Medical Billing Solutions Help to Handle Reforms and Improve Quality

by | Last updated Jun 13, 2023 | Published on Apr 13, 2012 | Medical Billing

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Medical billing is an essential yet complicated aspect pertaining to the finances of a healthcare practice. The more efficiently this process is carried out, the greater the revenue your practice can expect to earn. The process becomes all the more difficult with changing regulations and guidelines pertaining to healthcare documentation such as:

  • ICD-10 coding implementation
  • Adherence to HIPAA 5010
  • Conversion of paper patient medical records to digital ones
  • Meaningful utilization of EHRs (Electronic Health Records)

Outsourcing is Ideal

Your in-house team may already have a lot of administrative responsibilities to look after. As such, adhering to these regulations and guidelines and keeping up-to-date with changes pertaining to the medical billing industry may not be easy. Opting for professional medical billing services is a wise decision as the experts delivering these services would focus on keeping to industry standards and following regulations.

Providers of professional outsourcing solutions for healthcare billing can also offer better quality than that achievable in-house. This is possible because most established companies have a multi-level quality control process in place aimed at a 99 percent accuracy rate, error tracking, efficient analyses, reporting, and prompt resubmission of claims or follow-up on rejected claims. In a busy healthcare practice, the in-house staff would find these tasks difficult and monotonous, especially because there are other pressing matters than need attention.

Take a Step in the Right Direction

Outsourcing your medical billing is definitely a step in the right direction and can help your healthcare practice gain that much-needed competitive edge.

  • Natalie Tornese
    Natalie Tornese
    CPC: Director of Revenue Cycle Management

    Natalie joined MOS’ Revenue Cycle Management Division in October 2011. She brings twenty five years of hands on management experience to the company.

  • Meghann Drella
    Meghann Drella
    CPC: Senior Solutions Manager: Practice and RCM

    Meghann joined MOS’ Revenue Cycle Management Division in February of 2013. She is CPC certified with the American Academy of Professional Coders (AAPC).

  • Amber Darst
    Amber Darst
    Solutions Manager: Practice and RCM

    Hired for her dental expertise, Amber brings a wealth of knowledge and understanding of the dental revenue cycle management (RCM) services to MOS.

  • Loralee Kapp
    Loralee Kapp
    Solutions Manager: Practice and RCM

    Loralee joined MOS’ Revenue Cycle Management Division in October 2021. She has over five years of experience in medical coding and Health Information Management practices.