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Articles from Andersen Keen | Selfgrowth.com
- Managing Holiday Season Resource-Crunch with the Help of a Medical Billing Company - by Submitted on Jan 02, 2013 from Andersen KeenHealthcare is perhaps one of those few professions which are exception to the general rule of eight hour-a-day duty – professionals are required to stretch beyond their usual duty hours, and may even have to be on a 24×7 vigil. As a result work-related fatigue has been more common, ...
Views: 739(1 vote) - Overcoming DME Billing Challenges with a Medical Billing Service - by Submitted on Jan 03, 2013 from Andersen KeenThere is a distinctive difference between billing for Durable Medical Equipment (DME) services and other clinical procedures – durable medical equipment services are ancillary to the primary clinical purpose, and their admissibility is subject to certain conditions. Physicians ...
Views: 1035(1 vote) - Specialty EMR Market not completely tapped - by Submitted on Apr 30, 2012 from Andersen KeenRecent estimates conclude there are various specialists in the EMR market who rather than using specialty EMR, usually follow the trend of using a general EMR which has a few extra functions; however user views suggest that general EMRs with extra functions/templates are usually not sufficient ...
Views: 892(1 vote) - Physicians to Manage Revenues amidst the Impending 26.5% Medicare Cut with a Medical Billing Service - by Submitted on Jan 02, 2013 from Andersen KeenEver since Sustainable Growth Rate (SGR) began overshooting budgeted Medicare spend, physicians have been under the constant threat of Medicare cut. While Congress’ intervention has delayed the inevitable thus far, it may be a little tougher this time – Centre for Medicare ...
Views: 610(1 vote) - Transforming Your Data Centers into Secure, Instant, and HIPAA-Compliant - by Submitted on Jan 09, 2013 from Andersen KeenMedical data has significant utilities – as vital source of reference for subsequent follow-ups, collaborative clinical management across the clinical network, Medical Billing, information bank for clinical research, and macro health care policies. While most of the practitioners may have ...
Views: 640(1 vote) - A case of seasoned physicians’ affinity to EMRS - by Submitted on Feb 22, 2012 from Andersen KeenAs seasoned physicians clinical schedule becomes more intense and time-consuming, EMRS may well become indispensable to complementing clinical, operational and medical billing Revenue Cycle Management Cycle (RCM). Because of this necessity and the ability to afford EMRS related expenditure, ...
Views: 500 - Addressing Challenges in Medical Billing for Chronic Patients - by Submitted on Mar 02, 2012 from Andersen Keen“As physicians deliberate on the efficacy of outsourcing medical billing companies services for chronic disease management services, they also need to be mindful of the credibility of their prospective service providers. In a medical billing environment, characterized by heterogeneous ...
Views: 588 - AltaPoint EMR Version 11 – reigning supreme in the EMR market - by Submitted on Apr 04, 2012 from Andersen Keen“Reigning superiority over its closet competitors in every aspect of compliant and secure EHR performance, AltaPoint EHR/EMR Version 11 has built an enviable reputation in the EHR/EMR market. The qualitative features that lend AltaPoint competitive edge over its immediate competitors ...
Views: 946 - Are physician practices in for a spell of revenue loss during ICD-10 transition? - by Submitted on Apr 05, 2012 from Andersen Keen“And when clinical and operational efficiency suffers on account of whatsoever reason, it gets reflected in terms of dwindling revenues. As if this cause and relationship is not enough, physician practices will have to contend with direct expenditure associated with sourcing learning ...
Views: 561 - Are you filing claims and have one in every three rejected! - by Submitted on Aug 08, 2012 from Andersen KeenFiling claims has become more complicated as health insurers tighten eligibility requirements, and the chances of claims being denied have increased substantially Hence when a claim is filed, there is a fair possibility it will be denied and most providers are struggling to balance their busy ...
Views: 991 - Ascertaining Cardiologists’ Medical Billing Needs Even as They Migrate From Private Practices to Hospitals - by Submitted on Feb 04, 2013 from Andersen KeenAscertaining Cardiologists’ Medical Billing Needs Even as They Migrate From Private Practices to Hospitals Till recently, cardiologists who were happy with their private practices have suddenly started exploring avenues to align themselves with hospitals. The change has been so dramatic that ...
Views: 701 - Challenge of EMR deployment for Small Pediatric Practices - by Submitted on Mar 29, 2012 from Andersen KeenThe use of Electronic Medical Records (EMRs) or Electronic Health Records (EHRs) in pediatric practices presents numerous challenges due to the dynamic nature of this particular specially. The reasons for these challenges are myriad and range from the changing nature of the body of ...
