From reduced cost, to increase in accuracy and huge cost savings, read this blog post to find out how outsourcing medical coding can benefit your hospital in five different ways.
Medical coding is not only demanding, but also a challenging task for busy medical practices. Today several hospitals and private healthcare practices choose to outsource medical coding, in order to steer clear of problems like under-coding and over-coding, which could result in claims getting rejected. Not only is outsourcing a practical business management decision for most practices struggling with in-house medical coding, it can also bring in several other significant benefits. Here are five ways outsourcing medical coding can benefit your hospital/practice.
Find out why your hospital needs to leverage the five benefits of outsourcing medical coding.
Healthcare is getting more complex by the day. It is the concerned and confused patient who gets stuck between the provider and the payer, having for worry about the diagnosis, treatment or billing. CPT or Current Procedural Terminology codes are a uniform code that is used to describe the procedural, medical, surgical and diagnostic services offered by healthcare providers.
Even a minute error in the coding can lead to improper treatment and payments. This could develop into a disastrous situation for everyone. This is why healthcare providers have to very cautious in ensuring the right management and analysis of provider reimbursement and patient billing.
Though CPT codes are important, healthcare providers cannot afford to let medical coding distract them from their core capabilities of providing patient care. Outsourcing medical coding is a great option as healthcare providers can focus on better patient care, while patients are kept healthy and happy.
Use these tips to get the best out of a remote team of medical coders working on your claim submissions.
A recent Black Book Rankings study has revealed that 19% of hospitals are currently outsourcing medical coding, with over 47% planning to outsource medical coding over the next 14 months. It is a proven fact that remote medical coding can increase your productivity. However, most hospitals/ clinics worry about how they will manage a business relationship with medical coding professionals, who work overseas.
Here are some handy tips on how to manage a team of remote medical coders:
Tip # 1: Instruct the team with details/ specifications
Ensure that you provide the offshore medical coding team with everything that is needed for accurate claim submission. Give them a brief on the coding software that you use and provide them with details about how exactly you want your medical coding to be done. Continue reading →
If you are a physician then you know that everything that a healthcare physician does and why it was required appears on medical claim forms as a series of codes. CPT or the Current Procedural Terminology describes the surgical, medical and diagnostic services/procedures performed by physicians and other health care providers. The CPT is a collection of thousands of specific service codes and dozens of modifiers, along with clearly defined rules on how the codes must be used.
The CPT system was created and is now owned and maintained by the American Medical Association (AMA). The primary purpose of the CPT system is to cater to the reporting and data collecting purposes of public health professionals. The CPT is also essential for patients who want to bill their patient care services.
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