How to Address Skill Gaps in Medical Billing with MedCore
Medical billing is the backbone of your practice’s financial health. It ensures that healthcare providers are compensated accurately and on time for the critical services they deliver. Yet, the complexities of the billing process—combined with constantly shifting regulations—are creating significant challenges for healthcare providers. According to the National Institutes of Health, 5% to 10% of […]
Mental Wellness Strategies for Your Remote Healthcare Team
Interest in in-office work dropped by 24%, according to the State of Remote Work 2022 report by Owl Labs. With A-Players considering working from home full-time, remote work becomes increasingly common in big industries including healthcare. However, organizations face a new challenge: supporting the mental wellness of their remote teams. While remote work offers flexibility, […]
Key Insights on CMS’s Interoperability and Prior Authorization Final Rule
A survey by the American Medical Association (AMA) found that 93% of physicians reported care delays due to prior authorization requirements. In response to these common challenges in prior authorization, the Centers for Medicare & Medicaid Services (CMS) have taken a significant step toward improving healthcare efficiency and patient care. A finalization of the Interoperability […]
Solving the Shortage of Nursing Assistants with MedCore Solutions
The healthcare industry is grappling with a significant challenge: an escalating shortage of nursing assistants. Mercer forecasts a staggering shortfall of 73,000 nursing assistants by 2028, driven by increasing demand as the population ages and healthcare needs surge. The role of nursing assistants has never been more essential. Nursing assistants are the backbone of patient […]
The Hidden Costs of Physician Administrative Burden
Physicians face an increasing array of administrative tasks that extend far beyond patient care. In fact, according to a study published in Annals of Internal Medicine, physicians spend nearly two hours on administrative tasks for every hour they spend with patients. Whether it’s filling out insurance forms, managing electronic health records (EHRs), or complying with […]
Reducing Administrative Burden with Remote Surgery Schedulers
Hospitals, clinics, and surgical centers are constantly striving to improve efficiency while providing quality patient care. However, one of the most significant challenges healthcare providers face is managing the increasing administrative burden that comes with scheduling surgeries. According to a survey, the average physician spends 8.7 hours per week, or 16.6% of their working hours, […]
Prior Authorization Pitfalls and How to Avoid Them
Navigating the complexities of prior authorization in healthcare can feel like walking through a maze. For many healthcare providers, the prior authorization process is a critical yet challenging component of patient care. In fact, the American Medical Association (AMA) reports that prior authorization contributes to physician burnout, with 95% of physicians indicating that it somewhat […]
Remote Medical Billers: A Smart Solution for Growing Practices
Efficiency and cost-effectiveness are now more crucial than ever for healthcare practices of all sizes, especially when it comes to medical billing. In a 2022 report by MGMA, practice leaders most frequently highlighted improved operations as a major benefit of delegating their billing functions to specialized billing service providers. For growing practices, managing billing in-house […]
Cut Costs and Boost Quality with Remote Medical Transcription
Reducing costs while enhancing quality remains a top priority for healthcare providers, and one increasingly popular solution is remote medical transcription services. Remote medical transcription offers a dual advantage. It helps healthcare facilities save on costs while improving the accuracy and efficiency of patient documentation. With an average of 9,600 job openings for medical transcriptionists […]
Compliance and Ethical Considerations in Healthcare Collections
Healthcare providers face severe penalties for non-compliance with regulations, with HIPAA violations alone carrying fines of up to $50,000 per incident. Navigating healthcare collections is a delicate and complex task. It requires a careful balance between recovering outstanding payments and preserving the trust and well-being of patients. In an industry where compassion and care are […]