The Oversea Side of Offshoring
Many times when I talk to business owners I get a level of discomfort with the concept of hiring workers overseas. This ranges from slight uneasiness to outright hostility. I understand these feelings well because I used to feel the same way. When I owned a billing company I did not approve of the idea…
4D Global Named a Top Business Service Provider by Clutch
4D Global is excited to announce that we have been ranked by Clutch as one of the top providers of business services in India. We have also been doing particularly well in one of Clutch’s more competitive categories, and are ranked as one of the top 10 call center companies in India. “It has been…
3 Things to Consider When Choosing An Outsourcing Company
The revenue cycle management (RCM) industry is competitive and growing as hospital roll ups increase and insurers pay less. RCM companies are pushed to do more for their clients while facing downward pressure on the prices they can charge. Given this dilemma many RCM companies look to offshore outsourcing companies to help keep costs down,…
Doing Business in India
My first trip to India was over ten years ago. I owned a medical billing company and wanted to research the medical billing business process operations (BPO’s) in Chennai. This was a time before digital media had taken over and any company could have an unreliable website. They could make it appear as if they…
One-Year Grace Period For ICD-10 To End On October 1
The Centers for Medicare and Medicaid Services released a statement recently, which stated that the one-year grace period for ICD-10-coded medical claims would conclude by October 1, 2016. The ICD-10 program was initiated on October 1, 2015 and CMS ensured that claims will not be denied if healthcare providers use codes in the correct “family”…
OACT Releases Projections Of National Health Expenditures For The Next Decade
A recent report from the CMS Office of the Actuary (OACT) predicted that the overall expenditure in the health care sector would grow substantially in the upcoming years. The report expects an average annual growth rate of 5.8 percent during the year 2015-2025. OACT also revealed that the overall national health care spending has reached…
New Proposed Model By CMS Aims To Reduce 1 Million Heart Attacks By 2017
CMS recently awarded 516 provided in 47 US states and Puerto Rico to help cut down the risks for strokes and heart attacks for Medicare fee-for-service beneficiaries. Health care practitioners, who partake in the Million Hearts® Cardiovascular Disease Risk Reduction Model by CMS, will work to reduce heart disease risks by reviewing each patient’s chance…
HBMA Comments On The MIPS And APM Initiatives
Members of the Healthcare Billing and Management Association (HBMA) recently visited senior CMS staff and chief health policy makers in Congress. The meeting gave HBMA members a chance to discuss about the improvements needed in the daily functioning of the Medicare program as well as long-term policies affecting it. The meeting also helped HBMA to…
Short-Term Health Insurance Regulations Made More Strict
It is observed that many people are buying insurance policies that do not meet the Affordable Care Act requirements. In the wake of that, the Obama Administration has decided to put a limit on the short-term health insurance plans. Short-term insurance policies help people take care of their medical bills temporarily while moving to a…
ONC Puts Up Results From Health IT Certification Surveillance
ONC just let out a list of health IT products and developers, which includes EHR systems that have broken the requirements of health IT certification, like strong patient privacy measures, HIE capabilities, as well as quality care guarantees. The results of this were published on the website for certified health IT product list, in the…
