Understanding CPT Codes in Medical Billing
At MBNC, we understand that accurate medical billing is essential for healthcare providers to receive proper reimbursement for their services. One of the key components of medical billing is Current Procedural Terminology (CPT) codes. These standardized five-digit codes, developed by the American Medical Association (AMA), are used to describe medical, surgical, and diagnostic procedures. CPT […]
All you need to know about Credentialing and Enrollment in Healthcare
In today’s complex healthcare landscape, credentialing and enrollment are essential processes that ensure providers are properly verified, legally authorized, and reimbursed for the services they offer. However, many healthcare providers find these processes overwhelming and time-consuming. Without proper credentialing and enrollment, providers may face claim denials, delays in reimbursements, and even compliance risks. At MBNC, […]
Breaking the Cycle: Strategies for Overcoming AR Challenges
Managing Accounts Receivable (AR) is a cornerstone of financial success for any medical practice. AR refers to the money owed to your practice for services you have already provided but for which payment has not yet been received from patients or insurance companies. Efficient AR management ensures a steady flow of income, which is critical […]
Customized Medical Billing Plans for Private Practices
In the world of private healthcare, the main priority is always delivering top-notch patient care. At MBNC, we understand how crucial it is for healthcare providers to focus their time and resources on their patients. That’s why efficient medical billing isn’t just a financial tool. it’s a way to help providers dedicate more time to […]
Eligibility Verification in Revenue Cycle Management
In medical billing, verifying a patient’s insurance coverage is crucial for ensuring smooth and successful operations. Eligibility verification is the process where healthcare providers check if a patient has insurance coverage and what benefits they are entitled to before providing medical services. This step helps reduce claim denials, ensures better financial stability, and gives patients a clear understanding of costs ahead of time.
