Increase your
revenue with expert radiology billing services
Your radiology practice may seem to be prosperous and successful; however it is
important to prevent losses due to uncollected bills and reimbursements that never happen. Hence, for your radiology practice to be really successful and achieve all financial targets you need to put in place certain practices that will let you capture all charges by using the services of a professional radiology billing company that is adept at revenue cycle management. The company knows the importance of implementing automated reconciliation processes and devising comprehensive variance lists coupling the CDM coding of the practice and the physician’s documents.
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Unless you are well-prepared, the new codes may be problematic, and could affect the revenue collection management. All the more reason why you should team up with a professional radiology billing company that understands the new codes better, and has a dedicated team that has been updated about the changes. • It is only an experienced medical billing company that knows the importance of being accurate as well as prompt in submitting claims that can help achieve better revenues. • Only data that is error-free can be processed quickly leading to faster reimbursements. One way to ensure that the submitted claims are error-free is to audit at least 5% of the daily pulled data which needs to be subjected to front and back-end audits.
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It is also important to improve accounts receivable (AR) management. This is possible if the radiology billing company implements aggressive denial management measures along with efficient reimbursement tracking tools.
• It is best to leave it to a professional radiology medical billing company that has the expertise and wherewithal to handle various difficult scenarios.
www.medicalbillersandcoders.com info@medicalbillersandcoders.com