Enter your keyword

Medical Billing

Get All Latest News from WWS

Chiropractic Billing Tips for Increasing Monthly Revenue

Chiropractic Billing Tips for Increasing Monthly Revenue

Chiropractic Billing & office management can be complicated. Especially when you factor in the ever-changing requirements and regulations having to do with health insurance and government programs. A streamlined and efficient financial process is crucial for any successful practice, and is a key to a healthy revenue cycle. Take a look at these seven monthly […]

Optimizing Patient Collections: A Provider Panel on What Works and What Doesn’t

Optimizing Patient Collections: A Provider Panel on What Works and What Doesn’t

We all know how important it is to aim for 100% reimbursement to be successful, which is why collecting from patients up front is an even bigger priority. Now, take it a step further. Do you know how to effectively and efficiently secure those payment methods for future use? How do your patients respond when […]

When does outsourcing your credentialing make sense?

When does outsourcing your credentialing make sense?

Many organizations who have taken on credentialing responsibilities find it challenging to master the process on a macro level. Ever-changing laws and standards impacting credentialing can be difficult to stay abreast of and/or implement. One of the biggest challenges, which also has a direct impact on the revenue collection of most practices, is credentialing i.e. […]

Maximizing Healthcare Provider Revenue with Payer Contract Management

Improving payer contract management by analyzing terms and assessing payer performance can maximize revenue for healthcare providers. Payer contracts contain fee schedules and reimbursement requirements, as well as the conditions payers must meet for timely reimbursement. Ensuring correct reimbursement in a timely manner is always at the top of a healthcare provider’s mind. But many […]

What Physicians Need To Know To Avoid MIPS Penalty In 2019

The Centers for Medicare and Medicaid Services (CMS) has proposed a rule that would affect the 2018 reporting year and beyond. The proposal offers a number of ways to help physicians avoid penalties. CMS has posted a fact sheet about its proposal. The Centers for Medicare and Medicaid Services (CMS) says over 33,600 psychiatrists provide services reimbursed under […]

How Hospitals Can Improve ROI through Revenue Cycle Management

Revenue cycle management is the process that manages claims processing, payment and revenue generation, and often entails the use of technology to keep track of the claims process at every check point.  Effective revenue cycle management will maximize the return on investment of a hospital. If you don’t have a good system in place, it can be challenging to juggle the various overhead […]

Four Steps To Help Make Provider Credentialing Mistakes Disappear

Four Steps To Help Make Provider Credentialing Mistakes Disappear

It’s very essential to be a provider with government and commercial insurance companies. Your practice needs steady patient referrals not to mention cash flow, but Are you mired down in the provider credentialing processes by making these common mistakes? Whether it’s a simple human error or an inefficient process, making a mistake could impact your […]

Five Ways For Improving Hospital Billing and Collections Processes

How Hospitals Can Improve Their Billing and Collections Processes It’s not uncommon for hospitals to grapple with account resolution problems, and revenue cycle management is an ongoing challenge for even the best-run hospitals.  In 2018, many hospitals are struggling to collect payments from not only patients, but insurance companies too.  It can be argued that […]

New Meaningful Use Program: How Does This Affects Hospitals and Healthcare Providers

New Meaningful Use is defined by the use of certified electronic health record technology in a meaningful manner, ensuring that the certified EHR technology is connected in a manner that ultimately improved the quality of care. This concept of meaningful use was enacted with the American Reinvestment & Recovery Act in February of 2009; an effort led […]

Medical Billing and Coding Trends to Look Out for in 2018

For anyone dealing with the medical billing and coding aspect of running any size of medical practice, it’s clear that information about medical billing, coding and financial administration is a powerful asset. Expert organizations like Deloitte projected that between 2015 and 2020, healthcare spending will increase from 2.4% to a whopping 7.5%. Even though the […]