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Medical Billing and the PPO Plan
Friday, December 21, 2007
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Medical billing is the process of collecting fees for medical services. A medical bill is also called as a claim that has to be collected from the insurance company. There are different types of insurance plans. What is the PPO plan? PPO stands for Preferred Provider Organizations and is today one of the most preferred kind of health care plan. More than 50% of the Americans have chosen to go for the PPO plan. Its popularity is because PPO is a system where doctors and hospitals, have made an agreement with the insurance companies to offer discounted fees to the company's members.
Main advantages of PPO plans include,
- Not mandatory to maintain a Primary Care physician
- Can directly see a specialist without referral
- Freedom to choose own doctor / hospital
The main advantage of going for a PPO plan is that while here you can choose a health service provider from outside the provider list, in a HMO (Health maintenance organizations) the insurance company does not pay for out-of-network services. However one must remember that more freedom will means more expensive medical bills.
There are many types of PPO plans and actual benefits will depend on different factors like,
- Monthly premium amount
- The amount of coinsurance obliged to pay
- Whether treatment from the network/ outside
- Annual deductible amount
For availing professional outsourcing solutions in medical coding, medical billing and medical transcription do contact Outsource Strategies International (OSI) a US based medical transcription company.
Labels: medical billing, medical billing company, Medical Coding, medical transcription, PPO insurance
posted by Outsource Strategies International @ 8:15 PM
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Medical Coding: The ICD-10-PCS (Procedure Coding System)
Procedure codes are numbers or alphanumeric codes used to identify specific health interventions taken by medical professionals. The ICD-10-PCS is a system of medical coding used for procedure codes.
The coding professional world is getting trained and waiting for the implementation of the ICD-10-PCS. Developed by The National Center for Health Statistics (NCHS) this new procedure coding system will be a successor to Volume 3 of ICD-9-CM and a modified version of the original ICD-10. Who is responsible for the implementation of the new coding system? Well it is the World Health Organization (WHO) that gave permission to the NCHS to develop the ICD-10-PCS and only the WHO has to decide on the date when the new system will replace the ICD-9-CM. The ICD-10-CM is the proposed replacement for ICD-9-CM, Volumes 1 & 2. Has the rest of the world also been implementing similar processes? Here is a document on the assessment of the ICD-10 in the South East Asia region from the WHO website http://whqlibdoc.who.int/searo/2002/SEA_HS_220.pdf
Take a look at the NCHS Homepage at http://www.cdc.gov/nchs/Default.htm
Every medical code has seven characters that can be alphanumeric (either alphabets or numbers) These are the characters.
- Section
- Body System
- Root Operation
- Body Part
- Approach
- Device
- Qualifier
Outsource Strategies International (OSI) is a US based medical transcription company that offers professional outsourcing solutions in medical coding, medical billing and medical transcriptionLabels: AAPC 2008 National Medical Coding Conference, ICD-10-PCS, medical billing, Procedure Coding System
posted by Outsource Strategies International @ 6:33 PM
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Links to Medical Billing Software
Thursday, December 20, 2007
Here are a few links to get access to medical billing software
For highly professional outsourcing of your medical billing, medical coding or medical transcription within the US, or to offshore Indian / Philippine locations do contact the Oklahoma based Outsource Strategies International (OSI).
Labels: medical billing, medical billing company, medical billing software, Medical Coding
posted by Outsource Strategies International @ 11:35 PM
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AAPC 2008 National Medical Coding Conference in Orlando
The American Academy of Professional Coders (AAPC) had announced that the Sixteenth National Conference will be held in Orlando, FL from June 8th-11th, 2008. (Please note that another additional annual conference is to be held in Disneyland Hotel January 9 - 12, 2008 and so this would probably be the sixteenth conference and not the Orlando one and registrations have already closed.).
The Orlando conference is said to be a combination of outstanding speakers presenting the most up-to-date coding information and will also be a fun relaxing vacation atmosphere for the whole family. Speakers will include coders, physicians, attorneys, payers, billers, and others.
Registration link:
https://guest.cvent.com/EVENTS/Register/IdentityConfirmation.aspx?e=d723ab71-a4f1-4cf5-bdaa-0c2bad3f3077
Conference agenda is at http://guest.cvent.com/EVENTS/Info/Agenda.aspx?e=d723ab71-a4f1-4cf5-bdaa-0c2bad3f3077
As an attendee you will experience,- Networking with colleagues, physicians and educators
- 70 vendors showcasing latest products
- Over 30 educational sessions
- A gathering of top coding professionals from all over the country
For quick and cost effective solutions in outsourcing medical coding / billing and transcription do contact Outsource Strategies International (OSI) the Oklahoma based medical transcription company.Labels: AAPC, AAPC 2008 National Medical Coding Conference, Medical Coding, Orlando Coding conference
posted by Outsource Strategies International @ 9:49 PM
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Medical Coding / Billing: General Duties and Jobs
Tuesday, December 18, 2007
What are the duties that professional medical coding or medical billing professionals do? Following are some of the duties that may have to be handled by them.
