Inaccurate coding remains a top medical billing error

Date: 17 Aug 2020 | Author: elmedical_admin

Inaccurate coding remains a top medical billing error While ICD-10 implementation went smoother than expected for most healthcare organizations, coding inaccuracies are still a significant challenge for many providers. Incorrectly or mistakenly coding a medical service will likely lead to an uptick in claims denials, so healthcare organizations should regularly train clinical staff on ICD-10 coding updates and encourage front-end staff to communicate with clinicians if

Neglecting to inform patients about financial responsibility spells collection issues

Date: 17 Aug 2020 | Author: elmedical_admin

Neglecting to inform patients about financial responsibility spells collection issues The main goal of medical billing is to collect the full amount for services rendered, but many healthcare organizations have recently experienced more issues with collecting payments from patients because of an increase in patient financial responsibility. The increase in high-deductible plans shifted healthcare payment responsibility to the consumer rather than the payer. As we know t