The financial stability of hospitals and imaging centers is closely associated with prompt billing and reimbursement. Hiring the services of medical billing companies would greatly help healthcare practices improve their revenue. It is fortunate that many established medical billing companies in the US offer consistent radiology medical billing services for hospitals and imaging centers to ensure them better claim reimbursement and an improved cash flow.
Timely Reimbursement of Claims
An experienced medical billing company can provide accurate billing services for hospitals and imaging centers. Using the services a professional billing service provider allows radiology practices and imaging centers to submit error-free medical bills within the specified time frame, and avoid possibilities of claim denial or rejection. Besides maximizing their reimbursement and revenue, they would also be able to save the time and effort needed to perform in-house medical billing procedures. Professional radiology medical billing services also ensure:
- HIPAA complaint medical billing service
- Better security and confidentiality for all data
- Interface with RIS (Radiology Information System)
- Continuous follow-up for unpaid or denied claims
- Fast turnaround time
- Flexible and customized medical billing solutions
- Round-the-clock technical assistance
- Daily, weekly and monthly billing status and practice analysis reports
Core Radiology Medical Billing Services
The billing experts, coders and other related personnel in medical billing companies are well-versed in all matters related to radiology medical billing and the latest norms. They accurately process medical bills and claims using advanced billing software such as Medisoft, NextGen, Misys, Lytec, IDX, Inception, and Eclipse. They can also work on the software specified by the client. The core services that come under radiology medical billing are:
- Patient enrollment
- Scheduling and re-scheduling
- Billing and reconciling of accounts
- Insurance verification
- Referrals
- Coding
- Insurance authorizations
- Payment posting with ERA
- Collections and AR collections
Choosing an Established Service Provider is Important
Professional radiology medical billing services help hospitals, individual radiologists, imaging centers and radiology departments. So facilities that plan to outsource their radiology medical billing tasks should seek the assistance of an established medical billing service provider. This would ensure customized radiology medical billing solutions at competitive prices.
Julie Clements, OSI’s Vice President of Operations, brings a diverse background in healthcare staffing and a robust six-year tenure as the Director of Sales and Marketing at a prestigious 4-star resort.