What is the best solution for radiology coding issues? - PowerPoint PPT Presentation

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What is the best solution for radiology coding issues?

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Coding precision is vital for radiology practices to get paid for rendered services. Since coding inconsistencies are quite common in radiology environments, it becomes necessary to have expert billers and coders working for the practice. – PowerPoint PPT presentation

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Title: What is the best solution for radiology coding issues?


1
What is the best solution for radiology coding
issues?
  • 24/7 Medical Billing Services
  • Info_at_247medicalbillingservices.com
  • Phone 1 888-502-0537

2
Coding precision is vital for radiology practices
to get paid for rendered services. Since coding
inconsistencies are quite common in radiology
environments, it becomes necessary to have
expert billers and coders working for the
practice.
3
(No Transcript)
4
The main reason behind coding inconsistencies is
that the professional and technical billing
processes dont often overlap. There are chances
a technologist focused on patient care will miss
the charge-capture updates that are required for
reflecting a change in patient procedures or
supplies being used. Even a busy radiologist may
interpret an exam using a different procedure
name or may not have the necessary documentation
for supporting coding for a certain procedure
even though it was completed. Due to this
disconnect, a greater risk of compliance issue
crops up and it leads to under-coded or lost
charges.
5
Every radiology practice is dependent on the
proper execution of a complex chain of diagnosis
and disease coding and procedural coding. But
unfortunately, not all radiologists are aware of
the important link between the two coding
systems. Inconsistencies in coding noticed by
payers can leads to denials, delayed payments and
an increased risk of compliance. With ICD-10,
coding challenges have increased. This has pushed
the need for trained coders who have a good
understanding of the codes. Also, radiologists
need an expert team of billers who understand the
complexities of the reimbursement system and who
can help the providers comply with the changing
directives.
6
Errors in coding cost an average radiology practic
e the equivalent of a full time coding
professional. Errors also leave the practice
vulnerable to compliance risks. So it is very
important for practices to provide adequate
documentation to the coders so that they have the
necessary data for maximising revenue. The coders
need to be well-trained and experienced because
if they are over-coding, then it will threaten
compliance and if they are under-coding, it will
result in lost revenue. In order to deal with
radiology coding challenges, many providers have
started outsourcing their reimbursement needs to
a third party. They are hiring a billing partner
to get access to their team of certified coders
who are specialised in radiology coding. Billing
companies not only help radiologists overcome
revenue challenges but they also help the
providers identify deficiencies in their
documentation. This is necessary for improving
the quality of medical records and also for
optimising reimbursement.
7
Contact Us
  • 24/7 Medical Billing Services
  • 16192 Coastal Hwy,
  • Lewes,de 19958,USA
  • 2028 E Ben White Blvd 240-1030,
  • Austin, Tx 78741,usa
  • Phone  1 888-502-0537
  • Fax 1 888-635-9013
  •  Info_at_247medicalbillingservices.Com
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