Medical Billing

Ways to Ease Patients’ Financial Anxiety in Medical Practices

Table of contents • Introduction • Understanding Patient Payment Anxiety • Reducing Patient Payment Stressors • Expanding Payment Options • Introducing Patient Payment Plans • Building Mental Wealth • Conclusion Introduction Are you tired of seeing your patients run for the hills as soon as they receive their medical bills? Well, worry no more because …

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Exploring the Latest Trends in Medical Coding for 2024: A Comprehensive Guide

Table of contents • Introduction • 2024 ICD-10-CM Code Updates • 2024 CPT Code Set Updates • Importance of Accurate Medical Coding • Wenour Medical Billing Outsourcing Services • Conclusion Introduction Medical coding is an essential aspect of healthcare, as it ensures that medical procedures and services are recorded accurately and appropriately. Medical coders play …

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The Artificial Intelligence Advantage: Addressing Healthcare Denials Management and Revenue Integrity

Table of contents • Introduction • The Rising Denial Problem in Healthcare • The Role of Artificial Intelligence (AI) in Denials Management • Preventing Denials with AI-driven Analytics • Conclusion Introduction Hey there, fellow humans! Let’s talk about the rising denial problem in the healthcare industry. *Gasp* Apparently, hospitals have been experiencing an increase in …

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Three Ways to Know When It’s Time to Outsource Your Billing

Table of contents • Introduction • Signs it’s time to outsource your billing • Benefits of outsourcing billing • Finding the right billing partner • Conclusion Introduction So, you’re drowning in paperwork, struggling with billing errors, and all-around clueless when it comes to billing expertise. Well, my friend, it might just be time to outsource …

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How to Get Credentialed with Insurance Companies: A Comprehensive Guide for Healthcare Providers

Table of contents • Introduction • Understanding the Credentialing Process • Step-by-Step Guide to Getting Credentialed • Benefits of Getting Credentialed • Challenges in the Credentialing Process • Wenour’s Medical Billing Services • Conclusion Introduction Do you know what it takes to become an in-network provider with insurance companies? Credentialing is the process of verifying …

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5 Big Challenges Medical Practices Can Expect in a Slumping Economy

Table of contents • Introduction • Staffing Issues: The Battle for Talent • Inflation: Squeezing the Bottom Line • Cybersecurity: Protecting Patient Data • Value-Based Care: Navigating the Transition • Outsourcing Revenue Cycle Management: A Viable Solution • Conclusion Introduction As the global economy takes a downward plunge, medical practices are gearing up to face …

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12 Essential Billing Guidelines for Physical Therapists

Table of contents • Introduction • Guideline #1: Submit Claims Electronically • Guideline #2: Submit Clean Claims • Guideline #3: Maintain Thorough Documentation • Guideline #4: Utilize Fully Integrated Tools • Guideline #5: Understand Payer Guidelines • Guideline #6: Stay Current with Industry Changes • Guideline #7: Monitor Claim Statuses • Guideline #8: Prioritize Timely …

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How Not Paying Your Outstanding Provider/Hospital Bills Can Affect You?

Table of contents • Introduction • The Grappling Consequences of Unpaid Medical Bills • How Can Wenour Assist You? • Maximizing Revenue while Minimizing Risks • Conclusion Introduction Let’s talk about the elephant in the room – unpaid medical bills. According to a study published in the Journal of General Internal Medicine in 2019, 137.1 …

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