Radiology Billing: Insourced vs. Outsourced Services

Posted on September 6, 2018 in General
The growth of a radiology practice is highly dependent on the effectiveness of its billing procedures, especially for a young practice. The combination of poor billing software and ineffective procedures can cost a practice six figures a year in missed reimbursements. Radiology groups routinely allocate a significant portion of their resources towards billing, which can result in a net loss unless their procedures are highly efficient. A dedicated billing department ...Read More

Pick Two: The Universal Coding Dilemma

Posted on August 8, 2018 in General
Medical coding has been in search of the holy grail for a long time. We define this as the perfect blend of the following: Speed Accuracy Low cost Medical Coding Initiatives In the quest for the best solution to meet these three ever so important criteria, there have been some key attempts, some of which you may have tried. There are Natural-Language Processing (NLP) coding apps which are supposed to ...Read More

How Radiology Billing In-Sourcing Benefits Small Groups and Imaging Centers

Posted on June 29, 2018 in General
Insourced Radiology Billing for Small Groups and Imaging Centers Many small self-billing radiology groups and imaging centers are struggling. Why? Well, that’s a loaded question. There are several battles self-billers face. Unfortunately, most of them result in costs suffering on top of less than stellar collections. Challenges of radiology groups and imaging centers include: Too high of costs Lack of any economies of scale Keeping pace with industry changes and ...Read More