minimize billing errors.
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transcure · 2 years
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Distinguishing Between GV and GW Modifier and their Applicability
Medical billing professionals at all levels can use codes and modifiers to make the procedure smooth and consistent. GV and GW are HCPCS Level II Medicare Hospice Modifiers. Here is all the information you need to know about them, including what distinguishes GV from GW modifiers.
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transcure · 2 years
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Why is it important to Celebrate Medical Assistant Day 2022?
Medical Assistant Day 2022 acknowledges the untiring efforts of competent medical assistants in the healthcare industry. Medical Assistants (MA) deserve loads of appreciation because they put all their efforts into delivering quality care to patients.
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transcure · 2 years
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Achieve Maximum Efficiency With RCM Automation
Technology is transforming the operations of medical practices and driving efficiencies in workflows. Robotic Process Automation (RPA) is one such technology which brings RCM automation by replacing manual tasks with software solutions. Similarly, RPA in RCM brings customized software bots which handle the manual data entry process.
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transcure · 2 years
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Prevent Claim Denials with Automated Medical Billing
Claim denials continue to be one of the most persistent and costly issues confronting healthcare systems. According to a study published last year by the Healthcare Financial Management Association, $262 billion in total claims submitted by healthcare organizations were refused, equating to over $5 million in denials per provider on average.
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transcure · 2 years
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Improve Your Bottom Line With Telehealth Cost Savings
Telehealth delivery has taken the medical industry by storm. With the advent of new technologies and advancements in telehealth, telehealth cost savings are well documented too. Research from Gartner shows that average healthcare costs for hospitalizations reached $2750 in 2021 and will rise to $3750 by 2025.
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transcure · 2 years
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Must-Have EHR Features for Improved Psychiatry Medical Billing
Electronic health records, or EHR, is used by both small and big medical offices to maintain track of patient information and identify broad spectrums in the community they serve. A mental health EHR application is essential for psychiatrists to ensure efficient psychiatry medical billing.
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transcure · 2 years
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Optimize Practice Revenue with Outsourced Medical Billing
The medical billing industry is growing at an incredible rate! Learn more in this blog about the advantages of outsourcing your medical billing and collections. The best way to keep your medical practice profitable is through outsourcing medical billing and collections. Find out how to get started today! Read more
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transcure · 2 years
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Maximize Reimbursements by Medical Billing Services
Medical billing services are a necessary component to ensure the accuracy of medical coding and claims. Through the use of medical billing services, providers can maximize reimbursements and reduce insurance premiums.
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transcure · 2 years
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How to Ensure HIPAA Compliant Billing Process
The HIPAA compliant billing ensures the protection of patient information and reduce the chances of potential security risks. The protection of patient data is essential under the HIPAA guidelines and medical practices should implement HIPAA compliant payment methods to secure the payments.
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transcure · 2 years
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Hospital Billing Services VS Professional Billing Services
Healthcare providers can streamline their revenue cycle with professional billing services and increase their financial performance significantly. Medical billing outsourcing services enhance the billing and coding processes of hospitals and medical practices.
Read More: Hospital Billing Services VS Professional Billing Services
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transcure · 2 years
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Contracting Vs Credentialing - 5 Key Differences
The credentialing in medical billing helps providers to get affiliated with insurance payers and grow their network. Outsourced billing services help medical practices improve revenue cycle performance and reduce the rate of claim denials. Credentialing companies offer a medical cost savings solution for healthcare providers.
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