Medical providers may face multiple fee structures if they are considering seeking help with their old AR and denial management clean-up. Two types of fee structures are commonly offered by several medical billing companies, a percentage of what they collect which can be very high 30-35% or fixed fee as a full-time employee (FTE). Which structure is best for your practice?
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Healthcare billing service is different from other billing services. Starting from claims management account receivable, eligibility, prior authorization, data entry to denial management, every client expects a seamless DME billing process. This is why experienced coders and billers are required who have adequate information and knowledge about the DME billing process.
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In a healthcare system, RCM, which is revenue cycle management, is the most crucial aspect. Through revenue cycle management, one can collect and track revenue from patients. The process of RCM begins by scheduling a patient for clinical service and continues till the final payment for the healthcare services has been collected from the patient that he or she has rendered.
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Many of the doctors as well as physicians nowadays own or have different kinds of laptop or smartphone devices which majorly help them for work-related purposes and EHR which is generally known as (electronic health record system) is one of them.
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