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Medical Billing News and Articles

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The Benefits of Using Our Medical Billing Service

If you are running a medical practice of some kind, then odds are you’re forced to devote some of your or your employees’ time to medical billing. This can be somewhat of an issue if you don’t have a staff dedicated solely to medical billing. Most practices have a few employees who share that responsibility among others. Because of this, outsourcing your medical billing services to us at ProMD will

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Time to Outsource Your Medical Billing?

Is it Time to Outsource Your Medical Billing? Does your medical practice have the resources to maintain a full-time staff to handle coding, billing, contracting and claim denials? Many small practices do not and try to get by with a limited and overworked staff. Depending on the size of your practice and the volume of patients seen, you may not be able to staff a billing department fully so that

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Tips to Increase the Profitability and Efficiency of Your Medical Practice

Providing excellent service and patient care is a priority for a medical practice. Running a profitable and efficient business as well can become a juggling act if you do not have the right staff and systems in place. Want to know if your practice is reaching its full revenue potential? Begin with a complete medical practice assessment that will allow you to look at every aspect of your practice and

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Specialized Billing Support for ENT Practices in Florida

Understanding the Importance of Specialized ENT Billing Managing the financial operations of an ENT practice requires accuracy, consistency, and deep knowledge of otolaryngology procedures. Billing for ENT services involves complex coding, strict compliance requirements, and high claim volumes, making it challenging for in-house teams to maintain efficiency. Incomplete or inaccurate billing processes can lead to claim denials, delayed reimbursements, and revenue loss. A structured and specialized approach ensures that claims

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Understanding the Process of Physician Contracting and Credentialing

Managed-care companies require that their contracted medical practices and physicians meet credentialing requirements before they begin to service patients. The same goes for hospitals – they, too, require physician credentialing before allowing hospital visits or attending care. The problem is that contracting and credentialing can be a confusing, difficult, and time-consuming process. Few busy medical practices have the time or resources to focus on this issue. However, considerable revenue can

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Using Billing Professional Consultant To Assess Billing Performance

The billing of your medical practice is extremely important. There are all kinds of problems that can result in poor billing performance, which means that you’re losing money. For example, there are errors in your billing or you’re not effectively tracking what you’re owed when it comes to collections. Identifying your billing performance can help identify problem areas, thereby helping to make your practice run more efficiently and reducing the

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Ways To Increase Medical Practice Revenue

While your main goal as a doctor is treating patients, it’s important to maintain a profitable medical practice to ensure you can continue to do what you’ve been trained for. Here are some of the most important things you can do to help increase your medical practice’s revenue: 1) Conduct a Billing Assessment A medical billing assessment helps physicians identify what is working effectively and what changes can be made

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What Are The Benefits of Outsourcing Billing and Collections?

Too many medical practices continue to keep their billing and accounts receivable in-house, ignoring the benefits of employing a team of dedicated medical billing professionals. The right medical billing and practice Management Company can have a significant positive affect on your bottom line. When choosing medical billing services, look for a track record of results, airtight accounting practices, punctual bill posting, accessible reporting and accountability. A full service practice management

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What Patients Need to Know About the Recent Medicare Card Changes

There was once a time when we would use our social security numbers (SSN) as student IDs and employee numbers. The military would even use the SSN to address mail (the SSNs were written right on the envelope!) and soldiers would stencil them onto their duffle bags for easy identification. However, with identity theft a real risk and a number of high-visibility security breaches that left millions of Americans vulnerable,

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Why Are Medical Claims Denied?

Submitting claims to insurance payers can be a time-consuming task. Medical practices that are understaffed often take a while to submit their claims, which in turn reduces their revenue since this means that it will take a while to get paid. Additionally, when you have staff that’s submitting claims as only one of their responsibilities, there’s more risk that they will make errors that will result in claim denials. Claim

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