Medical Coding Service – When You Need to Boost Revenue
Medical Coding relies on having precise and thorough documentation in the medical record. This is where coding comes in, as it translates your intellectual services and labor into billable items for insurance purposes and documents the value of your service. Specifically, the certified medical coding service experts at ebix have a strong reputation for excellence in this area.
Perhaps most noteworthy are the ICD-10 codes. The ICD-10 codes are currently the cornerstone of classifying diseases, injuries, health encounters, and inpatient procedures in morbidity settings. Because of this, the ebix, Inc. team has honed medical coding skills and business processes to meet the needs of independent physicians.
Medical coding involves translating a healthcare provider’s description of a patient’s illness, injury, or treatment into universal medical code numbers. Therefore, the ultimate goal of medical coding is to create an insurance claim application that accurately reflects the services provided and the corresponding medical diagnosis. For instance, our team of expert-certified medical coders ensures that the services are properly aligned with the correct medical diagnosis code, which leads to higher reimbursement rates. Moreover, this ensures you get reimbursed correctly and reduces claim denials.
What we do:
- Significantly, we prevent Physicians from undervaluing their services.
- Capture all services performed.
- Follow up with payers to minimize denials and verify receipt of contracted reimbursement.
- Specifically, provide practice education to keep staff and physicians well-informed of all changes to their specialty.
Our Certified Medical Coding Service includes:
- HCPCS, CPT, and ICD-10 Coding for professional, global, and technical billing.
- Compliantly maximize coding.
- Team of dedicated coders; accessible for complex coding situations.
- Coders trained in dictation best practices.
- They have sophisticated coding audit capabilities to support coding decisions.
- Work closely with A/R managers on medical necessity challenges and payer coding requirements.
Billing Services for Your Practice
- Initial Credentialing is Free. Our expert staff reaches out to the carriers of your choice to obtain network status. Namely, accessible at a startup and a very reasonable fee per provider afterward.
- Fee Schedule Analysis. Since we enter the allowed amounts from the network contracts obtained to track and uncover any improper reimbursements. We will help research appropriate change levels.
- Workflow Consulting. Our management staff has over 100 years of combined experience. Therefore, we can advise you on the best practices to build a team and processes that ensure results.
- Carrier Contract Advice. Consequently, there are pitfalls to avoid in contracts and situations that may cause you to choose non-network status with challenging carriers. We have additional expert resources to bring help when necessary.
- Coding Expertise. Because the ebix team offers certified coding staff to “abstract” codes from provider documentation or review your code for accuracy and completeness. We offer Chart auditing services and provider/staff education. Our efforts result from additional revenue opportunities, compliance, and audit survival.
- Fees based on Results. We don’t get paid until we’ve obtained reimbursement for you.
- No Surprises. No additional charges for postage, claims, statements, or custom report/data analytics needs.
- Fast Claim Submission. Your billing will be submitted promptly after receipt. Don’t suffer from delays or write-offs from inappropriate submissions.
- Up to 10% Better Reimbursements.
Additional Reading:
Billing Services: The Truth About Why Doctors Outsource