Important Points to Evaluate
Healthcare practices can obtain maximum reimbursement benefits, only if insurance claims and medical bills submitted are accurate and free from coding errors. Due to critical coding errors and data inaccuracies, medical facilities most often have to experience claim denials or rejections, and scarcity of money.
When you outsource the medical coding tasks to professional medical coding companies, you benefit from error-free medical bills and claims at the correct time and benefit from increased revenue and profit for your medical facility. While looking for dependable medical coding outsourcing companies, it is necessary to consider factors such as:
Professional experience: A medical coding company that has sufficient industry experience can cater to your medical coding requirements quite efficiently. So, ensure that your selected company is an experienced one.
Technological aspects: Check whether your preferred firm has state-of-the-art technology, equipment and advanced medical coding software packages comprising Ingenix, Flash Code and AMA. Besides, confirm that they have AAPC certified coders, experienced billing experts and quality controllers. Professional firms that are backed by skilled experts and innovative technology can provide accurate solutions that exactly suit your requirements.
Quality of work: As medical coding services demand better accuracy and data consistency, make sure that you select a medical billing company that can deliver quality work with excellent accuracy at the right time. Along with that, check that the firm adopts strict quality assurance measures.
Services on offer: It is good to make an assessment of the major medical coding solutions that are offered by your selected firm. Leading outsourcing companies offer the following services:
- Emergency room e-code evaluation
- Backlog coding resolution services
- Hospital / in-patient coding
- CPT medical coding
- ICD-9 coding based on AMA and CMS guidelines
- Medical coding audits
- DRG/ICD-9-CM coding validations
- ASCs – Ambulatory Surgical Centers Coding
Customer support: Evaluate the quality of customer support services that are offered. Most reliable companies assure round-the-clock customer care and technical support services.
Pricing: Make an evaluation of the charges at which medical coding services are offered by the particular coding company. Established medical coding firms offer comprehensive services at affordable charges and ensure 30 to 40 percent cost savings as well.
Free trial facility: Check whether your preferred medical coding company offers a free trial of their services. This would help you partner with a reliable firm after an evaluation of their service quality.
Reputable Company for Organized Services
Well-organized services from responsible medical coding companies will significantly minimize your workload, save valuable time that is required to complete the administrative procedures and help to concentrate more on patient care. These services ensure many additional benefits including:
- Reduce staffing and infrastructure outlay
- Minimize claim denials and rejections
- Enhance practice efficiency, and more