Billing and Coding in a nutshell- The pictorial section will help you understand the 'this and that' of billing and management. Go through the infographs for an understanding of process, in short.
Although rehab is among the most commonly used line of care in the US, there is no separate insurance plan available for rehab billing which makes way for several ambiguities and challenges both for care providers and patients.
Not being covered by any exclusive insurance plan, rehab billing forms a part of an insurance plan and one that insurance providers prefer to be a little vague about concerning the amount of coverage the insured is entitled to for rehab treatment. What further adds to uncertainty about coverage is that states are not very specific about how much coverage is compulsory for insurance providers to give drug detox.
Partial coverage and ambiguity of insurance plans on rehab treatment – together leave care seekers as well as providers confounded, perhaps setting them up to start the process of preparing insurance claims for rehab treatments on a wrong note, which means inaccurately identifying the coverage of a patient eventually leading to waste of the time spent on preparing such claims and mounting account receivables.
However, even after entitlement or coverage has been identified accurately, a care provider post identification (accurate or otherwise) needs to follow a series of procedural activities, including documenting and applying appropriate codes, where a single miss-step can again revive the specter of eventual claim rejection.
Our medical billers and coders stationed in New Jersey, provide physicians with the latest in reimbursement strategies and government updates in terms of healthcare industry. Their presence across all major cities such as Newark, Jersey City, Patterson, Elizabeth and Edison offer Physicians options to locate well trained Medical Billers and coders easily.
These medical billers are equipped to reduce your overhead as well as perform complex administrative tasks. Their services guarantee many advantages and can help you to:
The state of New Jersey happens to be the most densely populated and wealthiest state in United States, those are the real indicators of why healthcare is sprawling in the state. Thus, the growing need for number of physicians and a lot of medical billing specialists to support these practices is far from being fulfilled.
These Billers are well acquainted with the payers’ community in New Jersey and track major reasons for denials and plug these avenues of revenue loss first. Their detailed analysis helps you to collect more revenue as per your specialty and maintain high collections regularly.
Our New Jersey medical billers and coders also provide practice management software that ensures that physicians can keep up with the latest health care IT reforms and improvements. They are experienced in the field of patient statements processing, claims management, fee schedules evaluation, insurance collections, and the capability of establishing effective relationships with insurance companies and patients.
Our medical billing and coding team is experienced in insurance collections which can be a tiresome job for a medical biller who lacks experience in this area. They also know how vital timely insurance collections are for the doctors.
By using EMR software that is efficient, our medical billers and coders take minimal amount of time for patient statement processing which can be an increasing burden because of the growing requirement for medical services.
Medical coders and billers at medicalbillersandcoders.com also have professional relationships with key insurance companies across New Jersey so that any setback or errors in claims management can be circumvented in right in the beginning.
The services of medical coding and billing that are provided are not limited to big cities such as Newark, Jersey City, Patterson, Elizabeth and Edison but also all other counties in the state. Moreover, our coders and billers specialize in all the branches of medicine such as Optometry, chiropractic, OB Gyn, Pediatrics, oncology, urology, Family Practice and Hospitalist Billing .All the medical billers and coders at medicalbillersandcoders.com are familiar with ICD9 and CPT Coding which make them preferable choices for physicians and health care providers. Many of our medical billers and coders also offer value added services through specific services such as evaluating fee schedules, helping you prepare online super bills and diagnosing the key grounds for denials.
In New Jersey many physicians are finding it a difficult to digitize their practice and switch to EMRs which would be part of the health care reform. Our medical billers and coders are specialized and experienced in a wide range of software which offers you a choice of the most efficient and updated Medical Billers and coders trained on the latest EMR systems in the market.
These include Medisoft, Misys Tiger, Eclinicalworks, Advance MD, GE Centricity and Altapoint. These EMR would ensure that your office productivity is increased along with the efficiency of the services that you provide as a physician to your patients.
New Jersey has the highest density of population in the United States and the low rate of physicians who are starting to adopt Electronic Medical Records would mean that health care providers would be scrambling to meet the adoption deadlines.
The billing and coding services assist physicians with various EMRs and are experienced with specialized knowledge about the changes related to medical billing, coding, HIPAA guidelines, denial management, patient statement processing, claims management and ability to have long term and effective relationships with patients and insurance companies.
MBC billers and coders combine the knowledge of insurance procedures with medical intricacies to provide care providers with an end-to-end solution for insurance billing and coding, starting from accurate identification of coverage through preparation and submission to post submission follow-ups to ensure timely payments.
Our billing and coding services are available in two flexible service models so that you can choose the exact model that works for the size and nature of your rehab centre. Since rehab centers are generally big set ups, you may already have an in-house billing and coding team which could do with some streamlining of processes they are following, some software applications that are in sync with their work environment and help them transact data with greater efficiency and ease, and some cross-competency training so that one member going on leave doesn’t cause downtime with another member stepping in to keep the process going. We will be able to such streamline your revenue management process through our Revenue Management Cycle (RCM) consulting services which involve a thorough study to stop areas of revenue leakage, assess efficiency of software applications in use and identify needs for training.
Whereas our outsourced billing and coding services enable you to fully ship out your billing and coding responsibilities to us so that you can solely concentrate on healthcare.
MBC, the largest billing and coding consortium in the US, has helped care providers from across the 50 states of the US to improve their finances and boost the quality of care by helping them meet with successful reimbursement of claims and spending more time on healthcare.