In an ideal world, bills would go out promptly and payments would return immediately. In reality, patient accounts sometimes go unpaid. But given that you often work and live in community with your patients, it’s important to maintain solid relationships with them. Sometimes sending accounts to collections is the only means of obtaining payment for [...]
Category Archives: Medical Billing
The True Cost of Medical Billing (Infographic)
- 18
- Feb
Have you taken the time to analyze what medical billing is really costing you? The true cost of in-house medical billing might surprise you. In an effort to help your practice eliminate unnecessary expenses, we’ve put together an infographic to break down where billing monies are often wasted, and how to prevent such waste in your practice. [...]
No Red Flags: Filing Neat, Complete, and Accurate Insurance Claims
- 22
- Jan
In our previous blog post, we outlined several simple steps you can take to streamline the daily flow of your office so it operates like a well-oiled machine. Through customer-focused service, open communication regarding office policies, immediate insurance verification, and daily cash flow monitoring, you can significantly increase the efficiency of your front office. After [...]
10 Key Traits of a Medical Billing Partner
- 06
- Aug
Once upon a time, in the late eighties, a few “How to make money” magazines espoused medical billing as a great cottage industry. Unfortunately, that is exactly the perception many physicians have of the industry today. I guess, rightly so, because there are still a number of mom and pop medical billing operations out there [...]
AMA Pushes For Further Two-Year Deadline Delay on ICD-10
- 15
- May
The American Medical Association (AMA) has announced that it would like the Centers for Medicare and Medicaid Services to push back the deadline for ICD-10 to “at least” October 1, 2015, reports a letter sent to acting administrator Marilyn Tavenner early last week.”A year’s delay does not provide CMS with adequate time to fully examine [...]
CRT Medical Systems Voted Top Place To Work
- 14
- May
The Detroit Free Press has named CRT Medical Systems, Inc. on its “Top Workplaces 2011” list of the best places to work in the State of Michigan. The Free Press, in conjunction with its research partner Workplace Dynamics, followed a strict survey and interview process to determine the list, from more than 1,000 nominated companies. CRT [...]
CRT Medical Systems Featured in Daily Healthcare E-Papers
- 08
- May
As we constantly strive to provide our audience with genuine quality content, we are proud to have had our work featured in some daily healthcare and healthcare IT newspapers. Our medical billing services industry updates and medical billing related articles were featured in The Healthcare IT Daily, McCoy’s Medical Practice News, and twice in [...]
Why Are Healthcare Costs So High?
- 07
- May
With the gradual yearly inflation of healthcare costs, who is to blame? According to a recent report from the Commonwealth Fund, the high costs are to be blamed on technology used in the USA as well as the high prices associated. One of the biggest drivers of the high healthcare costs is the current over-use [...]
ICD-10 Delayed Again
- 04
- May
So, what are you waiting for? Part one of a three part series. Over the past six months we have regularly written about the changes about to take place in healthcare. Now, 2012 is here and the first of those changes, 5010 should be implemented by all medical practices. This is a mandatory first step [...]
Are Doctors Underpaid?
- 03
- May
As a practicing physician, do you consider yourself underpaid? Well according to Medscape’s recent survey on Physician Compensation, nearly half of all doctors consider themselves underpaid. Medscape surveyed 25,000 physicians from 25 various speciality areas and reported the average salaries of these specialities back in 2011: Pediatrics — $156,000 Psychiatry — $170,000 Obstetrics/Gynecology [...]
