Medical billing - expEDIum Solutions Blog

Optimizing Revenue: Denial Management Strategies in Modern Healthcare

By Anupriya Oraon August 24, 2023

Effective denial management in the healthcare sector depends on revenue cycle management (RCM). Loss of money increased administrative work, or even dissatisfied patients may result from denials. According to a Medical Group Management Association (MGMA) Stat poll, on the practice side,…

Streamlining Revenue Cycles: Choosing the Right Offshore Medical Billing Company

By Suvarnna Babu August 18, 2023

In the complex world of healthcare administration, managing medical billing efficiently is a critical component of a practice's success. As healthcare practices face mounting challenges in reworking denials, ensuring accurate coding, and optimizing reimbursement rates, many are turning to offshore…

Coding Intelligence: How AI is Reshaping Healthcare Revenue Cycle Management

By Anupriya Oraon August 16, 2023

Amidst healthcare's tech evolution, integrating AI (Artificial Intelligence) into Revenue Cycle Management (RCM) is emerging as a meaningful change. Advancing AI promises more refined code suggestion systems and seamless Electronic Health Records (EHR) integration. Its prowess in unstructured data analysis…

Maximizing Revenue: How EMR-PMS Integration Optimizes Medical Billing

By Suvarnna Babu August 11, 2023

In the ever-evolving landscape of healthcare, medical practices are continually seeking ways to streamline their operations and enhance revenue generation. One key aspect of this pursuit is efficient medical billing. Seamless integration of Electronic Medical Record and Practice Management System…

Navigating Change: How SaaS Partnerships Benefit Healthcare Organizations

By Anupriya Oraon August 8, 2023

The healthcare industry has seen a considerable digital shift in recent years. Many healthcare organizations are turning to Software as a Service (SaaS) agreements to improve patient care, increase operational efficiency, and remain competitive in a changing landscape. SaaS partnerships…

Top Effective Ways to Boost Ambulatory Surgery Centers Collections

By Suvarnna Babu August 4, 2023

Ambulatory surgery centers (ASCs) have revolutionized outpatient care worldwide, offering a more convenient and specialized approach to hospital-based procedures. Despite their many advantages, ASCs face challenges in optimizing their revenue collection processes. According to a research report by Bain &…

Powering Healthcare Innovation: Key Strategies for SaaS Partnership Development

By Anupriya Oraon August 1, 2023

Software as a Service (SaaS) companies are pivotal in enhancing patient care and operational efficiency in the ever-changing healthcare landscape. One of the critical strategies for these companies to expand their reach and impact is through effective partnership development. Collaborating…

Maximizing Profitability in Your GI Practice: Key Elements of Gastroenterology Billing

By Suvarnna Babu July 28, 2023

Gastroenterology practices tend to encounter distinct challenges when it comes to managing medical billing, as the complexities involved require precision for proper reimbursement and successful claim processing. The financial well-being of any practice depends on accurate reimbursement, making highly efficient…

Safeguarding Your Finances: Avoiding Revenue Leakage in Healthcare Billing

By Anupriya Oraon July 25, 2023

The financial stability and operational effectiveness of all hospitals and healthcare systems are negatively affected by the problematic issue of revenue leakage. The uncollected or delayed payments cause healthcare to lose tens of billions yearly. This blog intends to raise…

A Guide to Successful Mental Health Billing and Reimbursement

By Suvarnna Babu July 20, 2023

Over the past decade, there has been significant growth in the number of mental health professionals and clinics, coinciding with increased awareness of psychological issues and higher investments in behavioral health by individuals. However, despite this expansion, the growing demand…