Thursday, January 9, 2025
The success of a healthcare business depends on the complete set of multiple tasks including patient care and medical billing. Payment posting is the final but most crucial step in the billing process. A slight error in this process can put your entire revenue cycle at risk. This task cannot be performed easily by just
[ Read More ]The health plan market is undergoing a drastic transformation. In the past, the competition had been lean with just a small number of payers. However, the market dynamics are changing. Since 2017, the number of MA plan choices per county has increased by 49 percent. The competition is said to grow even more in the
[ Read More ]In the transition to value-based care, healthcare providers are feeling heightened pressure to comply with burdensome health IT reporting requirements for MACRA’s Quality Payment Program (QPP). Fortunately, for providers across the country who have expressed concerns with the burden, reporting stresses may soon lessen. After engaging more than 100 stakeholder organizations and with feedback from
[ Read More ]CMS completed the first of three planned reviews of health plan Provider Directory Accuracy and the results were not good. A few stats jump out: Nearly half of provider directory locations listed were inaccurate. (i.e. provider was not at the location listed, phone number was incorrect, or provider was not accepting new patients when the directory indicated
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