Similar to other healthcare specialties, an expansion of business has not just brought additional revenues and possibilities but also responsibilities, some of which Teleradiologists could do without:
- Teleradiology, given its data-centric nature, is covered under HIPAA which involves negotiating an intricate maze of medical and nonmedical data to prepare claims and then submit them electronically, which exposes them to considerable risk of claim rejection due to error in handling data
- What further adds to their overhead is that the state laws governing medical malpractice insurance coverage varies from state to state
- Additionally, HIPAA regulations requires Teleradiologists to put in place several IT security related measures to be in compliance
- Time spent on administrative activities, rejected claims and arranging for IT security together leads to misuse of resources and unpaid services, affecting their revenues
Outsourcing Teleradiology Billing to MBC
MBC’s billing and coding services provide you with an end-to-end solution, starting from insurance coverage verification through claim preparation and submission to post submission follow-ups, sparing you the time and effort you spend performing these activities and leaving you to do what you do best.
Providers in Delaware are closely monitoring medical billing processes as a means to increase revenue and minimize their A/R days. Our billers in Delaware are a experienced and specialized in servicing multiple specialties and complex denials. Their presence in all major cities like Wilmington, Dover, Newark, Pike creek and Bear makes them accessible to your practice. They have acquired their knowledge and experience over the years by creating seamless medical billing processes.
They leverage their knowledge across the below functions of medical billing to increase efficiency and revenue for practices:
Electronic claims submission and demographic entry of data
Credentialing of physicians if required
Accounts receivables management
Generating financial reports