The Importance of Hiring a Licensed Medical Contract Coder

The American Association of Professional Coders (AAPC) is America’s largest medical coding training and credentialing organization for healthcare contract coders.Today, we’re explaining the importance of hiring a licensed medical contract coder for your organization. Affordable Coding Without Compromising on Quality Sometimes, outsourcing a job to a remote worker leads to issues with quality or security.Medical […]

7 Advantages of Hiring a Case Management Service Provider

A good case management service providers in Healthcare, optimizes multiple aspects of your operation. Today, we’re highlighting some of the most important advantages of hiring a case management service provider in Healthcare. Improved Processes at Every Stage The first and most important benefit of a case management service is that it improves processes at every […]

Unique Strategies Today’s Top Medical Organizations Use to Maximize Revenue

Smart medical organizations do everything in their power to maximize revenue – from implementing new technologies to minimizing unnecessary costs.Today, we’re highlighting some of the unique strategies America’s top healthcare organizations are using to maximize revenue by Revenue Cycle Management Consulting Services They Get E/M Coding Right The evaluation and management (E/M) patient visit is […]

How Does Medical Coding Work? What Does a Medical Coder Do?

Medical coding is an in-demand profession at healthcare organizations across the country. Despite the surging demand for medical coders, however, many people do not understand how medical coding works.Today, we’re explaining what medical coding is, how it works, and how a medical coder adds value to an organization. What is Medical Coding? Medical coding traces […]

Top 5 Ways a Healthcare Revenue Cycle Consulting Service Can Boost your Bottom Line

Today’s leading healthcare organizations rely on healthcare revenue cycle consulting services to be successful.How can a consulting service like HMI Corp boost your organization’s bottom line? Today, we’re highlighting some of the ways healthcare consulting services can enhance your organization’s revenue. Intelligent Security Auditing The security of a healthcare organization is paramount. Security audits can […]

How Healthcare Revenue Cycle Consulting Services Help Maintain Compliance

With today’s complex regulatory requirements, compliance is more important than ever for healthcare organizations.That’s why leading healthcare organizations hire healthcare revenue cycle consulting services to help maintain compliance.Today, we’re explaining how healthcare revenue cycle consulting services like HMI Corp. help organizations maintain compliance at every level of a healthcare organization. What is Healthcare Compliance? Compliance means meeting […]

The Best Strategies Small, Rural Hospitals Are Using to Survive

Millions of Americans depend on small, rural hospitals for healthcare. Unfortunately, due to several challenges, many of these small hospitals are struggling to survive.Between 2010 and 2014, 47 rural hospitals across America stopped providing inpatient services, according to a report by the Rural Health Research Gateway. An additional 673 rural hospitals are at-risk for closure.Today’s climate may […]

What’s Involved in a Revenue Cycle Assessment? How Do Revenue Cycle Experts Maximize Medical Profits?

A good revenue cycle assessment will help your organization become more profitable.But what’s involved in a revenue cycle assessment? How can revenue cycle experts maximize medical profits? What actionable steps will revenue cycle assessment experts help you implement? Today, we’re explaining everything you need to know about what’s involved in a revenue cycle assessment. Areas […]

10 Benefits of Remote Revenue Cycle Management Programs

The remote revenue cycle management industry has been booming in recent years. A growing number of healthcare organizations are making the switch.Should your organization make the switch to a remote revenue cycle management (RCM) program? These third party service providers make big promises – but do they actually live up to these promises?Today, we’re exploring […]

Revenue Cycle Management (RCM) Trends for 2020

Revenue cycle management has experienced ups and downs in recent years. What lies ahead for revenue cycle management?Last year, we saw the continued rise of automation and AI. We also saw battles over price transparency.Continuing the trend from previous years, we also saw healthcare organizations contend with patient expectations, government regulations, and a growing number […]

What Role Does a Hospital Chargemaster Play in Revenue Cycle Management?

