The complexity of cardiology billing and coding often leads to challenges for a practice. Human errors are common and sometimes organizations do not have adequate knowledge of the ever-changing coding and billing rules. Also, errors are happening when additional services are now being provided to patients, such as radiology tests. To get the most out of your cardiology billing and coding, you have to have a clear understanding of what is required in order to succeed financially. Keep reading and discover how your cardiology practice can grasp a better hold on its coding and billing procedures.
Electronic Health Records
The days keeping all health records on paper are gone. Electronic health records (EHR) are used to collect patient health information in a digital setting. These records help ensure the accuracy of documentation and track your patient’s data. Also, it is always better to document a patient’s entire diagnosis than just their symptom. By doing so, makes coding a quicker and easier process.
Post-Operative Billing Opportunities
Many practices are missing out on revenue opportunities after procedures have been completed. There are a variety of tests such as pacemaker and defibrillator checks that can be conducted after a patient’s operation. Many of these tests are recommended and should be viewed as another potential source of revenue for a practice.
Conduct Regular Trainings
Regular training is essential for all billing and coding teams. As there continues to be changes in coding and billing regulations, a team needs to be constantly brought up to speed on the current coding requirements.
Limit the Chances for Human Error
Regardless of whether the billing or coding is completed in-house or outsourced, the documentation needs to be double checked for accuracy. If your documentation is inaccurate, it will cause claims to be denied, which will ultimately hurt revenues. Accurate documentation is always going to be needed for all phases of the billing process. Another way to catch coding mistakes before they happen is to conduct regular audits. They should be done both internally and externally before any claims are submitted. This will allow mistakes to be remedied before it is too late in the revenue cycle process.
Contact MedHelp, Inc. Today and Let Us Give Your Organization the Revenue Cycle Solutions It Needs!
MedHelp, Inc. can help providers navigate the uncertain waters of the value-based climate and ensure revenue is optimized.
Call MedHelp, Inc. today at 443 524-4455 or toll-free at 1-800-275-6011 and let our team assist you in choosing the right solution.