Strategic insights, perspectives and industry trends for healthcare executives. Brought to you by CareCloud.
The medical billing services can be complex and confusing, with a lot of paperwork and specialized terminology. The Explanation of Benefits (EOB) is a significant report that patients and medical practitioners must contend with. If you’ve ever gone to the
In the world of healthcare and medical billing, understanding the processes that help manage and streamline the flow of patient information and payments is super important. One crucial term in this ecosystem is EOR, which stands for Explanation of Reimbursement.
In the complex world of healthcare and medical billing, understanding various authorization processes is crucial for ensuring proper reimbursement and minimizing claim denials. One of these processes, often overlooked but equally important, is retrospective authorization. This practice can have a
Are you frustrated by frequent claim denials slowing down your revenue cycle? You’re not alone, and often, the root of the problem starts before the claim is even submitted. That’s where Verification of Benefits (VOB) comes in. VOB is a
Healthcare has always adapted to keep up with the increasing patient demands and new technology. Ambient listening technology has most likely been one of the most significant technical developments in healthcare settings in recent years. This technology enables physicians, nurses,
The healthcare revenue cycle consists of adjudication, an essential yet frequently neglected stage. The fundamental understanding of adjudication terminology within medical billing becomes necessary for healthcare providers, medical billing professionals, and patients. Claims go through a series of actions determining