Summary of COVID-19 Stimulus Legislation 12/21/2020

COVID-19 Vaccine Funding The bill provides $8.75 billion to the CDC to support federal, state, local, territorial and tribal public health agencies to distribute, administer, monitor, and track coronavirus vaccination to ensure broad-based distribution, access, and vaccine coverage. Provider Relief Fund The bill provides $3 billion in additional grants for hospital and health care providers…

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Tips for Setting Organizational Goals as a Team

Writing down goals and resolutions doesn’t seem very constructive, especially when many people don’t follow through on them. According to one study, though, people who wrote down their goals were 33 percent more successful in achieving them than those who formulated outcomes in their heads. A Harvard Business study found that the three percent of graduates from their…

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The Top KPIs to Track for an Optimized Revenue Cycle

Methods used in the United States to measure quality vary by industry. The country’s food supply, human and veterinary drugs and multiple other products are regulated by the Food and Drug Administration (FDA). The Environmental Protection Agency (EPA) oversees national efforts based on the best available scientific information to reduce environmental risks. The Federal Communications…

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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…

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Customer Engagement: The Core of Business Success in Medical Billing

Good customer service can make or break a business. Even if you have the best product or service on the market, customers will likely go elsewhere if they don’t feel they’ve been treated well. According to the United States Small Business Administration, almost 78 percent of customers leave a business if they’re upset with the…

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Employing Telehealth to Serve America’s Veterans

The United States military plays an essential role in maintaining the freedoms accorded to residents of America. Whether a veteran served in the Vietnam, Korean or Gulf War or Operations Iraqi and Enduring Freedom, he or she has made many sacrifices for this county. The U.S. is home to approximately 18 million U.S. veterans, many…

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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…

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Breast Cancer Awareness Month: Understanding Medical Billing for Mammograms

Breast cancer is the second most common cancer among women in the United States, trailing only behind some kinds of skin cancer. Deaths from breast cancer are higher than those for any other cancer, besides lung cancer. Breast Cancer Awareness Month, which is marked in countries across the world each October, is an annual health campaign…

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10 Ways To Fight Zoom Fatigue

Many employees in the United States have been working remotely full-time over the past six months due to the COVID-19 pandemic. Before the novel coronavirus outbreak, 31 percent of employees worked from home, a number that has increased to 88 percent. Employers might be concerned about a lack of productivity when their employees work remotely,…

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Top Trends in Medical Billing

Medical billing has been an essential part of reimbursement in healthcare for decades. The professionals in this industry, though, used to either draft necessary documents by hand or use a typewriter. Not only was this manual process extremely time-consuming, it led to inaccuracies and other medical errors. Technology has certainly transformed the medical billing industry…

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