Medical Coding and Billing to Medical Practices in the US
Medical Coding and Billing to Medical Practices in the US
Medical coding and billing is all about helping medical practices handle their administrative tasks efficiently. Many medical facilities in the US, including multi-specialty hospitals, rehab clinics, individual practices, acute care clinics and long-term healthcare agencies benefit greatly by outsourcing their medical billing and coding tasks. Using advanced technologies and capabilities, they virtually handle all these complex tasks in a very cost-effective manner.
Certified Medical Coding Professionals
Professional outsourcing companies have certified coders with hands-on knowledge in the latest coding rubrics, rules and conventions. They are AAPC (American Association of Professional Coders) credentialed and experienced in coding protocols such as ICD-9 and 10, HCPCS, and CPT. Their coding tasks cover chart notes, fee slips, encounter forms, charge sheets and transcriptions.
Full Cycle Medical Billing Service
Medical billing services that professional service providers offer cover patient record setup, patient billing, electronic and manual medical claims filing, insurance follow up, insurance collection service, accounts receivable management, claims posting to patient record update and online financial reporting tasks. Medical practices can do away with the need to appoint staff to do medical billing in-house. Other benefits that come along with these services include:
Reduced billing and insurance errors
Maximized reimbursement and productivity
Less in-facility administrative workload
No upfront costs
Electronic processing of medical claims
Faster processing with quicker payment resolution
Fast turnaround time
Need to Ensure HIPAA Compliance
Medical practices should ensure that the medical coding and billing service provider that they hire is HIPAA compliant so as to ensure 100% confidentiality of patient information. The advantage of HIPAA Complaint Medical Billing Software is that it can be customized to meet the needs of the medical practice.
Medical Coding and Billing – OSI provides a comprehensive suite of medical billing and coding outsourcing services such as medical billing and collections, medical coding, insurance verifications and more.