It is now common practice for flourishing medical practices to outsource their billing and coding services to professionals in the field. Proper and timely management of these tasks allow individual doctors and physicians to focus on their core tasks and ensure financial stability.
Quality Medical Billing Services for All Your Billing Needs
Medical billing services reduce your workload by managing all your billing tasks efficiently. They ensure the validity of claims and ensure claim submission to payers in accordance with all policies and procedures, which may differ between paying companies.
Medical billing service providers make use of the latest tools and techniques to speed up their billing procedures. The billing services take care of all aspects of billing including:
- Patient enrollment
- Demographic entry
- Insurance enrollment
- Scheduling
- Billing and reconciling of accounts
- Insurance verification
- Insurance authorizations
- Collections management
- AR follow-up
Reliable and Accurate Medical Coding Results
When it comes to medical coding, accuracy and clarity of results have great relevance. Service providers have a team certified and highly skilled coders well-versed in intricate coding techniques. They follow electronic documentation methods to ensure accuracy of results. The use of advanced software like Flash Code Software, Ingenix Software and AMA are used to code the patient’s medical document electronically. This improves medical coding accuracy, and eliminates audit risks and claim submission delays. Medical coding services cover:
- Hospital/inpatient coding
- Emergency room e-code evaluation
- Medical coding audits
- Payer specific coding requirements
- DRG/ICD-9-CM coding validations
- CPT coding
Avoids Potential Problems
Outsourcing medical billing and coding tasks to outsourcing companies is ideal for individual doctors and physicians to maintain financial stability. Moreover, this is also necessary to avoid duplication and other coding errors which would lead to serious problems for medical practices
Rajeev Rajagopal, the President of OSI, has a wealth of experience as a healthcare business consultant in the United States. He has a keen understanding of current medical billing and coding standards.