Physical therapy services, owing to their inherent nature, have often been found to be elusive while billing for medical reimbursement. Unless medically deemed fit, these services cannot be billed for reimbursement. Consequently, physicians are apprehensive of undertaking certain services that might deprive them of reimbursement for medical services.
How does medical billing and coding support aid in Physical Therapy reimbursement?
Despite the healthcare providers pre-emptive scrutiny in determining eligibility for medical reimbursement, they may not always be successful in segregating ineligible cases due to their preoccupation with focused medical care as well as somewhat uncertain nature of this specialty-specific billing and coding.
Medicalbillersandcoders.com, the largest consortium of medical billers in the US, are known for accurate screening for deciding the eligibility of certain services for reimbursement. Such an efficient screening is indispensible for mitigating adverse impact on revenues from reimbursement. Laying a firm foundation for a comprehensive and efficient billing reimbursement solution, our Physical Therapy billing Specialists establish a well-phased system for an efficient claim submission and realization.
Colorado is where we have a set of dedicated Medical Billing professionals with over 10 years and offer extensive knowledge across all specialties
Denver, Colorado Springs, Aurora, Lakewood and Fort Collins are some of the cities where our expert billers and coders have provided expert medical billing services with the latest state-of-the-art practice management software. There skills across the following services have benefitted physicians in Colorado in reducing costs and maintaining profitability:
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Claims submitted electronically on a daily basis for faster turn around
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Generating patient statements
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Complete setup of patient accounts
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Specialized soft collection services
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Customized as well as accurate monthly reports
Comprehensive Medical Billing Services in Colorado
MBC’s skilled billers and coders provide top-notch medical billing services in Colorado across major cities like Denver, Colorado Springs, Aurora, Lakewood, and Fort Collins. We have over a decade of expertise and are equipped with advanced practice management software. Our experts ensure streamlined billing processes that enhance profitability and reduce costs.
MBC’s Core Services Include:
- Electronic claim submission for faster turnaround.
- Generating patient statements and maintaining accurate monthly reports.
- Comprehensive setup of patient accounts and specialized soft collection services.
- Expertise in A/R management, credentialing, and contracting services.
- Accurate coding, code audits, and insurance follow-ups for higher payouts.
Top Billers in Colorado for Positive Practice Revenue Growth
Medical Billers and Coders, is Colorado’s leading provider of Revenue Cycle Management services. Our team has extensive knowledge of state regulations and ensures compliance with Colorado-specific laws. We actively participate in local reimbursement discussions for up-to-date practices.
MBC has the proven ability to improve collections by up to 20%, reduce overhead costs, and streamline operations. Additionally, our expert coders are proficient in various billing software ensuring efficiency and operational success.
By outsourcing to MBC coding specialists, healthcare providers in Colorado can focus on patient care while achieving steady growth and higher profitability. Our HIPAA-compliant processes, consistent follow-ups, and attention to detail guarantee optimized revenue cycles and streamlined operations.
Value-Added Process to Optimize Reimbursement
Our Physical Therapy Billing and coding solutions include the following process:
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Setting up HIPAA compliant patient privacy reporting on any EMR software of your choice. Coupled with the compliant reporting, EMR system also ensures accurate charge-capture, which is crucial to billing and coding. Compliant EMR system – which runs on latest technology platforms – apart from ensuring operational efficiency, could also earn incentives for adhering to accepted level of compliance.
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Having a compliant patient medical record at their disposal, our billing experts apply appropriate CPT codes for corresponding services. Ingenuity in applying diverse codes: CPT code 97110 for therapeutic procedure on one or more areas to develop strength and endurance, range of motion and flexibility; CPT code 97112 for neuromuscular re-education of movement, balance, coordination, kinesthetic sense, posture, and/or proprioception for sitting and or standing activities; CPT code 97116 for gait training including stair climbing; CPT code 97124 for massage, including stroking, compression, and percussion; CPT code 97140 for manual therapy techniques comprising mobilization/manipulation; CPT code 97150 for therapeutic procedure on group of 2 or more individuals. Application of suitable modifiers: modifier GP for service rendered by a l therapist, and modifier 59 for distinct procedural service. Such an ingenious coding system is precursor to an efficient claim submission devoid of any external audit issues
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Finally, having submitted claims for reimbursement, our billing professionals set up a follow up system for expediting reimbursement of medical bills.
Billing Across Multiple Specialties
Employing a sequential system for claim submission and realization, our billing services have the capability to undertake medical bill submission and claim-realization for diverse specialty-specific Physical Therapy services such as:
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Cardiopulmonary
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Neurological
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Integumentary
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Cryotherapy
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Heat Therapy
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Iontophoresis, electrotherapy and body massaging
Consequent to such best practices in billing management, physicians would be able to efficiently realize their claims with a portfolio of leading private insurance carriers such as United health, Wellpoint, Aetna, Humana, HCSC, Blue Cross Group, and public health insurance schemes such as Medicare and Medicaid.
MBC's unique combination of expertise and experience
Having a competent set of pre-qualification certificated by the American Association of Professional Coders (AAPC); proficient in using advanced medical billing softwares like EHR Software: NextGen Healthcare, Epic, Cerner, AthenaOne, NueMD, TherapyNotes, DrChrono, eClinicalWorks, Allscripts, Athenahealth, Practice Fusion, TherapyNotes etc. and application of latest coding software and expert at applying standard CPT, HCPCS procedure and supply codes, and ICD-CM diagnosis codes – and a proactive outlook to ICD-10 and HIPAA 5010 transition, our Physical Therapy billing experts promise to be an integrated solution for operational efficiency and revenue maximization. Therefore, physicians can be assured of much needed relief from complexities in medical billing.
