by MpowerMed | Nov 22, 2017 | Medical Billing, MpowerMed
5 Easy Strategies to Improve Collections at Medical Practices For many medical billing professionals, accounts receivable (AR) objectives are the biggest challenge in revenue cycle management. Yet, benchmarking AR is not difficult if approached with the proper...
by MpowerMed | Nov 16, 2017 | Medical Billing, MpowerMed
4 Strategies for Medical Practices to Survive Reimbursement Changes The changes in reimbursement policies and payment models have made it challenging for independent practitioners to maintain financial stability, let alone see a growth in revenue. In addition, stiff...
by MpowerMed | Nov 8, 2017 | MACRA, MpowerMed
10 Questions About MACRA Answered What is MACRA? MACRA is an acronym for the Medicare Access and CHIP Reauthorization Act. CHIP stands for the Children’s Health Insurance Program. MACRA is a landmark legislation that outlines a value-based approach for the...
by MpowerMed | Nov 3, 2017 | Medical Billing, MpowerMed
Life Cycle of a Medical Claim Most people believe that a medical claim begins and ends with reimbursement. While reimbursement is undoubtedly a vital component, it is not the only piece in the lifecycle of a medical claim. Understanding and distinguishing the...
by MpowerMed | Oct 20, 2017 | Medical Billing, MpowerMed
Feeling Overwhelmed By MIPS? These 4 Strategies Will Help. Most physicians have a general understanding of MIPS, but many are feeling overwhelmed by the intricacies of the new payment model. Yet physicians who are unsure of their approach to MIPS are at financial...