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
Physicians in New York are increasingly preferring to have professional Medical billers and coders manage their billing process. Numerous physicians have observed that the cost of maintaining these professionals can be very high too thus an increasing trend in looking out for expert billers locally who may or may not be associated with the practice full time.
With an average of 10 years of medical billing and coding experience, our certified billers are available to service your practice in any city of New York including the New York City, Buffalo, Rochester, Yonkers and Syracuse.
They help practices protect patient information, minimize interruptions in cash flow by due to staff turnover and absences, elimination of backlogs and providing continuity of revenue collections. You can count on them for medical billing and coding services where they can help you to:
Increase revenue steadily
Faster claims processing as they are dedicated to billing not multi-tasking
Follow up on rejected or partially paid claims
Consulting in coding to increase revenue through better code utilization
Adopting best Medical Billing practices and recovering collections quickly