In this episode of “Med Practice Made Perfect”, host Tom Maher dissects the insourcing-versus-outsourcing dilemma in revenue cycle management (RCM) for medical practices. Maher explores the contrasting viewpoints on control, oversight, and cost-effectiveness associated with each approach. If you’re debating whether to keep your healthcare billing and coding internal or outsource it with an RCM vendor, this is a great place to start. Tom introduces the industry debate by outlining the opposin...
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In this episode of “Med Practice Made Perfect”, host Tom Maher dissects the insourcing-versus-outsourcing dilemma in revenue cycle management (RCM) for medical practices. Maher explores the contrasting viewpoints on control, oversight, and cost-effectiveness associated with each approach. If you’re debating whether to keep your healthcare billing and coding internal or outsource it with an RCM vendor, this is a great place to start. Tom introduces the industry debate by outlining the opposin...
Pitfalls of Using Coding Algorithms (Med Practice Made Perfect - Episode 04)
Med Practice Made Perfect
26 minutes
2 years ago
Pitfalls of Using Coding Algorithms (Med Practice Made Perfect - Episode 04)
While coding algorithms can significantly improve the accuracy and efficiency of medical coding, they are not a replacement for human expertise. In fact, working with coders is essential to optimizing the use of coding algorithms and maximizing profitability. Coders play a critical role in ensuring that coding algorithms are used correctly and effectively. They are trained to identify nuances and complexities in medical data that algorithms may miss, ensuring that codes accurately reflect a ...
Med Practice Made Perfect
In this episode of “Med Practice Made Perfect”, host Tom Maher dissects the insourcing-versus-outsourcing dilemma in revenue cycle management (RCM) for medical practices. Maher explores the contrasting viewpoints on control, oversight, and cost-effectiveness associated with each approach. If you’re debating whether to keep your healthcare billing and coding internal or outsource it with an RCM vendor, this is a great place to start. Tom introduces the industry debate by outlining the opposin...