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Common Medical Billing & Insurance Terminologies I-Med Claims

A health savings account (HSA) is a type of savings account that allows healthcare providers to pay for expenses with pre … See more

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Guideline About Healthcare Reimbursement Process I-Med Claims

WebThe process through which your hospital, healthcare provider, diagnostic facility, or doctor is compensated for providing you with healthcare or medical services is …

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Trusted medical billing Services for your Practice I-Med Claims

WebThis is why I-Med Claims LLC is offering such medical practices an opportunity to increase revenue collections and decrease A/R levels to the minimum. …

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Most Common Modifiers In Medical Billing I-Med Claims

WebThis modifier cannot be used to bill for processes. Modifier 25 – It is added to all E/M services performed on the same day as another significant surgery by the same …

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Importance Of ICD-10 Codes In Healthcare Industry I-Med Claims

WebImplementing the ICD-10 code set also enables more accurate payment for the latest techniques, fewer rejected claims, fewer fraudulent claims, a deeper …

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Comprehensive Medical Coding Guide for Healthcare Professionals

WebA Comprehensive Medical Coding Guide for Healthcare Professionals. June 7, 2023. Medical Billing. Medical coding and billing are interconnected components of the …

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How Do Insurance Companies Pay For Medical Bills I-Med Claims

WebCoinsurance. Coinsurance is the percentage of healthcare costs you pay after you have met your deductible. For example, if you have a 20% coinsurance, your insurance provider …

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Upcoding & Upbundling-Common Medical Billing Fraud

WebHealthcare fraud occurs when a healthcare provider knowingly provides false or misleading information to determine the number of healthcare benefits to pay. …

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A Guide to Surgical Assistants Billing I-Med Claims

WebFor any assistance in billing and coding for surgical services, please email us at [email protected] or call us at 866-886-6130. Learn everything you need to know …

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Importance Of Authorization In Medical Billing I-Med Claims

WebMedical Billing Prior Authorization. In medical billing, authorization refers to the process by which the payer agrees to cover the prescribed services before they are …

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Ultimate Guide to Medical Billing Audit Process I-Med Claims

WebMedical billing auditing is a planned process of analyzing and evaluating the effectiveness and dependability of clinical documentation and the overall medical billing …

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Guidelines Of Behavioral Health Billing Services I-Med Claims

WebA Comprehensive Guideline Of Behavioral Health Billing Services. December 19, 2022. Medical Billing. Behavioural health billing services are a necessity …

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How Does The Medical Billing Cycle Work

WebMedical billing deals with submitting healthcare claims to insurance companies to get paid for medical services given by healthcare professionals. Medical …

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Clean Claim Ratio & Its Importance in A/R Management

WebA Guide To Clean Claim Ratio And Its Importance In A/R Management. May 31, 2023. Medical Billing. Effective claims management is crucial for businesses to …

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Compliance Strategies for Revenue Cycle Management

WebHospitals can prevent fraud and abuse within the healthcare system by emphasizing compliance and accuracy in revenue cycle management (RCM).Claims …

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Most Common Types of Healthcare Software I-Med Claims

WebThe two most common types of EHR software are: Electronic patient record software (EPR) is used internally by hospitals to manage and store patient records. …

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Experienced Behavioral Health Billing Services I-Med Claims

WebThe Billing Process for Psychiatrists, Psychologists, and Behavioral Health Services. Our billing service adheres to a strict and proprietary billing methodology …

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Referral And Prior Authorization I-Med Claims

WebA referral is when your healthcare provider recommends that you receive medical services from another healthcare provider or professional. Prior authorization or …

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Guide For Common Acupuncture CPT Codes I-Med Claims

WebIn general, the most commonly used acupuncture CPT procedure codes are those related to medical evaluation and management, such as: 99201-05: New Patient …

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