Views: 591 - Challenges and Opportunities of Durable Medical Equipment Practice (DME) - by Submitted on Jan 08, 2013 from Andersen KeenThe necessity of Durable Medical Equipments (DMEs) had never been so high – in U.S. 30% to 54% of those over 65 years have some form of disability; around 75% to 90% of such disabled require some form of DME to keep them mobile or enabled. It is also estimated that around 1.5 million ...
Views: 1728 - Challenges Faced by Physicians in 2012: An Overview - by Submitted on Jul 10, 2012 from Andersen KeenThe hurdles faced by physicians in 2012 are not just limited to core medical issues but are also spread across almost all the facets of the health care delivery system. The changing nature of medical practices, changes in Information Technology and in other departmental processes is ...
Views: 1057 - Complications in Clinical Documentation Leading to Inaccurate Billing Codes - by Submitted on Jan 24, 2013 from Andersen KeenClinical documentation is a need that threads through the entire lifecycle of an inpatient treatment episode. The clinical documentation specialist checks the documents of a patient before or within 24 to 28 hours of admission to assess various aspects of the patient’s condition, reviews ...
Views: 652 - Coping Medicaid Expansion with Shrewd Medical Billing Practices - by Submitted on Apr 23, 2012 from Andersen KeenThe U.S. Department of Health and Human Services (HHS) predicts that the proposed Medicaid expansion will bring an estimated 16 million more Americans into the health-care safety net. The prediction comes even as some twenty-six states are against such expansion. Although the proposed ...
Views: 629 - Countering the phenomenon of Physician Shortage: Medical Reimbursements - by Submitted on Mar 21, 2012 from Andersen Keen“Consequently, physician reimbursements would largely depend on their ability to seamlessly process medical claims with either Medicare or private insurance carriers. But, with the reimbursement environment promising to be more vigilant and stringent than ever, physicians would find their ...
Views: 496 - Develop Social Media Networks for Hospitals and Small Practices to increase medical billing - by Submitted on Apr 16, 2012 from Andersen KeenSocial Media is developing into a tool not just for communication and entertainment but is also emerging as a powerful instrument for marketing and efficient coordination. Hospitals, group practices, clinics and even solo practices have started to reap the benefits offered by social media ...
Views: 541 - Dispelling hospitals’ reluctance in adopting Alternative Therapy & Medical Billing - by Submitted on Mar 09, 2012 from Andersen Keen“As much as its popularity amongst larger population of patients, Alternative Therapy may well become a viable alternative in ensuring hospitals’ uninterrupted sustenance and growth. And, judging by its popularity, it may well become an integral part of comprehensive medical services ...
Views: 538 - Does Expanding Outpatient Physicians Really Help Stabilize Your Hospital Revenues? - by Submitted on Jan 17, 2013 from Andersen KeenHospitals that hitherto have been troubled with in-patient operational losses may just have found a solution in outpatient mode. Contrary to stagnant inpatient volumes and revenues, outpatient volumes seem to have picked up in recent years. As a result operational revenues at hospitals seem to ...
Views: 641 - Driving patient engagement through healthcare-based social media - by Submitted on Jun 04, 2012 from Andersen KeenFrom seemingly innocuous platforms for personal interaction amongst registered community members, social media (comprising Face Book, Twitter, and other interactive sites) has emerged as a powerful channel for marketing. In fact, its business-utility has grown to so much that it has evolved to ...
Views: 807 - Effects on Physicians reimbursements: Insurance Denials and uncertainty of health reforms - by Submitted on May 14, 2012 from Andersen KeenInsurance denials are one of the major factors that affect a physician’s revenue even though health reforms do address some issues faced by patients and physicians in dealing with insurance companies, the denial rate of claims has not significantly altered due to such reforms. These ...
Views: 778 - EHR Adoption gains popularity with Oregon, Georgia, Washington and Virginia leading the trend - by Submitted on Apr 30, 2012 from Andersen KeenThe EHR adoption rates in the United States are definitely increasing and this fact is corroborated by a report released by the CDC (Centers for Disease Control and Prevention) which states that – “American Hospital Association’s Survey of IT adoption, 15.1 percent of acute ...
Views: 583 - Electronic Health Records spurring hiring of staff besides adding to costs at physicians practice - by Submitted on May 16, 2012 from Andersen KeenElectronic Health Records (EHRs) are complex systems and a dedicated team of professionals are required for handling and maintaining these systems for smooth operation of such records. The drawbacks of paper based records, the projected advantages of EHRs, and the incentives offered along with ...
Views: 757 - Eliminating Skilled Nursing Facilities’ (snfs) Medical Billing Complication - by Submitted on Feb 14, 2013 from Andersen KeenMedical billing for Skilled Nursing Facilities has undergone metamorphic changes ever since the Balanced Budget Act of 1997 came into effect 1998. One of the significant requirements under the new legislation is that Skilled Nursing Facilities are not permitted to unbundle services that are ...
