Billing Guidelines for Your OB-GYN Practice to Follow - PowerPoint PPT Presentation

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Billing Guidelines for Your OB-GYN Practice to Follow

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Billing Guidelines for Your OB-GYN Practice to Follow Struggling with claim denials or delayed payments? Following the right billing guidelines is key! From accurate coding to timely submissions, streamline your OB-GYN billing to ensure faster reimbursements and a healthy revenue cycle. Need help? Contact Medical Billers and Coders at info@medicalbillersandcoders.com to optimize your OB-GYN billing today! Read More: #OBGYNBilling #MedicalBillingTips #ClaimDenials #RevenueCycleManagement #MBC #MedicalBillersAndCoders #HealthcareBilling – PowerPoint PPT presentation

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Date added: 19 November 2024
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Title: Billing Guidelines for Your OB-GYN Practice to Follow


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(No Transcript)
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Billing Guidelines For Your OB-GYN Practice To
Follow
Obstetrics and Gynecology is one specialty that
involves capacious claims filing. OB-GYN Practice
Services are rendered for many family planning,
obstetrics, gynecology, and anesthesia
procedures. Yet, opportunities to maximize
reimbursements are missed in virtually every
family practice. Under-coding, omitting
modifiers, and submitting claims without the
documentation needed to support them are everyday
events. The lost revenue is no small
change. Hence, outsourcing to a
professional medical billing and coding company ca
n do wonders. Outsourcing medical billing and
coding understands the particulars that go into
the process for OB-GYN billing services, and this
is why the experience of hiring an outsourcing
medical coding makes a difference. The team is
adept and keeps itself up-to-date with the latest
happenings in the healthcare industry, thus
assuring no impacts on your practices bottom
line. Experience uninterrupted cash flow and
lower your denials. Below are the guidelines for
your OB-GYN Practice to follow Outsourcing Will
Be A Wise Decision The process of outsourcing
billing is straightforward for office and medical
staff. Bills and documents are scanned and sent
electronically to the medical billing service. 
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Billing Guidelines For Your OB-GYN Practice To
Follow
  • The medical billing staff handles data entry and
    claim submission on behalf of the practice. The
    industry average pay is around 7 charged for
    processing claims. In addition, the medical
    billing service follows up on rejected claims,
    handles delinquent accounts, and sends invoices
    directly to the patients.
  • How can OB-GYN Practice Billing Guidelines Help
    with correct coding?
  • OB-GYN healthcare professionals are well-versed
    in the effects of incomplete, wrong, or delayed
    clinical documentation, which can ultimately
    affect their financial bottom line.
  • Thorough and precise documentation is the basis
    of all medical coding, billing, claims
    submission, and follow-ups. Correct medical and
    billing coding of OB-GYN services makes receiving
    accurate payment easy and hassle-free, and it
    hinges on quality, precise, and thorough clinical
    documentation.
  • The Obstetrics Gynecology Billers and Coders
    would initiate a follow-up on patient claims
    pending for more than 18 days and optimize your
    current cycle to 21 to 25 days, depending on the
    kind of insurance accepted by your clinics, with
    their accumulated knowledge of
  • Accurate Coding On ICD-10 And CPT Platforms
  • Raising Paper And Electronic Bills

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Billing Guidelines For Your OB-GYN Practice To
Follow
  • Following Up With Pending And Under-Paid Claims
  • Working On Pre-Authorization For Approaching
    Procedures
  • With the help of a professional medical billing
    service, you have paperless billing, which
    streamlines the billing process. This assures
    patient privacy, remains organized, and ensures
    client satisfaction. Digital documentation means
    you do not have to have extra storage space, and
    costs are reduced on office supplies. Finally,
    accuracy and efficiency are assured with the
    electronic billing option.

