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.
Many providers in Washington are exploring various options of optimizing their billing and medical billing process by hiring specialists locally. These physicians expect their specialists to handle their medical billing and be involved with any day to day operations.
They can help you streamline your medical billing process by customizing the services which will ultimately decrease your efforts and increase your productivity. These certified Medical Billing Specialists are located in major cities like Seattle, Spokane, Tacoma, Vancouver and Bellevue and provide services such as:
Timely submission of electronic claims
Posting EOB and verifying ERA postings
Preparation of patient statement
Accounts receivable management
Handling Billing and reimbursement inquiries
Verifying Benefits of patients