Neurologists require a team of billing specialists who have a clear understanding of specific coding and billing guidelines for neurology such as, nerve blocks, EMGs (electromyogram), nerve conduction studies and chemodenervation. Billers need to stay updated on the latest Medicare regulations and other policies that relate to neurology billing. Providers also need to hire experienced coders who are trained in using ICD-9-CM as well as certified in ICD-10 codes.
Compared to other medical specialties, the Neurology billing and coding can be quite challenging. Even a small error can lead to fraud, abuse and RAC audit, resulting in a reimbursement denial. Here are a few tips that can help neurology practices avoid unnecessary delay in payments:
Many neurologists across the US prefer to outsource neurology billing services for overcoming payment-related challenges and in-house employment issues too. By choosing a medical billing partner such as MedicalBillersandCoders.com, they have been able to maximize revenue and reduce claims denial rate.
An expert team of coders and billers at MBC has been offering effective neurology medical billing services in Florida and Texas. MBC’s RCM solutions reduces the complexities related to claims filing, denial management, health IT implementation and HIPAA compliance. Neurology practices in cities like Dallas, Austin, Bronx, Brownsville, and Miami are running profitable practices after outsourcing their billing to MBC.
Outsourcing neurology billing to a reliable company eliminates employment issues, paying salaries and giving perks to the employee, deal with absenteeism, the need to hire and train the billing staff, etc. Therefore outsourcing makes for a dual profit model, viz. a huge cost cutting measure as well as procuring maximum reimbursements with dedicated manpower for managing the accounts receivables.Back