- Insurance benefits presentation to patients / clients
- Administrative work / bookkeeping
- Completion of claim forms
- Medical billing procedure handling
- Signature verification
- Data entry
- Supervision work
- Adhering to the insurance carrier's policies and procedures
- Software based medical data/charts analysis
- Interaction with healthcare providers
- Billing work of insurance companies
- Documentation using the right medical terms
- Scheduling appointments
What are the different jobs and designations that medical coders / billers can get? Depending on the type of work specialization and the employer, these are some of the different job titles the qualified medical coders/ billers work may work under.
- Billing Specialist
- Patient Account Representative
- Electronic Claims Processor
- Billing Coordinator
- Coding Specialist
- Health Information technician
- Claims Analyst
- Reimbursement Specialist
- Claims Assistant
- Professional Medical Collector
- Claims Processor
- Claims Reviewer
Outsource Strategies International (OSI) is a US based outsourcing company that offers professional yet quick and cost effective solutions in medical billing, medical coding and medical transcription.Labels: duties, jobs, medical billing, Medical Coding, medical transcription
posted by Outsource Strategies International @ 9:11 PM
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Medical Coding / Billing and H.C.P.C.S
Medical coding/ billing is today one of the 10 fastest-growing allied health occupations. Medical coding and billing professionals are responsible for submitting the proper documents to the various insurance companies and federal agencies for reimbursement of the medical expenses. Medical coders use special codes to specifically identify outpatient and also inpatient procedures / services and this is very useful for billing of both private as well as public insurance companies.
HCPCS stands for Healthcare Common Procedure Coding System. It is a set of health care procedure codes based on the American Medical Association's Current Procedural Terminology (CPT). See the official website of HCPCS at http://www.cms.hhs.gov/MedHCPCSGenInfo
Established in the year 1978, HCPCS provides a standardized coding system for describing the specific items and services provided in the delivery of health care. This type of coding ensures that insurance claims are processed properly and is needed by Medicare, Medicaid, and other health insurance programs.
HCPCS codes exist in two levels.
- Level I is numerical and consists of the American Medical Association's Current Procedural Terminology (CPT)
- Level II codes are alphanumeric and meant for non-physician health services.
It is very essential for medical coders to keep in touch with the latest codes and changes. This is possible by the use of HCPCS books that contain the complete lists of HCPCS Level II codes with descriptions and guide the medical coder through current modifiers, code changes, additions and deletions.
Outsource Strategies International (OSI) is a US based medical transcription company that offers outsourced services in medical coding, medical billing and medical transcription for clients in the US and worldwide.Labels: HCPCS, Healthcare Common Procedure Coding System, medical billing, Medical Coding, medical transcription
posted by Outsource Strategies International @ 7:45 PM
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Medical Billing and the CPT Codes
Monday, December 17, 2007
By definition medical billing is the process of submitting and following up on claims to insurance companies in order to receive payment for services rendered by health care providers. This is a common process that must be followed by all types of organizations and involves the interaction between the insurance company and the health provider. The patient record must contain a summary of treatment and demographic information related to the patient. What are the various types of details in a patient record? They include,
- Personal information
- Nature of the illness
- Examination details
- List of medication
- Diagnosis details
- Suggested treatment
Now the actual level of service that is given is evaluated for the sake of billing and is translated into a five digit code called CPT (Current Procedural Terminology). The CPT code set accurately describes medical, surgical, and diagnostic services and is designed to communicate uniform information about medical services and procedures among physicians, coders, patients, accreditation organizations, and payers for administrative, financial, and analytical purposes. The current version is the CPT 2007. The present CPT code set is maintained by the AMA (American Medical Association) and CPT is a registered trademark that prevents the free use and distribution of these codes.
