Medcare MSO’s team of experienced billers provides cardiology medical billing services that streamline the claims process and increase your revenue. Our revenue cycle management (RCM) team takes on all aspects of that process from insurance verification to payment collection.
May 2019
Started On
88%
First Pass Clean Claims Rate
15-20%
Revenue Increase
30%
Reduction in A/R
The medical billing process starts in the scheduling phase when insurance coverage has to be confirmed. Even little details such as whether the appointment happens in an in-patient, out-patient, or emergency room/urgent care setting must be correctly coded or the claim will be denied. Medcare MSO’s coders and billers pay attention to those details.
Modifiers are an important part of cardiology billing and coding. These additional subcategories of numeric codes are required to give the necessary details to be reimbursed for all services delivered.
While inexperienced billers and coders can look up the general code for a procedure, they often do not know how many levels of modifiers they need to include or all the numerically coded information that needs to be added.
Payers are trending towards more bundled codes, which can simplify billing—but coders must recognize any variance from the standard bundled items and know how to itemize them to avoid over- and under-coding. Medcare MSO’s billing and coding team is trained to recognize these special cases and know how to handle them. Get in touch if you’d like to find out more about how we can simplify your medical billing
A family medicine practice may see hundreds of patients daily, resulting in a huge number of low-dollar claims being filed. But in cardiology, examinations and treatments are more in-depth and time-consuming, so far fewer patients are seen each day. If a cardiologist sees 10 or 15 people on a normal day, the loss of revenue for a single unpaid claim can result in the loss of up to 10% of the day’s income. Our cardiology billing services reduce denials and increase payments. We also track each claim, so none ever get lost or abandoned, which often happens with less experienced billers or in the absence of a proven system for claims management.
With cardiology billing getting more complicated all the time and payers forever looking to cut reimbursements, an effective billing and RCM system is becoming increasingly more necessary. Outsourcing to Medcare MSO allows medical professionals to focus on patients because experienced, certified specialists are handling their RCM from start to finish.
Medcare MSO’s cardiology billing services begin with scheduling and cover all aspects of billing, up through debt collection when necessary. Our certified coders are experienced in over 50+ specialties, including cardiology, thoracic surgery, radiology, internal medicine, pulmonology, pain management, and rehab.
Because we focus only on medical billing and RCM, we are able to stay up to date on codes and regulations. We can also monitor government offers and the latest billing guidelines, which can maximize revenue from government incentives. Our cardiology medical billing services include daily billing, responding to denials and rejections swiftly, and even managing.
A member of our team will get in touch with you in 12 hours.
800-640-6409
