Uploaded on Jun 21, 2023
This comprehensive guide will provide you with an in-depth understanding of palliative care billing. Learn the basics of palliative care.
Understanding Palliative Care Billing A Comprehensive Guide
Understanding Palliative Care Billing- A
Comprehensive Guide
HTTPS://WWW.247MEDICALBILLINGSERVICE
S.COM
/
Understanding Palliative Care Billing- A
Comprehensive Guide
Did you know? Over six million patients and carers have
benefited from palliative services in community-based and
hospital settings to date. Simultaneously, remarkable claims of
cost savings and decreased resource utilization from large
palliative care programs have solidified its position as a high-
value, low-cost, patient-centered method to care for those with
serious disease nearing the end of life.
Not only this, but palliative care physicians will be expected to
stay on top of things, ensuring that services are properly billed,
coded, and reimbursed. This necessitates the palliative care
physicians to be knowledgeable about the concerns and
obstacles of specialty-specific billing and coding. This
improvement in understanding begins with recognizing
frequent two errors in palliative care coding and applying
realistic and targeted solutions which are as follows:
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Confusing ICD and CPT Codes
Many practitioners are perplexed by ICD-9/ICD-10 codes and
CPT codes, which can lead to ineffective conversations with
insurers. CPT codes show what clinicians did (the service),
whereas ICD codes explain why (often referred to as medical
necessity).
Both sets of ICD codes (ICD-9/ICD-10 codes) enable billers and
coders to convert qualitative information found in palliative
care notes into numbers that can be transmitted to payers for
service compensation. Billers then associate one or more ICD
codes with a numerical procedure code (CPT) that informs the
insurer about the clinician’s treatment of their patient.
To provide the whole picture, this combines the “what we did”
service information from CPT codes with the “for what
condition” information from ICD codes. Keep in mind that D in
ICD stands for disease and P in CPT® stands for procedure.
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Outsource your Palliative Care Billing!
Palliative care services can be highly expensive as they require
multiple team members and a significant amount of time to
deliver. Capturing services correctly and receiving
reimbursement to help program activities continue are key
difficulties. You can work with a
professional medical billing business like 24/7 Medical
Billing Services to secure appropriate compensation for
palliative care.
HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/
About Us
We are a medical billing company that offers ‘
24/7 Medical Billing Services’ and support physicians, hospitals,
medical institutions and group practices with our end to end medical
billing solutions. We help you earn more revenue with our quick and
affordable services. Our customized Revenue Cycle Management
(RCM) solutions allow physicians to attract additional revenue and
reduce administrative burden or losses.
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Contact Us
Media Contact:
24/7 Medical Billing Services
Ohio
28405 Osborn Road, Cleveland, OH 44140
Texas
2028 E Ben White Blvd, #240-1030 Austin TX, 78741
Phone no / Fax : +1 888-502-0537
Email us: [email protected]
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