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Gastroenterology is a focused field of medical service that has evolved dramatically over the past few decades. This in effect is a clear symptom of the changing lifestyle of an average American. Rise in gastric disorders have forced the populace to seek specialized medical attention and this has increased the focus of healthcare sector on Gastroenterology practices. With specific medical codes applying to gastroenterology procedures, billing for a GE practice can be a crucial contributor to clinic profitability. Statistically, most practices only enjoy a claim settlement ratio of 60%-70% and do not follow up effectively for the denied claims. This leads to loss of revenue to the tune of 18% -20% for an average GE practice.
You can reduce claim denials by following these simple steps in your Gastroenterology Medical Billing Services –