Decoding Device Billing under OPPS for Hospitals

1. Decoding Device Billing under OPPS for Hospitals HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/

2. INTRODUCTION Medicare is one of the healthcare industry’s fastest-growing federal health-insurance programs. With so many patients dependent on Medicare for outpatient services, hospital expenditures are constantly increasing. To cover so many Medicare patients, this causes a financial imbalance in the hospital budget. Keeping this in mind, CMS developed the Outpatient Prospective Payment System (OPPS) billing services to monitor outpatient service expenses better. This keeps hospitals from running into financial difficulties while delivering outpatient services to thousands of Medicare beneficiaries. HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/

3. Reporting Device Codes on Claims: Claims Editing: If the provider reports one of the following modifiers with the procedure code, device modifications do not apply to the selected procedure code: 52: Reduced Services; 73: Discontinued outpatient procedure before anesthesia administration; and 74; Discontinued outpatient procedure after anesthesia administration. Device Billing Guidelines under OPPS HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/

4. These are some of the medical billing trends that we can expect to see in 2023 and beyond. If you’re looking for a reliable outsourcing Outpatient Prospective Payment System (OPPS) billing agency to help you stay ahead of the curve, look no further than 24/7 Medical Billing Services. Our team of experts has the knowledge and experience to help you optimize your billing processes and increase revenue while maintaining compliance with regulations. Although outsourcing medical billing is not a novel concept, healthcare facilities and providers need help deciding whether to outsource medical billing management processes. The primary source of concern is the risk of entrusting their billing process to the wrong hands, along with the daunting task of locating the best medical billing and coding partner. So, why worry when the expert team of 24/7 Medical Billing Services is in place for your assistance? Partnering with 24/7 Medical Billing Services HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/

5. CONCLUSION We at 24/7 Medical Billing Services, you choose a team that holds an experience of decade inmedical billing services& revenue cycle management (RCM) services. The process of medical billing is stated as the process of communication between the medical provider and the insurance company. We firmly believe in updating ourselves with the technology as well as the trends. We have a satisfied clientele who have been with us for long & have recommended us to their friends & colleagues. We have expertise forMedical Billing Outsourcing services. Choose us to handle your medical billing because of our knowledge, experience, Skills, and we always treat our patients with care. HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/

6. ABOUT US About 24/7 Medical Billing Services 24/7 Medical Billing Services is the nation’sleading medical billing service providercatering services to more than 43 specialties across the entire 50 states. You can rely on us for end-to-end revenue cycle management.We guarantee up to 10-20% increase in revenue with cost reduction of your practice for up to 50%. Media Contact: 24/7 Medical Billing Services, 28405 Osborn Road, Cleveland, OH, 44140 Tel: + 1 -888-502-0537 Email -info@247medicalbillingservices.com HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/

7. Thanks Do you have any questions? info@247medicalbillingservices.com + 1 -888-502-0537 247medicalbillingservices.com HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/