Medical-news

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Benefits of outsourcing hospital dme billing

By | August 19th, 2017|Medical News|

Outsourcing of hospital billing facilitates a smart solution for your hospital billing requirements, helping you organize the entire billing and collection process at a fraction of your current operating costs. If you want to make the hospital’s workload a bit lighter, it’s a good idea to consider outsourcing your billing. Medical billing and coding is a demanding time consuming task regardless of the size of your hospital. Hiring Professional billing services can save your time but money and legal headaches as well. Errors of traditional medical billing: It is estimated that around 80% of the medical bills contain errors. Insurance companies are very strict on correct medical billing and coding practices, and even [...]

Inventory Control software is important in hospitals

By | July 31st, 2017|Medical News|

Inventory is one of the largest expenses for any medical operation. And having the right inventory can mean the difference between life and death. When people’s lives are at stake and medical costs are rising, inventory tracking can have dramatic effects. Inventory is playing an increasingly important role in financial viability of procedurally based medical practitioners, clinics, and hospitals.  This occurs because hospitals and these healthcare entities maintain, dispense, and use durable medical equipment DME Billing more abundantly than ever before. Following are the advantages of inventory management in hospitals: Surgical instruments represent a large investment for most healthcare organizations. We are familiar with the small, stainless steel surgical instruments found in dentists’ [...]

Key features of a medical billing software

By | July 25th, 2017|Medical News|

Software designed to handle time and billing tracking as well as invoicing for services and products is billing software. Billing software can track the hours worked by employees as well as expenses associated with projects and clients. Medical billing software enables all of the scheduling and patient billing information available in real time, in one place. Physicians no longer spend valuable administrative time looking for records and retrieving past-patients medical records from off-site storage facilities. Medical billing software can save money by avoiding claim denials and avoid the possibility of submitting incorrectly formatted claims. Following are the key features of medical billing software: It has a home page and workflow dashboard which allows you to [...]

Medical Payment Provides a lot more Conveniences than Ever Before

By | July 4th, 2017|Blog, Medical News|

According to current released research study reports the demand is anticipated to cause rapid growth of the medical billing outsourcing market. Many doctors are relocating from in-house DME management software, program, to the outsourced one with some functional and reasonable factors. The main factor behind this outsourcing is constant en various changes in clinical sector in past couple of years, from the introduction of Affordable Care Act to the execution of ICD-10 regulations. Physicians are discovering it tough to stay on top of the altering and also upgraded guideline especially the one related with Medical Billing as well as Coding. In addition to this various other reasons’s that cover the checklist consists of: [...]

Bag Big Orders with DME Billing Services

By | June 13th, 2017|Blog|

Durable medical equipment or DME is medical equipment designed to be used in homes by non-Medical  billing Software professionals on a regular basis. It is a term of art used in Medicare and insurance plan wording. Well DME is not confined by any particular disease state, function, or any particular type of assistance. DME must be: Be durable that is, long-lasting and able to withstand repeated use Serve a medical function , that is must not normally be used by someone who is not sick or injured Designed for use in the home setting DME Billing system provides the clients with highly secure facilities to check their current DME billing information. Clients can log in and [...]

Importance Inventory Management for a Medical

By | May 17th, 2017|Medical News|

Powerful inventory management software takes care of your inventory, purchases, sales orders, payments and fulfillment. It protects your company from potential damage. Inventory management is important for every business type whether a medical company or any departmental store. Medical equipment manufacturers rely on healthcare inventory management software to support inventory planning of time-sensitive and industry-regulated medical products which includes hospital beds, dental chairs and medical exam tables, medical storage cabinets, medical dispensing machines and x-ray equipment. The benefits of Inventory Management System includes: Updated Records with details With Inventory Management Software one can monitor the changes made in record and which user made the changes. It helps in keeping the record up-to-date as well as [...]

Exhibition for DME Billing Companies

By | May 3rd, 2017|Blog|

Exhibitions are valuable for every business be it a Real-estate business or a medical field related. It allows face-to-face communication and offers opportunities for networking and aware you with deep knowledge of market resources. Every year, Meditate organize an exhibition in which all the top notch DME medical billing software companies participates. This year the event will be on October 23-26, 2017. The exhibition results to be the best one for all the providers and suppliers as it gives an open field to interact with the experts of the industry. The professionals present in the exhibitions have the skill and experience to craft a plan to meet all your billing and reimbursement needs. [...]

All About Managing Medical Billing Software

By | May 3rd, 2017|Blog|

The rules and terms that will help you ensure that your medical billing is being managed accurately and you need not worry about the management. Proper Documentation: DME Billing becomes inaccurate if codes are not properly documented. Each and every information such as from administering physician to the vital signs and ongoing monitoring notes – everything must be documented. Medical Restrictions: If Medicare fails to cover certain procedures, the patient needs to be informed right away and presented with options so as not to cause any delay in treatment. Patients should be fully educated about the medical restrictions. Summarizing the Bill: If vital information goes missing, Electronic health record software helps prevent delays [...]

Strategies to Improve patient flow control software

By | May 3rd, 2017|Blog|

By improving patient flow, a hospital can save money on staffing; decreases wait times, boost patient and provider satisfaction and can be ready for the busiest day of the year. Patient flow software helps hospital collect and analyse historical data, improve throughput. Use data to predict patterns. Flow Control software collects and analyses data, which improves the hospital's ability to predict staffing needs, patient volume and other trends. There is some predictability. The ability to predict staffing levels on a particular day saves the hospital money by reducing staffing waste and decreases patient wait time by assigning the correct number of providers to the predicted volume. Mondays are called 'ER Mondays' all over the country. [...]

Advantages of Medical Inventory Control Solutions

By | May 2nd, 2017|Blog|

How often you track and check your inventory and how accurate are the counts of your medical inventory against the medical devices and items in your warehouse stock? The miscounted inventory could result in a costly misrepresentation in the accounting system. Counting inventory by a human labour is an intensive and costly task. Moreover, humans are also prone to error, error while counting, or while maintaining the data may result in detrimental errors that cascade throughout the entire warehouse process. Every time an item is scanned into the inventory management program, the complete detailed information about the item is stored in the system such as expiration date and composition. The expiration date data [...]