Your weekly dose of wisdom from the Physicians Practice experts.
With all the useful information available on Physicians Practice, it is easy to become overwhelmed.
With this in mind, the tip of the week is a chance to reflect on some of the wisdom found all across the site. In this May 2024 story on how automated coding can boost your practice's reimbursement, Austin Ward gives this tip:
Reduces workforce shortage issues
There’s a chronic shortage of coders today. This issue has driven up costs and overtime, hurting your bottom line. From a reimbursement-capture perspective, the workforce shortage puts stress on your coding staff, contributing to errors and chart backlogs. These problems slow down the pace at which you can capture reimbursement and complete the revenue cycle.
Click here to read the rest of the article and be sure to check back next week for another Tip of the Week!
How AI billing delivers precision, compliance, and savings
November 26th 2024For healthcare providers, executives, and decision-makers, embracing AI in claims processing is not just a step toward improved financial outcomes—it’s an ethical commitment to better care and a more patient-centered approach to service delivery.