Tag Archives: coding

Medical Billing Services – Choose Wisely

by edd In specialty-coffee-green-coffee-beansTags:

It’s not news nowadays that healthcare providers are heavily outsourcing their medical billing services to professional companies to look after their medical billing and collections. A number of physicians, hospitals, nursing homes, urgent care centres, laboratories, DME companies, and other entities associated with the healthcare industry have realized the need for professional handling to regain focus on revenue recovery mainly through the reduction in operational costs. There lies another challenge ahead – to find out the proper medical billing service, Read More

Common Errors in Accounts Payable

by edd In specialty-coffee-green-coffee-beansTags:

After payroll, the largest disbursement of a firm’s funds is typically related to Accounts Payable. Accounts Payable is often the single largest cost in the accounting function. Yet its’ often the least accurately tracked process due to the highly manual and transaction intensive nature of the process. This study lists the common issues and errors related to accounts payable processing that are found in most organizations. Common issues/errors Data Entry Errors Data entry errors can occur on any invoice field Read More