Understanding the ICD-10 Code for Abnormal EKG (R94.31)
Electrocardiograms (EKGs or ECGs) are a critical diagnostic tool in healthcare, offering a window into the heart’s electrical activity. They play a vital role in detecting and managing heart conditions early. If you’ve encountered the term “ICD-10 code for abnormal EKG,” you’re likely looking to understand what it signifies, when it’s used, and why it’s […]
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Hospital Billing vs Professional Billing: What’s the Difference?
Ever stared at a medical bill and wondered why healthcare billing feels like rocket science? You’re not alone. Most healthcare providers get confused between hospital billing and professional billing – and honestly, who can blame them? Let’s clear this up once and for all, in plain English. Hospital Billing: It’s All About the “Where” Think […]
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Top Occurrence Codes Used in SNF Billing: A Comprehensive Guide for Healthcare Providers
In the world of healthcare billing, Skilled Nursing Facilities (SNFs) face unique challenges when it comes to accurate claim submissions. One critical aspect that often determines the success of Medicare reimbursements is the proper use of occurrence codes. These codes help document key events in a patient’s care journey, ensuring compliance with Medicare guidelines and […]
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What is Assignment of Benefits (AOB) in Medical Billing?
If you’ve ever dealt with insurance claims, you already know—it’s not for the faint of heart. The back-and-forth, the paperwork, the waiting… It’s a grind. But there’s one little document that can turn the whole game in your favor: the Assignment of Benefits, or AOB. At Thrive Medical Billing, we’ve seen how this single form […]
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What Are the Benefits of Outsourcing Revenue Cycle Management?
Why smart practices are handing over their billing—and finally sleeping better at night. Managing your own revenue cycle might feel like staying in control. But if you’re constantly chasing payments, reworking denied claims, or trying to decode why cash flow feels off—you’re not in control. You’re stuck. For many practices, outsourcing revenue cycle management (RCM) […]
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What is Explanation of Remittance (EOR) in Medical Billing?
In the world of medical billing, acronyms are everywhere. You’re probably familiar with EOBs (Explanation of Benefits), but what about EORs? If you’ve come across the term “EOR,” you’re on your way to understanding a crucial part of the revenue cycle. While EOR is often used alongside the more common ERA (Electronic Remittance Advice), both […]
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Ultimate Guide to Verification of Benefits (VOB) in Medical Billing
It can be hard to figure out how to deal with medical bills, especially when it comes to figuring out how to verify insurance. Verification of Benefits (VOB) is an important part of this process. We’ll talk about what VOB is, why it’s important, and how it fits into the bigger picture of medical billing […]
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Why Your Practice Needs MD Billing and Consulting
Efficient md billing and consulting are critical for keeping medical practices financially secure and operationally streamlined. As regulations become more complex, managing claim submission, coding, and revenue cycle management can challenge even the most capable teams. Outsourcing to a professional medical billing company, like Thrive Medical Billing, gives your practice a competitive edge by refining […]
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What is POS 32 in Medical Billing?
In the intricate world of medical billing, accuracy is non-negotiable. Every detail, from diagnosis codes to procedure codes, plays a pivotal role in ensuring healthcare providers are reimbursed correctly for their services. One such critical detail is the Place of Service (POS) code. POS codes are two-digit numeric codes that indicate where a healthcare service […]
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What is POS 81 in Medical Billing?
In the complex world of medical billing, accuracy is everything. Place of Service (POS) codes play a critical role in ensuring claims are processed correctly, directly impacting reimbursement and compliance. Among these, POS 81 stands out for independent laboratories, as it specifies where diagnostic and clinical tests are performed. This guide explores POS 81 in […]
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