4

Advantages of Outsourcing Hospital Billing Services

Most healthcare facilities have businesses that complete their collection, coding, and invoicing jobs for them. These activities are known as hospital billing services. Most invoice hosting providers work directly with a physicians office, a medical clinic, or hospital to effectively handle the process of filing insurance claims, and they may also communicate with patients by sending them copies of their account statements. Many times medical facilities will outsource their hospital billing services because outsourcing comes with several advantages, especially when compared to hiring a full-time staff to complete the tasks that an outsourced company can provide for much cheaper, and oftentimes more successfully.

Saving money is one of the main advantages to outsourcing hospital billing services. Medical facilities find that hiring staff to handle all of the tasks associated with invoice tasks can become quite expensive; however, outsourcing the activities allows the jobs to be completed for a fraction of the cost of hiring staff to do them. Since money can be saved by outsourcing these activities, it also helps medical facilities to save money when it comes to paying staff salaries, on taxes and benefits, and as well as training expenses. Hospital and medical facilities that are not paperless can even save money on printing and office supplies by outsourcing their hospital invoice jobs.

Outsourcing hospital billing jobs has become so popular over the past decade because it helps many physicians and medical offices save money on training new personnel to compete invoice service related tasks. These jobs often include coding claims, documenting and tracking different types of claims, and also handling the process of collecting money on accounts that have become delinquent. When these activities are outsourced, the medical office does not have to train personnel to handle the tasks, the hired outsourced company trains their own personnel to complete the services.

Most companies that provide physician billing services offer different invoice job packages, which helps to ensure they can meet any medical offices wants and needs. Most small doctors offices will opt with a basic physician billing activity package, and larger medical offices usually opt with a more complex invoice service package that is accompanied with more support features. Most complex billing task packages will include transcription tasks, and some may even include enhanced feature and functions relating to emergency medical activities. Most basic packages will only include hosted jobs which file medical claims and that also effectively retain and maintain patient records.

Any medical office that is considering outsourcing their hospital billing services should always examine different companies who can perform the tasks and their different available packages; this ensures the medical office will be able to partner with a job provider who can meet their needs.

20

Automated Hospital Billing Services Can Save Money

It seems like every month people hear about a few hospitals being forced to close or cut back services because of losses. Part of that can be related to the fact that they have to treat every patient that comes through the door, regardless of ability to pay. Some of it might be the low reimbursement rates from the government for Medicare and Medicaid patients. Regardless of the reasons, every hospital desires to cut costs and save money without affecting patient care. Using automated physician billing services can really make a difference in the bottom line.

Even just a few years ago, most hospitals employed a physician as an employee of the hospital. In the last decade or so many have gradually shifted to an independent contractor model to save costs. When the physician is an employee, the hospital must carry some of the burden for malpractice insurance not only for themselves, but for employees as well. Shifting doctors to independent contractors frees a lot of these costs from the hospital to the doctor. Many doctors like this as well, as they can negotiate their rates for services rather than be paid a fixed fee. They are also free to associate with multiple hospitals, which gives them the possibility for many more patient visits.

None of this would be possible without automated accounting systems. Hospitals must now track both doctors and patients, pay doctors for their services, and additionally collect money from both patients doctors when necessary. Most physicians utilize finance software as well to track what they are owed by both the hospital and the patient. The usage of hospital billing has skyrocketed in recent years because it really keeps everyone on top of payables and receivables that are due.

The main benefit of all of this is to reduce costs and increase revenue for all parties. Where a few years ago someone might be able to slip through the cracks and not pay the bill to a physician or a hospital, automated hospital billing services make that a virtual impossibility now. The software automatically ages accounts with a due balance to 30, 60 and 90 days due. It makes it easy to see which accounts are likely not to pay and then send them to collections in a timely manner which decreases losses.

The efficiency of the modern services makes a difference as well. Some patients may see 5 or 6 doctors in a single hospital stay, and interact with at least as many different departments. Modern accounting services are able to cross reference every interaction a patient or a physician has and dramatically reduce billing errors such as under-billing or double billing for the same service. This results in fewer hours wasted trying to resolve problems, and more time spent running a hospital.

18

Hospital Beds Market In India Progressing On Growth Trajectory

With a vast population base, India has a large patient pool existing in various urban, sub-urban and rural areas. At present, the country has around 0.7 hospital beds per thousand populations as compared to a much higher global average of around 3, which indicates a huge demand and supply gap in this market. According to a new research report by RNCOS, the hospital beds market in India is expected to grow in near future, though at a slow rate, on back of increasing private and public participation. It is expected that high demand, rising healthcare expenditure and huge growth potential will attract investments in this area, and there will be 937,000 hospital beds in the country by 2015.

