subject: Outsourcing Medical Billing and Coding Services [print this page] Outsourcing Medical Billing and Coding Services
In the present business scenario, outsourcing medical billing and coding jobs to providers of these services has become a necessity in the healthcare industry. Majority of the healthcare facilities are facing financial crisis due to under pricing, under coding, or missed charges. By outsourcing your medical billing requirements, you can make a big difference in the way in which your healthcare organization functions.
Are you fed up with increasing denials, ever-increasing operating costs, and declining reimbursements? Are you confused about the continuously changing billing codes? Is your medical billing process eating into your valuable time? Then outsourcing your medical billing and coding tasks is the best solution to all your problems. It can make your medical practice more efficient.
By outsourcing medical billing and coding, you can
Eliminate all the tedious medical billing and coding tasks
Reduce medical billing costs
Reduce operating costs and improve coding accuracy
Cut down denials
Get paid faster
Increase reimbursement
Enhance your office efficiency
Save your valuable time
Are you looking for medical billing and coding specialists that would ensure time as well as cost savings? If so, there is a wide range of professional medical billing firms that can provide you with the state-of-the-art medical billing and coding services. Typically, the medical billing process includes:
Patient Enrollment
Insurance Enrollment
Insurance Eligibility Verification
Charge Entry
Submission of Claims
Accounts receivables follow-up
Payment Posting
Denial Analysis
Scheduling and rescheduling
Accounts Receivables Management
Report maintenance
When providing medical coding services, the coding specialists scan patient records and assign codes according to the medical diagnosis and specialty. Some of the medical coding services provided by the medical billing and coding companies include hospital/inpatient coding, emergency room e-code evaluation, medical coding audits, DRG/ICD-9-CM coding validations, payer specific coding requirements and CPT Coding.
Medical billing and coding service providers support almost all medical specialties including chiropractic, cardiology, pediatrics, dentistry, radiology, dermatology, nuclear medicine, family practice, general surgery, oral and maxillofacial surgery, occupational therapy, pain management, and more.
