HERE’s WHY OUTSOURCING UROLOGY MEDICAL BILLING CAN BE AN EASY OPTION?

HERE’S WHY OUTSOURCING UROLOGY

MEDICAL BILLING CAN BE AN EASY OPTION?

http://www.247medicalbillingservices.com; Tel: + 1 -888-502-0537

HERE’S WHY OUTSOURCING UROLOGY MEDICAL BILLING

CAN BE AN EASY OPTION?





Two factors decide the success and stability of any Urology practice; one is timely

billing and the other one is quickly getting reimbursements. Urology medical billing is

well-known for its own complications with modifiers and other intricacies hugely

involved.

Many urology practices realize the need for a professional medical billing service

that can handle all their billing chaos in different aspects and help in improving the

revenue of their practice. This is why they find outsourcing is the best option for

effortlessly dealing with their urology medical billing.

If you look at the statistics of reimbursement collections of urology practices, they

leave almost 10%–20% of their reimbursements uncollected because of procedural

lapses and lack of technical knowledge and relevant software. Moreover, according

to the American Accreditation of Ambulatory Surgery Facilities’ guide, urology

specialty itself remains to be the least appealing of practices from the aspect of

reimbursement.

https://en.wikipedia.org/wiki/Urology



3 top reasons to outsource your urology medical billing

Better revenues through improved collections

If you outsource your urology medical billing, the focus of your professional service

provider will be first on improving your revenue through continuous collections. You will

also see your payments speeding up and reducing your unnecessary stress. An

experienced medical billing company gives you the benefit of well-trained and highly-

skilled coding and billing staff who keep changes in urology coding and other

requirements of payers on their fingertips at frequent intervals of updates released

whenever.

This makes sure that your claims are submitted error-free and accurate, which ensures

there is no delay in payments. Another crucial factor that urology practices may struggle

would be how and why of claim denials and which methods to adopt to avoid denials,

by appealing them efficiently to insurer, for a speedy payment. Your billing partner’s

coders and billers will be highly capable of managing denials and have a great

expertise and experience in the same.




Avoiding denials through improved quality checks

Trained professionals will always have a third-eye on the exact procedure that has been

performed, in order to avoid claims from bogging down with unnecessary denials. For an

example, catheterization codes could be often confusing since most of the times it

depends on clinical scenario for certain cases.

In the same manner, if it is a case of urethral dilation, it has to be assigned with CPT

codes for the first and subsequent dilations properly, otherwise the reimbursement gets

denied.

Reduced operational expenses through a customized billing software

Leaving your urology medical billing to a professional and well-managed medical billing

and coding company supports you keep your practice expenses under control, with

their efficient services and highly-customizable billing software. This will enhance your

operations and level up your reimbursements consistently, turning your focus completely

on your practice and rendering better care to patients.




Conclusion

Outsourcing your urology medical billing with highly efficient and experienced company

such as 24/7 Medical Billing Services can bring you huge benefits and make your RCM

steady with an easy and committed workflow.

We help you enhance your claims adjustment rate between 12% and 15% and even

more, considering your present performance, but will be much better than your previous

average rate. We also help you keep your ARs under control with continuous and

effective follow-ups with insurer, ensuring consistent revenue flow.


About 24/7 Medical Billing Services:

24/7 Medical Billing Services is the nation’s leading medical billing service provider catering 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%. Call us today at 888-502-

0537 to know more on how we can help boost profitability for your practice.

Contact us -

24/7 Medical Billing Services,

16192 Coastal Hwy,

Lewes, DE – 19958

Tel: + 1 -888-502-0537

Email - [email protected]


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HERE’s WHY OUTSOURCING UROLOGY MEDICAL BILLING CAN BE AN EASY OPTION?

Healthcare

Transcript of HERE’s WHY OUTSOURCING UROLOGY MEDICAL BILLING CAN BE AN EASY OPTION?