Orthopedic practices play a crucial role in healthcare, offering specialized care for musculoskeletal conditions. However, ensuring financial stability in such practices requires more than just clinical expertise. Efficient medical billing and revenue cycle management (RCM) are paramount to maximize revenue and streamline operations. In this article, we delve into the common challenges orthopedic practices face in billing and coding and explore strategies to overcome them, ultimately improving revenue efficiency.
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The Merit-based Incentive Payment System (MIPS) is a critical component of the Quality Payment Program (QPP), designed to incentivize clinicians for delivering high-quality care and improving patient outcomes. MIPS encompasses various performance categories, including Quality, Cost, Promoting Interoperability, and Impr...
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