ONCOLOGY BILLING SERVICES
Efficiently Manage Your Oncology Practice with Comprehensive Billing and Revenue Cycle Management
Remote Expert Solutions delivers a complete array of services essential for an oncology medical billing company. Beyond our proven billing system, which consistently boosts client revenue, we provide a comprehensive suite of medical revenue cycle management (RCM) services.
Why It Makes Sense to Outsource Oncology Medical Billing
Oncology stands as one of the most dynamically evolving fields in medicine, encompassing patients of diverse ages and backgrounds and practitioners operating in various settings. This diversity, coupled with constant advancements, renders oncology medical billing one of the most intricate specialties.
Medical billing codes undergo annual updates, but changes in regulations, government program rules, and insurer requirements may occur throughout the year. Failure to integrate each payer’s specifications and the latest codes into every claim can lead to non-payment—a risk no one can afford to take in today’s economy.
However, staying abreast of these changes demands significant time and attention, diverting focus away from patient care. Consequently, outsourcing oncology revenue cycle management has emerged as a popular solution, enhancing revenue while enabling medical professionals to prioritize patient care.
Enter Remote Expert Solutions! Our urology billing services provide the remedy. We not only expedite the accurate filing of your claims but also meticulously monitor and address any denials or rejections, ensuring you receive rightful compensation for all services rendered.
Oncology Billing Services Take the Pressure Off Physicians
Due to the gravity of the conditions, it addresses, oncology inherently ranks among the more demanding fields of medicine. Physicians often confront life-threatening diseases and intricate treatments, heightening stress levels and underscoring the importance of stress alleviation measures.
The rapid evolution of treatment technologies necessitates keeping pace with new codes, verifying coverage, and negotiating reimbursement rates, thereby adding to the workload. Fortunately, these tasks are all encompassed within our oncology billing services!
Why You Should Outsource Oncology Billing to Specialists
Oncology billing and coding present numerous complexities, stemming from the inherently intricate nature of coding and billing in the medical field overall. Remote Expert Solutions oncology revenue cycle management team is adept at addressing denials and rejections promptly, ensuring no unpaid claims are overlooked. Our billing and coding processes are optimized for efficiency, with our staff undergoing continuous training to prevent errors from recurring. Moreover, our RCM specialists are equipped to manage any necessary annual payer adjustments and repayments.
Get Full Appropriate Compensation
To ensure full compensation, claims must be submitted error-free and contain all requisite details, typically in the form of numeric modifiers delineated in medical billing codes. Given the high value of surgical claims, which can amount to tens of thousands of dollars, delays of a month or more in reimbursement due to ironing out such details are impractical. Outsourcing to professional oncology billing services expedites claim submission, substantially reducing the occurrence of errors and issues that lead to rejections and denials.
Remote Expert Solutions Masters the Challenges of Oncology Medical Billing
Numerous factors contribute to the particular challenges oncology billing poses for in-house teams. Our cutting-edge software stands as a cornerstone of our high success rates, complemented by our highly skilled and seasoned billing staff. Upon assuming responsibility for a business’s medical billing, our team swiftly reduces the incidence of claim rejections. What sets us apart? We recognize the uniqueness of each client and prioritize addressing their individual needs. Moreover, we understand that each specialized area entails distinct requirements, and thus, we ensure our assigned teams receive comprehensive training tailored to their domain.
Below, we outline some of the ways Remote Expert Solutions tackles the key aspects of oncology billing and revenue cycle management that commonly present challenges.
We Track Every Single Claim
An additional incentive to entrust your oncology billing services to Remote Expert Solutions is our commitment to providing a dedicated team of experienced medical billers assigned to your account, complemented by the appointment of an account manager. This ensures that there is always a point of contact familiar with your business and abreast of the status of all your claims. Medical practices lose millions of dollars annually due to overlooked rejected and denied claims. Remote Expert Solutions, our account managers meticulously track every claim, diligently following up on any unpaid amounts, irrespective of their size.
