Certainly, let’s discuss technology, specifically focusing on billing software in the context of a billing company. Technological advances have indeed revolutionized the way billing and financial operations are managed. However, like any tool, billing software has its advantages and disadvantages, and its effectiveness depends on various factors, including the company’s understanding and utilization of the…
Tag: Revenue Cycle Management
Principles of Improving Patient Procedure Collections
It has never been more important to the financial health of your practice to have an efficient patient pre-collections program in place. The goal is to get patients to pay in full prior to the procedure. The motto for getting paid is to Ask Early and Ask Often for Payment. The fact is, the further…
The Masters of Revenue Cycle Management
While your “long game” goal as a specialty healthcare facility is to provide high-quality care to your patients. You need to master your revenue cycle management in order to keep positive cash flow so that you can continue to provide the state-of-the-art technology and quality services you desire within your medical practice. When medical billing…
New Years Resolutions for Your Medical Practice
As we reach the end of 2018, a lot of reflection is happening from everyone – both personally and professionally. The team at MEREM Healthcare Solutions wants to help offer some tips or resolutions that your physician practice can make for 2019 in order to grow your medical practice and improve patient care. Where do you…
Creating Custom Reports For Your Medical Practice
Reporting of a practices medical billing performance is more complicated today than ever before because the options for reporting are much greater. EMR programs collect and process so much data, that it becomes overwhelming and time consuming to manage and sort for most practice managers. In order to truly measure specific practice performance processes that…
What if your billing team went away tomorrow?
What if your medical billing team went away tomorrow? It’s happened to more than one practice. Like many specialty medical practices, you probably have an in-house team that handles your revenue cycle management; From billing to coding, to auditing, collections, payment posting, claims re-submissions and dealing with payors. For some practices, this in-house arrangement works…
How Coders Can Help Prevent Healthcare Fraud and Abuse
Coding services are the life-blood of your practice. That is how the services you provide are transformed into billable revenue. It takes a knowledgeable and experienced coding staff to maximize your billed charges while maintaining strict compliance with CMS and CCI guidelines. Coders are trained to identify noncompliance and fraud. Part of a coder’s…
Enhance practice performance in these simple steps
The healthcare revenue cycle/reimbursement cycle is a very particular machine. All aspects need to work together just right and at the right time or the system breaks down. Merem Healthcare Solutions works with independent specialty medical practices to help improve your medical practice as a whole. MEREM Healthcare Solutions is dedicated to providing physicians and…
Have you noticed your Medicare reimbursements have decreased or delayed?
As an outsourced medical billing, coding and consulting company, MEREM Healthcare Solutions is seeing an increase in denials and loss of revenue for our clients due to this particular issue.
Identify and Overcome Billing and Coding Reimbursement loss
Spine and orthopedic surgery practices often face revenue building challenges due to billing and coding errors. The culprit is simply confusion in changes to procedure or misunderstanding of the strict guidelines and CPT coding criteria. MEREM Healthcare Solutions offers insight for practice administration to improve their revenue through detailed coding and accuracy in the billing…
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