The hospital charge description master, or hospital chargemaster, communicates medical bills to payers and patients.The hospital chargemaster plays a crucial role in revenue cycle management: it’s the heart of the healthcare revenue cycle. It’s the central point from which all billing gets sent to patients and insurers.Organizations that fail to maintain the chargemaster face enormous […]

Telehealth Coding and Billing During COVID-19: Tips and Guidelines

Healthcare organizations have turned to telehealth during the COVID-19 pandemic. However, some are not prepared to handle telehealth coding and billing.Demand for contract medical coding experts is surging. Companies like HMI Corp can help your organization manage complicated COVID-19-related telehealth coding. Our coding experts have proven expertise across the United States.Today, we’re highlighting some of […]

Medical Coding Tips for Managing the COVID-19 Pandemic

Demand for medical coding companies has surged in recent months. COVID-19 has revealed medical coding inefficiencies, and firms are struggling to keep up.Good medical coding companies work with healthcare organizations to solve inefficiencies and reduce errors. Effective medical coding tips helps a company avoid wastage, capture lost revenue, and reduce patient conflicts.Your healthcare organization might […]

Healthcare Revenue Cycle Management and COVID-19: Coronavirus Impact & Management Strategies

97% of America’s healthcare organizations have experienced some disruption due to COVID-19.As states re-open, healthcare organizations continue to navigate healthcare revenue cycle management. Some organizations are managing more effectively than others.COVID-19 has introduced billing and coding challenges, patient financial responsibility issues, and other problems for healthcare organizations.Today, we’re explaining strategies firms are using to manage […]

6 Ways COVID-19 Has Impacted Healthcare Revenue Cycles in America

The COVID-19 pandemic has wreaked havoc on healthcare organizations across the United States.But as some organizations are failing, others are thriving. By capitalizing on changes, and by training staff, organizations can optimize healthcare revenue cycles throughout the coronavirus pandemic.Today, we’re highlighting five ways COVID-19 has impacted healthcare revenue cycles for organizations across the United States […]

Medical Coding with Artificial Intelligence: The New Frontier of Medical Coding

Artificial intelligence has solved countless human challenges – and medical coding might be next.As organizations prepare for ICD-11, medical coding is about to become more complicated. Healthcare organizations in the United States already manage 140,000+ codes in ICD-10. With ICD-11, that number will rise.Some propose artificial intelligence as a solution. AI could aid computer-based medical […]

How Small, Rural Hospitals Can Benefit from Revenue Cycle Management Consulting

When some think of revenue cycle management, they think of larger healthcare organizations with complex needs. But healthcare organizations of any size can benefit from revenue cycle assessments.Yes, smaller hospitals can benefit from revenue cycle assessments and healthcare consulting. In fact, these assessments could have a greater proportional impact on smaller, rural hospitals.Rural hospitals need […]

ICD-11 Medical Coding: How to Prepare your Healthcare Organization for ICD-11

Healthcare organizations in the United States and around the world use the ICD-10 medical coding standard. Starting in 2022, however, organizations will switch to the ICD-11 standard.ICD-11 has four times as many codes as ICD-10. That means new challenges for healthcare providers – and new problems with missed revenue, coding errors, and denied claims.Keep reading […]

5 Ways Physicians Can Benefit from Healthcare Consulting

Most people assume healthcare consulting benefits the organization – not necessarily the physicians within that organization. However, that’s not true. Physicians can and do benefit from healthcare consulting.Physicians experience actionable improvements from healthcare consulting. These improvements can benefit the organization’s bottom line, improve patient care, and make it easier for physicians to do their job.Today, […]

4 Success Stories of Rural Hospitals Solving Modern Challenges

Rural hospitals face considerable challenges throughout the country. While some rural hospitals thrive in challenging situations, others falter.Today, we’re highlighting some of the best success stories of rural hospitals across America, including situations where ingenuity, creativity, and flexibility saved small hospitals in rural settings. Rural Hospital in Beatrice, Nebraska Specializes in Healthcare for Older Adults […]

Best Employee Training Opportunities to Enhance Organizational Revenue

Healthcare organizations have many opportunities to train employees and enhance organizational revenue.By taking advantage of these opportunities, healthcare organizations can significantly improve their bottom line.From lean healthcare workshops to continuing education programs to other professional training systems, employee training opportunities can enhance organizational revenue in various ways.Today, we’re exploring some of the best employee training […]

4 More Rural Hospital Success Stories from Small Towns Across America

Rural hospitals are closing across the country. Naysayers may say it’s the end of rural healthcare as we know it. However, many hospitals are flipping this trend on its head.America’s best rural hospitals are thriving in uncertain times by expanding care, taking advantage of telemedicine, and specializing in in-demand areas.By taking this approach, rural hospitals […]

Why Healthcare Employees Leave: And How to Attract and Retain Top Talent

Many healthcare organizations struggle to retain talent. Unfortunately, this leads to big losses.A median turnover in the emergency medical services (EMS) space costs an agency $72,000, according to Prehospital Emergency Care.Meanwhile, the average cost of a turnover for a bedside RN is $52,100, causing the average hospital to lose $4.4 million to $6.9 million. Some healthcare organizations spend […]