Pharmacy is an integral part of healthcare, and, just like other disciplines of healthcare, it also poses certain billing challenges that may often be difficult to manage internally. Moreover, because certain drugs are excluded from insurance coverage and only a few injections and adjuvant therapies allowed, it may require experts to judge the efficacy either including or excluding the drugs during billing.
To complicate matters further, pharmacy-related reimbursements require multiple levels of data handling and follow-ups as in most cases. Although it is a separate set of medical service and provided from a separate facility, claims are prepared and submitted together by hospitals or nursing homes – either because they come later in the care chain or because it forms a small part of the care services hospitals provide. This joint-claim preparation and submission leads to a greater potential for inaccurate Data handling and denied claims.
Our Iowa medical billers with an experience of more than 10 years in practice management have successfully converted medical procedure into revenues for physicians across Des Moines, Cedar Rapids, Davenport, Sioux City and Iowa City. They have been able to suggest cost cutting strategies and increasing revenues. They are a skilled billers who can get themselves familiar with any specialty or software your practice uses. Our medical billers and coders bill for multiple specialties and also provide a wide range of services.
Some of the functions of medical Billing in which they have shown their expertise are:
Electronic submission of claims
Regular follow up on claims
Mailing patient invoices and statements
Customized monthly financial reports
Efficient Denial management