What are Modifiers in Medical Coding and Billing?
In medical coding and billing, modifiers play a significant role in providing additional information about a procedure or service rendered to a patient. Modifiers in medical coding are two-character codes that are added to a Current Procedural Terminology (CPT) code or Healthcare Common Procedure Coding System (HCPCS) code to provide further clarification or specificity. These […]
The 5 Essential Attributes of AI Medical Coding Companies
Are you looking for reliable AI medical coding companies? You are at the right place! In this blog post, we will explore five key attributes that distinguish the leading AI medical coding companies, revolutionizing the way healthcare organizations manage their coding processes. In the rapidly evolving world of healthcare and RCM, medical coders play a […]
AUTOMATED VS. MANUAL MEDICAL CODING
In the fast-paced world of healthcare, efficient and accurate coding is crucial for proper reimbursement, streamlined operations, and effective data analysis. Traditionally, medical coding has been performed manually by highly skilled professionals. However, with advances in technology, automated medical coding has emerged as a potential game-changer. Let us explore the advantages and challenges of manual […]
What is Deep Learning in Medical Coding?
Deep learning is a subfield of machine learning that uses artificial neural networks to learn and extract meaningful patterns and features from large amounts of data. Deep learning algorithms learn from large amounts of labeled data. These algorithms are capable of processing vast amounts of information and can identify intricate patterns that may not be […]
How is AI Quickly Taking Medical Coding to the Next Level?
Do you know that around 30% of healthcare institutions and ambulatory surgery centers (ASCs) still use a manual medical coding approach? Yes, that’s astonishing, especially in today’s AI-driven world. No wonder, the hospital claim denial rates are spiking up, with the most recent increase being 23 percent in 2020. There are several medical coders still stuck with outdated and inefficient […]
ASC Coding Simplified for Healthcare Providers
In the ever-evolving healthcare industry, Ambulatory Surgical Centers (ASCs) play a crucial role in providing efficient and cost-effective surgical care. ASC coding, the process of translating medical procedures and diagnoses into universal codes for billing and reimbursement purposes, is a vital aspect of ASC operations. However, this task can be complex and time-consuming, often prone […]
Top 3 trends in the Medical coding industry you need to know right now
Covid-19 brought about a 360-degree change in the medical coding industry. Hospital administrators are having a difficult time managing and accommodating the changes. Medical coding space is one department to see a massive transformation – a higher number of charts, new codes, and digitization- all happening at the same time. All of these, point to […]
5 Tricks to Increase Healthcare Revenue Cycle Productivity
Did you know that 33% of healthcare centers in the US are operating on negative margins? One of the major reasons for the poor performance is a delayed medical coding process in the healthcare revenue cycle. This blog discusses the five best ways for healthcare providers and revenue cycle management companies to increase productivity in healthcare […]
Medical Coding Automation Empowers the Revenue Cycle Process
A few years ago, medical coding automation tools were a dream for many medical coders. With the arrival of every patient’s record, a medical coder had to review data on diagnoses, procedures, treatments, and browse through all the resources to choose appropriate codes. These records often were partial or had information missing and were not […]
Maximizing Efficiency in Medical Coding with AI Solutions
The dot com boom of the 19th century solved many problems in the 1990s. We are in a similar era in 2023, where not dot com but AI seems to be a possible solution to all our worries. The medical coding industry is no different. AI is solving the medical coding industry’s biggest problem – […]
