Medical Billing - expEDIum Solutions Blog

What Are the Quality Checks in Medical Billing?

By Suvarnna Babu December 5, 2024

Have you ever received a medical bill that didn’t make sense, leaving you frustrated and uncertain about what you’re paying for? Errors in medical billing are not only a source of stress for patients but also a significant challenge for…

Why Your Specialty Matters When Choosing a Medical Billing Company

By Suvarnna Babu November 28, 2024

Have you ever faced delays in claim reimbursements or unexpected denials that left your practice struggling with cash flow? If so, you might have wondered whether your medical billing partner truly understands the unique needs of your specialty. Running a…

Understanding Medical Claims: Navigating the Basics, Challenges, and Solutions

By Suvarnna Babu November 14, 2024

Navigating medical claims can be daunting, whether you're an individual or a business seeking healthcare for employees. This comprehensive guide will cover the fundamentals of medical claims, explore common challenges, and offer actionable insights to simplify the process, ensuring smoother…

Understanding the Difference Between Explanation of Benefits (EOB) and Medical Bills

By Suvarnna Babu November 14, 2024

If you’ve received a notice from your insurance provider labeled “Explanation of Benefits” (EOB) shortly after a medical appointment or procedure, you might be wondering if this document is a bill that requires immediate payment. The EOB and medical bill…

Enhancing Healthcare Efficiency with Electronic Prior Authorization (ePA)

By Suvarnna Babu November 8, 2024

Is your practice struggling with time-consuming prior authorization processes? In today’s fast-paced healthcare environment, any delay in treatment can be detrimental—not only to patient health but also to the efficiency and reputation of your practice. For many providers, traditional prior…

How to Increase Medical Collections Effectively During Deductible Season

By Suvarnna Babu November 6, 2024

Are you struggling to increase medical collections as patients’ deductibles reset for the new year? For many healthcare practices, the deductible season can be particularly challenging, as higher out-of-pocket costs often create a gap between services rendered and payments received.…

Medical Billing Through the Ages: A Technological Evolution

By Suvarnna Babu October 10, 2024

Medical billing has come a long way since its inception, transforming from manual, paper-driven processes to the digital systems we rely on today. According to a 2023 report, the global healthcare revenue cycle management (RCM) market is expected to grow…

Navigating Medical Billing Analytics: Addressing Operational Challenges with Efficiency

By Suvarnna Babu October 3, 2024

Medical billing remains one of the most complex aspects of healthcare management, and it continues to pose significant operational challenges for healthcare providers. According to a report from the Consumer Finance Protection Bureau (CFPB), medical billing errors impact millions of…

Transforming Patient Billing into Revenue Growth: The expEDIum Perspective

By Suvarnna Babu September 27, 2024

In today’s healthcare landscape, managing revenue cycles efficiently is more critical than ever. According to a 2022 study, nearly 73% of healthcare organizations reported that inefficient billing processes were one of the top reasons for revenue loss . This statistic…

How Efficient Patient Scheduling Boosts Healthcare Provider Performance

By Suvarnna Babu September 16, 2024

In the fast-paced environment of healthcare, efficiency and patient satisfaction are at the forefront of successful operations. One crucial, yet often underappreciated, factor that contributes to both is patient scheduling. A robust and efficient scheduling system not only ensures that…