The consultations focus on billing with ICD-10 for medical treatment, rehabilitation and hospitals. Here are five key thoughts for healthcare practices:
1. Physicians can save time and money with outsourcing because the larger companies have professionals who focus all their time on coding and billing.
2. Coders should have working knowledge of physiology and anatomy to work closely with doctors to make sure the codes are accurate.
3. Experienced coders can find mistakes in the bills and ensure they are correct the first time bills are sent to the insurance company.
4. Superbills aren’t effective for saving time because insurance companies want to know more details about the patient’s progress and precise information.
5. New codes require specific from physicians and submitting the paperwork improperly could mean even lower pay.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.