Medical Billing Audit / Consultation
It is difficult to alter an existing process of medical billing in an in-house billing department. One of the reasons may be to weigh the different aspects in the process while conducting an audit. Therefore, it is necessary to have audits & come up with practical solutions to the issues a practice faces or recover more revenue from the insurance companies & patients. 24/7 Medical Billing Services offers auditing & consultation services to individual practitioners, medical practices like hospitals, ambulatory surgical centers (ASC), laboratories, etc. regarding their medical billing to detect bottlenecks, streamline the process & to fill the gaps.
Every insurance company – government, public or private follow their set of rules and pattern for reimbursing, adhering to the basic guidelines provided by the Centers for Medicare and Medicaid Services (CMS). The expertise of medical billing and coding companies lies in knowing their individual requirement and the gray areas of billing (which comes with the virtue of years of experience) and to get paid without delay. We help you nail the billing process, because filing medical billing and coding online claims correctly in the first go are the most likely to get your revenue flowing in.
Regular audits can make a lot of difference to revenue generation (RCM) & tracking the progress of an organization on a monthly or quarterly basis. It is a crucial task if you want to make sure you are getting paid for every rendered service. Our auditing services include:
- Reviewing Coding documentation
- Reviewing Fee schedule
- Analyzing reimbursement by Payers
- Identifying trends & root causes of problems
- Training the In-house billing staff
- 24/7 Support for billing Specialists in the practice