Your medical practice has provided top-quality care to patients in an underserved community for many months, and with the influx of patients, you have inadvertently lost focus on one of the most important aspects of managing your practice: the revenue cycle. Claim denials and rejects are becoming the norm at an alarming rate, causing disruptions to your processes. How can you overcome these issues without sacrificing the quality of care you have been providing?
ICD, CPT, and HCPCS: Decrypting and Deciphering Coding Errors
It will come as no surprise that the majority of claim denials and rejections stem from using the wrong coding bundle when submitting claims to payers. The other culprit of errors is patient information and history, that is, ensuring accurate information is collected during intake that includes COB or coordination of benefits. Creating a strategy to tackle these errors will help reduce and eliminate denials to optimize your practice’s revenue cycle for continuity and sustainability. Hiring administrative support is essential to help you get back to focusing on your patients.
What’s Best for Your Practice
You might be in the process of searching for qualified candidates to create an in-house task force to tackle the entire claims submission process but realize that it will take a significant amount of time and effort to find experienced talent. You should consider outsourcing services to gain access to specialized expertise to help not only save time and effort but to lower costs.
Complete Solutions for Growing Practices
Perhaps you have decided that outsourcing will be the best strategy for your practice and are now wondering who to turn to for complete solutions. Contact the revenue cycle management professionals at GeBBS Healthcare Solutions. They offer complete, custom-tailored solutions and are committed to client satisfaction. They are a highly rated and trusted company that has served many clients, understanding the nuances and challenges faced by growing practices through decades of combined expertise and capabilities. Visit GeBBS Healthcare Solutions at gebbs.com to get started right away.
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