Uploaded on Jan 9, 2023
24/7 Medical Billing Services ensure the accuracy of surgery medical billing and collections to enjoy the benefits of 100% reimbursements. 24/7 Medical Billing Services is a well-equipped professional and trained staff well-versed in providing Medical Billing and coding services. Book your appointment now on 888-502-0537 [email protected]
Tips To Increase Surgery Billing And Collections PPT
TIPS TO INCREASE SURGERY
BILLING AND COLLECTIONS
General surgeons demonstrate enormous expertise by performing procedures
ranging from hernia repair to bariatric surgery. They also perform open
surgeries and robot-assisted minimally invasive surgeries. However, the
advancement of cutting-edge technology that allows general surgeons to
perform advanced surgeries necessitates that they constantly learn and
upgrade in order to stay on track. All this leads to the availability of a
negligible amount of time for general surgeons to focus on medical bills and
reimbursements. So, what is the key to ensuring the accuracy of surgery
billing and collections to enjoy the benefits of 100% reimbursements?
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TIPS TO INCREASE YOUR PRACTICE’S
COLLECTIONS
Tip #1: Manage your Claims Properly
Did you know that nearly 80% of medical bills (including surgery) contain
mistakes? Insurers easily deny many such erroneous claims due to the strict policy
rules. If your system fails to receive and process these denials quickly, the insurer
will not pay you.
As a result, make sure you have a specific denial management service process
in place to deal with reprocessing claims on a proactive basis. Your top priority
should be to reduce the number of denied claims. If you still face the issue of
denials, make sure to reprocess them within a week.
https://www.247medicalbillingservices.com [email protected]
Tip #2: Establish a Transparent Collection Process
Surgeons typically have a lot on their plates. But don’t worry, as you can deal
with repetitive payment processes by creating a rulebook that all your staff can
follow. Also, compile all the information into a comprehensive document that will
serve as a standard rulebook for all your patients. Ensure that your team
understands each step of the surgery billing process and its responsibilities.
Make your new hires attend a training seminar to become thoroughly
acquainted with the collection process.
Additional Tip #3:
• Outsourcing Surgery Billing & Coding
Outsourcing general surgery billing and coding gives you unprecedented
control over revenue flow and patient experience. Though general surgeons,
surgical clinics, or hospitals choosing to partner with RCM companies experience
some revenue increases, they still need help with issues such as lack of follow-
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Points to Remember:
Investing in experienced surgery billing and coding processes allows you to
focus on your job as a surgeon with confidence. You might think you have
everything you need to maximize your surgery billing and collections. However,
you need to be more proactive in the collection process in order to be prepared
for any eventuality. Here are the few points you must follow:
• Educate yourself on changing surgery medical billing rules and coding
protocols.
• Identify any problematic accounts.
• Track down any outstanding payments.
• Monitor the revenue cycle of your practice.
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]
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