As per a compensation report from Medscape, the OB / GYN medical specialty reported nearly the same income in 2013 as they did in 2012, with only a minor 0.5% increase year-on-year. According to an American Medical Association (AMA) survey, the median compensation of OB / GYN practitioners increased by a mere 3.2% in 2014 compared to their earnings in 2013.
OB / GYN is a specialty that involves voluminous filing of claims as the services rendered cover Obstetrics, Gynecology, and Anesthesia for procedures and family planning. Some of the data that OB / GYN practitioners routinely deal with include menstrual history, antenatal visits, RH antibodies and pelvic examinations. Professional billers are better equipped to deal with insurance matters. For example, management of claims, processing them, following up with the private as well as government payers, etc.
Outsourcing OB / GYN billing to billing experts can help providers increase their revenue in the following ways:
As per a 2014 study, filing duplicate claims or services, incomplete or incorrect information, and noncovered charges were the chief reasons for claims denials in OB / GYN billing. These can be easily avoided too by using services of expert OB / GYN billers.