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Optimizing Practice Revenue: The Role of Physician Medical Billing Services
Optimizing Practice Revenue: The Role of Physician Medical Billing Services

Time Business News

time5 days ago

  • Business
  • Time Business News

Optimizing Practice Revenue: The Role of Physician Medical Billing Services

In the intricate landscape of healthcare, physicians face the dual challenge of delivering exceptional patient care while managing the complexities of medical billing. Navigating insurance claims, coding regulations, and reimbursement processes can be overwhelming. This is where physician medical billing services come into play, offering specialized solutions to streamline billing operations and enhance financial performance. Physician medical billing services encompass the comprehensive management of billing processes for medical practices. These services handle tasks such as patient registration, insurance verification, coding, claim submission, payment posting, and follow-ups on denied or unpaid claims. By outsourcing these functions, physicians can focus more on patient care, leaving the administrative intricacies to experts. Improved Revenue Cycle Management: Professional billing services ensure accurate and timely claim submissions, reducing the likelihood of denials and accelerating reimbursements. This leads to a more efficient revenue cycle and improved cash flow for the practice. Expertise in Coding and Compliance: Staying updated with the ever-evolving medical coding standards and compliance regulations is crucial. Billing services employ certified coders who are well-versed in ICD-10, CPT, and HCPCS codes, ensuring that claims are compliant and reducing the risk of audits and penalties. Reduced Administrative Burden: Managing billing in-house requires significant time and resources. Outsourcing these tasks allows medical staff to allocate more time to patient care and other critical functions, enhancing overall productivity. Access to Advanced Technology: Many billing services utilize state-of-the-art software that integrates with electronic health records (EHRs), providing real-time analytics and reporting. This technology aids in tracking financial performance and identifying areas for improvement. Scalability and Flexibility: As a practice grows, its billing needs become more complex. Billing services can scale their operations to accommodate increased patient volumes, ensuring consistent and efficient billing Talent When selecting a physician medical billing service, consider the following factors: Experience and Specialization : Choose a provider with a proven track record in handling billing for your specific medical specialty. : Choose a provider with a proven track record in handling billing for your specific medical specialty. Transparency and Reporting : Ensure the service offers detailed reports and maintains open communication regarding financial performance and claim Billers and Coders (MBC) : Ensure the service offers detailed reports and maintains open communication regarding financial performance and claim Billers and Coders (MBC) Compliance and Security : Verify that the provider adheres to HIPAA regulations and employs robust security measures to protect patient data. : Verify that the provider adheres to HIPAA regulations and employs robust security measures to protect patient data. Customer Support: Opt for a service that offers responsive and knowledgeable support to address any concerns promptly. Physician medical billing services play a pivotal role in enhancing the financial health of medical practices. By entrusting billing operations to specialized professionals, physicians can mitigate errors, ensure compliance, and focus on delivering quality patient care. In an era where efficiency and accuracy are paramount, leveraging the expertise of medical billing services is a strategic move toward sustainable practice growth. TIME BUSINESS NEWS

AI to reshape recruitment, employee well-being by 2040, DGE report
AI to reshape recruitment, employee well-being by 2040, DGE report

Al Etihad

time6 days ago

  • Business
  • Al Etihad

AI to reshape recruitment, employee well-being by 2040, DGE report

29 May 2025 11:12 ABU DHABI (ALETIHAD)AI could soon hire employees, deliver personalised wellness plans and assign tasks, according to a new foresight study by the Department of Government Enablement – Abu Dhabi (DGE). The 'Emerging Trends Report in Talent Management (2024–2040)' highlights 16 disruptive shifts that will define the next generation of public sector work — from AI-powered hiring and XR-based training to decentralised team models and predictive attrition study draws on global horizon scanning and the Futures Platform — a strategic intelligence tool used by governments, corporations and research institutions to track more than 1,000 signals of change across industries. It combines these insights with DGE's internal analysis to help policymakers, HR leaders and employers practically rethink how they recruit, engage and retain talent, aligning workforce planning with future economic and employee Yousef Al Hassan, Director General of Strategic Affairs and Future Foresight at DGE, said: 'In times of unprecedented change, governments can't afford to simply react — we must lead. Spotting trends is the easy part; the real work lies in building systems that prepare our people for what's next. At DGE, we see talent as the foundation of every organisation." She added, "This report is a call to action: to equip our workforce with the skills, mindsets and tools needed to thrive in the future and to put people at the centre of public service transformation.'Unlike typical trend reports, the Emerging Trends Report goes further — showcasing each trend alongside actionable guidance, helping policymakers, HR leaders and employers navigate what is the report is already informing DGE programmes — from AI-powered talent mapping and succession planning tools to predictive analytics for attrition risk and upskilling initiatives such as the AI Accelerator Programme. DGE's AI-powered Objective Builder, for example, is helping align goals across different Abu Dhabi Government entities while cutting administrative efforts and improving main themes — AI and tech, workplace culture and organisational shifts – are identified in the report to help policymakers anticipate disruption and plan for findings from each theme are detailed below: AI & TechTrends identified: AI-powered and predictive hiring, immersive learning through extended reality (XR) and gamified work environments. What it means: AI is reshaping recruitment by providing data-driven decision-making, while mixed-reality technologies are transforming training and employee interaction. Game design elements — such as leaderboards and achievement badges — can boost employee engagement, learning retention and overall workplace productivity. Workplace CultureTrends identified: Decentralised team structures (holacracy) and AI-led support and worker well-being. What it means: Autonomous, self-managed teams are becoming more prevalent, while the shift to well-being programmes will deepen using AI-driven ShiftsTrends identified: Demand for data scientists, prioritising experience over education and the rise of early it means: A growing reliance on AI technologies and data insights is expected to boost demand for data scientists. The waning relevance of higher education degrees is leading to a re-evaluation of existing hiring practices to prioritise relevant skills and achievements. Simultaneously, employees in their 30s and 40s opt out of traditional career paths in pursuit of greater freedom and concepts such as that of collective intelligence also feature, encouraging leaders to stress-test strategies against low-probability, high-impact developments. The report concludes with an interactive tool allowing readers to evaluate each trend's potential impact and uncertainty — helping DGE and other public entities prioritise their response. Looking ahead, DGE will continue to embed these findings into its broader mission — using them to inform educational programmes and digital workforce planning, accelerate AI integration across government services, and build a more agile, resilient public sector. This is being done to foster a talent-driven culture while helping entities attract and retain top talent. This report is the first in a foresight series developed by DGE's Strategic Affairs and Future Foresight function — part of its broader mission to enable the Abu Dhabi Government to operate as a unified, data-driven, and people-centric ecosystem. Source: Aletihad - Abu Dhabi

