Be the first to like this
Is your oncology practice suffering from claim denials and underpayments? If the answer is yes, seeking assistance from a billing company can bring your worries to an end.
Common oncology medical billing services issues:
Compared to any other speciality, oncology has more complicated denied claims which require an effective denial management solution. The 2010 Affordable Care Act has increased administrative and financial pressures for oncologists. With the implementation of new technology, radiation treatments are becoming more complex, affecting coding and billing tasks for oncology.
Reimbursement cuts, regulatory and coding changes, complex RCM processes and compliance issues are some of the problems that affect revenue of oncology practices. Due to time constraint and lack of skilled staff, financial performance of such practices has gone down because it is affecting oncology medical billing and coding tasks.