New CPT Codes to Be Aware of For 2021
Current Procedural Terminology (CPT) codes have been around since 1966, continue to be set by the specialized panel with the American Medical Association, and they aren’t going anywhere. Each year, as advancements and changes are made in the medical industry, new and revised codes are pushed out to medical billing teams. If you’re already in…
Tackle the Minimum Wage Problem by Reducing Costs
If you’ve been keeping up with our content on how to effectively tackle the minimum wage problem as a business owner, then you’ve already learned quite a bit. In previous articles, the options of hiring employees who live in other states, outsourcing offshore employees, and increasing costs in specific ways have been discussed; implementing one…
Tackle the Minimum Wage Problem by Raising Prices
If you’re a business owner and you’ve read our other articles on tackling the minimum wage problem, then you are aware that hiring remote employees from other states and outsourcing your employees can help your business stay afloat. These options may not be realistic for you right now or they simply might not be how…
Tackle the Minimum Wage Problem by Outsourcing Employees
Now that the economy is finally on the mend after the never-ending pandemic slump, it is now time for businesses to pick themselves back up by their bootstraps and start making money again. And they are. Employees are physically going back into the office, people are hustling and bustling to and from their jobs, and…
Creating Independence in the Workplace
In light of Independence Day in the United States, this month’s theme is…independence. Are there ways in which you can be more independent and productive during your 9 to 5? Take a minute and think of actions that you take (or don’t) that prevent you from taking control of your duties and responsibilities, as well…
Should You Outsource Your Company’s Medical Billing Team?
Many healthcare providers often wonder if outsourcing their medical billing team would be worth it. Keeping things in-house has its advantages; but on the other hand, giving another team the responsibility of handling the billing cycle relieves healthcare teams to be able to focus on other important matters. In today’s world of business, it is…
Surprise Medical Bills and New Legislation: An Overview
Surprise billing has been a bipartisan focus for the United States government for a couple years. Most Americans support legislation to protect patients from these costly yet often unexpected fees. Although multiple states have adopted comprehensive legislation to mitigate surprise billing, there wasn’t any such statute on the federal level – until recently. On December…
How to Make a Remote Work Arrangement Successful
If you’re one of the many employees who have worked remotely during the COVID-19 pandemic, you’re not alone. According to the European Commission, approximately 35-40 percent of employees across the globe have worked from home most or all of the time since the spring of 2020. It appears this remote work trend won’t fade away…
Advantages of Automation in Healthcare
With increasing standards and regulations in place, healthcare providers are looking to technology to streamline processes and improve patient care while lowering costs. Employing automation allows them to eliminate manual, paper-based administrative and clinical processes that are often repetitive and labor-intensive. Roughly 40% of the tasks performed by healthcare support occupations can be automated, as…
Achieving Administrative and Financial Benefits Through Outsourced Medical Billing
The United States spends a staggering $3.6 trillion annually on healthcare. U.S. payers and providers drop approximately $496 billion on billing and insurance-related (BIR) costs each year. That’s an immense amount of money dispensed in one industry. Providers continually strive to achieve the highest level of reimbursement possible to procure their part of the country’s…
