Sleep Disorder Billing Services New Mexico, NM
Sleep disorder is a common ailment in the US with the number of people afflicted with it increasing daily and to respond to this healthcare need, there has in turn been an increase in clinics dealing with sleep disorder in all the states of the US.
However, treating sleeping disorder, which enjoys insurance coverage under Medicare, is beginning to give sleepless nights to these physicians and hospitals, because treating increasing number of people suffering from sleeping disorder means having to deal with mounting administrative responsibilities by hospitals and physicians to realize their fee via insurance claims which involves a lengthy process starting from claim preparation to submission. This not just leaves hospitals and physicians with less time for patient care but also to claim rejections leading to unrealized account receivables.
For a clinic treating sleeping disorder to run profitably, a sound revenue management system is an absolute necessity. Our medical billing and coding services account for the entire billing and coding process, starting from claim preparation through electronic claim submission to follow-ups.
For over 10 years now, our medical billers and coders stationed in New Mexico have built a reputation of helping providers and practices ranging from small to medium to large clinics. They have proved their capability by maximizing the clinic’s cash flow and streamlining their billing and collections processes.
They are actively following the payers in all major cities such as Albuquerque, Las Cruces, Rio Rancho, Santa Fe and Roswell. More than just providing medical billing and coding services, our professionals help you offload tasks from your multitasking staff by providing services such as:
Credentialing with public and commercial payers
Post charges and payments on a daily basis
Electronic submission of claims
Code utilization with CPT, ICD-10 and HCPCS
Accounts receivable management
Insurance follow-up and in-house collections
On New Mexico, the federal government is spending $2.03 for every dollar of tax collected from the state and this rate of return is higher than any other state in the United States. The highest amount is exhausted on Medicaid with a net amount of 3.9 billion with $835 million is spent on Medicaid alone.
This shows that the federal government’s participation in terms of improving healthcare measures in the state. Optimizing your revenue and operations in accordance with the state’s effort is something our medical billers and coders can help you with.
Our Billers in the state of New Mexico are specialized to service medical practices as per the regulations of the state government. Their knowledge and experience has been acquired by years of efforts in perfecting medical billing procedures which they now leverage to help your practice collect more revenue.
The federal government’s effort to reduce healthcare cost can only be supported by physicians in the state of New Mexico by optimizing costs and enhancing revenue. Letting a specialist handle your medical billing can help you improve collections by 20%.
Accurate Coding and code audit along with timely insurance follow up and account receivables are the basis on which thesebillers in New Mexico guarantee higher profitability for your clinic. Their experience in various software and certification in the medical billing processes will support your practice to grow steadily.
Some of the most common sleep disorders which require medical billing procedures are as follows:
Sleep apnea — Seen from a reimbursement standpoint, sleep apnea is no more viewed independently but as falling under the tutelage of Obstructive Sleeping Apnea (OSA) which comes under the insurance coverage of continuous positive airway pressure devices (CPAPs). Therefore, successful claim preparation for sleep apnea involves accounting for medical and regulatory details (from preliminary diagnosis through a long cycle of treatment and recovery which involves the use or otherwise of the CPAPs device) required to establish compliance of all regulatory criteria. We cover the entire range of sleep apnea billing and coding activities available both through a consulting and outsourcing model to ensure the physician is solely occupied with curing sleep disorder of the patient without causing him any disturbance in his revenue cycle.
Insomnia — Being among the sleeping disorders that are covered by Medicare and whose treatment involves devices and tests under continuous positive airway pressure (CPAP), insomnia involves the use of appropriate Medicare codes and an elaborate process for preparing and submitting claims. This is where our comprehensive billing and coding services carried out by a team of specialists can help you to not just spare yourself the nonclinical activities involved in reimbursements and compliance related to insomnia but also improve your finances through reduced claim denials and optimized staff utility.
Narcolepsy — Narcolepsy is also among the sleeping disorders that come under Medicare coverage and involves an elaborate process for claim filing which includes accounting for a variety of compliance activities during diagnosis and later treatment. With an experienced team of billers and coders networked across all the states of the US, we bring an end-to-end service model for physicians and clinics treating narcolepsy which ensures accurate preparation and submission of claims, methodical follow-ups for reimbursements.
Restless legs syndrome (RLS)/Periodic limb movement disorder (PLMD) — RLS and PLMD are commonly found afflictions in the US and have recently seen a spurt due to lifestyle issues causing clinics and physicians sleeplessness not due to increase in patients but due to increasing administrative work involved in preparation and submission of claims. With our services marked by accurate coding, methodical follow-ups etc, we ensure appreciable incr ease in collection rates and other benefits that help medical care providers improve their revenue and spend more time on treating RLS and PLMD.
Other disorders - Similarly, we have medical billing and coding services for other disorders —including snoring, hypersomnia, sleepwalking, night-terrors, REM behavior disorder, rhythmic movement disorder, delayed sleep phase syndrome and advanced sleep phase syndrome.
Due to the lifestyle irregularities, sleep disorder clinics have been mushrooming, but the fact that for a profitable sleep disorder clinic revenue management is quintessential.
Sleep Disorder can have an exhaustive medical billing and coding process, which not just leaves hospitals and physicians with less time to spend on their patients, but also leads to claim denials due to minor errors, resulting in mounting unrealized account receivables. This requires a sound billing and coding process which will help care providers to prepare and submit claims accurately and be reimbursed timely.
We offer medical billing and coding services that account for the entire billing and coding process, starting from claim preparation through electronic claim submission to follow-ups. Our options include billing for rented and sold CPAP devices, whose involvement in treatment requires extensive and accurate documentation to establish their necessity for successful reimbursement, and other Sleep disorder specifics which give the Sleep Medicine Specialist time to attend to his patients and sleep a little as well. For Sleep Disorder Medical Billers and coders, browse through profiles in your city and state.