The Indian Hospital Services Market Outlook, a comprehensive study that provides extensive information about Indias hospital sector, forecasts that the healthcare spending in the country will be more than double by 2017 due to rising penetration of healthcare insurance and high prevalence of diseases. The Indian hospital services market, which stood at around US$ 31.3 Billion in 2010, is expected to cross the US$ 80 Billion-mark by 2015. The research sees that most of the demand will be in the specialty segment, and changing consumer behavior will lead to the development of high quality healthcare. It was observed that private players hold the majority share in hospital services segment that will rise gradually with each passing year.

The report analyzes various factors driving the industrys growth and the challenges it has been facing. Analysis and statistics regarding market size, growth, share, segmentation, and hospital infrastructure in various metropolitan cities have also been included in the study.

The industry estimates, presented in the report, are based on numerous economic models, correlation and regression analysis and judgmental analysis of the team of industry experts which has carried out the inclusive research. Overall, the research aims at presenting a balanced outlook about the Indian hospital services market to clients.

For FREE SAMPLE of this report visit:

Some of our Related Reports are:

– Indian Diagnostic Market Outlook to 2015()
– Indian Healthcare – New Avenues for Growth()
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About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

2

How To Choose The Right Skin Clinic In India

These days our overall look performs a very part in our day to day life. In all kinds of career, men and ladies need to look satisfactory. Regardless of our body shape, complexion, size and weight, we need to try to look excellent and satisfactory. Even if we are not created looking ‘perfect’, we can improve our looks with the help of technological innovation. Thanks to the progression in technological innovation, we can get the overall look that we need, by looking for various visual therapies. However, to be able to acquire of these therapies, or for getting proper healthy epidermis care, we need to select the right epidermis medical center.

Here are a few things that you should consider while selecting a skin clinic:

1) Solutions offered- almost every men or females will have the need for a variety of skin related services. Thus, you should first figure out the kind of services the beauty salon or the institution provides. For example, when you opt for a strategy to thinning locks, you might also need other services such as acne remedy, areas decrease etc. Hence, it is better that you select an institution that provides you with everything that you require.

2) Experience of the staff- if the employees of an epidermis medical center are not knowledgeable, certified and expertly certified, they will not be able to do an excellent job for you. Besides, they might even end up harming you or resulting in damage to your epidermis. For example, therapies like laser device treatments are quite challenging and can only be conducted by certified experts. Thus, you should create sure that the institution utilizes expertly certified and knowledgeable individuals.

3) Devices and tools- in this age of technological innovation, the device and resources used on the globe of beauty products change very quickly. To be able to provide you with the best possible service, the institution should have access to the newest equipment. Also, the resources they use should be of top high quality, and those which are accepted by experts in the area of visual medication. If they use obsolete resources, they might not be able to provide a variety of aesthetic therapies.

4) Budget -in these severe economic times, we cannot neglect the factor of affordability. Every city has many beauty parlors and beauty institutions, and so the epidermis medical center that you select should be the one that provide you with top high quality and cost-effective services.

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11

Parallels Drawn Between Hospital Patient Experiences and Employee Satisfaction

There have been many studies conducted in a variety of industries linking job satisfaction and customer satisfaction, and all seem to point in one direction: there is a distinct correlation that when happy employees provide services to the public, customer satisfaction prevails.

In an extensive study performed in a major New York City Hospital in 2006, an Employee Engagement Advisory Committee was created to gather feedback from all areas of the hospitals workforce. These areas included administrative and non-clinical staff, service personnel, nurses and physicians and all were asked their own evaluations of employee loyalty and retention. This feedback enabled the committee to identify the hospitals strongest and weakest areas in job satisfaction which lead them to a better understanding of how to motivate involvement and effort.

Another important topic undertaken by the advisory committee was on Employee Engagement.
After many forums and hundreds of comments were gathered, it became concisely clear that engaged employees at their hospital make personal commitments to their jobs and take pride and in their entire organization and the care of their patients.

Just as patient care is adversely affected when poor morale and job satisfaction are inherent, particularly in the nursing industry, that level of care is positively impacted when nurses are given more decision making power and have a strategic role in the care of their patients. Follow-up patient surveys have proven that nurses who are encouraged to take a more active role in their jobs, have higher levels of patient safety and fewer medical errors recorded.

The most commonly used methods in the Health Care
Industry promoting employee engagement and retention are:

– Management accessibility and leadership styles
– Organizational communication
– Recognition programs
– Company reputation
– Empowerment in decision making
– Access to training, resources and opportunity

Hospital Administrators who incorporate policies of employee well being and engagement while on the job, report that they are encouraged and satisfied when they see the reductions in recruitment and retention costs, a dramatic reduction in absenteeism, along with lower patient costs.

