Medical billing and coding is a critical service for healthcare practitioners. Accurate billing and coding is vital to be properly reimbursed for services they provide. Online medical billing and medical coding solutions are a great support to healthcare practices, taking care of all necessary paperwork and in that way streamlining office functions. It is found beneficial to hospitals, physician groups, freestanding diagnostic facilities, clinics, multi-specialty groups, long term care facilities, acute care facilities and many others.
Medical Billing and Medical Coding: Process Involved
Online medical billing and coding process involves the submission of medical claims to insurance companies for reimbursement of healthcare services provided by the medical practitioner. It also requires regular follow-up on claims as it may otherwise take days, weeks or even more time for the same to process. Flawless medical billing services and medical coding services facilitate the smooth functioning of healthcare practices and boost their revenue inflow.
Medical Billing and Coding: Services Offered
The medical billing services provided include: patient enrollment, insurance enrollment, insurance eligibility verification, charge entry, submission of claims, accounts receivable follow-up, payment posting, denial analysis, scheduling and rescheduling, accounts receivable management, report maintenance and more. Hospital/inpatient coding, medical coding audits, emergency room e-code evaluation, DRG/ICD-9-CM coding validations and CPT coding are some of the medical coding services.
In online medical billing and medical coding process, healthcare providers are allowed to access the medical information of any patient from anywhere with the support of an internet connection.
Security and confidentiality of medical data are ensured by providers of online medical billing and medical coding services. Another advantage of online medical billing and coding services is that there is no need to install software or heavy cost servers. The medical practitioner can check the status of the claim or access billing reports at any time and anywhere they want.
Outsource Medical Billing and Coding Needs to a Professional Billing Firm
Healthcare practices that do not have time to spare for medical billing and medical coding can outsource these needs to a medical billing company. By outsourcing you can prevent the hassle of training and updating the staff with the changes in the norms. Today, there are a number of medical billing and coding firms that provide reliable and efficient online services. These firms have highly skilled billing specialists and coders with excellent knowledge in the latest billing and coding regulations. They ensure quick reimbursement of the medical claims submitted to payers and follow-up on delayed and denied claims.