Top Qualities to Look for in a Medical Collections Specialist
The role of a medical collections specialist is pivotal in the healthcare industry, especially now that approximately 25% of nonprofit hospitals in the United States are currently operating with negative margins. Medical Collections Specialists ensure that healthcare providers receive timely payments for their services, which in turn, sustains the financial health of medical facilities. Finding […]
How to Balance Compassion and Collection Efficiency
Balancing compassion and collection efficiency in healthcare is a challenging yet essential task. On one hand, healthcare providers must ensure their financial stability by collecting payments for services rendered. On the other hand, they must approach this process with empathy, as one in ten adults in the U.S. have significant medical debt, according to a […]
Boost Efficiency: Must-Have Tools for Remote Medical Billing
Remote work is becoming an increasingly popular option in medical billing, with the healthcare industry being one of the top industries for remote workers in 2024. As healthcare providers and billing professionals adapt to this shift, having the right tools is crucial for maintaining efficiency and accuracy. In this blog, we’ll explore essential tools that […]
Unlock Savings and Boost Efficiency with Remote Healthcare Staff
In the healthcare industry, the need for innovative solutions to tackle rising costs and efficiency demands is more urgent than ever. One such innovation is the integration of remote healthcare staff. A study by the AMA found that 79% of patients were very satisfied with the care they received during their most recent telehealth visit, […]
How Medical Coders Combat Healthcare Fraud
Healthcare fraud is an issue that undermines the integrity of healthcare systems worldwide, costing billions of dollars annually. In fact, according to the NHCAA, scams designed to burden individuals and insurance companies with fraudulent and illegal medical charges result in over $54 billion in losses annually. While many are familiar with the roles of physicians, […]
MedCore Solutions: Solving the Shortage of Expert Medical Coders
Studies reveal a 30% shortage in medical coders nationwide. As healthcare organizations accelerate their growth strategies, the demand for skilled coders has never been higher too. Furthermore, medical coders play a crucial role in the healthcare system. They translate patient care into universal medical alphanumeric codes. Moreover, this coding is essential for billing, record-keeping, and […]
10 Critical Mistakes Virtual Scribes Must Avoid
Without a doubt, medical scribing has become an integral part of modern healthcare, offering significant benefits such as improved documentation accuracy and enhanced physician efficiency. Before being assigned a scribe, 70.3% of physicians in a study reported experiencing burnout according to the Mini-Z single-item burnout measure. After using scribes, burnout among physicians decreased from 70.3% […]
Proven Tips for Adding Remote Medical Scribes to Your Team
The role of medical scribes in healthcare has become indispensable. Remote medical scribes offer many benefits, such as reducing the administrative burden on healthcare providers, enhancing workflow efficiency, and improving patient care quality. Moreover, they also boost ROI. In fact, Becker’s Hospital Review reported that implementing medical scribes in the emergency department led to a […]
Cost-Effective Healthcare Staffing Solutions with MedCore
In healthcare, the efficiency and quality of patient care hinge significantly on the skill and availability of your staff. Yet, the traditional hiring processes are complex. Additionally, there’s a pressing nationwide shortage of medical professionals. For instance, the American Hospital Association’s fact sheet states that to address growing healthcare demands and to compensate for nurses […]
Efficient Workflow with Remote Medical Transcription: Tips & Tricks
With the rise of remote healthcare, the demand for precise and punctual medical transcription has also surged. Vantage Market Research projects the medical transcription market to reach $5.11 billion by 2028, underlining the sector’s rapid expansion. Concurrently, medical transcriptionists adapt to virtual processes to uphold effortless documentation processes. In this blog, we delve into the […]