What is a Clearinghouse in Healthcare?

What is a Clearinghouse in Healthcare?

In medical billing, clearinghouses play a vital role in increasing efficiency. They act as a middleman between the healthcare provider and the insurance payer. A healthcare provider can be a doctor, dentist, or any other physician. Clearinghouses are responsible for...
What is a modifier in medical billing?

What is a modifier in medical billing?

Medical Billing: There is an old medical saying, that “If it is not documented, it is not done”. This is why in medical billing proper documentation leads to no denials. There should be proper evidence and documentation in the patient’s medical files. When we talk...
Medical Practice Valuation – Rule of Thumb

Medical Practice Valuation – Rule of Thumb

If you are a private health physician with your own practice, you might have heard about how a medical practice is valued based on the industry’s rule of thumb. Typically, the rule of thumb is based on multiples of sales amount – for instance, 1 to 1.5 times the...
How Does Obamacare Work?

How Does Obamacare Work?

The Patient Protection and Affordable Care Act, also known as Obamacare or the Affordable Care Act (ACA), is a sweeping piece of legislation that was signed into law by President Obama in 2010. The ACA considerably changed the healthcare system in the US by reducing...

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