ResolvMD

Physicians have a lot on their plates. There is unyielding demand for better service, faster service, expanded service…the list goes on. That in itself is a challenge, but then there’s also the accompanying headaches of paperwork to do, calls to make, and emails to check. Oh, and don’t forget about billing.

As a physician, providing high-quality patient care isn’t the only priority of your practice. In the modern age of digital health recording, protecting your patient’s private health information is a mandatory and legal obligation of every healthcare provider. While putting the time and resources into maintaining your cybersecurity practices may seem like a daunting (and exhausting) task, we want to shed some light on the importance of protecting yourself and your patients from potential information leaks and hacks.

One of the minefields practitioners have to deal with, during the complicated and oftentimes overly drawn-out medical billing process is claim submission — it’s a step rife with all manner of pitfalls and powder kegs that might end up affecting how fast you get paid. In this article, we’re going to tell you what the claim submission process is, the steps you can take to avoid the hazards of medical claim submission — and, overall, how to successfully navigate those confusing waters easily and in an optimized manner.

The medical billing process is a complex, complicated, jargon-heavy, challenging task that requires a meticulous mind and approach — oftentimes even nerves of steel. It is not only hard but a bit mind-numbing; full of red tape, bureaucratic gymnastics, continued deficiencies, reversals, and even audits. In this article, we’re going to guide you - step by step - as to how this process normally looks like.

Today, over 50% of healthcare practitioners feel that the medical bill process is incredibly complex and oftentimes overwhelming. That same statistic is demanding more from the companies when they need to file claims. Easier report creation, enhanced ability to understand underlying details, better dashboards, and more visual and intuitive tools.

Medical billing is an essential component of any successful medical practice. Unescapable for any medical professional, medical billing can, unfortunately, pose a multitude of challenges to physicians, which results in mistakes, missed charges, and frustration. Whether you are a new resident or an experienced staff physician, new research has shown that no one is immune to the most common billing errors like inaccurate coding and underbilling.

Medical billing is incredibly complex. There are a lot of factors involved when it comes to expertly crafting a medical bill. The slightest error can end a reimbursement or claim. A human mistake can end up in claim denial. Finding the best approach, the best practices, and the most efficient methodology is critical, as it allows practitioners to focus their entire attention on their business model — not only on scaling it up, and optimizing its framework but on their patients, on those they serve.

An issue that’s often not well understood or talked about is the existence of a pay gap between genders for equal performance of the same role or task. It is a phenomenon that tends to be pervasive across industries but some are more open than others in acknowledging the issue and putting forth progressive plans and tools to address it.