Gastroenterology Billing: Best Practices To Maximize Revenue

1
Gastroenterology Billing Best Practices To
Maximize Revenue
https//www.247medicalbillingservices.com
1 888-502-0537
2
Gastroenterology Billing Best Practices To
Maximize Revenue
Gastroenterology is the division of medicine
regulating the digestive system and its
dysfunctions. This specialization focuses on
diseases affecting the gastrointestinal tract,
including the organs from mouth into anus, along
the alimentary canal. Billing and coding for
gastroenterology remain challenging and require
expert knowledge to ensure maximum
compensation. Additionally, gastroenterology
billing requires the ability to track
underpayments efficiently. This specification
often surpasses the competency of most billing
software and in-house billing staff. GI practices
not adequately targeting underpayments face
significant revenue issues.
https//www.247medicalbillingservices.com
1 888-502-0537
3
Gastroenterology Billing Best Practices To
Maximize Revenue

• Moreover, with the subsequent payment cuts
  affecting gastroenterology practice revenue, more
  practices rely on gastroenterology medical
  billing and coding companies to maximize their
  reimbursement.
• Medicare has cut compensation for colonoscopy up
  to 17 percent, which has affected access to care.
  Colonoscopy is a life-saving procedure that
  significantly benefits colon cancer inhibition.
• Incomplete colonoscopies are compensated at
  one-half the cost of a finished procedure with
  the corresponding code.
• Though made no modifications in the Physician
  Quality Reporting and Value-based Payment
  Modifiers, there will be improvements to pay for
  quality reporting and other factors under the
  Merit-Based Incentive Payment System and
  Alternative Payment Models, claimed by the
  Medicare Access and CHIP Reauthorization Act.

https//www.247medicalbillingservices.com
1 888-502-0537
4
Gastroenterology Billing Best Practices To
Maximize Revenue

• Conclusion
• Outsourcing medical billing refers to hiring an
  external agency by a healthcare provider who
  takes care of all the medical billing aspects. At
  24/7 Medical Billing Services, bring excellence,
  knowledge, and accuracy to billing and
  coding services while developing a revenue cycle
  without defects for your practice. With abilities
  across the revenue cycle chain- patient
  demographics entry, insurance verification,
  insurance authorizations, coding, billing,
  reconciling accounts, and denial management.
• Our team strives to advance a smooth billing, codi
  ng, claim submission, and payment posting
  process. We guarantee consistent accounts
  receivable follow-up and prior authorization to
  avoid claim rejections

https//www.247medicalbillingservices.com
1 888-502-0537
5
Gastroenterology Billing Best Practices To
Maximize Revenue
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.  Media Contact Hari Sudan,  24/7 Medical
Billing Services, 16192 Coastal Hwy, Lewes, DE
19958 Tel [phone] Email -
info_at_247medicalbillingservices.com
https//www.247medicalbillingservices.com
1 888-502-0537