Medical coding outsourcing is the easiest way to submit claims quickly and accurately, while enhancing your reimbursements and maximizing your revenue.
It is mandatory for hospitals, clinics and healthcare organizations to submit claims quickly and accurately. The two main factors that go into approving or denying a claim are speed and efficiency. For medical coding to be done right, high accuracy combined with lightening speed in the insurance claims filing process is required.
What is medical coding?
Medical coding refers to the process of documenting the healthcare services provided to a patient by a healthcare service provider like a physician, hospital or nursing home. A medical coder would abstract the details listed in the documentation, assign the relevant codes and create a claim for payment, which would be paid by the patient, insurance agency or CMS.
Medical coding for specialities
Apart from availing regular coding services, your hospital or clinic can also get access to medical coding services for a range of specialities like Radiology, Cardiology, Paediatrics, Physical therapy, Endocrinology, Pathology, Oncology and Gastroenterology to name a few.
Why invest in outsourcing?
Since medical coding is tedious and time consuming, it is best outsourced to professionals. A medical coding service provider in India can not only provide you with quality services, but can also help you to save on precious time, cost and effort which can be invested into your core business functions.
Through outsourcing, your hospital or clinic can get access to the services of certified medical coding specialists who can provide your hospital with a host of services (CPT, ICD and HCPCS (Level I and II medical coding) that will significantly enhance your reimbursements and impact your revenue. With a team of experts coding your claims across varied specialities, you will not have to worry about errors that result in denials, rework or lower reimbursements.
Top 5 benefits of outsourcing medical coding
- Avail HIPAA compliant medical coding services
- Reduce your current operating cost by a whopping 60%
- Stay assured of 99.9% accuracy in your medical coding
- Leverage the skills of trained, qualified and experienced medical coding specialists
- Get access to the latest medical coding software and best practices
