WCH NEWS
A Guide to Achieving Documentation Compliance in Mental Health Practice
11/6/2023
Dear Mental Health Provider,In the current landscape of heightened scrutiny by payers and an alarming 70% improper payment rate, it has become imperative to reassess and educate Mental Health Specialists in effective document practices. Our primary objective is to conduct a preventive audit ensuring...
The Decision Between Unified or Collaborative Billing and Credentialing Services
9/22/2023
The
question often arises in the healthcare industry: should billing and
credentialing services be handled by separate companies, or is it more
efficient to have them under one roof? The answer lies in several factors,
primarily the expertise and knowledge of the team managing these ...
Charting Your Path to a Successful Medical Practice: Guidance from WCH
9/15/2023
For
medical providers venturing into the world of private practice, the journey
begins with crucial decisions that set the course for their business. One of
the most pivotal choices is determining whether to work with insurance
companies, limit participation to specific insurers, or ...
Insurance Company Letters: The Importance of Professional Consulting
9/15/2023
Receiving
a letter from an insurance company can often be a daunting experience for
healthcare providers. These letters can encompass a wide range of topics, from
audit requests to clarification on specific matters. Regardless of the nature
of the letter, providers must respond appro...
Finding the Right Billing Company: Key Steps for Practice Growth
9/8/2023
For many healthcare
practitioners, the quest to find the ideal billing company is a critical step
in ensuring practice growth and financial success. Doctors often wonder how to
identify the perfect billing partner who can efficiently manage their revenue
cycle. Check the essential st...
The Power of a Second Opinion in Medical Billing
9/1/2023
In the world of
healthcare, seeking a second opinion is a common practice when it comes to our
physical well-being. We rely on professionals to provide us with accurate
evaluations and treatment plans. Similarly, in the realm of medical billing and
revenue collection, the concept of ...
Navigating Insurance Audits: A Case Study in Collaboration and Resolution
8/25/2023
Insurance audits can
often become a source of anxiety and frustration for healthcare providers. A
recent case involving a podiatrist's encounter with an insurance audit sheds
light on the challenges faced by medical professionals and how collaboration
with experts can lead to effecti...
WCH Webinar: Navigating New York Payer Challenges with Expert Solutions
8/11/2023
Credentialing
and communication with payers have been the cornerstones of the healthcare
industry for decades. Providers often find themselves in intricate situations
while dealing with payers, facing challenges that can be both overwhelming and
time-consuming. With over 20 years of ...
Elevate Your Urgent Care Billing with WCH: Expertise You Can Trust
8/7/2023
Urgent
care centers play a vital role in providing immediate medical attention to
patients. However, when it comes to billing, urgent care has unique
requirements that demand specialized knowledge and precision. For over two
decades, WCH has been a trusted partner for urgent care pro...
The Often Overlooked Impact of Referrals: A Reminder for Specialties
7/28/2023
When we
discuss healthcare audits and compliance, our focus tends to be on individual
providers, primarily physicians. However, there is an equally critical aspect
that often goes unnoticed—the impact of referrals for specialties on the
sidelines. These specialties include phar...
Unveiling Payment Patterns: Self-Audits for Proper Reimbursement Rates
7/21/2023
In the
complex world of medical billing and insurance payments, it's not uncommon to
encounter surprising variations in reimbursement rates, even within the same
specialty. To ensure that healthcare providers receive prompt and accurate
payment at rates specific to their specialty, c...
Audit and Record Retention Rules: Expert Solutions from WCH
7/14/2023
Audits and record retention rules
are critical aspects that medical practices must understand and adhere to. When
facing an audit, it is vital to partner with professionals who possess in-depth
knowledge and experience in the field. As a leading healthcare consulting firm,
WCH can pr...
DME Business: Essential Requirements and WCH's Expert Guidance
7/7/2023
Opening
a durable medical equipment (DME) business requires careful planning and
adherence to certain requirements. Before you can start serving the public and
providing your services as a retail business, there are three essential things
you must have in place:
...
Protect Your Contracts: Overcoming Insurance Audits with WCH's Expert Assistance
6/30/2023
Healthcare providers often encounter insurance audits
that can have significant implications for their contracts with insurance
companies. Failure to resolve ongoing audits can eventually lead to contract
termination or limitations.
Understanding the Impact of
Unresolv...
Navigating BlueCross BlueShield Credentialing: Let WCH Guide You to Success
6/23/2023
BlueCross BlueShield is renowned
for its extensive network of insurance plans, offering a wide range of coverage
options to healthcare providers and patients alike. However, navigating the
credentialing process for specific plans within the BlueCross network can be a
complex task. Th...