February, 2024 - expEDIum Solutions Blog

Strategic Billing: Maximizing Reimbursements for ASC and GI Procedure

By Anupriya Oraon February 23, 2024

In the fast-paced world of healthcare, Ambulatory Surgical Centre's (ASCs) and Gastroenterology (GI) practices continually seek ways to enhance operational efficiency and financial sustainability and reimbursements. Getting the billing process right is most important since it has a significant impact…

Healthcare Billing Solutions for the Digital Age

By Suvarnna Babu February 22, 2024

When it comes to healthcare billing, studies show that a significant portion of patients struggle to pay their bills on time. According to the Medical Group Management Association (MGMA), the average patient accounts receivable (AR) aging is 61 days, meaning…

Essential Revenue Optimization Strategies for EMS Billing

By Anupriya Oraon February 21, 2024

EMS medical billing refers to submitting claims to insurance companies and other payers for the services rendered by Emergency Medical Services (EMS) providers. Optimizing Emergency Medical Services (EMS) billing revenue is crucial for sustaining operations and ensuring financial stability. Here…

Common Challenges to EHR Adoption in GI Clinics and How to Avoid Them

By Suvarnna Babu February 20, 2024

In the early 1990s, a trend in the shift from paper-based health records to electronic records started; this was in response to advances in technology as well as the advocacy of the Institute of Medicine in the United States. Over…

How to Improve Medical Billing for Your Gastroenterology Practices

By Anupriya Oraon February 8, 2024

Medical billing is crucial for gastroenterology practices, especially given the specialty's integral complexity. The gastroenterology market is set to surge from USD 54.56 billion in 2023 to an estimated USD 93.8 billion by 2032, driven by factors such as the…

Benefits of EHRs in ASCs: Enhancing Quality of Care and Patient Outcomes

By Suvarnna Babu February 7, 2024

In today's rapidly evolving healthcare landscape, the adoption of electronic health records (EHRs) has become critical for healthcare providers to optimize workflow efficiencies, enhance patient care, and improve outcomes. While EHR adoption has been widespread in clinics and large hospital…

Measures for a Healthy Practice: Avoiding Negligence and Malpractice in Medical Billing

By Suvarnna Babu February 7, 2024

Medical billing is a complex and crucial aspect of the healthcare system, ensuring that healthcare providers receive rightful compensation for their services. However, within the intricate web of codes, regulations, and documentation, there exists a potential minefield of negligence and…

Maximizing Patient Engagement with Digital Payment Options

By Suvarnna Babu February 7, 2024

The patient experience is a critical aspect of healthcare delivery, and digital payments are transforming how patients interact with healthcare providers. As virtual care becomes more widespread, patients tend to expect the same seamless checkout experience they get in other…

Leveraging Electronic Health Records (EHR) to Streamline Operations and Cut Costs in Healthcare

By Anupriya Oraon February 6, 2024

Healthcare is moving toward an increasingly digital landscape, which has resulted in electronic health records (EHR) emerging as a game-changer. An EHR improves patient care and safety and reduces operating costs for healthcare organizations. This blog post will examine how…

Claim Denied: The 5 Common Mistakes You Need to Avoid

By Anupriya Oraon February 6, 2024

Denying a claim can lead to financial losses for clinics, hospitals, or providers. Denials of claims can be prevented by understanding the common errors that result in them and preventing them from occurring is the first step to a smoother…