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August 10, 2015
ICD-10: A QUICK GUIDE FOR PHYSICIANS AND OFFICE MANAGERS

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Is someone suffering from a sea lion bite? There’s a code for that: W5611XD. Did an individual experience an injury at the opera? Try code Y92253.

You’ll find these and more in ICD-10. However, it’s more than just a catch-all for the bizarre and wacky. ICD-10 contains more descriptive versions of commonly used codes – a significant improvement from
ICD-9’s more outdated and inconsistent counterparts. ICD-10 contains over 69,000 codes, compared to ICD-9’s 14,000.

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August 10, 2015
HOW TO OUTSOURCE YOUR PRACTICE’S MEDICAL BILLING
If your medical practice has been handling billing in-house, the increasing complexity – including the switch to ICD-10 – might have you thinking about outsourcing this important function.

 

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Perhaps you’re looking for ways to reduce expenses, or you’re wondering if outsourcing this important function. Perhaps you’re looking for ways to reduce expenses, or you’re wondering if outsourcing billing and collections to a third party would improve your bottom line.

August 10, 2015
All In The Family (ICD-10-CM)

July 28, 2015 | Michelle A. Leppert

Time-for-ICD-10_0CMS offered some clarity on what it considers to be a family of codes in ICD-10-CM.

You might remember that CMS struck a deal with the American Medical Association (AMA) to get AMA on board with ICD-10. For the first year of ICD-10 use, CMS will not deny or audit claims based solely on the specificity of diagnosis codes, as long as the codes on such claims are from the correct family of codes.
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August 7, 2015
3 Rules to Master Payor Enrollment Now!

Messy DeskWant to secure timely payments and ensure a steady flow of income? (Of course you do.) But what do you do if your information is not accurate, timely, and thorough? Well, for starters, you’ll delay the processing of your applications for approval in provider networks, which can have several repercussions (including losing new patients!) because you are not In-Network or having to write off huge amounts due to non-network status.

At HPC, we like to think of ourselves as the masters of payor enrollment efficiency, so we’ve outlined the top three best practices for timely and successful payor enrollment here.

 
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May 18, 2015
Should Your Practice Outsource Medical Billing?

One of the many business questions physicians face is whether to outsource their medical billing to third-party medical billing services or do it in-house with medical billing software. Some physicians would assume outsourcing billing to a medical billing service makes the most sense. After all, they’re the experts with the resources to properly process your claims, right? Others might want to maintain control of collections and do it all in-house.

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March 13, 2015
What Should I Look For in a Revenue Cycle Management Solution?

On top of the difficult transition to ICD-10, healthcare providers are being pressured to adjust to a multitude of changes alongside the industry. This includes optimizing their Revenue Cycle Management, or RCM.

Implementing cost-effective strategy solutions in conjunction with doctor-patient relationships is equally imperative. In fact, both must work in tandem with one another in order to run a practice that is successful and lucrative.

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February 10, 2015
5 Time Management Strategies For The Medical Office

Is the team in your medical practice overwhelmed after the implementation of the Affordable Care Act? If so, there are ways to combat the stress and the number of hours they are putting in. Tried and true time management principles are good at their core but many were fine-tuned prior to technology and have not been adapted to the special dynamics in a medical practice. Below are five time management strategies that can help move your team from overwhelmed to productive and thriving.

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