Submitted by: Outsource Strategies
Medical coding and billing is all about helping medical practices handle their administrative tasks efficiently. Many medical facilities in the US, including multi-specialty hospitals, rehab clinics, individual practices, acute care clinics and long-term healthcare agencies benefit greatly by outsourcing their medical billing and coding tasks. Using advanced technologies and capabilities, they virtually handle all these complex tasks in a very cost-effective manner.
Certified Medical Coding Professionals
Professional outsourcing companies have certified coders with hands-on knowledge in the latest coding rubrics, rules and conventions. They are AAPC (American Association of Professional Coders) credentialed and experienced in coding protocols such as ICD-9 and 10, HCPCS, and CPT. Their coding tasks cover chart notes, fee slips, encounter forms, charge sheets and transcriptions.
Full Cycle Medical Billing Service
Medical billing services that professional service providers offer cover patient record setup, patient billing, electronic and manual medical claims filing, insurance follow up, insurance collection service, accounts receivable management, claims posting to patient record update and online financial reporting tasks. Medical practices can do away with the need to appoint staff to do medical billing in-house. Other benefits that come along with these services include:
Reduced billing and insurance errors
Maximized reimbursement and productivity
Less in-facility administrative workload
No upfront costs
Electronic processing of medical claims
Faster processing with quicker payment resolution
Fast turnaround time
Need to Ensure HIPAA Compliance
Medical practices should ensure that the medical coding and billing service provider that they hire is HIPAA compliant so as to ensure 100% confidentiality of patient information. The advantage of HIPAA Complaint Medical Billing Software is that it can be customized to meet the needs of the medical practice.The services of medical billing companies in Oklahoma are widely used by hospitals, physicians groups, nursing clinics, individual doctors, home healthcare agencies and other facilities. Medical billing companies help healthcare professionals to focus on their core activities and patient welfare instead of issues related to medical billing services.
Latest Technology and Skilled Experts for Competent Service
To provide their clients with quality medical billing solutions, the prominent medical billing companies in Oklahoma are equipped with a panel of experts including billing specialists, accountants and medical coders with in-depth knowledge of the latest medical billing software and procedures. Important services offered by medical billing companies in Oklahoma include:
Patient demographic entry
Insurance verification
Claim submission
Charge entry and payment posting
Accounts receivable follow-up and collection
CPT, ICD-9 and HCPCS coding
Billing and reconciling of accounts
Scheduling and rescheduling
Insurance authorization
Wide Range of Benefits
Outsourcing their medical billing jobs to a recognized medical billing company in Oklahoma, can help healthcare facilities economize by eliminating the need for maintaining additional staff and equipment to do in-house medical billing. Oklahoma medical billing companies offer benefits such as:
Elimination of voluminous paper work
Greater confidentiality and security for data
Secured data access and storage facility
Periodic data backup facility
Firewalls and antivirus software protection
HIPAA compliance
Daily, weekly and monthly reports
Swift turnaround time
24/7 customer support
Choose a Professional Medical Billing Company
There are several companies offering medical billing and coding services in Oklahoma. To get the best deal in the outsourcing of medical billing work, healthcare professionals should consider their requirements and compare the services offered. Expertise in handling medical billing tasks and certification are important factors in choosing the right service provider.
Website: http://www.outsourcestrategies.com
About the Author: Outsource Strategies International (OSI) is a leading healthcare business process outsourcing company based in Tulsa, Oklahoma, focused on providing reliable medical billing and coding services.Website:
outsourcestrategies.com
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