Medical billing company - expEDIum Solutions Blog

A Guide to Finding a Reliable Revenue Cycle Management Partner

By Suvarnna Babu March 30, 2023

The healthcare industry is a dynamic field that poses increasing challenges for healthcare providers in effectively managing their revenue cycle. One viable solution is to collaborate with a competent Revenue Cycle Management (RCM) company to streamline and optimize the revenue…

Maximizing Revenue Streams in Healthcare: Addressing Common Challenges

By Suvarnna Babu March 24, 2023

In the contemporary digital age, the healthcare sector has initiated the employment of robotic process automation and artificial intelligence to administer its revenue cycle. The adoption of automated workflows is inducing fewer inaccuracies, amplified collections, and overall profitability. Nevertheless, despite…

Revenue Cycle Management: Essential Tips for Ambulatory Surgery Centers

By Suvarnna Babu March 16, 2023

There is a notable trend in the migration of specialized medical procedures from hospital settings to outpatient facilities, such as ambulatory surgery centers. These procedures include complex orthopedic, spinal, and cardiology surgeries, among others. The driving factors behind this shift…

Understanding Ambulatory Surgery Center (ASC) Billing: An Overview

By Suvarnna Babu March 9, 2023

Ambulatory Surgery Centers (ASCs) have emerged as a crucial player in the healthcare industry as they offer a convenient and cost-effective alternative to hospital-based procedures. As the demand for ASC services continues to increase, it is imperative that these centers…

Navigating the Healthcare Landscape: The ASC Effect on Hospitals and Clinics

By Suvarnna Babu March 2, 2023

The healthcare industry is undergoing continuous transformation, and one of the most significant recent developments is the expansion of Ambulatory Surgery Centers (ASCs). ASCs are facilities that provide same-day surgical procedures on an outpatient basis, and they are increasingly popular…

Boosting Ambulatory Surgery Center Revenue with Streamlined Billing Processes

By Suvarnna Babu February 16, 2023

Ambulatory Surgery Centers (ASCs) provide patients with same-day surgical procedures, offering convenience and cost savings. However, ASCs face unique billing challenges that can impact their revenue growth. Inadequate billing procedures, along with insufficient transparency and prolonged delays in claims processing,…

The Future of Gastroenterology Medical Billing and What to Expect in the Coming Years

By Suvarnna Babu February 3, 2023

As the advent of a new year draws, healthcare providers in the field of gastroenterology are posing the question of what current trends in medical billing are being observed, and whether adjustments to their practice should be made accordingly. While…

Insurance Eligibility Verification (IEV): How to Streamline a Complex Process?

By Suvarnna Babu November 29, 2022

Many medical professionals and facilities experience claim denials, but in reality, the process is often misunderstood. In most cases, claim denials result from failing to verify benefits properly before providing services. Verifying insurance eligibility and obtaining prior authorization is an…

Common Reasons for Insurance Claim Denials and How to Avoid Them

By Suvarnna Babu November 23, 2022

It can be a frustrating experience for everyone involved when a patient's insurance claim is denied. In addition to being stressful for you and your patients, it can negatively impact the business cash flow too. Although some claim denials can…

5 Proven Medical Billing Tips to Improve Payment Collections

By Suvarnna Babu October 11, 2022

The medical billing process can be equally complex and frustrating for providers and patients. To get paid, providers must submit accurate and complete claims to insurance companies, which can be time-consuming. What's more, insurance companies often deny claims or only…