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Medical Billing Outsourcing: Is It the Solution to Rising Costs?

Premier BPO

Outsourcing firms specialize in medical billing and coding, ensuring compliance with ever-evolving healthcare regulations like HIPAA. Beyond personnel, inefficiencies in claims handling and accounts receivable can significantly impact revenue. Administrative tasks like billing often divert attention from patient care.

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The 10 Best Accounting Software Solutions for Educational Institutions

Planergy Software

Modern Spend Management and Accounts Payable software. Accounting is a pivotal part of day-to-day school operations. Accounting software is a vital tool that helps institutions streamline financial management , maintain regulatory compliance, and improve accountability. What's PLANERGY?

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Top 7 Benefits of Outsourcing Administrative Functions for Insurance Companies

Magellan Solutions

Top 7 Benefits of Outsourcing Administrative Functions for Insurance Companies Insurance companies encounter a variety of challenges nowadays. Increasing client demands, ever-changing regulations, and competition are some of the difficulties. By outsourcing administrative functions, insurance companies can focus on the core tasks.

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Comprehensive Guide to the Equity Accounting Formula

inDinero

The equity accounting formula is a crucial aspect of financial reporting that provides insights into a company’s net worth and financial health. This guide offers a comprehensive overview of equity accounting, from basic principles to advanced applications, catering to beginners and experienced financial professionals.

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Reducing administrative burden in the healthcare industry with AI and interoperability

IBM Services

Establishing a clear interoperability framework is foundational to enabling administrative simplification , one of the five provisions of the Health Insurance Portability and Accountability Act of 1996 (HIPAA). CMS recognizes the importance of FHIR in advancing interoperability and national standards to reduce administrative burden.

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A Bright Start at COP28: Progress and Pledges for a Sustainable Future with Technology as a Key Enabler | Blog

Everest Group

Day 2: The United States takes center stage by addressing methane management as a crucial step for reaching net zero emissions Environmental Protection Agency (EPA) announces regulations on methane leaks The second day of COP28 brought a wave of positive news, particularly from the United States.

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What Is Back Office and Front Office in Business Process Outsourcing?

Premier BPO

Creating new accounts. Back-Office functions within a company consist of the non-customer facing or administrative tasks. For example, internal functions like Human Resources and Accounts Management. Back Office services may consist of but are not limited to: Payroll and Accounting. Administration.