Medicare Fee Schedule Changes In 2023

The healthcare system remains robust and workable only if the required payments are made timely. If the practitioners get short of money, they are not able to offer quality services to the patients. This is why the Medicare system must ensure all the members of the healthcare system are provided with the required services timely.…

Relative Value Units

What Are Relative Value Units And How RVUs Work?

The relative value units are of prime importance in the World of medical billing. They are concerned with the value that a medical practitioner offers to patients or clients. Also referred to as factor compensation, RVUs are the indicators that define the actual worth of the medical treatment offered. In simple words, the Relative Value…

Electronic Remittance Advice

What is Electronic Remittance Advice (ERA) and its Advantages in Medical Billing?

ERA, also known as electronic remittance advice, makes medical insurance billings easier, more efficient, and error-free. As the electronic data interchange, it puts out all the information related to medical billing, making the associated activities easier for all the concerned parties. The electronic remittance advice entails everything from the payment claims of the provider, explanations…