Uploaded on Mar 30, 2023
Are you observing too many denials with your radiology practice? Speak with a 24/7 Medical Billing Services Revenue Cycle Management Specialist today! Contact us at +1-888-502-0537 to schedule a meeting.
3 Factors That Affect Revenue For Your Radiology Billing PPT
3 FACTORS THAT AFFECT
REVENUE FOR YOUR RADIOLOGY
BILLING
REVENUE CYCLE MANAGEMENT IS A TECHNOLOGICAL TOOL THAT ASSISTS IN
CLINICAL AND ADMINISTRATIVE FUNCTIONS TO RECORD AND ORGANIZE
PATIENT CLAIMS, INCLUDING DENIALS AND COLLECTED PAYMENTS FOR
RADIOLOGY SERVICES. IF THIS SYSTEM MALFUNCTIONS, IT WOULD LEAD TO
INCORRECT RADIOLOGY BILLING, WHICH WILL TARNISH YOUR PRACTICE’S
REPUTATION AND HAMPER PATIENT’S HEALTHCARE EXPERIENCE.
24/7 MEDICAL BILLING SERVICES IS WELL AWARE OF THE FACT THAT
ACCURATE MEDICAL CODING AND DOCUMENTATION IS THE KEY TO A
QUALITY REVENUE CYCLE MANAGEMENT SYSTEM. BEING ONE OF THE
TOP OUTSOURCED RADIOLOGY MEDICAL BILLING COMPANIES, OUR
RESPONSIBILITY IS TO EDUCATE INDIVIDUAL HEALTHCARE PRACTITIONERS
AND PROVIDERS ON EACH ASPECT OF RADIOLOGY MEDICAL BILLING AND
CODING.
https::///wwww.2.2447m7medeidciaclbaillbliinlglisnegrsveicrevsic.ceosm.com i n f o @ [email protected]
Three factors that can impact the front end
and the middle procedure of the medical
revenue cycle:
1.INCOMPLETE PATIENT INFORMATION
THE RADIOLOGY MEDICAL BILLING STARTS RIGHT WITH THE FIRST
ENCOUNTER BETWEEN THE PATIENT AND THE HEALTHCARE PROVIDER. ENSURE
THAT YOUR STAFF GATHERS ALL THE PATIENT INFORMATION CORRECTLY WITH
EVERY MINUTE DETAIL TO ENSURE SMOOTH AND ACCURATE BILLING. COLLECTING
THE PATIENT INFORMATION ACCURATELY AT THE VERY BEGINNING CAN PREVENT
YOUR PRACTICE FROM EVERY KIND OF PATIENT REDUNDANCIES AND DELAYS IN
CLAIM REJECTIONS AND REIMBURSEMENTS. IF THE DEMOGRAPHIC OR REQUIRED
HEALTH INSURANCE INFORMATION IS INCOMPLETE OR RECORDED INCORRECTLY,
IT WOULD GENERALLY OCCUPY MUCH OF YOUR PRACTICE TIME TO CORRECT THE
MISTAKE AND GET REIMBURSEMENTS.
https://www.247medicalbillingservices.com [email protected]
2. MANUAL RECORD KEEPING
AS RADIOLOGY MEDICAL BILLING AND CODING IS RELATIVELY MORE
COMPLICATED THAN IT SEEMS TO BE, IT IS PRETTY UNDERSTANDABLE WHY
THERE ARE NUMEROUS BILLING AND CODING ISSUES. AMIDST ALL SUCH
PROBLEMS AND COMPLEXITIES, SOME HEALTHCARE PROVIDERS STILL MANUALLY
ENTER THE PATIENT DETAILS FOR CLAIMS AND DENIALS, LEAVING ROOM FOR
SEVERAL ERRORS. IF YOU IMPLEMENT AUTOMATED RADIOLOGY MEDICAL
BILLING AND CLAIMS PROCESSES FOR YOUR PRACTICE, SUCH ERRORS COULD
BE AVOIDED WHILE HAVING AN EFFICIENT BILLING SYSTEM THAT CAN
STREAMLINE YOUR PATIENT CARE SERVICES. YOU CAN ALSO OPT FOR
OUTSOURCING RADIOLOGY MEDICAL BILLING SERVICES TO INCREASE
YOUR REVENUES IF AUTOMATION ADDS ANOTHER HURDLE FOR YOUR PRACTICE.
https::///wwww.2.2447m7medeidciaclbaillbliinlglisnegrsveicrevsic.ceosm.com i n f o @ [email protected]
3. INACCURATE MEDICAL CODING
DID YOU KNOW? YOUR QUALITY PATIENT CARE IS HIGHLY DEPENDENT ON YOUR ACCURATE
RADIOLOGY MEDICAL DOCUMENTATION AND CODING. BUT INACCURATE RADIOLOGY MEDICAL
CODING IS ONE OF THE MOST COMMON RADIOLOGY BILLING ERRORS IMPACTING YOUR PRACTICE
REVENUE ADVERSELY.
UNDOUBTEDLY, YOUR HIGHER HEALTH OFFICIALS ARE OFTEN BURDENED WITH THE DUTY OF
SUPERVISING THE ENTRIES THAT ARE MADE FOR ENSURING THE QUALITY REPORTS BEFORE THEY
ARE SUBMITTED FOR THE CLAIMS. LET 24/7 MEDICAL BILLING SERVICES FACILITATE THIS PROCESS
FOR YOU BY PROVIDING A DEDICATED RADIOLOGY MEDICAL CODING AND BILLING
SPECIALIST IN CHARGE. SUCH SPECIALISTS WILL ENSURE YOU WITH PROACTIVE, EFFICIENT, AND
QUALITY MEASURES FOR YOUR RADIOLOGY BILLING PROCESS. IF YOU ALSO NEED TO ENHANCE
YOUR CURRENT RCM SYSTEM WHILE PROVIDING EXCELLENT PATIENT HEALTHCARE SERVICES, 24/7
MEDICAL BILLING SERVICES IS THE BEST OUTSOURCE RADIOLOGY BILLING PARTNER. WITH
THEIR EXPERTISE AND EXPERIENCE, YOU CAN INCREASE YOUR RADIOLOGY REVENUE CYCLE AND
MAINTAIN A HEALTHY FINANCIAL SYSTEM.
https::///wwww.2.2447m7medeidciaclbaillbliinlglisnegrsveicrevsic.ceosm.com i n f o @ [email protected]
About 24/7 Medical Billing Services
24/7 Medical Billing Services is the nation’s
leading medical billing service provider catering services to more than 43
specialties across the entire 50 states. You can rely on us for end-to-end
revenue cycle management. We guarantee up to 10-20% increase in the
revenue with cost reduction of your practice for up to 50%.
https://www.247medicalbillingservices.com [email protected]
CALL US TODAY :
Media Contact –
24/7 Medical Billing Services,
28405 Osborn Road,
Cleveland, OH, 44140
Tel: + 1 -888-502-0537
Email: [email protected]
Website: https://www.247medicalbillingservices.com/
https://www.247medicalbillingservices.com [email protected]
Comments