Revenue Cycle Management

Coding to the Highest Specificity: A Path to Maximized Revenue

Medical coding

Coding is much more than a simple task of assigning codes to diagnoses and procedures – it’s an integral part of ensuring compliance, reducing denials, and maximizing reimbursements. ‘Coding to the highest specificity’ is one strategy that can significantly enhance a practice’s revenue. The American Academy of Professional Coders (AAPC) suggests that coding to the […]

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Unclaimed Claims: A Hidden Drain on Healthcare Revenue

Revenue Cycle Management

The financial stability of a healthcare practice largely depends on effective revenue cycle management, with medical billing playing a pivotal role. Unfortunately, revenue leakage due to unclaimed or inadequately processed medical claims can significantly impact a practice’s income. A study by Change Healthcare indicated that an astounding $262 billion worth of hospital bills were initially

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