Medical practitioners carry out the noble task of helping patients with their health and wellness needs. Assisting patients overcome their medical complications is a very fulfilling job— and it pays well too. However, a doctor’s work is rendered financially ineffectual unless they thoroughly follow up with insurance companies to receive payment for the services they offered.
This is where medical coding and billing services step in.
Medical coding is the process of having every medical procedure and diagnosis properly coded and priced, so a doctor can be correctly paid for their services. Medical billing, on the other hand, is the process of submitting medical claims and following up with health insurance companies to ensure the doctor is paid on time.
Every patient requires different services and at MedConverge, we offer specialty medical coding and billing services that include the following areas:
How Medical Coding Services Work
The purpose of medical coding services is to create a collective language between all clinics, medical practitioners, and healthcare insurance providers so there’s no confusion when it comes to payment.
The process of medical coding begins when the patient calls their medical practitioner and books an appointment. The medical coder first makes sure that every service the doctor offers— whether it’s a medical procedure or just a diagnosis— is matched with the corresponding code. The codes must be tallied used the International Classification of Diseases (ICD) and Current Procedure Terminology (CPT).
Once the coding is completed, the medical biller will communicate with the relevant insurance companies in what is known as Revenue Cycle Management (RCM). During RCM, claims submissions are managed, and the due bills are paid to the medical practitioner for their healthcare services.
Medical Coding Services
Medical coding and billing services are necessary to ensure the smooth sailing of any medical practice. However, up to 49% of all medical claims contain errors. All medical practitioners should tread with care and only choose comprehensive services to optimally increase their revenue and make practice management easier.
At MedConverge, we offer the following management services to enhance the process and increase revenue.
- AAPC/AHIMA Certified Professional Coders (CPC) and Certified Coding Specialists (CCS) who are up to date with ICD codes
- Clinical documentation improvement alongside coding
- Quality assurance and dedication to deadlines
- Process-oriented teams
- Custom services based on the needs of the medical practice
With the right medical coding services, medical practitioners can increase their profit while improving the care they offer to their patients at the same time.
Value Our Medical Coding Professional Bring to Your Revenue Cycle
The job of our medical coders and medical billers is to act as an intermediary between the medical practice and the insurance providers. Through using our services, the chances of coding errors are reduced and, in turn, revenue is increased.
We focus on improving medical documentation quality, so the risk of claim denials caused by coding and billing errors is diminished, and revenue increases.
Once our medical billers and coders take over the burden of dealing with policy changes and practice management, the doctor can entirely focus on enhancing their patients’ healthcare experience. This leads to an increase in the practice’s ratings and can bring in more patients— further resulting in more revenue.
Are You Looking for a Medical Billing Quote?
Medical practitioners can optimize their process and increase their revenue by improving their medical coding and billing services. At MedConverge, we take over the time-consuming process of revenue cycle management, so physicians and health care providers can focus on delivering quality care to their patients— without having to worry about getting paid for their services.
Contact MedConverge today to get a medical billing quote and start optimizing your medical practice.