Gastroenterology Billing: Best Practices To Maximize Revenue - PowerPoint PPT Presentation

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Gastroenterology Billing: Best Practices To Maximize Revenue

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24/7 Medical Billing Services, bring excellence, knowledge, and accuracy to billing and coding services while developing a revenue cycle without defects for your practice. With abilities across the revenue cycle chain- patient demographics entry, insurance verification, insurance authorizations, coding, billing, reconciling accounts, and denial management, we can add value to your organization through analytics-driven and result-oriented processing. – PowerPoint PPT presentation

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Title: Gastroenterology Billing: Best Practices To Maximize Revenue


1
Gastroenterology Billing Best Practices To
Maximize Revenue
https//www.247medicalbillingservices.com
1 888-502-0537
2
Gastroenterology Billing Best Practices To
Maximize Revenue
Gastroenterology is the division of medicine
regulating the digestive system and its
dysfunctions. This specialization focuses on
diseases affecting the gastrointestinal tract,
including the organs from mouth into anus, along
the alimentary canal. Billing and coding for
gastroenterology remain challenging and require
expert knowledge to ensure maximum
compensation. Additionally, gastroenterology
billing requires the ability to track
underpayments efficiently. This specification
often surpasses the competency of most billing
software and in-house billing staff. GI practices
not adequately targeting underpayments face
significant revenue issues.
https//www.247medicalbillingservices.com
1 888-502-0537
3
Gastroenterology Billing Best Practices To
Maximize Revenue
  • Moreover, with the subsequent payment cuts
    affecting gastroenterology practice revenue, more
    practices rely on gastroenterology medical
    billing and coding companies to maximize their
    reimbursement.
  • Medicare has cut compensation for colonoscopy up
    to 17 percent, which has affected access to care.
    Colonoscopy is a life-saving procedure that
    significantly benefits colon cancer inhibition.
  • Incomplete colonoscopies are compensated at
    one-half the cost of a finished procedure with
    the corresponding code.
  • Though made no modifications in the Physician
    Quality Reporting and Value-based Payment
    Modifiers, there will be improvements to pay for
    quality reporting and other factors under the
    Merit-Based Incentive Payment System and
    Alternative Payment Models, claimed by the
    Medicare Access and CHIP Reauthorization Act.

https//www.247medicalbillingservices.com
1 888-502-0537
4
Gastroenterology Billing Best Practices To
Maximize Revenue
  • Conclusion
  • Outsourcing medical billing refers to hiring an
    external agency by a healthcare provider who
    takes care of all the medical billing aspects. At
    24/7 Medical Billing Services, bring excellence,
    knowledge, and accuracy to billing and
    coding services while developing a revenue cycle
    without defects for your practice. With abilities
    across the revenue cycle chain- patient
    demographics entry, insurance verification,
    insurance authorizations, coding, billing,
    reconciling accounts, and denial management.
  • Our team strives to advance a smooth billing, codi
    ng, claim submission, and payment posting
    process. We guarantee consistent accounts
    receivable follow-up and prior authorization to
    avoid claim rejections

https//www.247medicalbillingservices.com
1 888-502-0537
5
Gastroenterology Billing Best Practices To
Maximize Revenue
About 24/7 Medical Billing Services 24/7
Medical Billing Services is the nations 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.  Media Contact Hari Sudan,  24/7 Medical
Billing Services, 16192 Coastal Hwy, Lewes, DE
19958 Tel 1 -888-502-0537 Email -
info_at_247medicalbillingservices.com
https//www.247medicalbillingservices.com
1 888-502-0537
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