12

Forerunners Healthcare Provides Huge Network Of Best Hospitals And Top Clinics In India

Forerunners Healthcare provides you the best hospitals in India for your treatments and welfare. Nowadays medical industries grow very rapidly in India. Indian hospitals are well-equipped and advanced infrastructure for providing best treatment to the patient. Indian doctors are specialist in Heart surgeon, plastic surgery, cancer treatments, cardiology society, eye care and Orthopedic. Many foreigners are coming for the treatment to forerunners healthcare with booking package tours to spend their days happily. Every city has Government and private hospitals in India. Hospitals of India provide treatments full of free service to the poor people and charging for the treatment is also low cost to everyone. Forerunners also provide the hub of hi-tech hospitals along with hi-tech activities.
Forerunners Healthcare has network of Best Clinics and Hospitals in India
Forerunners Healthcare in India has empanelled some of the best clinics in India serving pioneering healthcare solutions to the patients. The highlights of some of the hospital facilities attached with the Forerunners Healthcare are-
World class Infrastructure
Dedicated Team of surgeons, doctors and medical staff
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Intensive Care Units
Forerunners healthcare thanks the JCI / ISO accredited Indian surgery hospitals of repute in India and overseas whose association with us has made this unique medical portal website in India possible.
Best Healthcare Centers in India
Forerunners Healthcare amongst the best healthcare centers in India is affiliated with multi specialty hospitals, best healthcare centers India, doctors, wellness centers, diagnostic centers, hotels, clubs, spas, serviced apartment and resorts assuring quality of service, safety and confidentiality for all their patients. Medical Treatment through forerunners healthcare is on high demand due to availability of medically advanced hospitals and internationally trained experts on its panel. Forerunners healthcare has tie up with some of the best-qualified professionals in each field, and this fact has now been realized the world over. Forerunners healthcare has always aimed at delivering exceptionally high quality medical services to its international patients.
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12

Get Better Dental Services In Minimum Fee Charged From Dental Hospital Delhi

There are a lot of guides out there that contain dental care tips, but sometimes they can be confusing. This easy to understand guide is easy to read and will give you tips that anyone can follow. Dental hospital Delhi is one of the top leading hospital in delhi which provides advance equipments and technologies for your dental problems like gums, sensivity, root canal treatment ,teeth braces etc we have expert well trained, experienced, and dentists to match the best international standards.

Dental hospital Delhi is one of the best dental hospitals which provide all kind of dental services at cheap price. We always used advance technologies and equipments for dental causes .dental hospital treatment are inexpensive as compared to other hospital in India or anywhere. Its one of the ultimate hospitals which always give first priority to client and their needs which they want thats why we always charged minimum dental fees.

Teeth Whitening Delhi

We all knowns it very well Teeth is one of the not only the most important part of our body as well as it improves your beauties and personality too. Dental hospital Delhi is one of the best dental hospitals that can help you to make your teeth white and strong we have heavily educated and expert dentists within highly advance equipment which makes you teeth white in a very short time period without any pain or other side effects.

Teeth capping crowns in Delhi

Dental hospital provides teeth capping crown to cover your crack teeth and save it we also provides invisible braces to make your teeth straight without showing any odd braces on your teeth which never suit on your personality recently most of the people using invisible braces and they get a peaceful response. So i will suggest you to use invisible braces and makes your teeth better now dental hospital Delhi is one of the best dental hospital which provides teeth capping crowns and invisible braces in delhi.

7

Transport Wheelchair The Benefits of a Low Maintenance Hospital Transport Chair.

Having equipment like a low maintenance hospital transport chair gives dedicated staff the opportunity to focus on what really matters, patients in need. A hospital is a place where many hands work continually towards the single goal of health care. 24 hours a day, 7 days a week, working minute after hardworking minute pulling night owl and early bird shifts are the employees that countless people depend on.

When searching for patient transportation, start with chairs that are not only affordable, but require minimum upkeep.

With so many companies manufacturing wheelchairs, it’s easy to assume that one chair is just like the other. However, there are transport chairs that stand out from the crowd because of how economical they are, and because of how well they function for long periods of time.

A wheelchair that has a folding frame is one that is most commonly seen in hospitals. The problem with folding frame chairs is that when it comes to maintenance, these type of chairs require at least a twice a month “check up.” The bolts and axles on these chairs can come loose or even detached after strenuous days in a hospital; a non-folding chair avoids this problem. Without the folding function, this chair elevates the precious time that would be needed to tighten otherwise pivotal points.

Chairs that have the cross brace and folding option also suffer from weight strain.

Once the chair becomes strained, a staff member with welding experience becomes necessary. A steel grade, non-folding chair doesn’t have this problem; this chair produced by certain manufacturing companies are designed to handle repeat use with patients that may weigh up to 500lbs.

The way a hospital’s mobile chair looks speaks loudly on the facility’s reputation.

While it’s a given that the look of a hospital’s equipment isn’t as important as its function, it’s always a plus to keep patient chairs presentable. Scratches and chips that sometimes seem to appear overnight require the time of touchup painting. Touchup painting may have to be done once every month just to maintain hospital standards.