Complex Procedures Require Expertise
Oncology stands at the forefront of technological advancement, with treatments frequently incorporating new equipment, extensive surgeries, radiation therapies, chemotherapy, and more. With multiple practitioners potentially involved from different facilities, and treatment processes spanning extended periods, billing complexities are heightened. Entrusting this responsibility to an experienced oncology medical billing company relieves you of the burden of navigating the incorporation of intricate details into the claim.Enter Remote Expert Solutions! Our urology billing services provide the remedy. We not only expedite the accurate filing of your claims but also meticulously monitor and address any denials or rejections, ensuring you receive rightful compensation for all services rendered.
Multi-Disciplinary Teams Call for Specialized Coding
Treating cancer typically involves a comprehensive approach beyond mere tumor removal. It often entails a series of treatments, often requiring collaboration with specialists from various medical disciplines, ranging from plastic surgeons to hepatologists. Given that each individual’s role and affiliation must be accurately reflected in the coding, meticulous detailing is imperative to convey all necessary information.
Billers Must Know the Details of Bundled Codes
Due to the complexity of many oncology procedures, which often involve numerous components and personnel, there has been a push to streamline billing by consolidating charges into a single code, rather than submitting multiple smaller bills to the payer for each patient.
However, oncology procedures frequently require deviations from the standard set of services included in the bundled charge. Therefore, an oncology medical billing company must possess a thorough understanding of the bundle’s contents and be adept at coding for any variations.
Even minor changes, such as an alteration in the expected anesthetic, can result in the denial of an entire surgery claim. Consequently, coders and billers must be well-versed in the bundle’s contents and alert to any additional services provided that require separate billing. This level of familiarity typically comes with experience, highlighting the importance of including a senior biller on the billing team who can identify and avoid common pitfalls.
While it may seem logical to add codes for extras, such as an additional day of hospitalization or the use of a different anesthetic, doing so without the correct notation in the coding would likely lead to claim denials, as it would be perceived as duplication.
We Avoid Under-Coding Violations
Under-coding, which involves neglecting to bill for all services provided, not only results in financial losses but also constitutes a violation of the law. While it may appear to be a gesture of goodwill towards patients who are already burdened by hefty medical bills, it is essential to adhere to legal requirements and accurately report all services rendered. Failure to do so can jeopardize your oncology practice’s status as a credentialed provider, among other potential consequences.
High-Level, High-Cost Services Require Expert Billers
In medical practices where physicians routinely conduct numerous simple exams each day, the loss of a single claim may not significantly impact billing and revenue. However, oncology services typically entail more intricate and higher-cost procedures, making the loss of even a single claim a substantial revenue setback. Therefore, it is crucial for an oncology billing company to possess the experience necessary to identify and promptly resolve any potential issues.
Increase Revenue and Reduce Administrative Stress by Outsourcing Oncology Billing to Remote Expert Solutions
We Are Dedicated to Medical Billing and RCM
Remote Expert Solutions, we prioritize securing maximum reimbursements for our clients. Claims are promptly filed, typically within 48 hours of service. Whenever a pattern of reimbursement denials emerges, we ensure that the responsible biller rectifies the error to prevent its recurrence, and we provide comprehensive training to the team to prevent similar mistakes. Remote Expert Solutions specializes exclusively in medical billing and Revenue Cycle Management (RCM), boasting a dedicated and experienced oncology revenue cycle management staff. Our innovative approach and proprietary software have consistently resulted in increased revenue for our clients, enabling them to refocus on patient care with confidence in our capable hands managing their revenue processes.
Your All-In-One RCM Solution
We possess the expertise to manage all aspects of your medical revenue cycle, including payer credentialing, insurer approvals, billing and coding (with swift and expert handling of denials and rejections), chart reviews, annual payback, and more. However, our services are fully customizable to align with the specific needs of each client, ensuring you only pay for the services you desire. Many of our clients at Remote Expert Solutions initially engage our medical billing services and subsequently find immense value in our offerings, prompting them to incorporate additional Revenue Cycle Management (RCM) services. To learn more about our billing services tailored for oncology practices, please contact us at 332-699-4299 or request a free demo today. We eagerly anticipate demonstrating how we can alleviate the administrative burden of medical billing and enhance your revenue, allowing you to focus on delivering exceptional care to your patients.