The coding process is often overlooked but is vital to an institution's financial success via reimbursement and compliance. Medical coding is burdened with the risk of compliance penalties stemming from improper coding due to either the code chosen or a…
Consumers and patients now have visibility into the out-of-pocket cost of standard care from a provider. Insurance companies and healthcare systems will now disclose the estimated cost a patient will have to pay before receiving care. The end goal is…
A comprehensive revenue cycle management solution is necessary for all healthcare organizations to survive, recover and protect themselves from losing millions of dollars from unforeseeable events such as the COVID-19 pandemic. Even with federal relief funding, losses are only offset…
According to the Bureau of Labor Statistics, in 2016 there were approximately 57,400 medical transcriptionists or health care documentation specialists in the United States. While the Department of Labor does predict a 3% decline from 2016 through 2026, the numbers…
