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All posts by Precision7

Cybersecurity Risks in the Digital Era

In the last decade we have seen a huge increase in the use of the Internet around the world and now almost every company has an online presence. The dramatic increase in domestic and business users has made the digital world more complex and as a result, security risks have become more common and sophisticated.

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Ransomware: What it is and how to stay safe?

What is ransomware?

Ransomware is a malicious software that encrypts data on a computer in order to extort money from the user before giving access to it. Once a workstation or server is infected, the workstation connects to a control server in the cloud to receive an encryption key that will be used to encrypt the data it will find on its way.

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Pros and Cons of Medical Billing Companies

Precision7 Inc. is one of the top medical billing companies in the US, the company has over a decade of cumulative experience in various aspects of the healthcare industry.For those who are interested in buying a new medical billing software system, they most definitely have thought about an online medical billing software solution. All these solutions have grown to be more and more popular since conventional customer server application developed into 100% internet based solutions. Before selecting a complete online billing or practice management solution you have to think of the pros and cons. You are actually choosing a platform that the primary objective of your practice depends on cash flow. In this post we are going to review the pros and cons of web based healthcare billing solutions.

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Criteria For Choosing The Right Medical Billing Company

A medical billing company can certainly maximize the performance of your billing method, minimize denials, reduce operating costs, help to increase reimbursements and save significant time which can be devoted to patient care. Such services are high equipped to grab hold of frequently changing billing codes and market requirements.

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7 Signs You Have a Great Medical Billing Process

When it comes to the medical billing, the income of your practice requires you to have the right processes in place. Even if one aspect of this procedure is off, it can greatly affect your revenues. Here are the 7 best signs to determine you have a great medical billing process.

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Medical Billing Services – What It Is All About

If you are searching ways to boost the performance of your practice, medical billing firms are the best way out for you. There are numerous benefits of hiring medical billing companies that look after your healthcare facility, they not only improve your claims processing time period but additionally perform various other tasks like check on overdue balances ,help enforce compliance, collect the patients data relating to insurance plans and guiding the practice in getting paid for their services.

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What HIPAA Says About Texting Patients

Health Insurance Portability and Accountability Act is best known for the Privacy Rule, which applies to individual health care info in all forms, whether oral, paper, or electronic. HIPAA was made a rule in 1996, the drafters never considered how future technology would influence the way providers to communicate with their patients. Such as technology progressive, it was essential for Health Insurance Portability and Accountability Act to adjust as well.

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Why Female Neurologists are Paid Lesser than their Male Counterparts?

The Neurologist Compensation Report 2016 was published May 1. The female neurologists made considerably less money compared to their male counterparts. Neurology experiences gender disparities in the case of the pay doctors get. The number of women surgeons is increased in the United State; however, they continue to earn less than their male counterparts. The earning difference between the male and female neurologists was 25.3%, which almost amounted to $56,000 yearly.

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Why Should You Outsource Your Transcription Solutions?

Medical transcription is the procedure of converting voice files into accurate data files in the required format. As a busy healthcare doctor, all you have to do is to dictate your observations about your patients into your digital recording device. This process facilitates medical practitioners by generating 100% accurate medical billing document within a 24 hour turnaround time which is reliable, fast and secure HIPAA-based transcription process. 

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Medical Billing Questions Every Professional Should Know

Medical billing activities are an important part of a healthcare facility’s daily work. It should always go as planned. However, we all know that medical billing is a complicated procedure, and often things do not go the way you would like them to. This can increase the cost and time of the claim’s filing procedure. There are several steps to take between the first claim submission and final payment posting. In order to ensure your medical billing process is flawless, you need to first know what additional steps might require being taken when things don’t go according to plan. We have put together this list of the medical billing questions every professional should know to in order to do the task successfully.

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