It doesn’t matter how large or small your practice, the medical billing system that you choose to provide quality ENT billing and coding can either help or hurt your bottom line. However, even if you have the most expensive, highly-rated, top-of-the-line program available, it won’t provide you with the services you need if your team doesn’t know how to use it. At MD Pro Solutions, we offer our clients services based on their unique needs and requirements. If your current medical billing system is working great, we can find other ways to maximize revenue and improve clinical coding optimization. If you are having issues with following up on claims or require our healthcare consulting services in other areas, we can still help you get the most out of your existing software program.
The Importance of Medical Billing and Coding
A lot of practice managers and physicians take medical billing system services for granted, assuming that they are all the same. Not wanting to have to invest more into replacing an existing system that isn’t working, they often try to make the best out of a bad situation and carry on for years using the same broken or failing program. Our team knows every medical billing system program that’s out there, and we can help you maximize the return that you get from your investment and train your staff to use it more effectively. Medical billing and coding is the backbone of the healthcare industry. Without it, you would never get paid for your services and would soon go out of business, unable to help patients in the future.
The more you can do today to improve ENT billing and coding, the easier it will be to grow your practice and offer more comprehensive services to your patients. The goal of any physician or practice manager should be to provide quality patient care. However, it’s hard to do anything else if you spend a bulk of your time worrying about your medical billing system. Staff needs to receive regular education updates, training, and support to ensure that they are up to date with the latest technology, coding requirements, and healthcare industry regulations from the federal government. MD Pro Solutions can offer all of that and more with our professional healthcare consulting services.
What Does Medical Coding Do?
In the simplest definition, medical coding takes everything that happens during a patient visit and translates it into codes that are used to submit claims to third-party payer programs (insurance companies) to receive reimbursement for services provided. Billing and coding go hand-in-hand, but they are separate processes. Coding involves the extraction of billable information from the medical records and other patient information provided by the physician and medical staff. Medical billing uses the codes to create an insurance claim for each patient that is submitted for payment.
If the coding is done improperly or the billing is not done according to industry requirements, payments might be delayed, and claims could be denied. The entire process begins when the patient schedules an appointment and ends at the point that the practice receives payment for the services rendered. The cycle for ENT billing and coding can last anywhere between a week to 30 days or more, depending on the services that were provided and the complexity of the claim. The more your staff can do to collect proper information, ensure that clinical coding optimization is performed, and utilize the medical billing system to its full potential, the faster you will get paid. The more you know about billing and coding, the easier it is to understand why it is so crucial to the success of any practice or clinic.
MD Pro Solutions
When you hire our team for healthcare consulting services, you gain a team of highly trained and experienced industry experts who have worked for many years, specifically with ENT billing and coding management. We provide consultation services to physicians and practice managers who serve patients in the specialized area of Otolaryngology. This helps us to stay focused expressly on your needs and requirements, increasing our ability to offer a broad spectrum of services that you can use to your advantage. We have developed a series of proprietary solutions designed specifically for our clients to help them boost revenue and improve medical billing services.
At the core of our services, we offer education, tools, and support for the medical billing system and coding. We do not require our clients to change their medical billing services, but we instead work with them to ensure that they are accurately processing claims according to industry and government regulations. Most of the clients that we serve have been able to improve the success of their billing procedures, increasing revenue by at least ten percent in just the first year alone. For more information or to schedule a consultation, give us a call at 508-946-1665.