Tips To Increase Surgery Billing And Collections PPT

2. Tips To Increase Surgery Billing And Collections General surgeons demonstrate enormous expertise by performing procedures ranging from hernia repair to bariatric surgery. They also perform open surgeries and robot-assisted minimally invasive surgeries. However, the advancement of cutting-edge technology that allows general surgeons to perform advanced surgeries necessitates that they constantly learn and upgrade in order to stay on track. All this leads to the availability of a negligible amount of time for general surgeons to focus on medical bills and reimbursements. So, what is the key to ensuring the accuracy of surgery billing and collections to enjoy the benefits of 100% reimbursements? https://www.247medicalbillingservices.com https://www.247medicalbillingservices.com info@247medicalbillingservices.com info@247medicalbillingservices.com

3. tips to increase your practice’s collections Tip #1: Manage your Claims Properly Did you know that nearly 80% of medical bills (including surgery) contain mistakes? Insurers easily deny many such erroneous claims due to the strict policy rules. If your system fails to receive and process these denials quickly, the insurer will not pay you. As a result, make sure you have a specific denial management service process in place to deal with reprocessing claims on a proactive basis. Your top priority should be to reduce the number of denied claims. If you still face the issue of denials, make sure to reprocess them within a week. https://www.247medicalbillingservices.com info@247medicalbillingservices.com

4. Tip #2: Establish a Transparent Collection Process Surgeons typically have a lot on their plates. But don’t worry, as you can deal with repetitive payment processes by creating a rulebook that all your staff can follow. Also, compile all the information into a comprehensive document that will serve as a standard rulebook for all your patients. Ensure that your team understands each step of the surgery billing process and its responsibilities. Make your new hires attend a training seminar to become thoroughly acquainted with the collection process. Additional Tip #3: • Outsourcing Surgery Billing & Coding Outsourcing general surgery billing and coding gives you unprecedented control over revenue flow and patient experience. Though general surgeons, surgical clinics, or hospitals choosing to partner with RCM companies experience some revenue increases, they still need help with issues such as lack of follow-up or improper coding. https://www.247medicalbillingservices.com https://www.247medicalbillingservices.com info@247medicalbillingservices.com info@247medicalbillingservices.com

5. Points to Remember: Investing in experienced surgery billing and coding processes allows you to focus on your job as a surgeon with confidence. You might think you have everything you need to maximize your surgery billing and collections. However, you need to be more proactive in the collection process in order to be prepared for any eventuality. Here are the few points you must follow: • Educate yourself on changing surgery medical billing rules and coding protocols. • Identify any problematic accounts. • Track down any outstanding payments. • Monitor the revenue cycle of your practice. https://www.247medicalbillingservices.com https://www.247medicalbillingservices.com info@247medicalbillingservices.com info@247medicalbillingservices.com

6. About 24/7 Medical Billing Services 24/7 Medical Billing Services is the nation’s leading 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 the revenue with cost reduction of your practice for up to 50%. https://www.247medicalbillingservices.com info@247medicalbillingservices.com

7. Call us Today : Media Contact – 24/7 Medical Billing Services, 28405 Osborn Road, Cleveland, OH, 44140 Tel: + 1 -888-502-0537 Email: info@247medicalbillingservices.com Website:https://www.247medicalbillingservices.com/ https://www.247medicalbillingservices.com info@247medicalbillingservices.com