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Showing posts from April, 2022

Why Should You Inculcate Good Medical Coding Software Into Your Core Medical Practice System?

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  The backbone of any medical practice or hospital is the revenue cycle which encompasses all the clinical and administrative tasks performed. Robust and seamless revenue cycle management relies heavily on error-free medical coding. Medical coding is a complicated and challenging activity; every year, medical codes are reviewed and updated. Clinical patient documentation is what healthcare providers use to justify a claim and seek reimbursement from the insurance company. In the healthcare industry, medical coding errors lead to more than 50% of claim rejections, loss of income, HIPAA violations, and the prospect of legal lawsuits and hefty federal fines. To counter that, most healthcare facilities today are installing sophisticated medical coding software from a well-recognized medical solution provider. The software helps them reduce coding errors, reduce claim rejections, improve patient satisfaction, maximize reimbursement and streamline the revenue cycle.   Your medi...

Top 8 Benefits Of Cloud Based Medical Software

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  Healthcare provider organizations of all sizes have joined large health systems in the transition to cloud based medical software for safety, quality, risk management, and other applications in recent years. This is due to the fact that cloud computing in healthcare provides significant benefits to small private practices, multi-location hospital networks, and independent treatment facilities alike. By leveraging cloud software technologies, virtually any size healthcare facility can reap benefits such as cost reduction, improved privacy, and, most importantly, fostering patient safety and quality initiatives.   What Are The Advantages Of Cloud Computing In The Healthcare Sector? There are eight major advantages to implementing cloud computing solutions, which are as follows: 1.        Scalability and flexibility: Storing large amounts of patient data on-site limits an organization's ability to scale. Cloud billing software , on the ...