Views: 792 - Exodus to hospital-based employment and its effect on healthcare industry - by Submitted on Jun 01, 2012 from Andersen KeenWhile the recent healthcare reforms ushered in by the Federal Government promises to elevate clinical and operational efficiency across the nation’s healthcare continuum, it is also going to induce physicians into a more accountable and responsible quality clinical regime. The imminent ...
Views: 815 - Factors Affecting Hospital Employment and Physicians’ Revenue - by Submitted on Apr 25, 2012 from Andersen KeenThere has been an increasing trend in the healthcare industry where physicians are opting for hospital employments and the reasons and repercussions of these seem numerous. It cannot be argued that there are many positives for ‘being your own boss’ in a private practice. However, due ...
Views: 1193 - Flexible work hours, employment options and career growth for Medical Billers and Coders - by Submitted on Mar 30, 2012 from Andersen KeenVarious options in Medical Billing and coding jobs provide ideal opportunities to billers and coders to choose from an array of different types of work environments giving them several opportunities along with flexibility in the rapidly growing health care field. According to a study by the ...
Views: 790 - Gauging your Medical Billing Company on ICD-10 compliant resource-capability - by Submitted on Apr 06, 2012 from Andersen Keen“As much as the intrinsic competencies of your Medical Billing Companies, their ability to advise on EHR/EMR implementation for efficient clinical and operational management should equally hold prominence. As HIPAA 5010 compliant EHR/EMR is the prerequisite to medical billing under ...
Views: 704 - Health reforms and its Effect on Medical Billing in Hospitals and in Small Practices - by Submitted on Apr 03, 2012 from Andersen KeenThe processes carried out in hospitals are very different from those carried out in small practices or solo settings. The difference does not just stop at the volume of care that is provided but is also related to the quality and the difference in the processes that are carried out. Although ...
Views: 501 - Hospitalists as Primary Care Providers - by Submitted on Mar 20, 2012 from Andersen KeenIn all the states of the US, healthcare is becoming an integrated affair with hospitals combining traditional healthcare services like surgical treatments with primary health care activities responsible for elementary requirements of a treatment cycle from blood tests to coordination of various ...
Views: 552 - Hosted EHR model as a viable alternative to in-house EHRs - by Submitted on Feb 29, 2012 from Andersen Keen“As the application service provider (ASP) hosting model increasingly becomes popular amongst lone-standing and small clinical practices, EHRs hardware manufacturers have begun to offer EHRs platforms that are quite capable of hosting multiple clients at the same time without the ...
Views: 609 - How aging reports aid in realizing Account Receivables - by Submitted on May 08, 2012 from Andersen KeenNotwithstanding the importance of flawless coding in maximizing healthcare insurance reimbursements from insurance carriers, it is the Account Receivable (A/R) Management that proves decisive in either making or breaking your chances of mitigating denial or delay of your medical bill claims. ...
Views: 1285 - How are States retaining physicians in times of shortage? - by Submitted on May 17, 2012 from Andersen KeenPhysician shortages is a growing concern and is pushing various states to keep doctors trained in medical schools and residency programs from crossing state lines to practice medicine. According to new statistics from the Assn. of American Medical Colleges- nationwide, there were 258.7 active ...
Views: 787 - How are States retaining physicians in times of shortage? - by Submitted on May 18, 2012 from Andersen KeenEnforcement of HIPAA 5010 transactions on March 15, 2012, was delayed for the second time for another 3 months by the government, with the Centers for Medicare & Medicaid Services’ Office of E-Health Standards and Services (OESS) pushing the date further to June 30, 2012, in order to ...
Views: 654 - How can Physicians Balance Roles at Work to Increase Medical Billing Efficiency of Their Clinic? - by Submitted on Nov 05, 2012 from Andersen KeenOver the last few years the healthcare system in the United States has witnessed modifications in policies and regulations, in order to make healthcare facilities cost effective and accessible to people from all income groups. However, a substantial percentage of the population still ...
Views: 728 - How crucial are certain adjustments while posting payments? - by Submitted on May 09, 2012 from Andersen KeenWhile it is true that payment posting is merely an exercise of recording the actual claim realized against patient account concerned, in reality its scope extends beyond that. Far from just being an accounting exercise, payment posting has evolved into an indispensable tool for analyzing ...
Views: 878 - How difficult can medical claim filing and payment posting be? - by Submitted on Sep 11, 2012 from Andersen KeenHospitals, healthcare organizations and dentists have long been occupied with the issue of medical filing. The process of medical claim filing is overtly complex, requiring paper work, filing and adjudication. Moreover, with the introduction of new reforms in the system every other day, which is ...
