More and more radiation oncology practices are opting for medical coding services. Outsourcing their coding is helping them deal with the ever-increasing complexities involved in reimbursement for this specialty. A professional medical coding company can help them resolve these issues and ensure proper reimbursement.
Benefits of Outsourcing Radiation Oncology Medical Billing and Coding
Professional radiation oncology medical coding services are available for hospital / in-patient coding, coding audits, DRG/ICD-9-CM coding validations and CPT coding, and more.
A professional medical billing and coding company would have all the resources necessary to help radiation oncology practice meet their many challenges. The right company would ensure the following services:
- Services of a team of experienced AAPC-certified coders who are up-to-date on correct coding initiatives, bundling and unbundling procedure changes, payer specific requirements and any state or federal government compliance issues.
- Proper scrutiny and analysis of claims
- Careful assigning of codes to prevent denials and enhance reimbursement
- Quality services with client-specific turnaround time
- Accurate and timely billing practices by a team of qualified medical billing specialists
- Follow-up on old or rejected claims
With their expert knowledge about the intricacies of current coding practices for radiation oncology, an expert service provider can help physicians minimize claim rejections and maximize reimbursement.
Current Issues Facing Radiation Oncology Practices and Facilities
Radiation treatments are becoming more complex with the arrival and implementation new technology. With this, medical coding practices for oncology and compliance rules are also changing. These practices must upgrade from ICD-9 to the more complex ICD-10 by October 1, 2014. ICD-10 can accommodate new technologies and procedures. Upgrading to the new system is necessary to avoid disruption of healthcare payments. Moreover, upgrading to ICD-10 would involve expenses for software updates, reprinting superbills, and training of staff. They would also have to face issues such as loss of time and productivity as staff is being trained on the new codes. All these issues can be resolved to a great extent by outsourcing these tasks to a reliable outsourcing partner.
Choose the Right Medical Coding Company
If you are looking for medical coding services for radiation oncology, look for the following features:
- Stringent quality checks to ensure accuracy in coding and billing procedures
- HIPAA compliance to ensure confidentiality of patient information
- Access to coding software at all times
- Regular updates and customized monthly reports
- A dedicated team on your project
- Affordable pricing that can save at least 30-40 percent on your costs compared to in-house coding
Outsource Strategies International (OSI) is a reliable medical billing outsourcing company,will give you the time to focus on core tasks.It provides professional medical billing services to meet the specific requirements of your Radiation Oncology.
