Entries by Giovanna Govea

Benefits of Offshore Medical Coding for Your Domestic Staff

More and more healthcare providers are utilizing offshore medical coding and are enjoying a variety of benefits. One of the biggest appeals of offshore medical coding for many providers is the bottom line – hiring overseas coders is more cost-effective than searching for employees at home. This is a huge asset for providers, but it […]

Why HIPAA & HITECH Compliance Is Increasingly Crucial in Today’s World

Healthcare fraud and security breaches have been making headlines recently. It seems that almost everywhere we turn, we hear about a new threat to banking or health information security. After the Equifax breach compromised 143 million Americans’ credit and financial information earlier this year, individuals and organizations are shifting their best practices and regulations to […]

Highlights and Trends from AHIMA 2017

The feeling of absolute exhilaration was in the air lining up to receive pre-registration packets at the AHIMA 2017 Convention and Exhibit in “the city of angels”, Los Angeles.   For many of us, it had been a year since we had seen colleagues, reconnected with prior co-workers and reunited with friends in the health information […]

Outsourcing Is a Key Method to Reducing Administrative Costs

Your hospital wouldn’t be able to operate without its administrative functions, and your hospital’s expense report will show it. According to the Council for Affordable Quality Healthcare, administrative costs account for a whopping 15 percent of all U.S. annual healthcare expenditures. Such a sizable percentage means the stakes are high for hospitals and other healthcare […]

Why Collaboration Between Coding & Patient Financial Services is Essential for Healthy RCM

There are two key parts to any healthcare facility’s revenue cycle: patient financial services (including enrollment, appointment scheduling, collections, and more) and medical coding. For your employees who work in each department, these two may seem like entirely different worlds sometimes, but communication and collaboration between the two is crucial for effective revenue cycle management. […]

The Truth About Domestic vs. International Medical Coding

There’s a lot of debate in the world of healthcare about international coding. “Does international coding really save that much money? How safe is it? Aren’t there enough coders here in the United States?”—these are all common questions that healthcare providers ask when addressing their medical coding needs. There is a lot of misleading information […]

Common Pitfalls You Can Avoid with Effective RCM

Healthcare policies and reforms always seem to be in motion, especially in today’s political climate, making it a challenge for health care providers to keep up. If they can’t adapt to the changing landscape, they miss out on significant revenue. Because the healthcare industry is always shifting and evolving, it’s crucial that your facility’s revenue […]

Effective RCM Can Save Hospitals Millions

A recent report by Advisory Board has found that hospitals are losing up to $22 million in revenue a year because they do not have effective and accurate revenue cycle management (RCM) in place. Advisory Board reported that although hospitals have enjoyed higher profits recently, the focus they have placed on the cost of RCM […]