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Showing posts from October, 2021

Top 5 Billing Companies in Revenue Cycle Management

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  AdvanceMD: Intro:  This company started in the year 1999   and provided its services to independent physicians with solutions to their problems including cloud-based practice management, E.H.R/E.M.R, and analyzed reports on collection and wave-off. They focused on long-term success. They provide their services to 33,500 practitioners with 700+  medical billing companies . Around 6.5 million claims are processed every month by the billing platform of AdvancedMD. The top company in the US market to manage the  revenue cycle management  of doctors. Services:  They provid e  their practice management for billing and E.H.R software,  billing services , reporting & analytics, clearinghouse apart from this there are several different services they are providing. This company has all services that a particular doctor needs in one place and along with this, they guarantee 95% of clear claim passing and reduce denied claims. Staff:  They hav...

What is HIPAA Compliance ?

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Introduction : Health Insurance Portability and Accountability Act (HIPAA) was created in the year 1996. This ACT was created to stop, fraud and illegal practices that disturb the health care industry and medical billing entities. This ACT promotes information saving and saves medical accounts. Mainly this ACT cover doctors, hospitals, and whoever is related to the health care industry, from disclosing personal information of patients to others who are not related to the patient. Patients are not covered in this ACT. They can disclose their medical information to whomever they want. There are some questions that we will discuss in this article like: why this Law is needed, what if this law breakdown, what are the penalties, and some more. Let’s have a look at this part. WHY THIS LAW/ACT IS NEEDED :  Medical billing industry related to patients, Doctors/Hospital & Insurance. Where mainly all patient information rotates from one point to another. This information part includes ...