Medical
Billing and Coding Services
Medical
Billing and Coding Services consists of optimizing your success is to
aggressively improve all areas of your medical practice financial health
maximizing reimbursements, accelerating cash flow and reducing cost. Medical
billing with higher number of self-pay patients and the increasing
complexities of legislative mandates, your practice is at a greater risk for
repeated denials, revenue shortfalls, and compliance issues. Our closed-loop
process is seamlessly integrated with your billing system to ensure the highest
degree of data integrity. The medical professionals are only increasing their
exposure to risk without particular and dedicated expertise, focus, and an
infrastructure to support the medical
billing and coding services.
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Medical Billing and Coding Services |
Medical
coding and billing is intricate, complicated and highly-visible, with even the
slightest coding error or backlog causing a slowdown in cash flow and increase
in accounts receivable. Healthcare
providers submit medical claims to the insurance carrier and manage the
complete claim process. Medical
billing services on revenue cycle management they obtain a comprehensive
range of billing services designed to maximize revenue and opportunities for
reimbursement. Medical
billing and coding process is complicated as different entities
administrations share the accountability of releasing payment for the patient’s
treatment. The business of medical
billing and coding services ensures that practice revenue is expertly
managed so that our doctors can focus on patient care and practicing medicine.
Services
used in Medical Billing and Coding
·
Electronic claim processing
·
Electronic health records
·
Payment posting
·
Posting charges and payments
·
Semi-annual E/M chart review
·
Superior payer accountability management
·
Patient statement
·
Reporting
·
A/R follow-up and denial management
·
Benchmarking
·
Patient demographics
·
Scheduling
·
Monthly reporting and financial review
·
Follow-up including writing appeals
·
Physician credentialing
·
Patient registration
·
Eligibility verification
·
Patient statement generation
·
IT conversion projects
·
Revenue cycle management
·
Insurance verification
·
Coding and abstracting
·
Aggressive insurance collections
·
Provide temporary staffing assistance.
Benefits of Medical Billing and Coding
·
Improve your cash flow
·
Reduce payer denials
·
Reduce call volume
·
Reduce record storage space
·
Increase in cash flow and improvement in claims
submission
·
Reduce errors
·
Optimized revenue possible
·
Focus on patient care not billing
·
Reduce staff size and employees expenses
·
Eliminate medical billing headaches
·
Reduce staffing liabilities
·
Received detailed reports
·
Collect more money faster
·
Reduction in cost and administrative burden
·
Compliance risk is reduced
·
Eliminate provider/patient payment discussion
·
Eliminate training costs
·
No cash-flow interruptions due to staff turnover
·
Seamless integration with medical billing
system.
More Information
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