Aussie's $170,000 per year job with no degree: 'Just fell into'
Aussie's $170,000 per year job with no degree: 'Just fell into'

Yahoo

time22-05-2025

  • Business
  • Yahoo

Aussie's $170,000 per year job with no degree: 'Just fell into'

An Aussie worker stopped on the street in Brisbane has revealed how she "fell into" a career that now pays her an eye-watering $170,000. The best part is that you don't need any formal qualifications to get this job. The woman explained to jobs app GetAhead how she worked for Talent as a recruitment agent. While many high-paying careers need years of tertiary education, this worker disclosed how she ended up here. "Like most in recruitment, I just fell into it," she said. Real estate agent's warning over job that pays $300,000 with no degree: '12-hour days' Major bank warning after ANZ customer left 'dumfounded' by cash issue Forgotten ATO deductions that can boost your tax refund by $974 "I was on SEEK, and I was like, 'I want to get people jobs, that sounds fun'. And eight years later, I'm still doing it." She revealed that her $170,000 per year salary was made up of her base wage and commissions. While the recruiter didn't open up about what her base was, she said her commissions were uncapped. In recruitment, you can receive a commission for every single job that you find for someone. However, in certain sectors like sales, commissions can end up being capped for a variety of reasons, but mainly to ensure the business doesn't lose too much those wanting to get a slice of the recruitment game, the Brisbane worker had one piece of advice. "I would say apply, then pick up the phone and call because so many people hide behind computers now, and recruitment is such an interactive job," she said. "So just get on the phone and follow up." This was backed up by fellow recruiter Tammie Christofis Ballis, who said Gen Z and Millennial workers were particularly immune to being proactive to secure a job. "They want to text," the Realistic Careers worker told Yahoo Finance. "A lot of them say, 'can you email me and let me know that you're ringing'. 'Be an adult, understand that the job market is a competition and if you don't want to be flexible you're going to miss out on an opportunity. It's really that simple.' Not necessarily. Many recruitment agencies will offer on-the-job training to get your head around how you get a person a job. However, some employers might like to see an applicant with the following qualifications or certificates: Have finished Year 12 at high school A Vocational Education and Training (VET) course like a Certificate IV in Human Resource Management (BSB40420) or Diploma of Human Resource Management (BSB50320) A degree such as a Bachelor of Business (Human Resource Management) or something in behavioural science or psychology A training course offered by an industry body, such as the Recruitment, Consulting and Staffing Association Australia & New Zealand (RCSA) or Association of Professional Staffing Companies (APSCo) While these might not necessarily guarantee you a spot, it could give you the framework that would set you apart from someone with no qualifications. Recruitment agency Robert Half said if you have experience in sales, customer service, or human resources positions, then that could help your application "shine" when you apply. As long as you're a people person, have good intuition and good communication skills then you should be able to get a role without any qualifications. According to SEEK, there are currently more than 5,500 recruitment jobs available right now in Australia. The career is set to increase in demand by 13.1 per cent over the next five while retrieving data Sign in to access your portfolio Error while retrieving data

Khelo India Beach Games set to feature about 1000 athletes
Khelo India Beach Games set to feature about 1000 athletes

