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accounts receivable & denial management

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  Medical billing requires several steps, and the claims determine the practice's profitability. Claim denials have become a matter of concern over time and can bring a huge negative impact on efficiency and cash flow. When claims are earned and received on time, profits are all that matter, but if they are denied, they can be a major source of loss. To avoid the flaws, it is very important to bring efficiency and usefulness in the accounts receivable & denial managemen t process to let the practices survive and work with profits. But this leads us to first understand the flaws and the process of eliminating them. Only the elimination can help in effective management. 1. Communication issues                                                ...
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What is FQHC Medical Billing, Its Benefits And Challenges

Federally Qualified Health Centers (FQHCs) play a vital role in providing comprehensive primary care services to underserved communities in the United States. While their mission revolves around ensuring quality healthcare access, the financial aspect of running these centers is equally critical.   FQHC medical billing services   are essential to sustaining their operations and fulfilling their mission. This article delves into the world of FQHC medical billing, its challenges, advantages, and the option of outsourcing this crucial task. Understanding FQHCs FQHCs, or Federally Qualified Health Centers, are community-based healthcare providers that are central to the healthcare safety net in the U.S. They serve patients regardless of their ability to pay, offering services that include primary care, dental care, behavioural health, and more. FQHCs are eligible for enhanced reimbursement from Medicaid and Medicare, which makes them a vital component of the healthcare system...
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How To Improve Medical Billing Collections For Your Practice?

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  The medical Billing Collection process is getting more complex day by day, but in any case, you can't leave behind your hard-earned money, you should know how it fetches it from everywhere. If you have the right tools and education you can make it. Make sure you educate yourself better and clear all the stuck payments. If your in-house staff is not enough then plan for outsourcing the tasks of medical billing. But with that know some ways to improve the collection process. 1.        Training the employees according to updation is important. Your staff should be prepared enough and equipped with the smart tools to face every billing situation. Train your front desk for medical billingservices in such a way that they meet all the different billing scenarios, they should have a welcoming approach to payment issues. Ask your staff to connect with the patients for the pending dues and payments. 2.        Having a proper ...
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