Outsourcing medical billing_andcoding

  • 225 views
Uploaded on

Outsource medical billing and coding and enjoy maximum claim reimbursement. When outsourcing medical billing and coding to a reliable firm, you benefit from reduced denials and improved revenue. …

Outsource medical billing and coding and enjoy maximum claim reimbursement. When outsourcing medical billing and coding to a reliable firm, you benefit from reduced denials and improved revenue.

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
225
On Slideshare
0
From Embeds
0
Number of Embeds
0

Actions

Shares
Downloads
3
Comments
0
Likes
0

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. Outsourcing Medical Billing and Coding - Reduces Your DenialsOutsourcing your medical billing and coding processes is the best way toreduce denials and enhance reimbursement. There are currently manymedical billing companies that offer these services. When you go formedical billing and coding services, you are assured time and cost savingsin addition to error-free billing and coding.How a Medical Billing and Coding CompanyHelps to Reduce Claim DenialsClaim denials usually result from coding errors.Physicians and their office staff may not havein-depth knowledge regarding complex codingregulations and the requirements of differentpayers. A reliable medical coding companywill have on staff certified medical codingspecialists thoroughly knowledgeable regardingcoding for multiple specialties. They will assignthe correct diagnostic and procedure codes andensure error-free claims. The entire coding is done in strict compliance withNCCI (National Correct Coding Initiatives (NCCI) and Local coverage 1
  • 2. decision and medical policies (LCD) guidelines. This automatically resultsin fewer denials and enhanced revenue for your medical practice. • Medical coding team well-versed in ICD-9, CPT and HCPCS Level II codes for all medical specialties • Clean claims, with 3 level quality assurance procedure to ensure maximum accuracy • The latest medical software is used for accurate coding and billingOutsourcing Saves You Time, Money andEffortOutsourcing of medical billing and coding to a recognized service providercan save your valuable time. You can devote more time to your coreactivities including patient care and enjoy improved patient satisfaction.Outsourcing to dependable medical billing companies also brings costsavings because it is much cheaper than having in-house staff do the samejob, in which case you will have to invest heavily in training programs,software and other requirements. Then you are also freed from the tedioustask of billing and coding and managing your records. Here are some of thebilling services a medical billing and coding company offers: • Patient enrollment (demographics and charges) • Insurance enrollment (for physicians and offices) • Insurance verification 2
  • 3. • Insurance authorizations • Coding and audits • Billing and reconciling of accounts (payment posting) • Account analysis and denial management (EOB analysis) • AR management (insurance and patient)Usually, the medical coding solutions offered include: • Hospital / in-patient coding • Emergency room e-code evaluation • Medical coding audits • Backlog coding resolution services • DRG/ICD-9-CM coding validations • CPT medical coding • ASCs – Ambulatory Surgical Centers Coding • ICD-9 coding based on AMA and CMS guidelinesOutsourcing Companies GuaranteeConfidentiality and SecurityWhen you go for medical billing service from an established firm, you canbe assured that the security and confidentiality of your patient informationwill be strictly maintained. Companies offer HIPAA compliant medicalbilling and coding, flawless claims, reduced denials, regular follow-ups, andtimely reimbursement that will all work together to enhance the revenue ofyour practice. 3
  • 4. For More Information:OutSource Strategies InternationalUnited States Main Office8596 E. 101st Street, Suite HTulsa, OK 74133Phone 800-670-2809http://www.outsourcestrategies.com 4