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The financial health of the medical industry is weakening due to inefficient medical billing and coding processes. There is a need to take extraordinary steps to mitigate the inefficiency in medical services. For this reason, the physicians can focus on the following aspects to generate exceptional medical billing services.

The best way to improve the collection rate is by outsourcing medical billing services. They have resources and infrastructure to keep an eye on every matter that ultimately enhances your billing performance.

Medical billing services for cardiologists are already complex, and to accommodate changing billing requirements, we should be aware of the updates to maximize revenue.

Believe it or not, each step taken, each system constructed, and new strategies adopted by the medical billing services influence revenue management. They can either make it or break it.

Technology incorporation and adapting to gig economy norms is what going to make the healthcare industry powerful. How it can be possible, learn more here.

Studies suggest minor errors are one of the major reasons why payers reject claims and billing companies have to go about denial management. We have professional tips to help you avoid this.

We have listed down all the adamant features that you can find in good billing software. So, if you are thinking about getting one, read this article to know what should be looking for.

Outsourcing medical billing improves the net collection rate as it gives a push to reimbursements. It also speeds up the RCM process by not delaying the billing and coding of claims.

Learn about improvement activities (IA) reporting requirements for MIPS 2021 data submission. You can target 15 points for this category.

Being a medical practitioner is quite a demanding job in itself. You have to make time for your patients, run your practice, ensure each patient gets the appropriate time, etc. Adding administrative duties on top of all this will just make your job harder. It is where medical billing service providers come into play. They can take that load off and make sure that you can handle your primary responsibilities without stressing about the data collection, billing, insurance claims, and other such things.

The European Commission said on Wednesday it would allocate 1.23 billion euros ($1.3 billion) to mental health initiatives across the 27-member European Union and make mental health a pillar of health policy. "Today marks a new beginning for a comprehensive, prevention-oriented and multi-stakeholder approach to mental health at EU level," Stella Kyriakides, EU Commissioner for health and food safety, said in a statement. "We need to break down stigma and discrimination so that those in need can reach out and receive the support they need. It is OK not to be OK, and it is our duty to ensure that everyone asking for help has access to it." The Commission said mental health problems already impacted around 84 million people before the COVID-19 pandemic with an economic cost of about 600 billion euro a year, or 4% of the bloc's GDP. The situation has deteriorated since the pandemic with the war in Ukraine, climate change anxiety and the rising cost of living due to soaring inflation. At a press conference, Commission vice-president Margaritis Schinas called it a "silent epidemic" and said the topic was the last piece in the European Health Union "puzzle".

The General Pharmaceutical Council (GPhC) has developed two new resources- Keeping patients safe being open and honest and Pharmacy team toolkit - learning from incidents, to help pharmacists and pharmacy technicians fulfil the duty of candour - the professional responsibility to be open and honest with patients if/when something goes wrong. The new resources bring together relevant existing policy, standards, and previous statements on the professional obligations of pharmacists and pharmacy technicians, with respect to candour. It also emphasises that the duty of candour is not an add on - it's a fundamental part of pharmacy professional practice. The responsibility to be open and honest applies even in difficult or challenging times and it's essential that professionals do the right thing for patients, their families and carers. Saying sorry meaningfully when things go wrong is vital for everyone involved. Given the link with issues around liability and indemnity, the National Pharmacy Association and the Pharmacists' Defence Association - as leading providers of professional indemnity - have also contributed to the new resources and highlighted the importance of openness and transparency in this context.