Thorough Billing Assessment to increase reimbursement

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• Thorough Billing Assessment to increase
  reimbursement

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Thorough Billing Assessment to increase
reimbursement
Manage patient care with medical billing is a
major challenge of medical practice management.
Every physician should perform thorough billing
assessment once a year. Billing assessment
involve examining your practice revenue cycle
from top to bottom. Revenue Cycle Management The
revenue cycle begins eligibility verification
means patients insurance verification and ends
when the patients account reaches a zero
balance. A proper billing assessment should
consider all steps involved in this process. If
you start looking from bottom to top in your
revenue cycle process, will identify problems in
the cycle, and continuing backwards from there
will likely reveal the source. You can identify
improper coding, mistakes in claim preparation,
failure to follow guidelines or a number of other
issues in the medical insurance billing
process. Medical Practice Audits You should
start billing assessment with self-audits. Your
practice should run audit frequently. This will
helpful to your practice to point out revenue
draining issues like under-coding and
over-coding, incomplete documentation, payer
denial trends, under performing accounts and
services, and where other medical insurance
billing errors are being made. Data from the
audits should be compared to industry benchmarks
to measure your practices performance against
top performing practices. All of this will lead
to effective emulation of those top performers
best practices.
Medical Billing Services in Oregon
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Thorough Billing Assessment to increase
reimbursement

• At Medisys, we also conduct practices thorough
  billing assessment. Medisys assessments are
  customized to the needs of the client. Basic
  points to check
• Review of in-house compliance programs and CPT
  coding
• Operational reviews of billing
• Analysis of revenue loss from medical necessity
  with recommended changes to follow-up procedures
  to insure greater compliance
• Investigation of fee schedules, provider
  arrangements and CPT coding, and recommended
  changes to address situations where claims are
  denied or inadequately paid
• Evaluation of internal processes with
  recommendations for streamlining patient
  registration, the pursuit of missing information,
  and the collection effort
• Are you leaving money on the table? Let the
  experts assess your billing system to ensure you
  are getting payment at first time. Get in touch
  with our Medical billing manager at
  info_at_medisysdata.com or call us at 302 261 9187.
• About Medisys
• We are a group of medical billing experts who
  offer comprehensive billing and coding services
  to doctors, physicians hospitals. We provide
  end to end billing and coding solutions. Medisys
  Data Solutions RCM solutions ensures that the
  providers recover every they are entitled to.
  Our vision for the providers is You Cure. We
  ecure.

Medical Billing Services in Oregon