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Medical Coding For Healthcare Professionals
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Whenever a patient receives healthcare services in a hospital, physician’s office or ambulatory surgical center (ASC), the healthcare provider must document the services provided. What a medical coder is supposed to do is to abstract the information from the documentation and assign the appropriate codes for medical diagnosis or symptoms, procedures, and drugs and create a claim, and later submit it to the insurance company for payment purposes. The process of assigning the right diagnostic and procedural codes is called medical coding.
Medical coding service has become an integral part of healthcare services and has proved to be immensely helpful to medical professionals. It is a process that should be done with great attention. A perfect, error-free coding solution is necessary to get reimbursement for your medical claims. Errors like under-coding and over-coding result in lost revenue and claim denials. Healthcare facilities and individual physicians are increasingly hiring professional medical coding companies to benefit from accurate medical coding services.
Medical coding services include medical coding ...
... audits, hospital/in-patient coding, emergency room e-code evaluation, DRG/ICD-9-CM coding validations and review, ASC’s – ambulatory surgical centers coding, and ICD-9 coding based on AMA and CMS guidelines.
Outsourcing your medical coding tasks to an established medical coding company allows the proper submission of medical bills on time and ensures maximum medical reimbursement for your healthcare practice. Let us look at the benefits a medical coding company offers healthcare professionals availing of its services.
• Ensures the automated generation and electronic submission of claims
• Helps healthcare professionals to send accurate information to insurance companies
• Accurate coding and therefore minimum claim denials
• Up-to-date coding solutions based on standard guidelines
• Regular QA checks and reports
• Provides timely feedback
• Gain complete control over the financial affairs of your medical practice
• Eliminates the need to maintain in-house coding staff and additional infrastructure, including hardware and software
• Save 40% to 50% on the cost of medical coding
• Maximizes office efficiency and economies of scale
• Provides maximum reimbursement
• Allows healthcare professionals to focus on providing better patient care
• Improves cash flow and collections
• Provides follow-up on all rejected and denied claims
• Frees up resources for other purposes
• Provides access to state-of-the-art coding technology
• Coding solutions in customized TAT
Hire a medical coding company to benefit from value-added medical coding services. Make sure that the medical coding service provider you approach is reliable and ensures timely services.
About Author
Outsource Strategies International (OSI) is committed to providing fast and efficient medical coding services, assuring accuracy and client satisfaction. Our medical coding company provides services to a range of healthcare clients including medical groups, clinics, and independent physicians in the US.
Outsource Strategies International (OSI) provides medical billing & coding, dental billing & coding, insurance & eligibility verifications to medical and dental practices.
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