Simple Steps To Increase Your Productivity

So decide NOW! and make it BIG. Make it SCARY! If you are going to live your dream you may as well make it a BIG DREAM. It takes the same amount of energy to dream small as it does to dream big. So don’t waste your energy on small dreams, dream BIG, REALLY BIG! Your dreams should seem to be (at the outset anyway) almost impossible to achieve. So begin today by writing down your life’s dreams and goals. START NOW!

Step 2. – Your Daily Action Plan.

According to Napoleon Hill (Think and Grow Rich) one of the common threads running through practically ALL successful people, is their habit of writing down a daily action plan. So this is how you begin this all important success habit:

a). Every night immediately before going to sleep, write down a list of 6 things you will do tomorrow to move you towards your dream life.

b). Begin working through your list of 6 actions ONE AT A TIME. DO NOT think about the next item on your list until you have finished the present item. DO NOT think about the previous item on your list once you have moved on to the next item.

c). As much as you can, endeavour to finish all 6 items on your daily action plan every day. However, if you don’t, simply move the items you did not complete onto the next days list.

d). Once you begin this, ensure you do it for at least 30 consecutive days (yes even weekends) This way you WILL turn it into a habit.

Just by committing and doing your daily action plan you will be amazed at the difference it can make to your results!

Step 3. – Make Decisions With Confidence.

Wherever you are in life, you can be assured that at some point in time, you had to make a decision about something, you just can’t get away from it, you HAVE TO MAKE DECISIONS IN LIFE!

Now, the difference between winners and losers is: Winners make decisions quickly and very rarely change their minds, whereas losers make decisions slowly and change their minds frequently (I first heard that superbly profound statement from Bob Proctor, a great mentor of mine).

So how do you become a great decision maker? You start from where you are RIGHT NOW! Decide right now to become a successful decision maker. Make your decisions with confidence. Remember that wherever you are in your life, and whatever your results, you will have arrived there as a result of a series of decisions you have made along the way.

Medical Coding Transcription

The diagnoses and actions are normally taken from a mixture of sources within the medical record, it is normally from any of the following,

· transcription of the doctor’s notes

· laboratory results,

· Radiologic results and other sources.

If one is in career of Medical Coding Transcription they deal and handle confidential papers which are important to keep the clients happy.

Many people have made their career in Medical coding transcription, and undoubtedly it proves to be one of the best options as careers. It has given them really good returns.

As mentioned earlier Medical Coding Transcription , is to translate descriptions of diseases, injuries and other conditions into numeric or alphanumeric codes which facilitates in having an effective medical billing procedure.

Health care professions are really benefiting by outsourcing medical transcription reports and medical coding work to firms who are specialist in handling these services effectively and efficiently. As a doctor or physician outsourcing these services to an expert is the right decision which should only be taken after doing a good research on the available options.

The medicals coder and the billers are responsible for reviewing and creating medical records for documentation supporting; they also assign a specific code to a medical condition for better understanding and for future reference.

Error free medical code helps everyone from doctors, clinics and related health-care organizations to get paid faster and better. Most of the medical support services have complete domain awareness, which helps them in providing wide-ranging services.

Medical Coding Transcription includes tens of thousands of service codes, and dozens of modifiers, along with the rules on how they must be used. It serves a number of reporting and data-gathering purposes for public health professionals and is also necessary to billing for patient care services. Almost all the Insurance companies use this data for risk valuation and best calculations.

Medical Supply or Medical Testing Company

Although many experts speak of gloom and doom in the medical industry, the fact is that this industry keeps growing by leaps and bounds. Every year, the demand for medical services, medical testing (e.g. MRI Centers, Testing Centers, etc) and medical supplies keeps getting stronger. This trend is expected to continue as the population ages.

However, even though the growth trend looks good, running a medically related business keeps getting more and more challenging. In the past, doctors and medical suppliers could expect to get large and quick reimbursements for their services. Cash flow was reasonably easy to manage. However, Medicare, Medicaid and 3rd party insurance companies have put in place strict compensation guidelines. These guidelines can be summarized in two simple points: you can look to receive less money than before and you should be prepared to wait longer to get paid.

This creates a financial “perfect storm” for medical industry companies. On one hand, you are getting paid less and waiting longer for your money. On the other hand, your operating expenses remain the same or perhaps are higher. You still need to pay your employees and your suppliers. In almost all cases, this limits your ability to pursue new opportunities and grow your business. In some cases, it may even threaten your ability to continue to operate your business.

Is there a way to “fix” the cash flow problem?

If your business’s main cash flow problem is not being able to afford to wait 30 to 90 days to get paid by insurance companies and Medicare, then factoring your invoices could be the right solution for you.

The factoring proposition is very simple. Factoring is a way of financing, in which a factoring company provides you with advance payments based on your outstanding accounts receivable (or invoices). You get funding as soon as you invoice. The factoring funds it and waits to get paid until the insurance companies or Medicare pay the invoices.

Factoring has advantages over loans and lines of credit. First, factoring financing lines do not have arbitrary limits. The maximum amount of monthly financing is solely determined by your ability to invoice. If your business grows, your financing grows automatically. Also, factoring companies don’t require the same collateral that banks do, so new businesses or doctors’ offices can usually qualify easily.

How does medical work?

The process is fairly simple. Once an agreement is established with a factoring company, it works as follows:

1. Your office submits your weekly (daily or monthly) billings to the insurance company and to Medicare/Medicaid. (note: sometimes this task can be handled by the factor on your behalf)

2. Your office sends a copy of the billings to the factoring company.

3. The factoring company advances you up to 85% of Net Collectables within 48 hours. Funds are sent by wire or direct deposit. The remaining 15% is called a “reserve” and used to settle billing discrepancies at time of payment. This is returned to you once the invoices are paid.

4. The factoring company waits to be paid by the insurance company or Medicare/Medicaid.

5. Once the factoring company is paid, they settle out the transaction and rebate you the remaining 15%, less their fee.