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What Implication Will Reimbursement Cuts For 2013 Have on Radiology Collections?

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Radiology collections, which have been far from being impressive in the recent years, may further go down amidst a host of issues likely to surface throughout 2013. Significant of those issues is the reimbursement cuts, which is supposed to lead to a reduction of almost 19% in the collections of radiology practices. Further, a 25% cut in payments for imaging services has not gone down well with providers, who may eventually be discouraged to comply and continue with revised guidelines.
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Jacob Thomas's curator insight, April 8, 2013 8:27 AM

Radiology collections, which have been far from being impressive in the recent years, may further go down amidst a host of issues likely to surface throughout 2013. Significant of those issues is the reimbursement cuts, which is supposed to lead to a reduction of almost 19% in the collections of radiology practices. Further, a 25% cut in payments for imaging services has not gone down well with providers, who may eventually be discouraged to comply and continue with revised guidelines.

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Medical Billing Services
Medical Billers and Coders is the largest consortium of Medical Billers and Coders in the United States. Our aim is to help the physician community to reach the right expertise in the right location at the right time.
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Reforming Nursing Facilities Medical Billing Amidst Dwindling Reimbursements

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Nursing facilities across the U.S. have somehow endured a series of Medicare/Medicaid cuts thus far, but the latest move by CMS to reduce reimbursement for so-called Medicare “bad debt” – Medicare co-payments not made by beneficiaries or state Medicaid programs – may bring them on the threshold of a major operational crisis.

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Social Media and Medicine: Challenges and Opportunities

Social Media and Medicine: Challenges and Opportunities | Medical Billing Services | Scoop.it
Social media has revolutionized the healthcare industry to a great extent. Not only doctors but patients have also been active on sites like Facebook, Twitter
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5 Tips for Improving Radiology Billing and Coding

5 Tips for Improving Radiology Billing and Coding | Medical Billing Services | Scoop.it

Radiology billing and coding can be taxing if the backend process is not streamlined. Manage your RCM better by incorporating these simple tips into your practice administration.

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Medical Billing and Coding for Neurologists

Medical Billing and Coding for Neurologists | Medical Billing Services | Scoop.it

Outsourcing billing services has various benefits for neurologists. They not only get to improve their collections but also enhance productivity at their practice.

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Should Medical Billing be outsourced or kept In-House?

Should Medical Billing be outsourced or kept In-House? | Medical Billing Services | Scoop.it

MedicalBillersandCoders.com has been helping 42 medical specialties across the US sail through the above-mentioned challenges. MBC has a strong team of certified coders and billers who are well-trained in handling billing complexities and strengthening the revenue cycle for physicians.

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Overcoming Top 4 Physician Practice Challenges

Overcoming Top 4 Physician Practice Challenges | Medical Billing Services | Scoop.it

Independent physician practices face internal as well as external challenges. Payment cuts, increasing practice costs, lack of skilled resources are some of the factors due to which running an independent practice has become difficult.

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Is Your Staff Trained to Use the Latest Medical Technology? | Latest Update on Medical Billing - MedicalBillersandCoders.com

Is Your Staff Trained to Use the Latest Medical Technology? | Latest Update on Medical Billing - MedicalBillersandCoders.com | Medical Billing Services | Scoop.it
Many hospitals are establishing human-factor research teams in order to determine how the staff is going to react with new technology in real-life situations
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5 Problem Areas Physician Decision Makers Hear about when Taking Critical Decisions

5 Problem Areas Physician Decision Makers Hear about when Taking Critical Decisions | Medical Billing Services | Scoop.it

Patient-physician relation is the vital element of medical practice. International Code of Medical Ethics states, “A physician shall owe his/her patient complete loyalty and all the scientific resources available to him/her.”

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Why Doctors Love or Hate EHR | Latest Update on Medical Billing - MedicalBillersandCoders.com

Why Doctors Love or Hate EHR | Latest Update on Medical Billing - MedicalBillersandCoders.com | Medical Billing Services | Scoop.it
With an increased number of dissatisfied physicians with the use of EHR, the responsibility majorly falls on the software vendors to design and make products
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Top 5 Operational Threats to Medical Billing

Top 5 Operational Threats to Medical Billing | Medical Billing Services | Scoop.it

With every passing year, it is becoming difficult to run a profitable business in the medical industry.

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Top 5 Concerns of an Office Manager in Any Clinic | Latest Update on Medical Billing - MedicalBillersandCoders.com

Top 5 Concerns of an Office Manager in Any Clinic | Latest Update on Medical Billing - MedicalBillersandCoders.com | Medical Billing Services | Scoop.it
Let us analyze few of the top most concerns of an office manager in any clinic or healthcare facility.
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Top 7 Health Care Challenges in 2014

Top 7 Health Care Challenges in 2014 | Medical Billing Services | Scoop.it

The US healthcare market is evolving rapidly. Hospitals and private practices need to address the various challenges and trends in order to survive. They are expected to reinvent their operations and re-evaluate their revenue cycle to maximize cash flow. Here are the top seven health care challenges physicians are facing in 2014

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Should Medical Billing be outsourced or kept In-House?

