Expert Medical Billing Services to Maximize Revenue and Minimize Errors
Navigating the complexities of medical coding and billing can be particularly challenging for specialized fields like thoracic surgery. With a vast array of procedures and a multitude of coding requirements, ensuring accurate and timely submission of claims is essential to maintaining a healthy revenue cycle.
As operational costs continue to rise, it’s crucial to keep your revenue cycle running smoothly. Delays caused by claim denials or slow submission can significantly impact your practice’s income, making it harder to cover expenses and maintain day-to-day operations.
In thoracic surgery, where procedures range from minimally invasive operations to heart transplants, the complexity of coding leaves much room for human error. Unlike general practice, where codes are more frequently used and familiar, thoracic surgery billing involves intricate, less common codes and modifiers that must be applied correctly.
In cases where treatment is ongoing or consists of multiple stages, an initial coding error can lead to significant issues as the treatment progresses. This can result in claim denials or rejections, forcing your staff to revisit multiple records to identify and correct the errors.
Beyond procedural codes, accurate billing for thoracic surgery also requires proper coding for monitoring systems, medications, and supplies, often transcribed from physician notes. This additional layer of complexity increases the potential for mistakes.
Undercoding can lead to financial losses, while overcoding not only delays payments but can also violate legal standards, potentially triggering an investigation by the Office of Inspector General (OIG) for fraud, waste, and abuse.
HBH Solutions has a proven record of helping practices like yours grow, with outstanding results:
Contact us today to learn how we can streamline your billing process and increase your practice’s efficiency by up to 20-30%!
