THORACIC SURGERY BILLING SERVICES
We offer a comprehensive range of services designed to maximize your revenue potential.
Thoracic Surgery Medical Billing Services
Medical coding and billing pose intricate challenges for any practice. Specialized fields such as thoracic surgery, with their extensive array of procedures and numerous alternatives, can make accurate coding and proper submission according to insurance claim requirements seem daunting, particularly for a busy office staff.
Important To Maintain an Efficient Revenue Cycle
With escalating costs and increasingly constrained medical office budgets, preserving an efficient revenue cycle becomes paramount. Delays in payments due to claim denials or sluggish submission not only impact your bottom line but also disrupt cash flow needed for timely supply payments and the smooth operation of your office.
Complex Coding Results in Human Error
In a medical practice spanning from minimally invasive procedures to heart transplants, the potential for human error is considerable. Unlike a general practice office where common codes are prevalent, thoracic surgery billing involves numerous intricate codes and modifiers that require careful application due to their unique and detailed nature.
Data Entry Errors Early in The Process Compound as Treatment Progresses
Since treatment is frequently ongoing or comprised of multiple components, incorrect coding at the outset can lead to cascading errors throughout the course of treatment, leading to significant issues in submitted claims. This can result in claim rejections or denials, requiring your staff to meticulously review numerous records to identify the source of the problem.
Equipment And Supplies Require Additional Coding
Apart from the procedures themselves, there are monitoring systems, medications, and supplies that must be accurately accounted for. Often, these details need to be transcribed from physician notes, introducing another potential for error. Specialized medical billing staff are better suited to handle these complex tasks as it is their sole focus, unlike in a bustling medical practice where other responsibilities may take precedence.
Nonmatching Fees and Service Invoices Can Get Your Practice in Trouble
Under coding, which involves entering a code leading to inadequate compensation for your services, can lead to significant financial losses. Conversely, over coding, where claims reflect more costly procedures than performed, not only complicates billing and delays payments but also constitutes a legal violation. Moreover, it can invite trouble with payers and potentially trigger an investigation by the Office of Inspector General (OIG), the US entity tasked with probing waste, fraud, and abuse.
Remote Expert Solutions Is Your Solution to Thoracic Surgery Billing Issues
Remote Expert Solutions consistently manages the entire revenue management cycle, covering everything from start to finish. Alongside coding and claims management, we oversee the process from patient scheduling to the recovery of overdue bills.
We Are Experienced with Practices of All Sizes Across the U.S.
With extensive experience working with practices of varying sizes and across all specialties throughout the U.S., we possess comprehensive expertise. Through our dedicated team of skilled billing and coding specialists, continuously trained and updated, we effectively manage your revenue cycle. This enables you and your team to direct your attention to practice and patient care rather than administrative tasks, ultimately boosting your income.
You Need an Expert Who Knows How to Recover Payment
In thoracic surgery billing, having a proficient billing team with practical experience in claims recovery is essential for both participating and non-participating practices. For non-participating practices, particularly with any payer, expertise is crucial in recovering payments at the highest and most favorable negotiable rate.
Right Billing and Coding Partner Will Save You Money
Instead of viewing it as an additional expense, partnering with the right billing and coding service can actually save you money. By swiftly and accurately filing claims, efficiently managing rejections and denials, and promptly collecting payments owed, your practice can experience a more seamless revenue flow and overall increased income. Schedule a free demo today, and allow us to demonstrate how we can enhance your bottom line.
