What Makes Radiology Medical Billing Difficult - PowerPoint PPT Presentation

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What Makes Radiology Medical Billing Difficult

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By outsourcing the radiology medical billing services to 24/7 Medical Billing Services, one can be assured that all the diagnostic radiology coding and payer rules and procedures will be followed. – PowerPoint PPT presentation

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Title: What Makes Radiology Medical Billing Difficult


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What Makes Radiology Medical Billing Difficult?
  • Radiologists need to be experts in diagnosing
    several ailments and monitoring the treatment,
    and predicting the outcome besides that, these
    experts play a crucial role in managing the IT
    applications for healthcare. It is pretty
    challenging to ensure appropriate reimbursement
    as public, and private payers mainly scrutinize
    the imaging services.
  • There is always a chance of having compliance
    issues due to this, plus there might be lost
    charges or under-coded charges. Usually, the
    majority of errors are only found when claims are
    disputed, or audits are performed. Both medical
    billing and coding services play a crucial role
    in order to stay viable.

 https//www.247medicalbillingservices.com
 info_at_247medicalbillingservices.c
om
 https//www.247medicalbillingservices.com
 info_at_247medicalbillingservices.c
om
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Some of the latest changes that are impacting
radiology services are as follows
  • Coding Provisions and Revisions
  • National Correct Coding Initiative (NCCI) and The
    Centers for Medicare and Medicaid Services (CMS)
    have made some revisions regarding coding and
    altered the coding policies. NCCI has made code
    corrections for radiotherapy planning procedures,
    while the CMS has brought alterations in coding
    practices for low-dose CT lung cancer screenings.
  • The Boom in Data Analytics
  • The experts from the industry tend to point to
    data analytics that are driving the medical
    facilities currently. Big data and workflow
    analytics help drive more value which ensures the
    process moves more efficiently and in a
    streamlined manner.

 https//www.247medicalbillingservices.com
 info_at_247medicalbillingservices.c
om
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  • Value-Based Payments
  • A plethora of radiologists participate in the
    physician quality reporting system thanks to the
    falling reimbursements and ever-increasing
    business expenses. Every year, the incentives
    under PQRS tend to increase. If one wants to get
    a bonus under this system, then reporting
    successfully on three measures per physician is
    mandatory.
  • Managing the Swift in IT systems
  • It is known that radiology practices tend to
    change the IT systems that face several data
    migration complications. They have to work under
    the IT system vendor to get a realistic migration
    schedule and make contingency plans. Above all,
    one needs to ensure that cleanup is executed
    accurately.

 https//www.247medicalbillingservices.com
 info_at_247medicalbillingservices.c
om
 https//www.247medicalbillingservices.com
 info_at_247medicalbillingservices.c
om
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  • Improve the Workflow Management
  • The driving workflow of the orchestration in the
    imagining informatics arena is the consolidation
    in the healthcare sector as several radiologists
    are working in larger groups.

  • Conclusion 
  • Thus, outsourcing radiology billing
    services would help them resolve many of the
    issues listed above and streamline their crucial
    activities for the radiology practitioners. 24/7
    Medical Billing Services is a reputed company
    with a decade-long experience in providing
    revenue cycle management and medical billing
    services. By outsourcing the radiology medical
    billing services, one can be rest assured that
    all the diagnostic radiology coding and payer
    rules and procedures will be followed. The
    correct codes to submit accurate claims and the
    reporting add-on codes for PQRS measures will be
    followed, which will help radiologists achieve
    targeted PQRS success.

 https//www.247medicalbillingservices.com
 info_at_247medicalbillingservices.c
om
 https//www.247medicalbillingservices.com
 info_at_247medicalbillingservices.c
om
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About 24/7 Medical Billing Services
24/7 Medical Billing Services is the nations
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
 info_at_247medicalbillingservices.c
om
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Call us Today
Media Contact 24/7 Medical Billing
Services, 28405 Osborn Road, Cleveland, OH,
44140 Tel 1 -888-502-0537 Email
info_at_247medicalbillingservices.com Website
https//www.247medicalbillingservices.com/
 https//www.247medicalbillingservices.com
 info_at_247medicalbillingservices.c
om
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