Should Medical Billing be outsourced or kept In-House? | Medical Billing Services | Scoop.it

The numbers of providers in need of EHR replacement is growing in 2014. They are not sure if their current health IT system is capable of handling healthcare changes including, stage 2 Meaningful Use and ICD-10 compliance. 

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Role of Medical Billing Software in Cardiology Practices: How can they benefit

Role of Medical Billing Software in Cardiology Practices: How can they benefit | Medical Billing Services | Scoop.it

The electronic medium is the way to go if you want timely reimbursements. Cardiology outsourcing professionals are trained in using the latest billing software for quicker payment collections.

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Podiatry Practice requires In-house Biller in Newark, New Jersey Jobs in Newark , New Jersey

Podiatry Practice requires In-house Biller in Newark, New Jersey Jobs in Newark , New Jersey | Medical Billing Services | Scoop.it
Podiatry Practice requires In-house Biller in Newark, New Jersey jobs in Newark , New Jersey , US. Apply now
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Chiropractic Practice in Maryland, Columbia Seeks In-house Medical Biller Jobs in Maryland , Maryland

Chiropractic Practice in Maryland, Columbia Seeks In-house Medical Biller Jobs in Maryland , Maryland | Medical Billing Services | Scoop.it
Chiropractic Practice in Maryland, Columbia Seeks In-house Medical Biller jobs in Maryland , Maryland , US. Apply now
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ICD-10 Testing Weeks Set - Is Your Practice Prepared? | Latest Update on Medical Billing - MedicalBillersandCoders.com

ICD-10 Testing Weeks Set - Is Your Practice Prepared? | Latest Update on Medical Billing - MedicalBillersandCoders.com | Medical Billing Services | Scoop.it
These requirements have increased burden on practices that are already facing tremendous pressure to make the ends meet.
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Why is it Critical for Doctors to Ensure Work-Life Balance?

Why is it Critical for Doctors to Ensure Work-Life Balance? | Medical Billing Services | Scoop.it

The complexities and pressures of today’s healthcare environment have made stress management a necessity for physicians in the US. Considering the increase in workload, doctors are experiencing an imbalance in their personal and professional life. To sail through challenges, they are either selling their practice to a hospital or quitting the medical profession.

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Practice for Internal Medicine Seeks In-house Biller in Ocala, Florida Jobs in Ocala , Florida

Practice for Internal Medicine Seeks In-house Biller in Ocala, Florida Jobs in Ocala , Florida | Medical Billing Services | Scoop.it
Practice for Internal Medicine Seeks In-house Biller in Ocala, Florida jobs in Ocala , Florida , US. Apply now
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In-house Vs. Outsource Medical Billing for Texas | Latest Update on Medical Billing - MedicalBillersandCoders.com

In-house Vs. Outsource Medical Billing for Texas | Latest Update on Medical Billing - MedicalBillersandCoders.com | Medical Billing Services | Scoop.it
Medical billing in Texas, helping physicians sail through reimbursement challenges. The company offers HIPAA-compliant billing solutions, denial management,
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In-house Medical Biller Required For Cardiology in Miami, Florida Jobs in Miami , Florida

In-house Medical Biller Required For Cardiology in Miami, Florida Jobs in Miami , Florida | Medical Billing Services | Scoop.it

In-house Medical Biller Required For Cardiology in Miami, Florida jobs in Miami , Florida , US. Apply now

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Poor Revenue Cycle Performance? Strengthen Your HIM Processes

Poor Revenue Cycle Performance? Strengthen Your HIM Processes | Medical Billing Services | Scoop.it

Worried about shortage of coders and poor performance of your revenue cycle? If the answer is yes, your practice needs to look beyond coding and start optimizing the Health Information Management (HIM) process to improve efficiency. Since the revenue cycle of a practice starts and ends with medical records, HIM is critical in capturing revenue successfully.

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Cardiologists Surviving Business Challenges with a Specialized Medical Billing Service | Latest Update on Medical Billing - MedicalBillersandCoders.com

Cardiologists Surviving Business Challenges with a Specialized Medical Billing Service | Latest Update on Medical Billing - MedicalBillersandCoders.com | Medical Billing Services | Scoop.it
From financial issues created due to Affordable Care Act to hardships related to health IT implementation, cardiology practices in the US are facing various
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James Muir's curator insight, August 13, 4:19 PM

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Flat Income Trend for Physicians in 2014

Flat Income Trend for Physicians in 2014 | Medical Billing Services | Scoop.it

The industry experts are witnessing compensation levels almost the same as last year; however, some specialties have witnessed a significant boost in their income. Technical and scientific breakthroughs helped these specialties gain more income, for instance, cardiology earnings increased due to the development of cardiac stents.

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Simplifying AR Management in Medical Billing Processes | Latest Update on Medical Billing - MedicalBillersandCoders.com

Simplifying AR Management in Medical Billing Processes | Latest Update on Medical Billing - MedicalBillersandCoders.com | Medical Billing Services | Scoop.it
A wide range of services are offered for ARM relating to the medical billing service, including denials management, collection, etc. The only motto is to ensure
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Benefits of Outsourcing Primary Care Billing Services

Benefits of Outsourcing Primary Care Billing Services | Medical Billing Services | Scoop.it

Increased administrative hassles and reduced potential for income are two main reasons behind the shortage of Primary Care Physicians (PCP) in the US.

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