When the going gets tough you have to keep going or you will definately lose. Why stop with just one success when you can accomplish so much more. Why leave money on the table when you can collect it and make good on your investment. But is a monetary investment the only investment that needs to be tended to? Let's look at human capitol investments. Wealth is not only measured by the amount of money we possess but also by the knowledge we possess. We place deposits in that investment when we accomplish our goals for education and never look to be complete in our endeavor of gaining knowledge and being the best we can be no matter what we study or do in our lives. By making this investment we make.and.investment in our future and in our childrens future. We set the example for those who follow in our footsteps and will one day replace us in our positions. By being positive role models and giving others hope we add to our repertoire of assets and provide those who need inspiration and motivation just that. The glimmer of hope that we shed is enough to push those to do better and take risks for what they want no matter what people say. Remember that we are only as good as what we know. So learn all that you can and never hoard the information but share it so that others may know, and for that you will have a complete return on investment.
Friday, May 10, 2013
Wednesday, May 1, 2013
No more delays in ICD-10
Well it's official the CMS has released the latest and greatest on the new ICD-10 implementation after many discussions and back and forth with physicians accross a 2 year span has finally resulted in an official date for the actual implementation of ICD-10. So what does that mean for you and your practice? Well it means that you will have to update your codes if you want to get paid for your services. Now I don't know about you, but I like to be paid correctly for what I do. It also means that if you still file claims using the ICD-9 codes you will experience higher rejection rates. Higher rejection rates equals less revenue. Well, why would you not want that revenue? You need that revenue, in order to sustain your practice and see the people who need your services, and depend on you for their health and well-being. So when you get a chance check out the article below so you can read more about it. If you are looking to get the implementation complete early you can also contact Triple E Medical Solutions, LLC because our state of the art system is already designed and includes ICD-10 codes. Visit us at http://www.tripleemedicalsolutions.com/index.php We are the Evolving Efficient Experts in Healthcare, here to provide you with the real time solutions to your real time problems.
http://www.billing-coding.com/detail_article.cfm?ArticleID=4900
Tuesday, April 30, 2013
What we have to offer. Prepare for the future.
The business of healthcare has never been more complicated. Physician groups must:
keep their practices operating smoothly and efficiently;
ensure they get paid accurately and completely for the care they provide;
implement, integrate and incorporate complex technologies into all workflows from front door to back office;
manage and leverage complex data, generated internally and externally; and
provide superior, personalized care.
Few physician practices today possess the resources or expertise necessary to manage all these complexities in house. They need proven partners with comprehensive RCM and information technology capabilities to support day-to-day operations, exceptional patient care and the bottom line.
Triple E Medical Solutions aligns revenue cycle and information technology management solutions with identified practice goals to:
Maximize revenue potential with support and services that include
Correct coding
Claims submission
Document imaging
Tracking and auditing
Denials management and appeals
Payment posting
Patient statements, calls and collections
Contract management
Optimize leading-edge EHR and PM solutions, and build a sustainable technology platform
Simplify technology management responsibilities with end-to-end system assessment, data conversion and integration services;
Facilitate clinical efficiency, compliance with quality and reporting standards, and achievement of Meaningful Use requirements; and
Prepare for the future with extensive revenue cycle reporting and analytics.
Why Outsource Medical Billing - Why Outsource Medical Billing - HBMA - Healthcare Billing and Management Association for 1st and 3rd Party Billers - Medical Billing, Practice Management
If you click the link above the reason for outsourcing your medical billing is clearly evident. The question should be why not outsource your medical billing. Here are some cold hard facts why medical providers should outsource their medical billing and not use the old method of doing business in house.
- Poor collection performance, including lack of successful appeals process
- Errors in medical billing/coding resulting in increased denials and audits
- Failure to respond to inquiries/issues in a timely manner
- Lack of EMR and latest billing software, reducing efficiency
- Inability to prepare for ICD-10