Sara Smith

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payer contract negotiation

Optimizing Healthcare Payer Contract Negotiations: Ensuring your Financial Health

Payor contracts are another crucial component of medical billing that is becoming increasingly essential. Building long-term relationships with payors and guaranteeing timely reimbursement for medical services depend on the establishment of efficient payor contracts. But in order to accomplish these goals, optimal practices that maximize income streams and negotiate advantageous contract conditions must be followed.…

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cpt code changes

Prepare for these CPT Code Changes in 2024

CPT codes serve as the universal language of medicine, facilitating accurate reporting and billing for medical services. The CPT codes are updated to properly represent changes in medical practices, technology, and procedures. The CPT code set is updated annually by the CPT Editorial Panel, the Centers for Medicare and Medicaid Services (CMS), and the American Medical…

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patient insurance verification

How Pre-Appointment Patient Insurance Verification Benefits your Practice

As the name shows, verification means to verify and check the validity of anything. Pre-appointment patient insurance verification benefits is the process of validating the patient insurance plan, which includes understanding additional specifics of coverage like services, treatments, and drugs as well as checking the patient policy’s active status. It also verifies patient responsibilities, including…

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lab claim denials

Navigating Lab Claim Denials: ZMB’s Tips for Successful Appeals

Nowadays denials have become the biggest challenge for healthcare organizations. This increased challenge also affects the billing of laboratory systems. There can be several reasons for this denial as studies show that 50% of hospital and independent labs may have follow-up processes that are inadequate or non-existent.  Clinical laboratory denial rates were 13.62% on average…

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reimbursement optimization

ZMB Powerful Suggestions: 5 Ways for Effective Reimbursement Optimization

Every organization wants a higher reimbursement rate and is trying to maximize revenue streams and operational efficiency. With the complexities surrounding reimbursement processes, it becomes imperative for businesses to deploy effective strategies that streamline operations while ensuring optimal financial returns. Zee Medical Billing is an experienced organization that offers powerful strategies to increase reimbursement rates,…

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