Tag: healthcare industry

NPI Registry Updates: Staying Informed And Compliant With Regulatory Changes in 2024

Tips

The medical billing and claims process is often considered complete when it has the NPI number attached to it. If you have medical insurance and are planning to submit it to Medicaid and Medicare, you need to enter an accurate NPI amongst other health plans. Otherwise, no payments will be made to you. Now, if you are coming across this term for the first time, it is natural to feel confused. The NPI number, which is expended as the National Provider Identifier, is a unique identification number provided to healthcare organizations and providers in the United States. The NPI concept was introduced in 1996 and has played a major role in improving the entry and maintenance of people’s electronic health records. It forms a part of the HIPPA, which expands as the Health Insurance Portability and Accountability Act. HIPPA has guidelines that all individuals, businesses, and healthcare agencies transmitting their patients’ information in an electrical format related to any transaction should have an NPI number. Hence, NPI Registry becomes important. Use Of The NPI Number The NPI is a unique 10-position numeric identifier, and it is used in all healthcare plans for financial and administrative transactions. The health plans assign unique ID […]

» Read more
Leave a comment , , , , ,

How Online Pharmacies Have Changed the Healthcare Industry

Health Facts

Online pharmacies are a growing trend in the healthcare industry. They offer convenience and privacy to patients who may not feel comfortable going to a physical pharmacy. They also offer competitive prices for medications. However, online pharmacies have also created some challenges for the healthcare industry. The History of Online Pharmacies The online pharmacy industry has come a long way since its humble beginnings in the early 1990s. What started as a small, niche market has now become a multi-billion dollar industry that is changing the way healthcare is delivered around the world. Here is a brief history of how online pharmacies have changed the healthcare industry. As the online pharmacy industry grew, so did the competition. More and more companies entered the market, offering lower prices and more selection than ever before. This led to a consolidation of the industry, with a few large players emerging as the leaders in the space. Today, online pharmacies are an essential part of the healthcare landscape. They offer patients convenient access to medications that they might not be able to get otherwise. In many cases, they also provide significant discounts on drugs, making them an affordable option for patients who are on […]

» Read more
Leave a comment , , , , , ,

How Mobile Technology Is Changing The Healthcare Industry

Health Solutions, technology

Technology has been improving and upgrading over the last ten years drastically, so it is no wonder that it has made its impact on the healthcare industry as well. Starting with mobile phones and tablets to smartwatches, both patients and doctors can have proper full control and everything just one click away! The best perk is improved patient engagement and happier patients, and who wouldn’t want that?! If you wish to know how mobile technology has made its impact keep on reading and find out down below! What is mobile healthcare technology? Ever since the Covid-19 era people had to think big, upgrade and try out new ways that can work while being available at distance. Taking care of your health is not always possible and not everyone can head out to their nearest clinic. Some people are too old to move, others don’t have healthcare, and so on. This is why nowadays mobile healthcare technology encompasses everything from healthcare apps to electronic healthcare records to home healthcare. In fact, you can download and access a ton of different kinds of health apps that can monitor your signs or a patient’s vital signs remotely. Mobile healthcare means going digitally and […]

» Read more
Leave a comment , , , , , , ,

4 Fastest Growing Sectors In Healthcare

Health Solutions
healthcare

It’s no secret the healthcare industry is booming alongside the elderly population of the U.S. In fact, according to the Center for Medicare and Medicaid services, the U.S. will soon spend nearly 20% of its gross domestic product on health care.  The healthcare industry also added more jobs than any other industry in the U.S during both 2018 and 2019 and is expected to continue its growth trend with a 6.6% compound annual growth rate over the next four years.  It’s clear boomers need for healthcare means big business for the younger generations. Investors, workers and entrepreneurs alike are flocking to healthcare to start their businesses and careers. But many are wondering what sector of healthcare may be the best to join? Here are five of the fastest-growing sectors in healthcare to help all your future business owners, doctors, nurses or investors decide the best place to put your time and money.  Hospital Care As the boomer generation ages, the need for hospital care continues to rise. The number of Americans aged 65 or over has never been this high. In fact, there are over 45 million seniors over the age of 65 in the U.S today and that number […]

» Read more
Leave a comment ,