ImagineSoftware Medical Billing Blog

The Future of Medical Billing in 2019: 5 Trends You Should Consider Now

2018 has been an overwhelming year for healthcare providers. We have witnessed patients become one of the biggest payers, giant leaps in automation and artificial intelligence in medical billing, the shift to value-based care, and the rise in outsourced medical billing. It’s more important than ever to embrace these changes in a way that benefit your revenue cycle. So what is a new trend in medical billing and coding? Let’s discuss…
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5 Key Issues with Medical Billing in the Revenue Cycle Management (RCM) Process

Let’s face it: medical billing has problems—serious problems. Decision makers and billing managers alike are facing old challenges in manual processes, along with new pressure to reduce costs. But there’s good news! Some of the biggest issues are the easiest to address. In this article, we will cover the current realities of the medical revenue cycle management (RCM) process, some key issues affecting medical billing workflows today, and steps you…
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RadNet Management Inc - Scalability, Reporting, and Patient Payment Portals for Radiology Billing

Back in May, ImagineSoftware held our 2018 Client Conference in Charlotte, NC. Every year, our customers graciously travel from across the country for three days of education, collaboration, and fun with the team. It's a great opportunity for us to see our clients face-to-face and to learn what challenges led them to selecting Imagine as their medical billing software provider. That insight helps us grow as a company to better…
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8 Medical Billing Key Performance Indicators You Should Be Tracking in 2018

Today's billing landscape is not an easy one to navigate for many medical practices. The transition to value-based care and rising patient responsibility make the management of day-to-day operations even more challenging. Now more than ever, it's critical to regularly measure the financial health of your practice and if your staff is performing at peak efficiency. Key Performance Indicators (KPIs) help physicians and management understand the strengths and weaknesses of…
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3 Reasons You Should Offer Patient Payment Plans

The transition from volume-based to value-based care will have a monumental impact on what it means to be competitive in healthcare. There’s a growing interest in the convenience of digital communication, patient payment plans, and more options for paying healthcare bills online with an increasing financial responsibility falling on patients' shoulders.
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11 Things to Know About ICD-11

The countdown begins! The World Health Organization (WHO) recently announced the expected release of the International Classification of Diseases, Eleventh Edition (ICD-11), and some of the major changes that will follow. The World Health Assembly meets to accept the proposed version in May 2019, and the WHO effective date for ICD-11 is January 1, 2022. You may be thinking, "Jenna, why are you telling us about this when we don't…
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Pollux Systems Inc - Multi-Specialty Billing, Automation and Global Healthcare Reporting

A few weeks ago, we held our 2018 Client Conference in Charlotte, NC. Our customers traveled from all across the country to join us for three days of in-depth sessions, collaboration, and a little fun with the Imagine Team. I had the opportunity to interview clients representing companies of all shapes and sizes. I love meeting customers face-to-face and hearing about their experiences with ImagineSoftware. I learned about what they…
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A Model Legislation for Women: Coverage and Payment of 3D Mammography

On June 1, 2018, House Bill number 1252 was passed in Missouri, bringing great promise for female patients all over the country. The new law requires coverage and payment of 3D mammography (also known as Tomosynthesis) beginning on January 1, 2019 and includes the following: A mammogram every year for women age forty or over A mammogram for every woman, upon the recommendation of a physician, here such woman, her…
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4 Tips For Boosting Medical Billing Reimbursement

Speed and accuracy. What all medical practices and billing companies strive for, which seems to be the opposite of healthcare reform with the introduction of time-consuming value-based compensation models. On top of that, failure to stay up to date with billing rules and regulations result in major billing errors, which means less revenue and unhappy patients. So, how do you avoid these billing errors and accelerate your collections performance? Here…
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Emergency Medicine FOAM: How To Navigate And Participate

As an employee for a medical technology company, I had never heard of the term FOAM until I started following GomerBlog on Twitter (Who you should follow if you don’t already, he’s hilarious.) GomerBlog uses the hashtag #FOAMed after almost every one of his satirical tweets. At first I thought it was a term he coined for his content, but I quickly realized it was bigger than that after I…
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Sam Khashman, ImagineSoftware CEO, accepted into Forbes Technology Council

Sam Khashman, ImagineSoftware CEO, a leading provider of billing automation and revenue cycle management solutions, has been accepted into the Forbes Technology Council, an invitation-only community for world-class CIOs, CTOs, and technology executives. Sam Khashman joins Forbes Tech Council members, who are hand-selected to become part of a curated network of successful peers and gain access to a variety of exclusive benefits and resources, including the opportunity to submit thought leadership…
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The Best Of Charlotte: As Told By The Imagine Team

Now that it’s only a few weeks away, the office is buzzing with talk of the 2018 Client Conference. After things got a little heated last year (Get it… because the air conditioning went out? Too soon?) we’re eager to once again host our clients in our hometown and show them what the Queen City is really made of. For many of you that attended the 2017 Client Conference, it…
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