The Hindu

time15-05-2025

  • Sport
  • The Hindu

Khelo India Beach Games set to feature about 1000 athletes

With the focus on keeping the youth engaged in sports, the Khelo India Beach Games will be held in Diu, Dadra, Nagar Haveli and Daman from May 19 to 24. Organised under the Sports Competition and Talent Development section of the Khelo India Scheme, the Beach Games will feature football, volleyball, sepak takraw, kabaddi, Pencak Silat and open water swimming. Mallakhamb and Tug of War will be demonstration sports. Competition is expected to feature about 1000 athletes from across the country. The government is keen to have fixed venues and a fixed calendar for different Khelo India Games to give talented youth maximum opportunity to gain attention, recognition and get on a pathway to progress. The government is keen to train the best talent across different levels at world-class centres to achieve both the short term and long terms goals of international excellence. The corporate sector has assured support in a big way. The government has categorically stated that it was not just the financial support that it sought to achieve with the collaboration of the corporate world, but to generate a healthy sports ecosystem in the country. To further amplify the intent to support sports, the government is understood to be studying the options of allowing persons of Indian origin to represent the country in sports, in line with the stipulations of the international sports federations. Apart from its drive for, 'play for India', the government is also ready to open its doors to, 'play in India', to encourage smooth conduct of international sports events in the country to further strengthen the ecosystem. The sports ministry is proactive in resolving the conflicts in various national federations so that the sports could get back on track and make meaningful progress.

FIFO worker hits back at $116,000 misconception: ‘Mental and emotional toll'
FIFO worker hits back at $116,000 misconception: ‘Mental and emotional toll'

Yahoo

time15-05-2025

  • Business
  • Yahoo

FIFO worker hits back at $116,000 misconception: ‘Mental and emotional toll'

Australian FIFO workers have pushed back at the perception that they are working 'easy' jobs. FIFO can offer huge pay packets along with perks like free food and accommodation, but there are major trade-offs workers have to make. Taylor Ambrose has worked as a FIFO health and lifestyle coordinator in the mines near Mildura for the past 12 months. The 27-year-old told Yahoo Finance she had received messages from people telling her FIFO was 'literally the easiest job'. One message she received noted workers had their breakfast, lunch and dinner prepared for them each day, plus their room cleaned once a week. They claimed workers just needed to 'get up and go', compared to other workers who have to slog it out commuting into the city to work long days. RELATED FIFO worker exposes brutal reality behind 'best' entry-level job paying $150,000: 'Only lasted a year' Tax, HECS, Medicare: All the major cost-of-living relief coming for millions of Aussies Centrelink Work Bonus offers $4,000 boost to pensioners The average FIFO worker can earn $116,874 per year, according to Talent, but the pay on offer will really depend on your specific job and experience. Some entry-level jobs, for example, driller offsiders, can earn up to $150,000 a year. Ambrose said she thinks the view that FIFO is an 'easy job' likely stems from the financial incentives on offer, along with the structured rosters and extended time off.'From the outside, those aspects can give the impression of a straightforward or even cushy arrangement,' she said. "That said, as with most things, there are layers to the reality." Ambrose said the challenges of FIFO work 'shouldn't be underestimated'. 'Extended time away from family and home comforts, the mental and emotional toll of isolation, and the physical demands of some roles all contribute to a complex working environment,' she said. Ambrose shared a video online about the perception that FIFO jobs are "easy". It sparked conversation amongst FIFO workers, with many pushing back at the claims and noting that workers had to deal with tough working conditions. 'We do seven days a week for two weeks. 12 hour days, up to 50c heat. dust, cyclones, flies…' one wrote. '160 hours plus work a fortnight isn't easy at all,' another said. 'I'd like to see people who haven't done it go and do it for six months, then talk about how easy it is,' a third added. One FIFO worker agreed that the job could 'feel more manageable' compared to working long hours in the city, and the advantages of having meals and accommodation provided meant you had more time to work and could earn more money. But he said the job had its 'own set of challenges'. 'The working conditions in remote environments can be physically and mentally demanding,' he said. 'Extreme heat, flies and isolation can take a toll, and not everyone is suited to this kind of environment. 'FIFO is a lifestyle choice. It doesn't fit everyone's circumstances, and [is] hard on the important things in life, relationships , family etc.' Logan Snooks said he only lasted a year as a FIFO driller offsider because the job was so hard. He was earning a base salary of $101,178 a year, but said it was the "hardest job" he'd ever done and it took a big toll on his body and mental health. The 31-year-old was stationed at sites in Queensland and the Northern Territory and said he spent of lot of his shifts in the baking heat. 'It peaked over 38 degrees, and you're standing in the desert, no trees, and you're standing on a metal platform, pulling rods or feeding rods,' he told Yahoo Finance. On top of that, he said he would be working in "the middle of nowhere", about eight to 12 hours drive from the nearest town. Ambrose said she doesn't think FIFO worth is 'hard' or 'easy'. "It's just different, and success in the FIFO space often comes down to personal fit, personal preference, and an individual's support systems encompassing their physical, mental and emotional supports," she told Yahoo Finance. 'Ultimately, the FIFO model offers both opportunities and challenges, and how it's perceived will depend on an individual experience, values, and expectations." Ambrose said it could be "really hard" being away from friends and family, plus the long 12-hour days came with "fatigue and exhaustion". But, ultimately, she said she was 'forever grateful' for the opportunity to work in the FIFO industry and the benefits it offered her, like extended time off, free food and accommodation, and the ability to meet new people from all walks of life.

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