In the past few years, there have been many changes that have occurred in the administration and medical billing area of the healthcare industry. Education and support from a trusted source have never been more important. From the ICD-10 changes to the Affordable Care Act (ACA) and advances made to medical billing solutions, there’s a lot to learn and a lot to keep up with in the medical billing field. Your billing team needs to be up-to-date with all of the latest coding and technology to help keep your practice or clinic running efficiently and effectively. Training, education, and support need to be provided at regular intervals to ensure that everyone is working at capacity.
Why Medical Billing is Important
Medical billing and coding is an essential process that is important to the ongoing success of any ENT practice or clinic. The medical billing department prepares billing claims, submits them to the insurance providers, and ensures that the practice or clinic is reimbursed for the services that they provide to their patients. This money comes from private insurance providers and other healthcare programs, including Medicare and Medicaid. Medical billing solutions are used to ensure that the proper funds are received. A medical practice is still a business and medical billing is key to ensuring a steady cash flow so that practice can stay in business.
Medical coding plays an important part in insurance reimbursement, as it provides each patient’s file with the unique code for each diagnosis, medical procedure, and treatment provided during a visit. By translating these actions into a universal code, the practice or clinic provides the third-party payer with all of the information that they need to process the bill correctly, allowing them to get paid in an efficient manner. The ICD-10 changes brought about the most current book of universal codes used around the globe. Created by the World Health Organization (WHO) and the contents of the ICD-10 changes aren’t just used for records and medical billing solutions, but also to keep track of data for diseases here in the United States and around the globe.
Ongoing Education and Support
It is important that your medical billing and coding team have ongoing education and support to ensure that they are effectively using your medical billing system software and that they are providing the proper codes for claims submissions. One telltale sign that more training is needed is an increase in denied or rejected claims. If that starts to happen, there is a problem with your medical billing and coding department. Doctor’s offices and clinics rely heavily on the funding that comes from insurance providers and government healthcare programs, so it is important that the claims are submitted correctly and at a regular pace.
Training, education, and support through a company that specializes in medical billing solutions for Otolaryngology specialists can be very helpful for your practice or clinic. Getting your team up-to-date on the latest ICD-10 changes and training them properly on medical billing solutions can help your office to be more effective and efficient. MD Pro Solutions provides a wide variety of consultation and training opportunities designed to make valuable improvements to your medical billing and coding department. We can even offer outsourced billing services while training occurs and provide ongoing support to your team.
How MD Pro Solutions Can Help
When you contact our team of highly trained and experienced consultants and medical billing and coding educators for assistances, we will work closely with you to achieve your goals. We start by offering a free evaluation that looks at your whole medical billing system and processes to identify areas that need help. We can even work with your front desk staff and billing team independently to make improvements that will ensure that you are getting paid for the work that you do. Our overall goal is to work with you to optimize your coding system. Then, you will be able to maximize your earning potential and protect your practice from billing inaccuracies or fraud at the same time.
In addition to training for your medical billing system, we also provide education and support for patient financial policies, development of policy manuals, and online training and testing for your staff. Authorization training, testing, and screening, as well as ICD-10 changes education and training, can also be specifically addressed, as needed. Online coding help for CPT with RVU Global days and CCI edits, as well as ICD-9 and ICD-10, cross-links support can also be provided to your team. The goal is to make improvements to your medical billing solutions to provide you with a much more effective and efficient work environment. Give us a call at 508-946-1665 to schedule a consultation or to learn more about our services.