Category Archives: Finance Press Release

COMPRESSOR MARKET SIZE, SHARE, TRENDS, DEMAND AND GROWTH FORECAST TO 2023

The global compressor market is growing, due to energy efficiency of compressors, increased automation in plants, variation in pressure supplied, low maintenance requirement, and multiple fuel options. The emergence of next-generation compressed air systems and eco-friendly features of new technologies in the compressors are providing ample opportunities for the growth of the global compressor market in the coming years.

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The Asia-Pacific compressor market is expected to grow with the fastest rate in the coming years, due to increasing infrastructure spending, and growing manufacturing facilities. The compressor markets of Middle East, Africa, and Latin America are also expected to grow in the coming years, due to the growing awareness for eco-friendly products and changing regulatory scenario.

What Are The Benefits of Outsourcing Medical Billing And Coding?

Many practices are skeptical of Outsourcing Medical Billing and coding services because they feel they won’t be in control of their revenue cycle.

What they fail to realize is that if they have partnered with a reputed company such as 247MBS, they cannot only get paid faster and boost revenue but also reduce overhead costs and get more time to focus on delivering quality care.

A good Medical Billing Company will help practices stay in complete control over their cash flow. From improving revenue and offering tangible results to identifying issues and working on them, there are several different ways in which medical billing outsourcing can benefit a medical practice.

Why Is Outsourcing Medical Billing a Good Idea?

Medical Billing outsourcing is a good idea because partnering with a reliable billing company gives practices the access to professional billers and coders.

Billing challenges can take a toll on any practice. So it is always better if a dedicated team of billers and coders are handling this task. This frees up a lot of time for provides to focus on quality care delivery.

Billing companies like 247MBS also help practices reduce their overhead costs and streamline their revenue cycle. They help them identify issues with their billing and revenue cycle and offer solutions to bring their practice back on track.

Why Is Outsourcing Medical Billing a Good Idea?

Medical Billing outsourcing is a good idea because partnering with a reliable billing company gives practices the access to professional billers and coders.

Billing challenges can take a toll on any practice. So it is always better if a dedicated team of billers and coders are handling this task. This frees up a lot of time for provides to focus on quality care delivery.

Billing companies like 247MBS also help practices reduce their overhead costs and streamline their revenue cycle. They help them identify issues with their billing and revenue cycle and offer solutions to bring their practice back on track.

What Are The Quality Checks In Revenue Cycle Management-Medical Billing?

A keen quality check of revenue cycle management is vital if a healthcare provider wants to run a profitable practice.

From defining the goals and staying viable as per the key performance indicators to staying alert about policy and regulatory changes, there is a lot that goes into ensuring that the revenue cycle is streamlined.

Many practices prefer to hire reliable billing partners like 247MBS for this task because it requires time and effort.

Only when a team of professionals are handling your revenue cycle, evaluating every aspect of it and making necessary changes, you can expect to get good returns.

EPC Accounting Introduces Excellent Services to Clients in Toronto and United States

EPC Accounting finally surprises its clients with its accounting services. The company gives people an easy way of achieving its accounting needs. The services are a turning point to more success for clients in Toronto. Clients from the US are also welcome to try the EPC Accounting services. Each client can forget the hassle of doing tax preparation, filing and more.

EPC Accounting serves with quality and reliable service. People in search of an excellent accountant Toronto are welcome to call the company. The company hopes that its services can provide success to its clients.

SOFTWARE DEFINED WIDE AREA NETWORK (SD-WAN) MARKET – TECHNOLOGY, REVENUE, SIZE AND OPPORTUNITIES BY 2023

The global software defined wide area network (SD-WAN market) was valued at $676.9 million in 2017 and is forecasted to witness a CAGR of 54.1% during 2018–2023 and will reach $9,691.0 million by 2023. The demand for cost effective WAN management solutions, increasing adoption of cloud technologies, need for simplified network architecture, end-to-end network security and visibility are driving the market globally.

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How Can Medical Billing And Coding Services Help You Practice Revenue Improvement?

First and foremost, effective medical billing and coding services are required for timely and error-free claim submission. If claims have errors and are not being submitted on time,  practices will face huge revenue loss.

With the resources, manpower and infrastructure of reliable medical billing companies such as 247MBS, providers can not only boost revenue but also save time and deliver quality patient care.

When a practice outsources medical billing services, it get access to a dedicated team of revenue cycle experts who work 24/7 to get them paid on time for rendered services and also reduce claim denials.

How Do Outsourcing Medical Billing Is Good For a Business?

If you are not satisfied with how your in-house billing team is handling your revenue cycle, then outsourcing is certainly a good option. Reputed billing companies such as, 247MBS work with the best of medical billers and coders who are aware of the billing needs and challenges of different practices.

They are not only dedicated to get you paid on time by submitting clean claims but they also remain updated with the latest industry changes to help their clients run a profitable practice. Outsourcing gives you more time to focus on what you do the best- delivering patient care.

What Is A J Code In Medical Billing?

J codes are basically a subset of the HCPCS level II codes that are used by physicians, hospitals and other healthcare professionals who bill for Medicare.

These codes are mainly used for non-orally administered medications, inhalation solutions, chemotherapy and immunosuppressive drugs. Use of a J-code may be accompanies by a procedure-based CPT code of a physician. Also, correct use of this code is necessary when billing for trigger point injections to report the trigger point drug injected.

This calls for having an experienced billing partner like 247MBS that works with specialists trained in assigning the right codes to get practices paid on time.