Archives for : Medical Billing

Four US Healthcare Market 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 …

An Overview on Affordable Care Act (Obamacare)

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 get started.” –David Letterman (Source) First of all, we …

Analytics To Play a Crucial Role in The Evolving Healthcare Market

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, from the time the patient visits the facility to the time the reimbursements are made. Healthcare analytics is …

Billing Outsourcing Services: Changing Face of Medical Billing & Coding 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 hospitals and healthcare centers are finding it difficult to liquidate various streams of revenue. …

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

Medical Billing Outsourcing Services: 7 advantages

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 labor laden with specialized knowledge and experience. In today’s complex and evolving healthcare …

Medical Billing and Coding Outsourcing Services: The Changing Paradigm

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 categorize the exchange for the insurance provider. The process ends with a reimbursement, either …

ICD -10 is here. Are you ready?

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 …

What is HIPAA 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 …

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

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 a daunting task. Efficient cash flow not …

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.

Vee Technologies Countdown: 5010 Conversion Deadline In 108 Days

Vee Technologies is a global BPO and strategic services company specialized in the Healthcare, Insurance, Logistics, Legal, Finance & Accounting, Media Monitoring and Engineering sectors. With offices in New York and India, Vee Technologies has over a decade of proven experience in delivering result-oriented, world-class solutions for clients across the globe. Vee is committed to customer satisfaction and excels at developing reliable and scalable solutions for essential business processes.