Healthcare EDI – Importance and Benefits

Healthcare EDI (Electronic Data Interchange) has been used for decades. Payers use healthcare EDI to determine healthcare coverage and verify benefits. EDI is as important as several other data exchange formats in the healthcare industry. Healthcare EDI has transformed the healthcare industry, manufacturing, and supply chain.

So what is healthcare EDI?
Healthcare EDI is a way for healthcare organizations to exchange data to and from external systems and entities. Instead of preparing such data manually and risking...

Is Revenue Cycle Management Software A Mandate For Healthcare Providers?

Revenue cycle management is a two-way process offering providers with seamless reimbursements and patients prompt care. It is eminent for any healthcare entity and should be streamlined using the best digital tools of the technical world.

What is revenue cycle management?
The process includes conceptualizing a strategy to manage the healthcare revenue cycle clinical and administrative functions. It conjures several terms such as appointments, invalid deductions, billing systems, remote patient care, patient data, and much more when related to healthcare providers. Starting from a single call for the appointment, the cycle revolves around certain steps and concludes when the payments have been closed for the treatment. The main goal of managing revenue is to identify any loopholes in the entire cycle. When done properly, revenue cycle management can help maximize claims and enhance return on investment.

Source:

https://www.osplabs.com/medical-billing-solutions/revenue-cycle-management-software/

The Transformative Effect of Healthcare Software Development

Digitization has revolutionized the way we work and organize. It has accelerated the pace of operations across every industry. When it comes to healthcare, software has digitized many workflows in clinical activities, research, as well as patient engagement. The growth of healthcare software development has ushered in waves of innovative applications that have helped clinicians deliver better care and for patients to have a good medical experience.

Gone are the days of doing things...

Healthcare Automation Can Improve Patient Engagement

Healthcare usually involves patients going to a doctor for consultations, the doctor examining them, and finally prescribing treatment. In the midst of the clinical visit, the patients generally ask some questions about their condition, which the doctor answers. After the consultation, the patients leave the clinic and go their way. In other words, this type of care has a uni-directional flow where the doctors speak and the patients listen. But real care begins after the...

What Medical Coding Solutions Can Do For Your Organization

It’s no secret that healthcare in the United States is the most complicated healthcare system in the world. It contains many layers of complex regulation to govern a web of activities amongst clinicians and insurance payers. The complexity is one of the major reasons thought to be responsible for the high cost of healthcare in America.

When a patient walks into a healthcare facility, his or her visit is bound to result...