Receiving denial claims is upsetting for both the medical staff and the doctor. It happens often that, irrespective of how much one takes care of ensuring that everything is in the line and proper there are still denial codes. When repeated problems occur specifically involving ICD-9 or CPT codes, instead of looking at the claim denials as a defeat it’s time to come up with a crucial solution. Outsourcing your podiatry medical billing and coding services to a professional company like MBC.
When the healthcare industry is giving so much attention to patient care, it makes it tough for any podiatry practitioner to keep up with quality care. Since billing is eating too much time. Taking time in correcting the errors, training the staff, leading to proper payments, ensure that the documentation is on the line. So, why not get out of this billing stress by involving a professional medical billing and coding partner like MBC to do the backend job?
Here’s why you should Outsource Podiatry Medical Billing and Coding Services:
MBC Billing Expertise
Certified by the American Association of Professional Coders, MBC is proficient in using advanced medical billing coding software, the expert at applying standard CPT, HCPCS procedure and supply codes, and ICD-CM diagnosis coding as per CMS guidelines and HIPAA compliant medical coding is fundamentally responsible for optimum medical billing management services to Podiatry physicians.
Zero Mistakes / Errors
Staying ahead of the curve when it comes to changes and updates to medical billing codes and insurance industry regulations and requirements can be a daunting, full-time job.
The regular challenges of managing the billing cycle in-house can drain precious resources from your podiatry practice and distract from care, and the overall patient experience.
Mistakes and oversights in medical coding and insurance claims can also be costly, and result in delayed or denied claims, and ultimately less revenue. When you have MBC as your medical billing and coding partner, there is a 0% chance of such errors and mistakes happening.
Enabling Accurate Podiatry Medical Billing and Coding
MBC being Podiatry billing specialists follows a compliant CPT coding regimen in applying accurate codes for complex services which involve:
- 76881 for ultrasound, extremity, nonvascular, real-time with image documentation
- 76882 for the limited ultrasound, extremity, non-vascular, real-time with image documentation
- 93922 for non-invasive physiologic studies of upper or lower extremity arteries, single level as well as bilateral
- 93926 for the duplex scan of lower extremity arteries or arterial bypass grafts;
- 20552 for injections, single to multiple trigger point
- 20553 for injections, single to multiple trigger point
- 20605 for arthrocentesis, aspiration, and/or injections
- 20610 for arthrocentesis, aspiration, and/or injection
Reduce Your Expenditures
MBC’s clients have witnessed reduce in their overall expenditures. All you need is the Internet and a PC. The software comes all-inclusive or you can choose to outsource the entire billing and coding to the team who takes care of your entire practice process. MBC offers complete billing solutions and practice management needs under one roof.
Closing Thoughts
In order to perform billing and coding tasks for podiatry practices and to receive maximum reimbursement for services provided, it is important to understand the complex rules and guidelines that insurance companies use to judge podiatry claims. Many billing services claim to have this industry insight but often fall short.
For example, medical billing companies that do not specialize in podiatry billing may not have the ability to properly track and pursue underpayments – and this could cost a podiatrist approximately 15% of their income.
In order to avoid billing and coding-related pitfalls such as this one, podiatrists should work with podiatry billing services employing qualified, certified billers.
Medical Billers and Coders (MBC) is a leading revenue cycle management company providing complete medical billing and coding services. We have a team of certified coders and billers who are well-versed in Podiatry Medical Billing and Coding. By outsourcing your coding and billing needs to us, you can focus on providing high-quality patient care while leaving the administrative tasks to the experts. To learn more about MBC and experience working with Podiatry Medical Billing and Coding Practices, contact MBC today at info@medicalbillersandcoders.com/ 888-357-3226.
FAQs
1. Why should I consider outsourcing podiatry medical billing and coding services?
Outsourcing your billing and coding services ensures error-free claims, faster reimbursements, and reduced administrative burden. A professional partner like Medical Billers and Coders (MBC) provides certified expertise, advanced technology, and compliance with the latest CMS and HIPAA standards to optimize your revenue cycle.
2. How does outsourcing help reduce billing errors?
Billing experts at MBC stay updated on the latest changes in medical billing codes and insurance regulations. This reduces the chances of errors and claim denials, ensuring accurate submissions and faster payments.
3. What are the most commonly billed procedures in podiatry that MBC specializes in?
MBC ensures accurate coding for complex podiatry procedures, such as:
- 76881: Ultrasound, extremity, non-vascular, real-time with image documentation
- 20552/20553: Trigger point injections
- 20605/20610: Arthrocentesis and injections
- 93922/93926: Physiologic studies and duplex scans of extremity arteries
4. Will outsourcing help reduce my practice’s operational costs?
Yes, outsourcing eliminates the need for expensive in-house billing infrastructure and training, helping you save on administrative costs. With MBC, all you need is an internet connection and a PC to streamline your billing process.
5. How does MBC ensure compliance and maximize reimbursement for podiatry practices?
MBC follows strict CMS and HIPAA guidelines while using certified coders proficient in CPT, HCPCS, and ICD codes. They also specialize in tracking and resolving underpayments, helping podiatry practices recover maximum reimbursements and avoid revenue loss.
