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:
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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
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What further adds to their overhead is that the state laws governing medical malpractice insurance coverage varies from state to state
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Additionally, HIPAA regulations requires Teleradiologists to put in place several IT security related measures to be in compliance
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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 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:
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Credentialing with public and commercial payers
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Post charges and payments on a daily basis
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Electronic submission of claims
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Code utilization with CPT, ICD-10 and HCPCS
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Accounts receivable management
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Insurance follow-up and in-house collections
Specialized Medical Billing Services in New Mexico
Our specialized medical billing services in New Mexico support health providers in Albuquerque, Las Cruces, Rio Rancho, Santa Fe, and Roswell. For ten years running, we've boosted income for practices big and small.
The Medical Billers and Coders (MBC) team excels in seamlessly managing critical revenue cycle tasks, including securing insurance approvals for physicians, processing daily charges with precision, submitting claims electronically, and ensuring prompt payment follow-ups.
We are aware of New Mexico's financial picture in its totality - we know that federal dollars pour in at $2.03 for every tax dollar, mostly feeding the state's vital Medicaid programs. Our richly experienced coders keep practices running smoothly while making sure they get their fair share of these healthcare funds.
Growing Practices in the Land of Enchantment
Our medical billing specialists in New Mexico know every corner of state healthcare rules. We use the right codes, track insurance claims like hawks, and keep practice money flowing - often boosting collections by 20%. Think of us as the financial growth partners for your practice - we know the technology, we know the regulations, and we certainly know how to get results.
While physicians keep New Mexico healthy, we keep their practices financially fit and growing. That's vital where federal healthcare dollars make up such a big piece of the pie. From solo practitioners to busy large-scale clinics, we help practices spend less time on paperwork and more time healing people.
How MBC is different from other billers and coders lies in the fact that, being the largest consortium of billers and coders in the US, it has a network of highly experienced professionals spread across big and small states of the US who can bring you local, state-specific expertise regardless of where your operation is located.
Our billers and coders will help you streamline your revenue cycle management by recommending appropriate software applications, identifying training needs and plugging sources of revenue leakage. Conversely, you can also outsource your administrative responsibilities to us completely sparing yourself the headache of carrying them out yourself.
Our services meet the administrative needs of the entire range of Teleradiology services. Some of the services we support are:
Subspecialty reads and reports on:
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CT Angiogram
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CT Post Processing
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Nuclear
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Digitized X-rays
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Ultrasound
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MRI
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Mammography
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MR Angiograms and more