Four US Healthcare Market Issues for 2014

healthcare medical billing coding trends

Outlining key healthcare issues for 2014

From HER fraud to unveiling of HealthCare.gov, from dynamics of new payment models to ICD-10 progression, it seems an eventful 2014 waits us as far as healthcare is concerned. Here are four issues to watch in the coming year.

1. EHR Fraud

I couldn’t believe when I read that “Electronic Health Records may be doing greats for patient care,

An Overview on Affordable Care Act (Obamacare)

With Affordable Care Act 95% of Americans will be insured.

With Affordable Care Act, 95% of Americans will be insured.

Off late, I have been hearing the name of US president with his care and suddenly triggered me this Joke

“Anybody try to sign up for the Obamacare? It’s impossible, and everybody’s furious. The Republicans are upset about Obamacare because something they tried to stop now won’t

Analytics To Play a Crucial Role in The Evolving Healthcare Market

Looking deeper into healthcare processes by extracting insights from big data and merging statistical data mining

Looking deeper into healthcare processes by extracting insights from big data and merging statistical data mining

For everybody in the healthcare community from the providers, hospitals, health systems, exchanges, payers and technology experts the need of the hour is analytics. Data is generated in numerous steps and processes in the revenue cycle arena,

Insurance Claims Processing Improvement Is Top Priority To Lower Costs and Improve Profitability

Achieving extraordinary outcomes through transformation of claims processing

A whopping 93 percent of respondents of a survey felt that insurance claims process improvement is a top priority to lower operational costs. This is followed by staff training, software implementation and staff reorganization.

The study conducted by Trillium Software aggregated information from approximately 30 insurance claims executives, managers

Billing Outsourcing Services: Changing Face of Medical Billing & Coding Outsourcing

Billing & Coding Outsourcing Services from India

Solve medical billing & healthcare revenue cycle management issues through strategic outsourcing

Every year, a colossal $350 million is spent to submit and process claims in the healthcare industry, stated a Dell report. No wonder, the number is only going to up and further up in the future. Equally disheartening to see how

Outsourcing Data Entry Services: Advantages of Insurance Claims & Medical Billing Data Entry Services

data-entry-worker-outsourced-medical-biiling-insurance

Outsource insurance claims data entry services

Universally, correct data or collections of information are single version of the much desired truth. By gaining accurate  information, clients achieve extraordinary outcomes from outsourced data entry services. A smarter decision can take off based on correct information capture and customized solutions. In this extremely competitive business world, highly accurate and most up to date data are imperatives organizations can’t

Medical Billing Outsourcing Services: 7 advantages

7 advantages of Medical Billing Outsourcing Services

Outsource medical office billing to a professional medical billing company.

Medical billing outsourcing services are no longer a novel approach. Outsourcing is now as mainstream as you can get. It typically produces greater cost savings and outcomes following its streamlined processes, superior systems, state of the art technologies, economies of scale and skilled

Medical Billing and Coding Outsourcing Services: The Changing Paradigm

Medical billing process at Vee Technologies

What is medical billing? 

Medical Billing is a process by which hospitals, doctors or other healthcare practitioners bill health insurance companies for claims. A claim starts with a patient’s visit to a hospital. The clinician diagnoses the patient and tries to

ICD -10 is here. Are you ready?

ICD-10 Implementation Support and Approach

ICD-10 Implementation Support and Approach

Transition from ICD-9 to ICD-10 is approaching fast. Its deep impact on revenue and clinical efficiency on healthcare indsutry will be substantial. Vee Technologies understands the challenges and committed to helping you maintain correct coding, improve clinical documentation quality, enhance coder productivity and help physicians acclimatize with new environment while minimizing interruption.

Now that the ICD-10 final rule has arrived, let’s reap

What is HIPAA 5010 Conversion?

5010 conversion

5010 conversion

The Health Insurance Portability and Accountability Act (HIPAA) mandated that all  healthcare clearing houses, healthcare providers and health plans must comply with new electronic transaction standard, which is version 5010. Moving away from 4010 format, HIPAA 5010 which went into effect from Jan 1, 2012, makes sure that healthcare transactions can ably support new and dynamic developments in healthcare management like ICD- 10 code set changes etc.

HIPAA

Embrace Social Media Monitoring for Better Law & Enforcement

Media-Monitoring-CompanyTo head off unruly crowd sentiment over social media and to detect advance possible mass gatherings before it descends on the city soil, Mumbai Police have set up a social media monitoring facility [Indian Express report here]. First of its kind in India from a law enforcement unit, “The Social Media Lab” will monitor Facebook, Twitter, Google+ and other prominent social media platforms to measure changes in mass

Urgent Care Billing Services: Medical Billing & Coding Outsourcing for Superior Efficiency and Improved Productivity

Medical Coding Services & Medical Billing solutions

Medical files are kept in a urgent care center in Ohio for processing

In healthcare outsourcing, Urgent Care Management is a new playing field with complex regulatory issues, complicated reimbursement system and multiple health plans from gamut of service providers. Amidst ever changing regulations and overwhelming coding rules, finding the lost income that your urgent care business legitimately owes has become

Outsourcing Document Review Reduces Burden on Legal Fraternity

Document Review job, Document Review, outsource Document Review job, E-discovery, quality document reviewDocument Review job, when outsourced, is done by legal professionals working under qualified U.S. attorneys at a reasonable cost – in fact, significantly more economical than handling it in-house. Outsourcing Document Review is economically beneficial at a savings of generally 35% or more and it is also time saver, allowing key staff to focus on more strategic elements

Technology + Social Media = Dreamzzz Unlimited

Long gone are the days when the world was dependent on non-portable devices for Social Media. No more meetings in the village square, simply following the latest gossip spread from person to person or sitting down to our massive CPUs and first generation computers.  Now we are continuously online thanks to our laptops and smart phones.  In fact, so much so that some of us even wake up in the middle of the

India – A Boon To US Healthcare Providers

To survive and sail through the tough times in the US healthcare industry, many organizations have come up with some pretty innovative and out-of-box solutions to reduce costs, increase revenue, enhance turnaround times and improve processes. Topping the list for many organizations is the natural transition to contract a strategic medical billing services company…often across the globe in India. Initially, turning over part of the revenue cycle management processes to a medical billing

Farming Out Logistics Processes To India: What Are The Benefits?

Although outsourcing as we know it today was not labeled until 1989, outsourcing as a business strategy to countries like India continues to grow all across the globe — despite the current “political hot topic” anti-outsourcing campaigning. The positive benefits are simply too great.  Turning non-core processes and essential functions over to an external supplier enables companies to leverage their resources, spread risks and concentrate on issues critical to their survival and future

Is Outsourcing e-Discovery For ESI The Smart Choice?

Legal Process Outsourcing: Federal Rules of Civil Procedure and the role it plays with ESI and e-Discovery

We all see it. The world around us is changing, this includes the complex and ever-changing legal landscape. Modern technology facilitates mass processes influencing human life in every aspect at large. Legal processes that were once handled exclusively in-house can now be safely outsourced to trusted global services partners. Hard copies are replaced by soft copies

Vee Technologies Countdown: 5010 Conversion Deadline In 108 Days

At Vee Technologies, we understand that the March 31st deadline for the 4010 to 5010 EDI Health Care Claim Transaction set is approaching fast and there are innumerable providers, payers, and vendors still at risk for non-payment of claims at the start of Q2 2012. ICD-10 is not just for those who submit Medicare claims but for any healthcare organization that processes, stores or transfers any type of patient health information covered by HIPAA.

Even with the recent deadline extension from