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Showing posts from April, 2019

7 Telehealth Billing Best Practices

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Telehealth, which refers to the provision of healthcare services remotely using telecommunication technologies (e.g., voice or video calls,) has become increasingly popular thanks to  benefits  such as: Improved access to care, especially for patients in remote areas or who require specialized care. Cost efficiency, particularly for the management of chronic conditions. Improved service quality, better outcomes, and higher patient satisfaction. As patient demand is rising, more healthcare providers are offering telemedicine services. If you’re offering telehealth services at your facility, there are a few things you need to know when setting up the telehealth billing process so you can deliver the best patient experience while avoiding errors and misunderstandings. Here are seven best practices for telehealth billing recommended by the American Academy of Pediatrics (AAP): 1. Keep Detailed Records You should have accurate documentation of each patient encounter, including the required

How Your Medical Practice Can Benefit from Price Transparency

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5 reasons why publicizing your rates can help attract more patients and reduce costs The  hospital price transparency rule  took effect on January 1, 2019. Under this regulation, all hospitals need to publicize their rates for every service and item by posting price listing online in machine-readable formats. The price transparency rule is designed to help patients understand their potential financial liability (e.g., out-of-pocket charges) when seeking services or treatments from hospitals and provide the resources so they can compare charges. This new rule also empowers patients to take better control of their medical expenses when shopping for care so they can maximize the value of high-deductible plans and health savings accounts. Some providers are nervous about posting their prices online, which is understandable in today’s competitive healthcare industry. However, besides empowering patients, this new rule on price transparency can also benefit healthcare providers