PAIN MANAGEMENT MEDICAL BILLING
BILLING AND CODING SERVICES
Pain Management Billing Services:
Pain management specialists confront the challenges of treating patients in distress, recognizing the critical nature of their care. However, billing for pain treatment encounters obstacles, as payers frequently scrutinize cases lacking visible pathology or clear diagnostic criteria. Recent regulations have intensified scrutiny on pain medications and escalated penalties for their misuse, leading some practitioners to abstain from practicing pain management altogether.
Pain Management Coding and Billing Errors
Given these inherent challenges, it’s imperative that practitioners in Pain Management aren’t encumbered by billing issues. Across all medical specialties, cost-cutting measures are prevalent, and payers are meticulous about billing and coding accuracy, often leading to claim rejections or denials.
Challenges in Billing for Pain Management Centers & Practitioners
Pain Management Centers may have a narrower range of services compared to other healthcare providers, given that over 100 million Americans suffer from chronic pain. An analysis of common challenges in pain management billing services identified the following issues
Claim Denial Management
Rejection or denial of claims due to minor errors is a frequent occurrence. Each detail must precisely match the patient record, and payers often do not investigate discrepancies but instead reject the claim outright. The pain management billing RCM process encompasses every facet of patient care, from gathering intake information to collecting payments, leaving room for numerous errors in data entry
Administrative Delays
Pain management practices often handle claim denials through a labor-intensive manual process conducted by internal staff. This leads to delayed claim submission and higher labor expenses. Outsourcing pain management billing services to a team of specialists can markedly enhance claim denial resolutions, case mix performance, and reduce the time claims remain in accounts receivable.
Increased Financial Responsibility of Patients
An analysis by TransUnion Healthcare in 2017 revealed that healthcare provider costs for patients had risen by as much as 11%. With patient costs escalating rapidly, it’s now more crucial than ever to thoroughly inform patients about their financial obligations before treatment. These rising costs also pose challenges for pain management practices in collecting the amounts owed to them.
The Solution to Pain Management Billing Issues
Remote Expert Solution handles the entire revenue cycle management (RCM) process, freeing up pain management physicians and staff to concentrate on patient care, with confidence that essential billing and coding tasks are being handled. Our comprehensive services cover not only the expected aspects of Pain Management medical billing but also encompass payroll expenses, revenue enhancements, compliance assurance, and beyond.
Focus On Patient Care
Viewing outsourcing medical billing as a financial burden for your practice management is a misconception. Instead, it should be regarded as a service that liberates practitioners and staff to prioritize patient care while simultaneously boosting revenue through streamlined claim filing, rejection and denial management, and error avoidance in coding. Additionally, we handle annual payer adjustments, completing the revenue cycle management process.
Run Practice More Efficiently
As experts in medical billing and coding, Remote Expert Solution stays abreast of annual code updates and evolving rules and guidelines in pain management billing. With clients across diverse sizes and medical specialties, our certified coders receive regular training and remain updated on specialized codes relevant to each specialty they serve. Explore a free demo today to witness how we can enhance the efficiency of your practice, boost revenue, and optimize cash flow.