News

Maximize Payments and Contracts with All Payers through the ML Medical Billing Credentialing Department

Credentialing is an overlooked part of many medical practices, but it shouldn’t be. It’s a complicated and stressful service, but it builds patient trust in your practice and shows that you are properly certified, trained, and specialized. Better yet, it ensures that you’ll always be paid for the important care and service you provide to […]

4 Signs Your Practice Is Ready to Outsource Its Credentialing Services

One of the biggest challenges in running a thriving medical practice is credentialing. It’s not always an easy, straightforward process, but it’s necessary to keep your practice as smooth and updated as possible so that you not only enjoy a steady revenue stream but also continue growing and providing the gold standard medical care that […]

7 Easy Ways to Determine If You’re in Need of a Medical Billing Company

A smoother workflow means better efficiency in your practice and less stress on your staff. They’re more productive because of fewer hitches, hindrances, and hassles. In turn, your staff is more engaged and empowered, which gives them the initiative to find solutions to the problems that may come up with both your patients and the […]

Successfully Navigate ABA Insurance Laws

Applied Behavior Analysis (ABA), is recognized as the most effective therapy for autism-related deficits, leading to reform of autism insurance laws across the country. This was a victory for families affected by autism, and practitioners like you who specialize in ASD diagnosis and treatment.  It is the only evidence-based treatment method recognized by most major […]

Preparing Your Practice for New Medicare Beneficiary IDs

The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) goes into full effect in April 2019, so now is a good time to start preparing for it. Since Social Security Numbers (SSN) will no longer be a means of identifying patients, updating your physician practice management systems and processes will be imperative to keep […]

7 Ways to Make Your Practice More Patient Collection-Savvy

Obviously, collecting payments is crucial to the profitability and cash flow of your medical practice. However, due to the trend these days toward more high-deductible plans and higher co-pays, many patients are finding it difficult to pay their bills. This means your billing staff – whether you hire in-house or outsource to a professional medical […]

7 Ways to Handle Your Practice’s Denial Management

Medical claims are a major part of the profitability of your practice. It can also be a major source of revenue loss when claims are denied. Denials negatively impact operational cash flow, revenue, and efficiency. According to the American Academy of Family Physicians (AAFP), denials for physician practices are between 5 and 10 percent. To […]

How to Properly Handle Medical Billing Patient Phone Calls

Medical billers must have a comprehensive knowledge of various aspects of physician practice management. They must know billing and coding as well as explain the costs of medical treatment to a patient in person. They must also know Medicare/Medicaid regulations, HIPAA, and other complex state/federal guidelines, insurance requirements, and more. None of that compares, however, […]

How an Effective Revenue Cycle Management Benefits Your Practice

Medical billing and coding are complicated. For many medical practices, they are often overwhelming when combined with all the other responsibilities your staff has. If this process is plaguing your practice, a structured revenue cycle management (RCM) system may need to be implemented to help your practice operate more smoothly and optimize cash flow. The […]

The Basics of the ICD-10 Structure

With changes to the ICD-10 code scheduled to go into effect on October 1, 2015, it is important to understand the ICD-10 code sets that are scheduled to replace it. ICD-10 is divided into two general categories for the purposes of reporting medical diagnoses and inpatient procedures. ICD-10-CM covers coding for diagnostics across all healthcare […]

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