8 Qualities That Make the Perfect Medical Biller
It takes a special person to successfully work in the world of medical billing. Many behind-the-scenes jobs do not get recognized enough for what they do to keep things running smoothly. If it weren’t for medical billers, who would translate codes, file claims, update records, and solve inconsistencies? Who would post payments, manage reimbursements, perform…
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…
Does Work From Home Equal Lower Productivity?
When considering what productivity actually is or by looking at its actual definition, there are two things that spring to mind in quick succession. First, the efficiency of any business can be measured by the rate of output per unit of input, and second, the defining factor of the input is people. Since the pandemic…
How To Avoid Coronavirus Recession
How to avoid Coronavirus recession Can we predict the future by looking back in history? Scientists and futurists have long maintained that studying history and closely inspecting its patterns can be a sure way of telling what is going to happen in the world. Whether or not that is true is debatable, but one thing…
4D Global Named a Leading Business Service Provider in Arizona!
4D Global has devoted the last 4 years to helping our clients successfully scale their businesses and increase profitability with our services. Our team always aims to exceed expectations in delivery, performance, and accuracy. This has caught the attention of Clutch.co as they recently named us a leading B2B company in Arizona for the business…
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,…
CMS Publishes Final ACA Enrollment Figures
January 31 marked the official conclusion of the third open enrollment period for the health insurances that were sold on the exchanges established under the Affordable Care Act. The final open enrollment report by the CMS shed more details on the total ACA enrollment figures. CMS’s report indicated that approximately 12.2 million people in the…
Senator Charles Schumer Expresses Concern In GOP Medicare Plans
The U.S. Senator Charles E. Schumer (D-NY) recently voiced his concerns about the changes made to Medicare by the members of the congress. This even included replacing Tom Price, the current Health and Human Services Secretary, whose proposals include turning Medicaid into a voucher based, privatized system as well as cutting Medicaid. The Medicare program…
House Republican Leaders Put Forward Their Plans To Replace Obamacare
House Republican leaders recently presented an outline of their strategies to replace the Affordable Care Act or Obamacare to their rank-and-file members. The newly presented plans rely heavily on tax credits for financing the insurance purchases and on significantly reducing the federal payments to 31 states, which expanded the Medicaid eligibility. Paul D. Ryan, the…
MACRA And MIPS Preparation – What You Need To Know
CMS released the final rule that calls for significant legislative changes to the Medicare Access and CHIP Reauthorization Act (MACRA) in October 2016. MACRA repeals the Medicare Part B Sustainable Growth Rate (SGR) reimbursement formula and replaces it with Merit-Based Incentive Payment System or MIPS. As per MIPS, 85% of the Medicare reimbursements must be…
