Outsourcing your medical billing and coding to an experienced professional organization has a variety of benefits.
“Patient privacy” is a big buzzword in the medical field these days, with a number of countries including the United States putting medical professionals under strict legislation to guarantee patient privacy protection. With compliance more crucial than ever, medical facilities now have the added work and responsibility of ensuring their organizations comply with the stringent regulations.
This adds up to a large number of additional considerations medical professionals are now required to stay on top of on a daily basis. Is everyone in your organization up to speed on all of these privacy considerations? This is one of the primary reasons to outsource your medical billing, coding and documentation to an experienced professional organization who can make sure you’re always fully compliant with patient privacy considerations and regulations.
Industry Experience and Adaptation
The best medical billing and coding services are firmly rooted in and informed by the medical field. They are in tune with what medical professionals and organizations need and provide it in an efficient, intuitive and thorough manner. Experience counts, but so does the ongoing flexibility to stay in touch with the latest industry trends and technologies so that services can always be provided in the easiest, best and most economical ways possible.
Professional medical billing and coding company helps to simplify potentially overwhelming tasks for medical organizations, staff and patients. Cutting-edge technologies and processes assist medical organizations and facilities in taking care of medical billing and coding while also staying in compliance with relevant privacy regulations. Staff can then manage larger document loads, and patients appreciate the easy and rapid accessibility to their records. Coding audits and pre-RAC auditing services help to ensure your ongoing patient privacy compliance. Other benefits of outsourcing your medical billing and coding to an experienced professional include:
Practice Management (PM) and EHR Adoption
Your outsourced medical billing and coding team will be prepared to work with your EHR and PM right away. They do not take time to learn new system because of their experience but in case of in-house employees it takes painfully long to train and sometime they become indispensable for this very same reason.
ICD-10-Ready
ICD-10 refers to the 10th modification of the International Classification of Diseases. Physicians, medical providers, clinics and private practices must change the code they currently use to record and document symptoms, diagnoses and procedures to comply with the new system by 2015. A medical billing and coding expert will be up to speed on these changes, allowing you to keep this consideration off your list of things to do.
Faster Payments
The accurate, compliant, and timely return of your organization’s documentation will conveniently expedite and in some cases increase your revenue because of efficient coding denials will be minimal, claims will be cleaner.
Attentive Customer Support
Instead of having to go it alone and navigate your way through billing, coding and documentation snafus, you’ll have access to 24/7 customer support to take care of it for you. That way, you can spend more time seeing patients instead of buried in documentation.
Streamline Your and Operations and Workflow
Documents handled include patient documents, medical publications and other multimedia resources. Optimized search and retrieval tools can be seamlessly integrated into your existing office system. Existing documents (including EOBs, and other billing related paperwork) can be scanned and organized into a secure system and even be accessed from mobile devices from anywhere in your facility. With admin outsourced, staff members can focus more on providing outstanding patient care.
Paperless Option
A paperless digital option can help to streamline your process even further. Organization, patient privacy, and ensuring client satisfaction are all facilitated with outsourced medical billing and coding services. Digital documentation means less of your own storage space is needed and you’ll be able to reduce costs spent on office supplies such as toner and paper.
Accuracy and efficiency are crucial in the medical field. With a well-established core team of over 500 healthcare professionals assisting over 160+ clinics, medical practices, M-Scribe is ready to bring all of the benefits of outsourced medical billing and coding to your medical practice. To know more about how we can help you collect more and improve profitability of your medical practice call us 770-666-0470 or email me at h.gibson@m-scribe.com.