Remove blog category Healthcare Claims
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Impact of MIPS 2023 Reporting on it’s Four Performance Categories

p3care

MIPS performance categories are a set of evaluation criteria for eligible clinicians. As we know, these categories have varying weights assigned, contributing to the total MIPS score. Do you know what the category score distribution in MIPS 2023 is? Which Factor Results in Quality Category Scoring Points Reduction?

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What are Significant Requirements to become a QCDR in MIPS reporting?

p3care

The resources can be electronic health records, patient surveys, and claims data. Therefore, in this blog, we will be discussing the key requirements for a QCDR in MIPS reporting. All performance categories (standard MIPS, MVP reporting, and APP) for which you will submit data must meet these requirements.

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MIPS 2023 Reporting in 6 Easy Steps: Where’re You Now?

p3care

Well, without further delay, let’s just roll into today’s blog. Today’s blog is a step-by-step guide to MIPS 2023 reporting for newbies. So, the clinicians have to pick measures and activities to score high in all of these categories. Usually, the cost category is not evaluated under APP. appeared first on P3Care.

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How to Detect Frauds in Medical Billing Effectively?

p3care

Sometimes, such occasions occur because the healthcare billing services are not competent to handle them. We understand the paramount necessity of identifying and preventing healthcare fraud and abuse. On the other hand, they also cost healthcare practices a lot of money in the form of fines.

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HCPCS vs CPT: Everything You Need to Know

Etactics

If you keep up with our blogs or work in the industry, you know exactly what I’m talking about. Even if you’re new here, or just getting started in your career, the American healthcare system should speak for itself - nothing about it is straightforward. Medical billing and coding has many challenges. Diagnostic.

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Denial Code CO 252: Everything You Need to Know

Etactics

One-third of all submitted claims get denied or ignored on the initial submission. That doesn’t sound great, but if you flipped the script you’re still receiving 66% of your claim revenue. In 2021 hospitals lost an average of $5 million to their total revenue due to denied claims. There’s a pattern to claim denials.

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What is a Revenue Code in Medical Billing

Etactics

In 2021, around 16% of all medical claims submitted received a denial code. That percentage ended up equaling about 48 million denied claims! This goes without saying that millions of dollars sat with those denied claims, and some practices missed out on that revenue. So we are here to help you with this blog!