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The Impact of COVID-19 Pandemic on Medical Billing

October 1, 2020

The COVID-19 pandemic has had a massive impact on all aspects of daily life, safety, and financial and emotional well being. The impact of COVID-19 on medical billing is significant as well as you must now adjust to new billing and payment tracking updates while striving to continue to provide stellar service to your patients.

The COVID-19 Pandemic has created the following medical billing challenges:

  • new tracking and billing updates
  • lack of resources strains healthcare practice
  • an increase in the number of denied claims
  • states are taking action to protect against surprise medical billing
  • revenue cycle impacts

IOU Billing Blog Post

This article is provided by IOU Billing for general informational purposes only and does not constitute legal, compliance, coding, or reimbursement advice. Payer rules, Medicaid requirements, and billing regulations change frequently and vary by state and plan, so providers should verify current requirements with the applicable payer or a qualified professional before acting on any information here.