Medical Billing Blog

Stay up to date with the latest revenue cycle news, trends, and policies.

Blog Posts Relating to:

Full-Service Billing



Medical Billing Rates – What Prices to Expect for Specific Billing Services

November 28, 2018

The most common question medical billing companies hear is:

“What are your prices?”

 
medical billing prices
 

It’s a perfectly reasonable question. Price is a major factor in any business decision. Plus, medical billing company prices aren’t exactly readily available. And when rates are listed, the’re often vague or misleading.

In this article, we’ll attempt to clear up some of the confusion surrounding medical billing service rates. We’ll also give you an idea of what specific services to expect for a given price, along with the factors that go into determining that price.

 

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MIPS Participation Guide for 2018

October 16, 2018

 

The purpose of this post is to walk you everything you need to know in order to successfully participate in MIPS for the 2018 performance year. Whether you’re relatively fluent in MIPS or a complete beginner, we hope you’ll leave with a general understanding of the MIPS system and what’s required of you.

If you’re completely new to MIPS, check out the following links before reading the remainder of this article.

  1. Our MIPS Page: Contains a general explanation of MIPS, along with information about who must participate in 2018, the evaluation criteria (Performance Categories), and Reporting Options for providers
  2. MIPS 2018 Overview and Assistance: A blog post containing information about MIPS 2018 eligibility, exemptions, and logistics

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How to Find and Choose the Best Medical Billing Company Online

October 12, 2017

Here at Valletta, we constantly strive to meet the true needs of medical providers. While not every provider shares the same set of needs, there are a few basic factors that most clinicians agree are essential to a successful billing program. To name a few:

  • Collect maximum fair reimbursement
  • Get rid of mistakes and inefficiencies
  • Have smooth, timely patient payments (and payer reimbursement)
  • Receive clear revenue cycle data for proper business evaluation
  • Receive informed, responsive customer service from biller
  • Be able to customize billing services to address specific needs

While there are many other factors to competent billing, most physicians share these common goals. The difficult part is figuring out how to achieve them. For those looking to outsource their revenue cycle, researching billing companies online can be a pain. How do you know if a specific company is capable or trustworthy? In the following paragraphs, we provide some tips to help you more successfully distinguish between the various types of RCM companies online.

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Why Providers Need a Full-Service Medical Billing Company

July 23, 2016

In a consistently evolving medical industry, healthcare providers must stay vigilant in their medical billing cycle. Whether it’s new systems, regulations, or industry standards, any number of things can affect physicians’ operations and finances. If physicians don’t stay attentive and adapt when necessary, the effects can be severe.

But with the many priorities healthcare professionals have, like patient care and CME, physicians often don’t have time to stay up to date on the healthcare and revenue cycle management (RCM) business. And nowadays, medical practice staff often doesn’t have the time or the expertise to do it either. That is why it’s more critical than ever for physicians to hire a medical billing company that will take care of these aspects of the business for them.

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