MBC: Leading Oncology Medical Billing Company

1
(No Transcript)
2
MBC Leading Oncology Medical Billing Company
Medical Billers and Coders (MBC) is a leading
medical billing company providing complete
medical billing and coding services for various
billing specialties, including oncology. As a
leading oncology medical billing company, we
provide comprehensive revenue cycle management
services, including charge entry, benefits
verification, claim submission, payment posting,
denial management, accounts receivable, and
provider credentialing. Our billing specialists
stay up-to-date with the latest coding changes
and reimbursement policies to ensure that
oncology practices receive timely and accurate
reimbursements for their services. MBCs
Oncology Billing Services Image Source
3
MBC Leading Oncology Medical Billing Company

• Our oncology billing services includes all
  activities ensuring that accurate and timely
  claims are submitted to insurance companies, and
  that payments are received in a timely manner.
  Following are some of the key services that a
  medical billing company can provide in the
  context of oncology billing and coding
• Charge capture This involves accurately
  recording the services provided to a patient,
  along with the corresponding charges, in order to
  ensure that all billable services are captured.
• Oncology coding We have experienced oncology
  coders who can accurately assign the correct
  medical codes to each service provided, in
  accordance with the current coding guidelines and
  regulations.
• Claim submission Once the charges have been
  captured and coded, we submit the claims to all
  insurance companies including Medicare, Medicaid,
  and all other commercial insurance companies.
• Payment posting Once payments are received, we
  post them to the appropriate accounts in a timely
  and accurate manner.
• Denial management In the event that a claim is
  denied, we investigate the reason for the denial
  and take appropriate action to resubmit the claim
  or appeal the decision.
• Follow-up on outstanding claims Accounts
  receivable management services can help ensure
  that the practice follows up on outstanding
  claims in a timely manner. This can help speed up
  the payment process and reduce the amount of time
  it takes for the practice to receive payments.

4
MBC Leading Oncology Medical Billing Company

• Reporting We share detailed reports to
  oncologists, showing the status of each claim and
  providing valuable insights into the financial
  health of the practice.
• Provider credentialing These services can help
  ensure that your oncology practice is in
  compliance with all relevant regulations and that
  your providers are properly qualified to provide
  care to patients.
• In addition to these services, we also provide
  valuable guidance and support to oncologists in
  the area of compliance, helping to ensure that
  all billing and coding practices are in
  compliance with applicable laws and regulations.
• Oncology Billing Best Practices by MBC
• With our best practices, you can ensure accurate
  and timely payment for your oncology services,
  while improving patient satisfaction and reducing
  billing errors.
• Here are MBCs best practices for oncology
  billing
• Staying up-to-date with coding guidelines Oncolog
  y billing codes are constantly changing, so we
  constantly stay up-to-date with the latest coding
  guidelines to ensure accurate billing.

5
MBC Leading Oncology Medical Billing Company

• Using the correct modifiers Modifiers are used
  to indicate additional information about a
  service provided. It is important to use the
  correct modifiers when billing for oncology
  services to avoid denials and delays in payment.
• Verifying insurance coverage Before providing
  any oncology services, we verify the patients
  insurance coverage to ensure that the planned
  services will be covered. This can help avoid
  issues with denied claims and ensure that the
  patient is not left with a large bill.
• Submitting claims in a timely manner Oncology
  billing requires timely submission of claims to
  avoid payment delays and potential denials. We
  submit your claims as soon as possible to ensure
  timely payment.
• Monitoring payment trends We keep track of
  payment trends and identify any potential issues
  early on. This can help to identify and address
  any billing or coding issues before they become
  major problems.
• Why Choose Us?

6
MBC Leading Oncology Medical Billing Company

• Image Source
• There are several reasons why we are a leading
  oncology medical billing company, some of them
  are listed below
• Increased revenue MBC helps oncologists maximize
  their revenue by identifying and addressing areas
  of missed or under-coded charges. This can help
  providers avoid revenue losses and improve
  overall financial performance.

7
MBC Leading Oncology Medical Billing Company

• Cost savings Outsourcing oncology medical
  billing and coding to us can be more
  cost-effective for providers than maintaining an
  in-house billing and coding team. This is because
  the cost of hiring, training, and retaining
  skilled billers and coders can be high,
  especially for small and medium-sized practices.
• Reduced administrative burden Choosing us as a
  billing partner can free up administrative staff
  to focus on other areas of the practice, such as
  patient care and practice management. This can
  lead to greater efficiency and productivity
  overall.
• Expertise and experience Oncology medical
  billing and coding requires specialized knowledge
  and expertise that many healthcare providers may
  not have in-house. Outsourcing to MBC can ensure
  that the provider is receiving accurate, timely,
  and compliant billing and coding services.
• Compliance and regulatory requirements Oncology
  billing and coding are subject to complex and
  ever-changing regulations and compliance
  requirements. An experienced billing and coding
  company like us, can help providers stay
  up-to-date with these requirements and avoid
  costly compliance errors.
• To know more about how we can help your practice
  to grow business while staying compliant, email
  us at info_at_medicalbillersandcoders.com or call
  us at 888-357-3226.
•