There are three types of CPT. They are,
- Category I CPT Code(s)
- Category II CPT Code(s) - Performance Measurement
- Category III CPT Code(s) - Emerging Technology
For availing OSI (Outsource Strategies International) medical billing, medical coding, medical transcription and other services don't hesitate to contact us or call us in our toll free number 1-800-670-2809.Labels: AMA, CPT codes, Current Procedural Terminology, medical billing, Medical Coding
posted by Outsource Strategies International @ 11:25 PM
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Common Medical Billing Problems
Whenever there are problems during a medical bill claim it becomes quite embarrassing leading to stress for the client and others. Hence it is best to avoid mistakes right from the beginning itself. Medical billing and collection errors do occur due to oversight or even incompetence. Some of the common mistakes that cause problems in the medical billing process are listed below.
- Bills are confusing and difficult to understand
- Not consistent billing cycle
- Double billing/ overcharges
- Charges for services not given
- Time constraints
- Credit card payment problems
- Not well filed insurance
- Disputed outstanding bills
- Problem with billing network
- Medical billing software problems
- Denial of care to prepaid insurance coverage
- Taking out very old bills
- Denial of care to children of parents with outstanding balances
- Improper collection practice
- Wrong place, person, address
- Balance owed overlooked
- Failure in credit payment
Outsource Strategies International (OSI) is a US based medical transcription company that offers professional services in medical billing, medical coding and medical transcription.
Labels: insurance bill claim Problems, medical billing, Medical Coding, medical outsourcing, medical transcription
posted by Outsource Strategies International @ 9:42 PM
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Medical Coding: Live Audio Conference on 2008 Updates
The American Academy of Professional Coders (AACP) is now offering audio conferences with various topics throughout the year. Professional coders can get coding education from a qualified presenter while obtaining CEUs (continuing education units) online. During each session one can listen and also interact with the presenters. Each session is worth 1.5 CEUs.
Upcoming schedules:
- December 18th 2007 (Radiology Coding)
- December 19th 2007 (Opthalmology Coding)Update
December 18, 2007 (2008 Update Radiology Specialty Conference)
What will the update cover?
- Can get the skinny on new codes and the latest on the federal government's OIG work plan, fee schedule issues, and instructions on new modifiers for 2008 all targeted to the important 2008 coding and compliance issues of radiology.
- Highlights on the 2008 CPT® and 2008 ICD-9-CM changes.
- For CPT® 2008, there are 242 new codes, 298 revised codes, and 364 deleted codes. These code changes must be implemented by January 1
CPT
Understand the latest CPT code and modifier updates that are specific to radiology with instructions for successfully implementing them into your practice. Learn how these changes will affect your organization, and how you can prepare effectively.
HCPCS Level II
Successfully implement the Medicare rules for new and revised HCPCS Level II codes. BONUS: We also cover ICD-9-CM
Find out how the ICD-9-CM changes (effective Oct. 1, 2007) will alter the way you code and how it affects your reimbursement.
Details on the Ophthalmology conference scheduled for December 19th can be seen at http://www.aapc.com/onlinestore/item-details.aspx?pid=5140&id=141
Conference registration forms can be accessed at http://www.aapc.com/documents/Workshop_Audio%20Reg.pdf
AACP Membership details are at http://www.aapc.com/membership/index.aspx Outsource Strategies International (OSI) is a US based medical transcription company offering professional solutions for medical billing, medical coding and medical transcription outsourcing.
Labels: 2008 coding updates, AACP, CPT codes, Medical coding audio conference, Medical Coding Updates, medical transcription
posted by Outsource Strategies International @ 6:58 PM
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Medical Coding Gold Standard to Be Represented In India
Sunday, December 16, 2007
The American Academy of Professional Coders (AAPC) provides certified credentials to medical coders in physician offices, hospital outpatient facilities, and ambulatory surgical centers and in payer organizations. All members of AAPC agree to a Code of Ethics that ensures high levels of professionalism, integrity and ethical behavior. The three certifications CPC, CPC-H, and CPC-P are the gold standard certifications for medical coding.
Perot Systems is a worldwide provider of information technology services and business solution. AAPC announced that, Perot Systems has been selected to represent AAPC in South India including the south Indian cities of Chennai, Bangalore, and Hyderabad. Thus teaming up with AAPC for representation in South India Perot Systems will be conducting the certifications in South India. There is also American rural coding initiative to serve medical coders in the rural parts of the USA itself.
See the full report at http://www.tradingmarkets.com/.site/news/Stock%20News/884247/
Outsource Strategies International (OSI) is a US based medical transcription company offering both domestic as well as offshore India / Philippines based outsourcing in medical billing, medical coding and medical transcription.
Labels: AAPC, CPC, CPC-H, CPC-P, Medical coding gold standard
posted by Outsource Strategies International @ 11:26 PM
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