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.
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-9 and HCPCS
Accounts receivable management
Insurance follow-up and in-house collections