Optimizing Revenue During Deductible Season

We’re in the middle of deductible season: The time of year when most insurance plans reset deductibles back to $0 and in the meantime, patients are responsible for the full contracted rate of their sessions until they have finally met their set amounts. So, what exactly does this mean to your practice? Deductible season lasts typically […]

The Importance of Proper Coding

Those who work in the medical field have a significant amount of responsibility. Not only the doctors and nurses who treat you but also the coding and billing professionals that work behind the scenes on paperwork and medical records. There are countless medical regulations and processes that go into medical coding, and it is crucial […]

Professional Claims vs. Facility Claims

Are you looking to get into the medical billing career field? Then it’s important that you know what that job will entail based on the type of facility you’re working for. There are clear differences between billing between healthcare and other industries within the medical field. The processing of medical claims across varying facility types […]

What is Prior Authorization?

Prior authorization, or PA, is a requirement for certain medications and treatments. Before you can receive the care you need, your insurance company may need to grant approval first. Sometimes the process is handled before you get to the pharmacy, while other times you may be told you have to wait for your insurance provider […]

What Is The Difference Between Deductible and Out of Pocket?

What Is The Difference Between Deductible and Out of Pocket?

Deductible vs. out-of-pocket is a common question asked by people who are considering health insurance and even by health providers who aren’t often experienced in medical billing terms and services. The Difference Between Deductible and Out of Pocket in Health Insurance Out-of-pocket healthcare costs, also known as copayments or coinsurance, are a set amount of […]