Archive for November, 2013

How Medical Debt Can Impact Your Credit Score

Posted on: November 27th, 2013

Medical debt is a very common problem in America. As many as one in six credit reports contain some kind of medical debt collection, and medical debt collections comprise as many as half of all debt collections. While it can be very easy to let bills become overdue, medical financial obligations should always be met […]

Obama’s Updated Health Care Pledge

Posted on: November 22nd, 2013

Recently, President Obama issued an apology to the American people for what he admits was a lapse in what he promised to deliver with his health care plan, the Affordable Care Act. The widespread act, which attempts to help reform health care and health insurance in a way that makes medical services more affordable and […]

Can Switching To An Electronic Records System Save Your Practice?

Posted on: November 22nd, 2013

Do you feel that you are constantly struggling to stay on top of your workload? Are you frustrated that you do not have more time to spend on your patients? Most physicians feel at one time or another that they are swimming in tasks, but if your practice is still using physical records, you may […]

HFMA Has Announced Best Practices For Medical Bill Communication

Posted on: November 20th, 2013

HFMA recently announced new guidelines for conversing with patients in regard to the financial logistics of their case. HFMA president and CEO Joseph J. Fifer explained that these guidelines have become particularly necessary in a time when billing has become more complex as many bills contain information from multiple billers and payers. Further, the reality […]

How ICD-10 Can Help Your Medical Practice

Posted on: November 18th, 2013

As physicians and billing specialist prepare to transition to ICD-10 coding, many offices have questions about the ways in which their reporting procedures will change once they have completed the move to International Classification of Diseases – 10th Revision. The new coding system is notable in the fact that it contains a far greater number […]

The Medical Debt Responsibility Act

Posted on: November 15th, 2013

The Medical Debt Responsibility Act, which has most recently been championed by Senator Jeff Merkley of Oregon and Representative Maxine Waters of California, appears to be very close to dead, according to many sources. The bill, which has for three years attempted to pass in Congress, seeks to minimize the impact of medical debt on […]

Healthcare.gov Site Plagued With Problems

Posted on: November 12th, 2013

The Affordable Care Act, which includes provisions to make health care more affordable and accessible to millions of Americans who are currently uninsured or under-insured due to prohibitive costs associated with insurance premiums or denial based on pre-existing conditions, has demonstrated lackluster numbers in terms of enrollment, according to recent data released by administration officials. […]

What Is The Access to Recovery Program?

Posted on: November 12th, 2013

In recent years, many programs have been launched which are designed to make recovery programs more accessible to patients at all income levels who are struggling with addiction. One of these programs is the Access to Recovery grant, which was implemented in 2010. But what exactly is the Access to Recovery program? Access to Recovery […]

Medical Billing Infographic

Posted on: November 11th, 2013

Medical Billing Infographic Guide When you think about your medical bill or the entire healthcare process in general, you might find yourself confused, intimidated and even helpless. All the numbers you see aren’t just there to give you a headache; what you see are medical codes that correspond specifically to any health or medical related […]