subject: HIPAA Medical Coding and Billing [print this page] HIPAA Medical Coding and Billing HIPAA Medical Coding and Billing
HIPAA medical coding and billing ensure absolute confidentiality for all patient and practice information. By utilizing HIPAA medical coding and billing services from reputed outsourcing companies, medical facilities can submit accurate medical bills and claims on time, thereby significantly maximizing their revenue.
HIPAA Medical Coding and Billing for Data Security
HIPPA (Healthcare Insurance Portability and Accountability Act) compliant medical coding and billing companies ensure that all the information that they are entrusted with is extremely secure.
Some of the measures they take include:
Electronic processing and transfer of data via the 256 bit AES encryption method, resulting in greater privacy for all information.
All employees have to adhere to security codes in the workplace.
All computers are password protected
Security measures are in place to ensure the integrity of protected information according to HIPAA guidelines.
The entire workforce of the company is trained in matters of privacy, security, and confidentiality so that services rendered meet HIPAA regulations.
Numerous hospitals, individual practices, nursing clinics, acute care centers, rehabilitation clinics, insurance companies and others in the US benefit from consistent HIPAA medical coding and billing services offered by outsourcing companies. Outsourcing firms are equipped with skilled billing, coding specialists, accountants, auditors and others who are well aware of the latest medical billing norms and coding procedures. Using the latest technology, they process bills and claims in an accurate and timely manner. The major medical billing and coding tasks performed include:
Patient demographic entry
Insurance authorization and verification
Charge entry
Billing and enrollment
Cash posting and reconciliation
CPT, ICD-9 CM, HCPCS coding
Insurance collection
Organized Services Enhance Cash-flow
Well-organized HIPAA medical coding and billing services significantly reduce the managerial responsibilities of the healthcare specialists and enable them to concentrate on their core competencies. Therefore HIPAA compliant medical coding and billing services result in enhanced cash flow.
To avail of HIPAA compliant medical coding and billing services at cost-effective charges, medical practices should outsource their medical coding and billing jobs to a well-established service provider.
