Title: Radiation Oncology Billing Services for an Augmented Revenue Cycle
1(No Transcript)
2Radiation Oncology Billing Services for an
Augmented Revenue Cycle
The ever changing medical science industry has
over the last decade observed unprecedented
changes in the form of medical advances and
technological innovation. All of these
developments have enormously affected the way
patient treatments are conducted and have also
transformed practitioners from being mere doctors
to business persons. Likewise, the field of
Radiation Oncology billing and coding has also
undergone several CPT changes, which if not
implemented correctly can reflect in delayed and
denied reimbursements that might hamper your
facilities bottom line. Infrastructure costs are
rising rapidly, straining productivity for both
hospital-based and outpatient radiation oncology
centers. Add to those regulatory changes,
healthcare reform, and the increasing complexity
of revenue cycle processes, radiation
oncology providers are finding it increasingly
difficult to maximize revenue and maintain
profitability. Beating these difficulties
requires a solid bottom line controlled by
specialists in medical billing and coding,
particularly for radiation oncology. Many
facilities today partner with outsourced medical
billing services for radiation oncology practices
and deliver the expertise you need to achieve
your financial objectives and remain compliant.
Radiation oncology billers handle all coding and
billing needs for hospital-based and small to
medium radiation treatment centers, so that
providers can fully focus on patient care.
3Radiation Oncology Billing Services for an
Augmented Revenue Cycle
- It's important that radiation oncology Revenue
Cycle Management errands are completed as
precisely and proficiently as possible to boost
income and maintain a strategic distance from
pointless delays and denials. Experienced
offshore billing agencies involvement in
overseeing radiation oncology income cycle, has
lots to offer. They can help you explore and
navigate through the complex federal, state and
private insurer requirements. - This is an ideal time for radiologists to begin
to use standardized reporting across their
practice to ensure that all of the critical
elements of documentation are met, and if the
in-house department is falling short of doing so,
well than you know what is your best option, a
dedicated radiation oncology billing and coding
company. - How will a dedicated billing and coding
organization help you in augmenting your Oncology
Revenue Cycle? - Effectively dealing with your documents and
working with you to distinguish and accomplish
your goals. The certified billing manager fills
in as your vital contact and leads a devoted
group of radiation oncology billing and coding
specialists who are focused on your prosperity.
4Radiation Oncology Billing Services for an
Augmented Revenue Cycle
- Guaranteeing all procedures rendered are billed
by accommodating charges received for charging
against your services log to flag missing
charges. - Collective first pass claims acceptance to
accelerate your cash flow. The embedded rules
engine improves claims acceptance on first
notification by proactively applying third-party
rules. - Recognizing third-party underpayments via
automatically comparing each payment against your
contracted rates. The radiation oncology charging
and coding experts will stack your fee schedules
in their systems, track paid cases line-by-line,
and effectively follow up after any underpayments
to guarantee you are paid adequately for the
services provided. - Minimizing denials through all-inclusive denials
routing, reporting, and management. Denials are
routed to denial management experts who are
skilled at identifying root causes and managing
the required follow up. This kind of detailed
reporting heeds in identifying trends and, serves
as the basis for creating additional rules to
decrease the number of denials, while augmenting
the revenue cycle. - Effectively overseeing patient by coordinating
courtesy phone calls with patient statements.
Some billers even offer the services of an online
patient portal with various payment options. - Giving significant knowledge and far reaching
understanding into your practice execution with
planned and on-request detailing by means of our
strong business insight stage.
5Radiation Oncology Billing Services for an
Augmented Revenue Cycle
A devoted radiation oncology billing and coding
company works as an extended part of your
oncology facility. They can help you boost your
reimbursements, enhance your revenue cycle, keep
errors in billing at bay and most importantly let
you concentrate on the most vital part of your
job, which is patient care and consideration. Med
ical Billers and Coders (MBC) is a leading
medical billing company providing complete
revenue cycle services. To know more about our
Radiation Oncology billing and coding services,
contact us at info_at_medicalbillersandcoders.com/888
-357-3226.