What is Qualified Staffing? A Guide for Healthcare Providers
The caliber of your staff is fundamental to your facility’s success. Qualified staffing goes beyond merely filling positions; it’s about ensuring that every role is occupied by skilled, experienced, and compassionate individuals who meet rigorous professional and regulatory standards. Yet, according to Statista, recruiters face a major hurdle—finding qualified candidates amid increasingly limited talent pools. […]
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 […]
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 […]
How Certified Coders Can Lead AI and Automation in Healthcare
AI adoption in healthcare continues to rise, with 79% of healthcare organizations now utilizing AI technology, according to a study commissioned by Microsoft through IDC. The healthcare sector is undergoing a transformative era fueled by rapid advancements in technology, particularly AI and automation. These innovations are revolutionizing everything from patient care to administrative processes. Amid […]
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 […]
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 […]
The Impact of Telemedicine on Healthcare RCM
Technological advancements continue to reshape RCM staffing and the healthcare industry in general. With this, telemedicine is also emerging as a transformative force. According to an ASPE research report, telehealth visits skyrocketed from approximately 840,000 in 2019 to an astounding 52.7 million in 2020, demonstrating an unprecedented adoption of remote healthcare services. With its ability […]
Medical Coding in 2024: Challenges, Innovations, and Lessons Learned
Medical coding is a critical component of the healthcare industry, serving as the bridge between patient care and financial reimbursement. As we step into the year 2024, the landscape of medical coding continues to evolve, with the medical coding market forecasted to be valued at more than 29 million USD by 2027. Healthcare professionals will […]