Components & challenges of Radiation-Oncology billing
Cancer being among the most common ailments in the US, radiation oncology is one of the most used medical services in the US with care providers of all types (independent practitioners to hospitals) involved in it. This means a sizable amount of medical resources (money and medical effort) spent on healthcare in the US is claimed by radiation oncology. Alas, most part of it goes unrealized given the demanding nature of insurance procedures.
The radiation oncology insurance procedure involves patient registering, charge entry, claim generation and transmission, payment posting, making appeals for denials and incorrect claims and collection management – and electronic submission of claims to be HIPPA compliant.
Unfortunately, successful reimbursement of a radiation oncology episode requires more than careful adherence to policies, accurate handling of details and ability to transfer data electronically, it also needs:
- Thorough understanding of how much coverage Medicare plan entitles you to (there are three of them Plan A, B and C)
- Establishing whether the oncology treatment was medically necessary and recommended by a licensed physician
Massachusetts, the state with one of the highest taxes is considered one of the most affluent states, but the cost of healthcare is considered as one of the basics and physicians across the state are trying to reduce healthcare costs. Experts working on your reimbursement make sure you have better collections.
Since the last 10 years our medical billers and have been providing medical billing and coding as well as accounts receivables follow up and practice management service to Massachusetts physicians.
Certified medical billing and coding professionals who have an extensive experience in all specialties, are available in all cities such as Boston, Worcester, Springfield, Lowell and Cambridge. They have shown skills for lowest claim denials and fastest reimbursement. Some of the services which our medical billers are proficient in are;
Electronic claims submission
Tracking of claims
Customized monthly report