EMS & Ambulance Agencies are now seamlessly transferring data they collected for medical transportation through a standard format called NEMSIS which is supported by most of the ePCR Solutions. EMS & Ambulance Billing can be streamlined using NEMSIS where some billing software can convert NEMSIS data to a standard claim data needed by payer for reimbursement.
A primary question faced by almost all practices is should they outsource their medical billing or keep it in-house. The right answer to this predicament will differ from practice to practice, and it will be established on several factors, including finance, size of the workplace, knowledge and age of the business. Therefore, to come to the right decision it is required to assess your practice’s finance, volume metrics and staffing.
Health care reform, bad debt, and regulatory changes are all having an impact on the revenue cycle, as the health care industry is evolving at a breakneck speed. To overcome these challenges, we have to adapt strategies for a revenue optimization program that can offer a confirmed method to maximize revenue and implement practices that boost profits.