5
Billing Guidelines For Your OB-GYN Practice To
Follow
  • OB-GYN Practice Needs Super-Efficient Coding
    Process
  • An overworked coder rushing to beat peak-hour
    traffic and a busy OB-GYN physician is the
    perfect recipe for coding errors and penalties.
    Most OB-GYN practices have more than one
    physician to handle any emergency care the
    specialty demands. Looking at their schedule,
    getting a medical billing coding company on board
    is highly recommended.
  • You could either stick to middle-of-the-road
    coding and lose hundreds of dollars every month
    or work with expert OB-GYN medical billers and
    coders who can speed up your coding processs
    accuracy and efficiency.
  • Benefits Of Hiring OB-GYN Billers
  • Our Specialty Medical Billers Have Many Tasks
  • Understanding Fee Schedules, Commercial Payer
    Regulations, And Medicare / Medicaid Guidelines.
  • Answering Patient Queries Regarding Billing
  • Compliance With All HIPAA Regulations And Rules
    To Assure Accurate Billing.
  • Data And Charge Entry
  • Management Of Accounts Receivable

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Billing Guidelines For Your OB-GYN Practice To
Follow
  • Physician Credentialing For The Healthcare
    Facility
  • HCPC, ICD-10, And CPT Coding
  • Payment Posting
  • Electronic Data Interface
  • Handling Denials Through Dedicated Revenue
    Management
  • Final Thoughts
  • OB-GYN Medical Billing Companies are an efficient
    way to cater to many specialties for their
    revenue cycle management in the medical fields,
    including OB-GYN. As this specialty deals with
    voluminous claim filings, they are more
    proficient at dealing with all sorts of issues
    and errors, such as maternal-fetal medicine,
    gynecological urogynecology, pelvic
    reconstructive surgery, menopausal and geriatric
    gynecology, family planning claims, etc.
  • Outsourcing medical billing companies keep the
    payment cycle to a maximum of 25 days. Their team
    is well versed with HCPCS codes such as J2675,
    G0101, Q0091, and CPT code 59514 and their
    complicated services and reimbursements. With
    increased medical cases, competition, and billing
    and coding regimens, there is hardly any reason
    that you should not choose an outsourcing medical
    billing company for all your OB-GYN billing and
    coding needs.

7
Billing Guidelines For Your OB-GYN Practice To
Follow
  • MBC is a leading outsourcing medical
    billing company that provides complete revenue
    cycle services. To learn more about OB-GYN
    billing services, contact us at info_at_medicalbiller
    sandcoders.com or 888-357-3226.
  • FAQs
  • Why is outsourcing OB-GYN billing and coding a
    good choice for practices?
  • Outsourcing allows OB-GYN practices to streamline
    billing processes, improve accuracy, and reduce
    errors. A specialized billing service can handle
    claim submissions, follow-ups on rejected claims,
    and manage delinquent accounts while ensuring the
    practice adheres to payer requirements and
    maximizes reimbursements.
  • What are the common issues in OB-GYN billing that
    can affect reimbursement?
  • Common issues include under-coding, missing
    modifiers, incomplete documentation, and delayed
    claim submissions. These errors can result in
    lost revenue and claim denials, so expert coding
    and thorough documentation are essential.
  • How can precise coding improve the revenue cycle
    for OB-GYN practices?
  • Accurate coding on ICD-10 and CPT platforms
    ensures proper reimbursement and reduces the
    likelihood of claim denials. By partnering with a
    professional billing service, OB-GYN practices
    can maintain high coding standards,

8
Billing Guidelines For Your OB-GYN Practice To
Follow
leading to an efficient revenue cycle with timely
payments. What tasks do OB-GYN medical billing
companies handle? OB-GYN medical billing
companies manage fee schedules, comply with
Medicare/Medicaid and commercial payer
guidelines, conduct charge entry, handle accounts
receivable, post payments, process electronic
data, and manage denials through revenue
management. They also support HIPAA compliance
and answer patient billing queries. What are the
benefits of electronic billing for OB-GYN
practices? Electronic billing streamlines the
billing process, reduces the need for physical
storage, cuts office supply costs, and enhances
accuracy and efficiency. It also ensures patient
privacy and improves organization, allowing
quicker claim submissions and reimbursements.
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