5 Paybacks That Only Come with Outsourcing Medical Billing

Medical billing outsourcing is no longer just good business sense, but a matter of survival. Find out about the five paybacks that only come with outsourcing billing services.

Deciding whether to outsource medical billing can be a hard decision. However, with the steady increase in the complexity of medical billing and with the requirement of specialized skill sets, outsourcing has become an absolute must. Outsourcing is a great way out from increased regulations, carrier red tape and minimized carrier allowances. Outsourcing medical billing is no longer just good business sense, but a matter of survival.

  1. Keep up with the changing industry

    In the recent past, the healthcare industry has been changing at an unparalleled rate, not sparing medical billing. Even under the best of circumstances, keeping up with constantly changing requirements and rules can be difficult. There are new and deleted CPT codes that come out every year, while carrier rules and fee changes seem to change daily. Keeping up with these changes requires constant vigilance and education. Outsourcing can help, when you just don’t have the time to focus on such changes.

  2. Get faster reimbursements

    Do you know what your average Medicare cycle time is? You can cut this in half by outsourcing. More days in your revenue cycle time can have a momentous impact on your bottom line. With outsourcing, you can submit claims quickly with fewer errors, so that you receive payments from payers within the shortest amount of time. Denials can be detected upfront, since there will be fewer errors while payment posting. You can also be assured that claims are transmitted electronically to all the possible carriers and are set up to receive ERAs, thereby minimizing your turnaround time. Achieving the highest reimbursement within the shortest amount of time comes only with outsourcing.

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Six Easy-To-Use Photo Manipulation Techniques

Use these six simple techniques while manipulating images and witness great results.

Photo manipulation techniques, though difficult to master are not hard to experiment with. Here are six photo manipulation techniques, with guaranteed success, that you can consider while manipulating your images. Armed with these photo manipulation techniques, you can create extremely creative images.

  1. Rendering with Vertus Fluid Mask

    Let’s say you want to merge two images. Now, you need to cut out an image of a tree and use it for manipulation. However, the Pen tool is not helping with a neat cut out of the leaves, branches and shadows. This is where, you can use the Vertus Fluid Mask program, which will render out images within seconds by using specialized masking tools. This program will take care of rugged edges and help you with flawlessly merged images together.

  2. Playing with shadows

    If you want your images to be realistic, then you must include shadows. Every item on your image will need a shadow. You must keep in mind that every item on your image must be kept proportional to everything else on the image. Shadows can add realism to your photo manipulation, even if your images are fantasy based. A simple way to make shadows, is to duplicate your original stock, turn it completely black, add a Gaussian Blur, reduce it in size and place it correctly.

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5 Effective Ways to Gather Market Intelligence

Do you want to establish your brand and stay on top of the market? If yes, then find out how to gather and use market intelligence.

With the increase in competition and companies trying to out beat each other, market intelligence plays a crucial role in keeping an enterprise on the top. Without adequate market intelligence, decision makers will be incapable of taking the right decision or altering business strategies.  Now that you know the importance of market intelligence, how do you gather it?

Here are some ways that you can use to gather market intelligence:

1.Get in touch with your sales team: Ask for information from your sales force. Your sales team will have the maximum interaction with your end customers and can give you up-to-date information about improvements in your products, effective marketing strategies used and new products, which customers are looking for in the market. Such feedback is both realistic and practical.  Your sales team can be requested to conduct regular market surveys to gather useful market intelligence.

2. Question your channel partners: Get feedback from your channel partners when it comes to product expansion or the sale of a new product.  Your channel partners can let you know which products will sell better in the market, which products can be ready to stock and which product your enterprise should focus on next. They can also suggest improvements on your current marketing strategies. Channel dealers are after all the internal customers of your company. Asking for feedback from them is a great way to gather market intelligence.

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