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.
Catering multispecialty clinics to solo practices, our New Hampshire medical billers and coders have a solution to all your billing requirements. They have been providing effective billing solutions for the last 10 years in cities such as Manchester, Nashua, Concord, Derry and Rochester.
To improve your cash flow and enhance your medical practice revenue through seamless data flow, our medical billers and coders focus on the following functions of medical billing to provide you top notch services:
-
Electronic Claims processing
-
Accounts receivables management
-
Financial reporting on a monthly basis
-
Handling patient enquiries
-
Payment posting
Read more..