Tag Archives for Healthcare Costs

Back to the Healthcare Future

Loing Back at Healthcare Spending and Forward to Wellness Initiatives It’s no secret that healthcare costs have skyrocketed over the years. Since 1950 the US healthcare costs have increased 274 times. It is vital to know what to lo for in healthcare and where it’s all coming from. Take a trip back to the healthcare future with us and check out our latest infographic provided by our friend Ms. Louann Fadrik with Humanrescoursesmba.net to see healthcare’s past spending and its Continue Reading

Filed Under: Medical Billing and Coding Topics

Comparing Patients of Healthcare Providers to Retail Customers

Customer Experiences with your Healthcare Provider When a patient comes into a healthcare provider’s office they have high expectations.  Price is not their number one factor, only 8% of people say healthcare costs matters than personal experience. A patient will than likely recommend their healthcare provider if their personal experience in the office is above satisfactory. The smallest courtesy of handing a patient a ed summary of their visit as they leave has 88% of patients saying they will Continue Reading

Filed Under: Medical Billing and Coding Topics

Why Do Doctor Bills Vary Widely?

The Primary Goal of Healthcare Reform is Cost Containment Guest Post by Holly DeMuro, CPC Healthcare costs in the United States have skyrocketed in recent decades. Recently, the Huffington Post ran an article discussing major disparities in the cost of simple procedures like an appendectomy. These dramatic differences in costs have many people scratching their heads asking how it is possible that fees can vary so dramatically for the same procedure. While the Huffington Post article was referring to hospital Continue Reading

Filed Under: Medical Billing and Coding Topics

Capture Billing Combats Health Insurance Companies That Pay 1 of 5 Claims Wrong

Capture Billing helps physicians and healthcare facilities get paid correctly with proper coding, claims submission and insurance follow-up. Washington, DC (Vocus) June 16, 2010 – The American Medical Association AMA has come out with a report stating that one in five medical claims submitted to health insurance companies are processed inaccurately which leaves physicians and other healthcare providers receiving lower or no reimbursements for services provided. The AMA estimates that up to $15.5 billion in unnecessary administrative costs could be saved Continue Reading

Filed Under: Press Release

Health Insurance Companies Process 1 in 5 Claims Wrong

Proper Medical Billing and Coding is Important for Correct Insurance Payments The American Medical Association (AMA) has come out with a report stating that one in five medical claims submitted to health insurance companies are processed inaccurately, which leaves physicians and other healthcare providers receiving lower or no reimbursements for services provided. The AMA estimates that up to $15.5 billion in unnecessary administrative costs could be saved by medical practices if insurance companies would improve their claims processing accuracy. This Continue Reading

Filed Under: Featured Medical Billing Home, Medical Billing and Coding Topics