Radiology And Imaging Centers Billing Best Practices PPT
                     
RADIOLOGY AND IMAGING CENTERS 
BILLING BEST PRACTICES
Today’s radiology practices face significant financial challenges. Over the last 
decade, compliance rules have changed, physician reimbursements have 
fallen, high-deductible health plans have become common, and the costs of 
employing staff to provide services, such as 
Radiology and Imaging Centers Billing and audits, have risen. All of 
these factors have reduced the operating margins of practices. In other 
words, it can be said that radiology practices face numerous reimbursement 
challenges – adding trouble to their survival. But fortunately, such practices 
can improve inefficiencies in various ways. As a result, practices should 
consider novel approaches to managing these dynamics.
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1. Leverage Technology for Collections
After insurance payments, there will inevitably be uncollected balances, and the 
practice will have to contact the patient for payment. Accounts receivable follow-up 
activity can be scheduled and executed automatically. The current standard for accounts 
receivable processing is to get the patient 30 days after the initial statement via an 
automated phone call. Automated outbound patient calls should be made during call 
center hours of operation so that the patient can be transferred directly to an agent if 
desired. The contact would become a ‘final notice before collection’ on the third cycle.
3. Other Practices
• Monitor Medical Necessity
• Keep Dictation Needs Up to Date
• Examining the Templates and Exam Titles
• Review the templates and exam titles used for billing on a regular basis. This will aid 
in ensuring that they remain accurate and up to date.
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2. Avoid Backlogs in Radiology and Imaging Centers Billing
Many radiologists juggle multiple patient care priorities as they work in health systems 
and radiology clinics. When you add billing administrative tasks to their list of 
responsibilities, they frequently require assistance to cope, resulting in piled-up medical 
billing tasks and delayed reimbursements.
They can stay current on billing and achieve better financial outcomes by turning to 
specialized medical billing companies while significantly reducing total costs to 
manage medical billing processes. Nowadays, reimbursement rates are declining while 
employee costs are rising; radiology clinics and health systems need help to achieve and 
maintain profitability. You can rely on the radiology billing and coding outsourcing option 
to improve your financial performance, as the third parties have a robust global delivery 
model and specific expertise in radiology billing.
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Timely Claims Reimbursement!
The financial stability of radiology and imaging centers is inextricably linked to 
timely medical billing and reimbursement. Thereby, hiring medical billing 
companies would greatly assist healthcare practices in increasing their 
revenue. An experienced medical billing company such as 24/7 Medical Billing 
Services can provide hospitals and imaging centers with accurate 
radiology billing services. 
A professional billing service provider enables radiology practices and imaging 
centers to submit error-free medical bills within the time frame specified, 
avoiding the possibility of claim denial or rejection. They would not only be 
able to maximize their reimbursement and revenue but also save the time and 
effort required to perform in-house medical radiology billing procedures.
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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]