subject: Medical Coding and Billing for Independent Physicians [print this page] Medical Coding and Billing for Independent Physicians
More and more independent physicians are opting to outsource their medical coding and billing tasks. The medical coding and billing services that recognized outsourcing companies provide independent physicians help them to focus on their core competencies without bothering about the complex medical coding and billing procedures. These services also help independent physicians to submit claims and bills punctually with greater accuracy, significantly maximizes their revenue.
Highly Responsible Medical Coding and Billing Services
Numerous established outsourcing companies in the US are providing efficient medical coding and billing services. Apart from independent physicians, these services are available to rehabilitation clinics, hospitals, long-term care centers, home healthcare agencies, imaging centers, group practices, insurance companies and more.
To enable submission of errorfree medical bills and claims, the outsourcing firms have a talented panel of professionals. Working with advanced technology as well as medical coding and billing software, they process and submit medical bills in a timely manner. The core medical coding and billing services offered to independent physicians include:
Insurance enrollment
Billing and reconciling of accounts
ICD-9, HCPCS and CPT procedural coding
Patient demographic entry
Scheduling and rescheduling
Accounts receivable follow-up
Insurance verification and authorization
Charge entry
Payment posting and collections
Code checking and analysis
Saving Time and Money
By outsourcing their medical coding and billing jobs, independent physicians can save the time, effort and money required for carrying out medical billing and coding tasks within their practice. Efficient medical coding and billing services offer benefits like:
Elimination of claim denials or rejections
Lowering of heavy paperwork
Enhanced efficiency and cash flow
Minimum turnaround time
High-end data confidentiality and security
HIPAA compliance
Regular feedbacks and reports
24 /7 customer support
Reliable Outsourcing Company Makes a Big Difference
As there are many outsourcing firms offering these services, it is essential that independent physicians choose a highly reliable medical coding and billing company that can deliver competent medical coding and billing services at reasonable rates.
