Payment rates to doctors and hospitals could fall by as much as 20% on average nationally under a bill making its way through the Senate, according to a projection published Tuesday by the Congressional Budget Office. The bill, the Lower Health Care Costs Act, advanced out of the Senate Health, Education, Labor, and Pensions Committee… Read More »
by Steave Smith A Comprehensive Chronicle Of Medical Billing Services Medical Billing Services is the common name that is associated with the generic phenomenon called Medical Revenue Management Cycle. The process of recovering the fees payable for the services rendered and/or the goods sold for the medical treatment of any patient, as prescribed by any… Read More »
Challenges related to patient payment collection have been affecting more than 45% of dental practices across the US. Providers consider past due balances to be a major hindrance in running a practice smoothly. Difficulties in collecting patient payment: Lack of training: If the staff members aren’t trained in AR, collections or financial management, your dental… Read More »