Medical Billing and Coding Services | MIPS Reporting and Consultation Services

Patient Billing Is a Complex Task  All of the medical providers understand how tricky it is to compensate for their services. According to 73% of healthcare providers, it takes more than 30 days to fully recover their payment of healthcare providers, it takes more than 30 days to fully recover their payment. The payment cycle in healthcare billing services is a bit complicated due to the following reasons: Changing the schedule of the payer fee Difficult billing procedures Lack of training and resources High-deductible health plans Government directives Below are a few tips for a medical practice to enhance its patient billing in practice. Tips to Improve  Billing Services  Correct Patient Information  Only an accurate patient can lead to an accurate medical billing service. Through the implementation of medical record solutions, all medical billing services must adopt electronic payment and statements. Patient information and periodic reviews u...

The Improvement Activity category of MIPS 2023 has 15 percent shares in the final scores. It seems that it covers a relatively small part of the MIPS final score and could be neglected. But it’s not true. MIPS 2023 has a rigid framework with no exception bonus at all. Likewise, CMS has set 75 points as the performance threshold for PY 2023 reporting. Thus, a provider cannot miss a chance to score any point. The Improvement Activity Category of QPP MIPS is a directional approach empowering the CMS's original motive. Every year by implementing MIPS reporting, the US Congress wants to achieve higher healthcare standards. Improvement Activity category ample the participants with a set of measures/activities. The provider then makes sure that they implement them all, nullifying every risk factor. Let’s have a look at the Improvement Activity Category briefly! And see what are its protocols in MIPS reporting for PY 2023. The Significance of Improvement Activities This category as...

Healthcare in America is taking challenges and doing every possible effort to cater best services only. However, when it comes to revenue collection, patients prove to be hard-payers themselves. Some act very decently and stay cooperative with medical billing services but not everyone does the same. The healthcare bills seem to be an extra burden on their pocket when their insurance partners refuse to pay bills. Anyhow,  medical billing service in USA  is now addressing the issues. Like all other fields, IT technology is the real game changer in healthcare as well. Every penny physicians make by rendering their professional services to patients matters a lot for practice. We don’t want medical providers who readily assist patients to face any hassle in getting their revenues. Thus, P3Care has gathered different queries and answered them to help with medical billing services. FAQs Why are patients such difficult payers in Medical Billing? It seems very easy to count on patients...