A mobile chair that is damage resistant is not only a time saver, but a money saver as well. Certain transport chair manufacturers have worked hard to develop a specially formulated paint that gives each of your chairs a top and bottom coat that will stand the test of time. A wheelchair from one of these companies will keep your chairs looking as new as the day they first arrived months after the initial purchase.

Your hospital serves its community diligently; every penny spent is an investment. A patient medical chair is an investment that every hospital has to make; purchasing a low maintenance chair is a good way to make that investment count. The less time and effort someone has to spend on tightening bolts, or re-welding frames, and paint touchups, the more time they have to focus on the people who will use them.

20

The Importance of Hospital Billing in the Medical Community

The medical industry is comprised of many divisions and sections which all work together to offer patients a positive experience. This is true whether services are provided through an emergency care center, doctor’s office or any of the many types of medical help offices available. While many will focus on procedures performed at various hospitals and treatment centers, medical service administrative functions are equally as important, including hospital billing.

Hospital billing brings together charges based upon patient stays or procedures performed at a hospital. By coordinating with doctors’ offices throughout the community, this financial department can ensure a smooth relationship between doctors and patients. Because the medical billing process can be complicated, it is important for all entities involved to check information and avoid any discrepancies the patient might find.

While many hospitals employ their own accounting departments, the practice of outsourcing accounting services has risen over the years. This practice can save money while offering a more streamlined process to keep errors to a minimum. Outside sources work hard to provide state-of-the-art technology that can keep transaction costs down while eliminating problems such as fraud. Finding a service that can balance the complexity of a medical network can be a cost saving option that is valuable in economic down times.

In order to maintain a smooth accounting process, doctors should be willing to coordinate their own billing practices with the medical community. If they choose not to participate, errors might occur due to inconsistencies between accounting sources. Doctors should consider being on the same system as community hospitals in order to experience the best value for money invested.

Many healthcare practice management companies exist to provide integrated accounts receivable services for medical communities. Offering professional services with highly experienced staff and management, they often provide a group package at considerable savings that can encompass the entire community’s needs for consistent accounting and collections. Through proven success with the companies they represent, healthcare billing services enable doctors and medical services to focus on their patients’ needs and provide excellent health care.

Medical accounts receivable services will cover all aspects of hospital billing. This includes insurance transactions and follow-up as well as self-pay with follow-up and third-party payments. All aspects of the process will be scrutinized and followed through so that patients can enjoy a more relaxed experience at potentially trying times. Allowing for a more personal patient/doctor relationship, the right hospital billing service can work with the medical community to put an end to financial headaches while making doctors’ practices and hospitals’ procedures more profitable.

17

Main Points you should know about health care facilities and hospitals

Every country boasts of many hospitals that provide quality health care treatment to its patients. But you can’t rate every hospital as good as there are also many health care centers who have stated their shop just for monetary benefits. So before utilizing the services of any hospital one should go through following given points:- 1.Hospital Mortality Index: – It is an administrative tool to determine the performance of the hospital. This is done by evaluating the ability of the concerned hospital to keep their patients alive. Hospital mortality index is also used by insurance agencies to make decision about which hospital to include in their network. As no body wants to loose their money, that’s why these insurance companies generally provide their services in some of the best hospitals and health care centers. 2.A positive reputation among doctors: – Most of the doctors know about the reality behind any big named hospital. And they would never put at stake their respect at stake while suggesting anybody to go for a particular hospital. So it’s always better to consult any good doctor before making the final decision. 3.Infrastructure of the Hospital: – Check that the hospital is equipped with all the necessary facilities. Look around at whole hospital and check if all their facilities are in running condition or not. 4.Resident doctors: – It’s a fact that most of the hospitals utilize the services of senior visiting doctors. But these hospitals will also have resident doctors who work under some senior doctors and will take care of you in absence of these senior visiting doctors. So at the time of emergency these resident doctors are the immediate source of help which you will receive. So it becomes very important that you make yourself confident by going through their qualifications details. 5.Availability of advanced medical equipments: – Medical equipments come at a huge price cost. So no ordinary health care center can afford them if they don’t have the required knowledge, skill and expertise to use them. That’s why it’s advisable to check this factor by visiting the operation theatre and other important areas of the hospital. 6.Hospital’s experience in certain specialties: – Every hospital doesn’t specialize in all kind of human disease and issues. So consult with any concerned specialist before making your move. 7.The quality and ratio of nursing staff: – Check that the number of staff working in any particular hospital are adequate enough or not. Also enquire about their credentials and experience because they are the only one who will be taking care of you in the hospital. Before making the final choice, it’s better to go to the concerned hospital and self asses the hospital on these parameters. You can even consult your friends to get enough information about the hospitals.