How to Train Your Staff for Accurate Medical Coding
Filing false claims can result in severe penalties, including fines of up to three times the program’s loss plus $11,000 per claim. Accuracy in coding is not just about billing—it’s about financial stability, compliance, and patient care. Accurate medical coding is the backbone of a smooth-running healthcare practice. It ensures proper billing, minimizes claim denials, and […]
Effective Recruitment & RCM Strategies for Healthcare
Staffing shortages. Financial strain. Growing patient demands. Healthcare providers are being pushed to their limits. By 2030, the World Health Organization (WHO) predicts a global shortage of 4.5 million nurses and 310,000 midwives—making it harder than ever to deliver quality patient care. On top of that, financial pressures and operational inefficiencies are making sustainability a […]
Solutions for Medical Billing: Reduce Errors, Increase Revenue
Medical billing plays a vital role in the success of any healthcare practice. When done accurately, it ensures timely payments, reduces administrative stress, and strengthens a practice’s financial health. However, billing errors, denied claims, and inefficiencies can create significant revenue losses and operational headaches. In fact, in 2024, the Centers for Medicare & Medicaid Services (CMS) […]
How Global Workforce Trends Are Reshaping Medical Coding
Medical coding is evolving rapidly as new technology, global workforce trends, and shifting healthcare demands transform the industry. One of the most significant changes is the rise of artificial intelligence (AI) in medical coding, which is streamlining processes and improving accuracy. The AI in medical coding market was valued at $2.4 billion in 2023 and […]
Reducing Physician Burnout with Quality Medical Scribe Staffing
Physician burnout is an escalating crisis in healthcare, with an increasing number of doctors experiencing stress, exhaustion, and dissatisfaction with their profession. Long hours, extensive administrative work, and ever-increasing patient loads have made it challenging for physicians to maintain a healthy work-life balance. According to a study published in Annals of Internal Medicine, physicians spend […]
The Role of Effective Hiring in Medical Collections Success
Medical collections play a crucial role in the financial health of healthcare providers. With increasing administrative burdens, complex insurance processes, and stringent compliance regulations, having a high-performing medical collections team is more important than ever. But what separates an efficient and successful medical collections department from a struggling one? The answer lies in effective hiring. Recruiting the […]
Quality Staffing Solutions for Streamlined Medical Collections
Medical collections are an essential component of a healthcare provider’s revenue cycle. Effective collections ensure that healthcare facilities receive timely payments, maintain financial stability, and continue providing high-quality patient care. However, many healthcare organizations struggle with billing inefficiencies, delayed reimbursements, and administrative burdens, all of which can disrupt cash flow and affect overall operations. One […]
Solving Healthcare Staffing Challenges with MedCore Solutions
The healthcare industry is facing a growing challenge: staffing shortages. According to the U.S. Bureau of Labor Statistics, employment for registered nurses is expected to grow by 6% from 2023 to 2033, a rate faster than the average for all occupations. This projected growth reflects the increasing demand for healthcare services driven by an aging […]
How to Manage a Global Workforce in Healthcare Collections
Data security is more critical than ever in today’s globalized healthcare landscape. According to a study by the Ponemon Institute, 54% of healthcare vendors have faced at least one data breach involving protected health information, underscoring the urgent need for robust security measures. As managing a global healthcare collections workforce becomes the norm in our […]
Filling the Talent Demand Gap with Skilled Surgery Schedulers
Healthcare providers across the nation are facing a growing challenge: a significant talent demand gap for surgery schedulers. With the surgical procedures volume market projected to reach $2.6 billion by the end of 2028, according to Transparency Market Research, the need for skilled professionals who can handle the complexities of surgical scheduling has never been […]