How Can Practices Close AR Gaps in Maternity Billing?

-
Image
Practices can close AR gaps in maternity billing by strengthening documentation, improving global package accuracy, managing denials proactively, and tightening revenue cycle workflows. Maternity billing is complex due to bundled payments, long global periods, and payer-specific rules. When processes are inconsistent, accounts receivable (AR) grow, cash flow slows, and revenue leakage increases. Understanding where AR gaps originate is the first step toward fixing them. Why Do AR Gaps Occur in Maternity Billing? Maternity billing AR gaps often result from errors in managing the global maternity bundle. Common causes include: Incorrect global package billing Missed charges outside the bundle Delayed claim submission Authorization errors Incomplete documentation Because maternity care spans months, small billing mistakes compound over time. How Does the Global Maternity Package Affect Accounts Receivable? The global maternity package includes prenatal visits, deliver...
Post a Comment

Benefits of Outsourcing DME Billing to Improve Your Revenue

-



As any durable medical equipment (DME) provider will confess, securing reimbursements from Medicare and private insurance carriers is one of the biggest challenges of running a DME business. It’s time-consuming and labor-intensive, and for all their effort, DME providers don’t always get full reimbursements. If not paid attention, inaccurate DME billing could lead to lower revenues and, in worst-case scenarios, cause DMEs to windup their business. Outsourcing your DME billing services to reliable medical billing companies like MedicalBillersandCoders (MBC) could be a smart and efficient way to get maximum reimbursements and countless other benefits. Some of the Benefits of Outsourcing DME Billing services are listed below. 

Benefits of Outsourcing DME Billing to Improve Your Revenue

Less Billing Errors

DME billing offers a unique set of challenges. It includes coordinating with different parties and requires an understanding of the HCPCS (Healthcare Common Procedure Common System) Level II codes. Each type of DME has a unique HCPCS Level II code, and the biller is responsible for ensuring that each piece of equipment is coded correctly. For example, when submitting a claim for a continuous positive airway pressure (CPAP) machine, the biller needs to code the machine as well as the mask and tubing used with it individually.


If you want to read the complete blog then click below: Benefits of Outsourcing DME Billing to Improve Your Revenue


Location: Colorado, USA

Comments

Post a Comment

Popular posts from this blog

How to Reduce Days in A/R with Smart Denial Management Strategies

-
Image
 Timely reimbursement is the lifeblood of a financially healthy medical practice. Yet, increasing Days in Accounts Receivable (A/R) continues to be one of the most pressing revenue cycle issues for healthcare providers. One of the major culprits behind this issue? Denials. In this blog, we explore how strategic denial management not only reduces days in A/R but also improves cash flow and strengthens your bottom line. Understanding Days in A/R Days in A/R refers to the average number of days it takes for a practice to collect payments due after services have been provided. Industry benchmarks typically suggest keeping A/R days under 35. Anything higher signals inefficiencies - and likely unresolved denials. How Claim Denials Affect A/R Denied claims delay payments and increase administrative burden. Without an effective process to identify, appeal, and correct them, your A/R days will climb - and revenue will suffer. Top causes of denials include: Missing or incorrect ...
Read more

How Outsourced Medical Billing Can Improve Your Practice’s Profitability

-
Image
Managing a medical practice comes with its fair share of challenges—from patient care to staffing and compliance. But one of the most overlooked factors impacting a practice’s financial health is inefficient billing . That’s where outsourced medical billing comes in—not just as a cost-cutting solution, but as a profitability booster . Here’s how outsourcing your medical billing can significantly improve your bottom line. 1. Reduced Administrative Costs Running an in-house billing department requires trained staff, billing software, continual updates, and compliance oversight. These overhead costs can add up quickly. Outsourcing eliminates the need for these expenses, allowing you to pay only for the services you use —often at a fraction of the cost. 2. Faster Claim Submission and Reimbursement Professional billing companies are equipped with experienced teams and advanced tools that ensure quick and accurate claim submission . This minimizes delays and accelerates cash flow , g...
Read more

Understanding the Differences Between Claim Denials and Rejections in Medical Billing

-
Image
In the world of medical billing, two terms often cause confusion for healthcare providers and billing staff alike: claim rejections and claim denials . While both impact revenue and delay reimbursements, they are not the same —and understanding the difference is key to faster, cleaner claim processing. Let’s break it down. What Is a Claim Rejection? A claim rejection occurs when a claim is never accepted into the payer’s adjudication system . It is blocked due to errors or missing information , such as: Incorrect patient demographics Invalid insurance ID numbers Incomplete CPT or ICD-10 codes Formatting errors (especially in EDI files) These claims must be corrected and resubmitted —but the good news is they haven't been officially processed yet, so no appeal is needed . What Is a Claim Denial? A claim denial happens after the payer reviews and processes the claim , then decides not to pay it . Reasons may include: Lack of medical necessity Services n...
Read more