Health & Fitness

Why Your Senior Loved One May Want to Enroll in Medicare Part C?

Senior care

Medicare Part C is referred to as Medicare Advantage Plans, which is intended to provide several benefits and services that Original Medicare doesn’t cover. It is a type of plan that offers traditional Medicare coverage as well as additional healthcare coverage benefits.  Once you reach 65 years of age, you’re generally eligible for Medicare Part …

How Healthcare Revenue Cycle Consulting Services Help Maintain Compliance

Health

With today’s complex regulatory requirements, compliance is more important than ever for healthcare organizations.That’s why leading healthcare organizations hire healthcare revenue cycle consulting services to help maintain compliance.Today, we’re explaining how healthcare revenue cycle consulting services like HMI Corp. help organizations maintain compliance at every level of a healthcare organization. What is Healthcare Compliance? Compliance means meeting …

The Best Strategies Small, Rural Hospitals Are Using to Survive

Health

Millions of Americans depend on small, rural hospitals for healthcare. Unfortunately, due to several challenges, many of these small hospitals are struggling to survive.Between 2010 and 2014, 47 rural hospitals across America stopped providing inpatient services, according to a report by the Rural Health Research Gateway. An additional 673 rural hospitals are at-risk for closure.Today’s climate may …

What’s Involved in a Revenue Cycle Assessment? How Do Revenue Cycle Experts Maximize Medical Profits?

Hospital

A good revenue cycle assessment will help your organization become more profitable.But what’s involved in a revenue cycle assessment? How can revenue cycle experts maximize medical profits? What actionable steps will revenue cycle assessment experts help you implement? Today, we’re explaining everything you need to know about what’s involved in a revenue cycle assessment. Areas …

10 Benefits of Remote Revenue Cycle Management Programs

Health

The remote revenue cycle management industry has been booming in recent years. A growing number of healthcare organizations are making the switch.Should your organization make the switch to a remote revenue cycle management (RCM) program? These third party service providers make big promises – but do they actually live up to these promises?Today, we’re exploring …

Revenue Cycle Management (RCM) Trends for 2020

Health

Revenue cycle management has experienced ups and downs in recent years. What lies ahead for revenue cycle management?Last year, we saw the continued rise of automation and AI. We also saw battles over price transparency.Continuing the trend from previous years, we also saw healthcare organizations contend with patient expectations, government regulations, and a growing number …

What Role Does a Hospital Chargemaster Play in Revenue Cycle Management?

Health

The hospital charge description master, or hospital chargemaster, communicates medical bills to payers and patients.The hospital chargemaster plays a crucial role in revenue cycle management: it’s the heart of the healthcare revenue cycle. It’s the central point from which all billing gets sent to patients and insurers.Organizations that fail to maintain the chargemaster face enormous …

Telehealth Coding and Billing During COVID-19: Tips and Guidelines

Health

Healthcare organizations have turned to telehealth during the COVID-19 pandemic. However, some are not prepared to handle telehealth coding and billing.Demand for contract medical coding experts is surging. Companies like HMI Corp can help your organization manage complicated COVID-19-related telehealth coding. Our coding experts have proven expertise across the United States.Today, we’re highlighting some of …

Medical Coding Tips for Managing the COVID-19 Pandemic

Health

Demand for medical coding companies has surged in recent months. COVID-19 has revealed medical coding inefficiencies, and firms are struggling to keep up.Good medical coding companies work with healthcare organizations to solve inefficiencies and reduce errors. Effective medical coding tips helps a company avoid wastage, capture lost revenue, and reduce patient conflicts.Your healthcare organization might …