The importance of keeping abreast with the rapidly changing medical coding and billing practices cannot be emphasized enough, if you’ve been reading my blog you know that I have been talking about it a lot. When is comes to the rapidly growing Gastroenterology area of patient care, you need to keep in mind that every single day there are new and detailed surgical procedures and relevant codes added.
I guess what I am saying – like I usually do – it that is paramount to maximize your revenue by using different types of codes, whether ICD codes, CPT codes or coding compliance.
With that in mind I wanted to share some things that you need to know to make it sure that your Gastroenterology practice is following the correct billing and updated coding procedures.
Make sure that your practice is doing the following:
Follow proper coding practices – A highly stressed and sedentary lifestyle is leading to a rapid increase in number of patients as well as specialized care for gastric disorders. In order to be a successful Gastroenterology practice you need to emphasize the importance of correct coding to your staff – especially when it comes to specific procedures – because you want to make sure they are in accordance with the ever-changing coding and billing.
Set up Revenue Cycle Management – RCM basically means that your practice is keeping accountability for claims at all times. If the RCM procedure is adopted for coding, processing claims, payments then potential issues of denied claims and accurate payments can be avoided.
Duplicate coding – As your practice undergoes changes in coding that change will most likely lead to duplicate or similar codes in your reporting. For example: varied treatments like colonoscopies, esophageal dilations and ERCP etc. The checking and correcting of these coding errors can will help you keep your gastroenterology practice up to date.
Ensure proper authorization – Gastroenterology entails many new procedures that sometimes have post surgery authorization. In order to ensure that your claims are approved and that surgery paid you need to make sure that your practice obtains the proper authorization before each procedure.
Managing revenue and outstanding accounts – One of the most important elements of RCM is complete accountability of both the inflow and outflow of money from your medical practice. In order to help with this your practice needs to properly coded using ICD-10 and other relevant codes when completing billing. It sounds redundant, but the process should be ingrained in order to avoid complication. It is important that your medical staff is checking up on the collection of payments and that all claims addressed on time.
Working will Park Medical Billing will ensure that your Gastroenterology practice will benefit from keeping up with the changes in various coding and billing procedures. Our highly trained team of experts will ensure the adoption of the latest developments in gastroenterology for coding, procedures, and terminology for your medical practice.
If you are thinking of outsourcing your medical billing don’t be shy, give us a call today to set up a free demo or to speak to someone to have any of your questions answered. Or if you’re short on time right now just send us an email through our contact page and let us know the best time for us to call you.