Views: 848 - How medical billing consultants are crucial to Credentialing with Medicare & Medicaid? - by Submitted on Apr 11, 2012 from Andersen KeenOver the years, Credentialing has become an indispensable thing to medical practitioners’ sustenance and growth; so much so that it is impossible to think of undertaking medical practicing without a valid credentialing from the authorized health agencies. Today, credentialing, as much as a ...
Views: 585 - How medical billing services contribute to retaining patients at your facilities - by Submitted on Jun 21, 2012 from Andersen KeenThe intense competition in the healthcare industry is triggering unprecedented benefits to the patient fraternity. While the quality of medical care has improved by leaps and bounds, patients now, have choices and alternatives just in case they feel deterioration in the perceived level of ...
Views: 859 - How Rising Usage of Thoracic Ultra-Sonography Would Prompt Physicians to Opt for External Medical Billing - by Submitted on Feb 14, 2013 from Andersen KeenHow Rising Usage of Thoracic Ultra-Sonography Would Prompt Physicians to Opt for External Medical Billing The safety and precision factors associated with Thoracic ultrasonography have made it a more indispensable and preferred imaging modality to the traditional radiology imaging procedures ...
Views: 845 - ICD-10 delay likely to cost healthcare industry billions: Proficient ICD-10 Coders in demand! - by Submitted on Apr 02, 2012 from Andersen KeenEven as the Department of Health & Human Services’ in order to reduce regulatory burdens, announced last month it would consider delaying the ICD-10 implementation deadline for certain entities, subsequent industry reactions depicted healthcare professionals being primarily not in ...
Views: 700 - Implication of Stage 2 delay on Cardiology Practices – equipped with medical billing support - by Submitted on Apr 09, 2012 from Andersen Keen“Irrespective of the decision, it may be fool-hardy to assume that cardiologists themselves will be able to elevate their practices to the requisite demands of Meaningful Use Criterion. Therefore, it is becomes imperative that they avail proven services from credible sources for medical ...
Views: 563 - Improving Patient Collections via Medical Billing - by Submitted on Apr 12, 2012 from Andersen KeenIf the insurance-driven nature of US healthcare is leaving care providers to sort out administrative issues to ensure successful claim submission and reimbursement is one side of the problems US healthcare providers face, the other side is patients unwilling or unable to pay the share of the ...
Views: 589 - Increase revenue by improving billing functions - by Submitted on Apr 13, 2012 from Andersen KeenThe excessive administrative work healthcare organizations are having to deal with due to reforms in the US healthcare has begun to take its toll on the revenue of healthcare organizations across all the states of the US due to several reason, like claim denials by insurers and hospitals ...
Views: 592 - Is Medicare and Medicaid Reimbursements fairer than Private Insurers: a Brief Comparison - by Submitted on May 30, 2012 from Andersen KeenVarious providers despite being paid lesser by government than by commercial insurers believe that Medicare and Medicaid reimburse more fairly than commercial payers. Findings from a recent survey depicted that 93% of respondents feel that Medicare is fair always or frequently while 62% felt the ...
Views: 907 - Job Opportunities: A New Positive Outlook for New Physicians amidst healthcare reforms - by Submitted on Mar 23, 2012 from Andersen KeenThe shortage of physicians, the health reforms, the skyrocketing costs of health care , the Medicare cuts worry and the influx of health IT into the health industry has created a bit worrying albeit a dynamic environment. Although there are critics who oppose the health reforms and suggest other ...
Views: 569 - Job outlook for medical billers & coders looking optimistic in Idaho, Florida & other US states - by Submitted on Feb 24, 2012 from Andersen KeenVarious factors playing a role in altering the salary of a medical biller and coder including work experience, geographic location and type of employer, the job outlook for medical billers and coders in Idaho is very optimistic according to the United States Bureau of Labor Statistics (BLS), ...
Views: 497 - Making ICD-10 transition easier, efficient and meaningful - by Submitted on Mar 03, 2012 from Andersen KeenBy now medical practices must have realized that the transition to ICD-10 means more than just learning a new code set and upgrading the existing software. As medical practices embark on the transition to a more radical system of clinical and operational regimen, the deadline for which is set at ...
Views: 571 - Making physicians’ knowledge transition to ICD-10 and HIPAA 5010 easier, efficient and meaningful - by Submitted on Mar 05, 2012 from Andersen KeenPhysicians requiring to upgrading their coding knowledge to a more exhaustive ICD-1O system More than any other clinical or operational entity that needs to realize the affinity to the ICD-10 and HIPAA compliant medical data filing and processing, it is your physicians that require show the ...
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