According to Worldmetrics.org medical billing errors account for an estimated $68 billion in unnecessary healthcare revenue loss. Given this staggering figure, understanding the ins and outs of medical coding and billing becomes crucial for healthcare practices. Accurate documentation of services and procedures during patient visits can make the difference between receiving timely revenue or facing […]
Strategies to Minimize Denials and Maximize Revenue for Healthcare Practices
As healthcare coding evolved from ICD-9 to ICD-10, understanding the updated codes for neurological conditions has become crucial for accurate billing and documentation. Healthcare practices, especially those focusing on neurology, must ensure they are coding correctly to optimize reimbursements and maintain compliance. This guide provides a brief overview of the ICD-9 to ICD-10 conversions for […]
Navigating Behavioral Health Agency Credentialing and RCM Best Practices in New Mexico
In New Mexico, Behavioral Health (BH) agencies play a vital role in delivering specialized treatment and training to providers seeking independent licensure. These agencies provide an array of services, from comprehensive community support to opioid treatment programs. To effectively manage the complexities of Revenue Cycle Management (RCM) and credentialing, healthcare practices must stay compliant with […]
Facet Joint Interventions for Pain Management Coding
Effective pain management is crucial in treating chronic neck and back pain, and Facet Joint Interventions are key procedures in this realm. This guide explores the specifics of coding for these interventions, offering private practices essential information to navigate the complexities of medical billing effectively. Understanding Facet Joint Procedures Facet Joint Interventions target chronic neck […]
Ophthalmology Billing & Coding: Ultimate Guide 2024
In 2024, ophthalmology billing guidelines saw major updates. These changes are reshaping how we manage eye care. It’s crucial for professionals to keep up with the latest ophthalmology coding updates. This helps ensure smooth operations in your practice. The task of mastering eye care coding practices might seem tough. But, this guide aims to simplify […]
2024 CPT changes for Radiology
This information outlines changes to the Current Procedural Terminology (CPT) and Healthcare Common Procedure Coding System (HCPCS) codes specific to radiology and imaging services for the year 2024. Here’s a breakdown of the key points: New Codes Added for 2024: Ultrasound of pelvis, hips, and spine for bone density measurement: A new code (0815T) has […]
2024 CPT changes for Podiatry
In terms of podiatry medical billing and coding procedures, 2024 is a critical year. It introduces a slew of noteworthy modifications, including updated Evaluation and Management (E&M) descriptions and newly proposed vaccine codes that are pending FDA approval. These changes emphasize how crucial it is to remain knowledgeable and flexible in the always changing healthcare […]
2024 CPT changes for Ophthalmology and Ophthalmologic Surgery
In 2024, there are some important updates in how medical procedures and visits are coded for Ophthalmology Practices. These changes affect various aspects of healthcare, from office visits to surgical procedures and vaccinations. Let’s take a closer look at what’s new and how it might impact medical practices. 2024 CPT Changes Overview for Ophthalmology The 2024 […]
2024 CPT changes for Obstetrics and Gynecology
Significant changes to the Current Procedural Terminology (CPT) codes and guidelines for 2024 were announced, affecting OB/GYN medical specialties. Let’s delve into the key modifications: 2024 Gynaecology CPT Changes Overview: Additions: The majority of additions pertain to laboratory medicine, reflecting advancements and expansions in diagnostic procedures. Revisions: Notably, revisions have been made to office visit […]
Efficient Medical Billing Tips for Small Practices
In the quest to enhance financial performance in medical practices, especially in small settings, the implementation of robust small practice billing strategies is a game-changer. Recognizing the unique challenges independent practitioners face, effective revenue cycle management for independent practitioners is not simply an administrative task; it is critical to the sustainability and growth of their […]