Challenges in Orthopedic Billing
Orthopedic billing is a complex and challenging task that requires expertise in medical billing and coding. Compared to other specialties, orthopedic billing is even more complicated and requires a deeper understanding of the services provided by orthopedic providers.
The billing team needs to carefully document and charge for all services provided, including accurate documentation of patient demographics, insurance verification, and authorization. Failure to do so can result in rejected claims and revenue loss.
According to industry reports, nearly 35% of orthopedic surgery claims are incorrect, with 25% of medical claims being rejected. Such high denial rates can have significant financial implications, impacting the revenue and patient care of orthopedic practices.
To avoid this, it is essential to get connected with Medical Billers and Coders (MBC): a leading orthopedic billing services provider.
About Medical Billers and Coders (MBC)
Medical Billers and Coders (MBC) is a leading revenue cycle management company providing complete orthopedic billing and coding services.
MBC has a team of certified medical coders and billers who are well-versed in orthopedic billing and coding guidelines.
MBC’s orthopedic billing services include regular audit checks, account analysis, and follow-up with payers to ensure accurate and timely reimbursement.
By partnering with MBC, you can focus on providing high-quality patient care while improving your financial performance.
Applying Best Practices
As a leading orthopedic billing services provider, we work 24/7 to help you avoid issues caused by improper billing and coding guidelines.
Our team of certified coders specializes in the complexities of orthopedic medical billing, including accurate billing for pain pump insertions, reconstruction, and arthroscopies.
Our experienced orthopedic billing experts are committed to maximizing reimbursements while minimizing claim denials through efficient and streamlined processes.
By leveraging modern technology and a data-driven approach, our team delivers solutions that reduce denials and increase revenue for our clients.
For more insights on the challenges and solutions in orthopedic billing, check out the Centers for Medicare & Medicaid Services (CMS) website.
Why Choose MBC for Orthopedic Billing Services?
1. Focused and Dedicated Team
To ensure that our clients receive the highest quality of service, our team managers ensure that our team is dedicated to working on a single project at any given point in time.
By doing so, we ensure that our team is able to concentrate fully on the project, deliver on time, and exceed client expectations.
2. Quality and Accuracy
Our multiple teams of quality assurance specialists are equipped with the latest tools and technologies to ensure that every task we perform throughout the project meets the highest standards of accuracy and quality.
We understand that even a small error can have significant consequences for our clients, which is why we are committed to delivering precise and accurate results every time.
3. Data Security
To ensure the confidentiality of our clients’ data, we have implemented a variety of security measures. All data and information that is transferred to and from our clients is encrypted and transmitted through a secure FTP (File Transfer Protocol).
This helps to protect against unauthorized access or interception of the data.
4. Single Point of Contact
As a leading orthopedic billing services provider, we understand the importance of effective communication between our clients and ourselves. To ensure that there are no communication gaps or errors, we always prefer to have a single point of contact.
This helps to streamline the entire process and ensures that all queries and concerns are addressed in a timely and efficient manner.
5. Quick Turnaround Time
With our seasoned managers, skilled team leaders, and expert professionals working in harmony, we utilize efficient processes, cutting-edge tools, and software to ensure prompt claim submission.
Our commitment to quick turnaround time sets us apart and ensures that we have experienced resources as per your orthopedic billing requirements.
Struggling with orthopedic billing?
Partner with MBC to boost accuracy, reduce denials, and maximize your revenue. Let us handle the complexities while you focus on patient care.
Contact us today at: 888-357-3226 or info@medicalbillersandcoders.com!
FAQs
1. Why is orthopedic billing considered complex?
Orthopedic billing is challenging due to the need for precise documentation and coding of specialized services. Errors in billing, such as incorrect claim submissions, can lead to rejected claims and revenue loss.
2. How can MBC help with orthopedic billing?
MBC provides expert billing and coding services, including regular audits and follow-ups with payers. Their team ensures accurate and timely reimbursements while minimizing claim denials.
3. What are the key benefits of partnering with MBC for orthopedic billing?
MBC offers a dedicated team, high accuracy, data security, and quick turnaround times. Their focus on quality and efficiency helps maximize reimbursements and minimize claim denials.
4. How does MBC ensure data security for orthopedic billing clients?
MBC implements encryption and secure FTP for all client data transfers, protecting against unauthorized access and ensuring confidentiality.
5. How can MBC reduce claim denials in orthopedic billing?
MBC uses a data-driven approach, advanced tools, and experienced coders to ensure accurate billing. Their efficient processes help reduce errors, streamline claim submissions, and improve reimbursement rates.
