Expertise in Urology Revenue Cycle Management Can Make All the Difference for Your Practice

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Expertise in Urology Revenue Cycle Management
Can Make All the Difference for Your Practice
As a Urologist, you are an expert in the field
you work, the same way your facilities accounting
department, from where the revenue generation is
being handled, also requires a group of experts.
Expertise in Urology medical billing and coding
and revenue cycle management can make all the
difference for your facilities bottom line. Do
urologists and nephrologists actually catch a few
brakes with the ICD-10 change? This move may very
well streamline your work in a few regards, as
ICD-10 codes are clearer in the Urology
specializations. You will see some new mix of
combination codes for patients with
co-morbidities like diabetes to which you and
your billing department should get acclimated
too. Whats more, where ICD-9 had a few codes for
a patient with diabetes and renal failure, there
will be just a single in ICD-10. The information
available out there that can help streamline your
training operations. However, it takes
exceptional mastery in Urology revenue cycle
management to not just expect and plan for every
all the changes in ICD-10s implementation,
additionally also uncover chances to develop your
Urology practice.
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Expertise in Urology Revenue Cycle Management
Can Make All the Difference for Your Practice

• Since the extent of the ICD-10 conversions can be
  contrasted with the Y2K date correction change,
  you can anticipate that critical changes to your
  facilities office procedures, which are
  anticipated to influence each part of business
  operations including your Urology medical
  billing and coding. ICD-10 likewise obliges you
  to expand your level of medicinal record
  documentation over all areas of administration.
  Both you and the coders will collect and document
  more information on patients to legitimize codes
  submitted for claims.
•  
• During the transition, said to be the most
  noteworthy overhaul of the medical billing and
  coding framework since the time when computers
  were first introduced, your practice requires a
  physician revenue cycle management team with a
  full cadre of support and resources especially
  designed to prepare your team to
• Arrange the overall efforts
• Investigate the impact
• Contact the merchants/vendors
• Financial plan for costs
• Execute software and system upgrades
• Conducting internal coding audits

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Expertise in Urology Revenue Cycle Management
Can Make All the Difference for Your Practice

• Train staff for upcoming healthcare transitions
• Conduct external testing for transactions
• Keep the revenue management in a productive flow
• Augmenting the income stream
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• It takes the in-depth skill of an industry
  insider in Urology revenue cycle management to
  see how to understand how to most viably transit
  into ICD-10. Expert medical billers and coders in
  Urology are equipped with the critical resources,
  knowledge, and know-how in dealing with a claim
  denial, latest CPT, and ICD-10 codes, including
  the healthcare payer norms. They invest
  significant time to stay abreast of all the
  rules, edits, surgical coding regulations, and
  documentation requirements unique to Urology
  revenue cycle management. That investment
  translates to increased revenue for your
  practice.
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• Working with specialist coders results in a
  higher satisfaction ratio for the physicians, as
  they know that, they can now fully concentrate on
  their core work area, which is treating patients,
  while the experts in the billing field will look
  to augment their income cycle.

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Expertise in Urology Revenue Cycle Management
Can Make All the Difference for Your Practice
Without the perfect medical coding, billing,
and collections team in place, theres very
little chance for declining revenues or a
possibility your healthcare revenue cycle
management will take a hit. Denial rates
potentially could increase between 100 and 150
percent, AR days could increase by 20 to 40
percent, prolonged declining payments, and a near
doubling of claim error rates.   Medical Billers
and Coders (MBC) is a leading medical billing
company providing complete revenue cycle
solutions. To know more about our urology medical
billing and coding services, contact us
at info_at_medicalbillersandcoders.com/888-357-3226.