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Medical Billing and Coding Companies Help Healthcare Practices Focus on Core Tasks

By Outsource Strategies International Subscribe to RSS | June 19th 2012 | Views:

Medical billing and coding services are a great support to healthcare practices, taking care of all necessary paperwork and in that way streamlining office functions. With medical billing services from a reliable partner, medical professionals can focus on their core functions instead of worrying about the routine medical coding and billing processes.

Before medical billing outsourcing caught on in such a big way, healthcare practices had to deal with non-core functions such as medical coding, medical billing, and claims processing. These tasks naturally consumed a lot of valuable time as well as resources. However, by outsourcing these medical billing and coding processes to a medical billing company, health care practices can focus on their primary concern - patient care. Outsourcing can make your medical practice more efficient.

Apart from allowing physicians to focus on core tasks, medical billing companies help physicians submit medical bills and insurance claims on time, thus increasing their reimbursements; reducing the number of denied claims; providing on time payment for all of the services the medical professionals offer; improving office efficiency; improving cash flow and profitability; saving resources; simplifying workflow and more.

Services Available

Listed here are some of the main services provided by a medical billing and coding service provider.

•Patient statement creation and mailing

•Patient information collection and analysis

•Medical insurance claims processing

•Solving the billing queries personally

•Continuous monitoring and follow up of rejected claims

•Insurance verification and insurance authorization

•Customized reporting to track business activity and productivity

•Providing on time payment for all of the services they provide

•Payment plan setup

•Credit bureau reporting

•Generating reports with details of payments and claims, which helps you adjust your billing practices and improve cash flow

•Continuous evaluation of accounts

•Providing regular quality checks

•Charge entry

•Cash posting and reconciliation

•Analysis and recommendations

•Scheduling and rescheduling

•AR collections

•24/7 customer support and technical assistance

•DRG/ICD-9- CM coding

•HCPCS coding validations

•Emergency room e-code evaluation

•CPT coding, medical coding audits and more

Enjoy the Benefits of Working with a Good Team

To ensure professional medical billing and coding services, medical billing companies have a team of billing experts, AAPC certified coders, quality controllers, and other technical staff on the job. They make use of state-of-the-art technology and advanced software to deliver billing services in line with current medical reimbursement norms and HIPAA regulations.

To summarize, with the support of medical billing and coding services, healthcare professionals can completely focus on the health and well-being of their patients.

Outsource Strategies International - About Author:
Outsource Strategies International (OSI) is a leading healthcare business process outsourcing company based in Tulsa, Oklahoma, focused on providing reliable medical billing and coding services.

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