Careers In Medical Coding And Billing
Medical coding and billing is the process by which doctors and medical entities receive payment from insurance companies for their services. People who perform these tasks have usually had some formal training in the field. Though it is not required by law, the chances of getting a job without it are small.
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Categories: Medical Billing Tags: Billing, Careers, Coding, Medical
How CPT Code 99355 Can Help You Capture Extra Time Spent With Patients
CPT 99355 can be used when you are spending more than the standard amount of time you would normally spend with a patient. For each additional 30 minutes of face-to-face time spent with a patient, you can bill code CPT 99355. You will, however, need to list this code separately in addition to the code used for the prolonged physician service.
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A Medical Billing and Coding Salary Comparison
Many people just starting to consider an administrative career in the healthcare industry are attracted by the fact that medical billing and coding is one of the fastest growing sectors over the past ten years. But once their research gets under way, it soon becomes obvious that aiming to earn a medical billing and coding salary isn’t as straightforward as it seems. Salary levels aren’t interchangeable between the two disciplines and you would be wise to make a comparison between them before deciding which might offer you the better career choice.
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Categories: Medical Billing Tags: Billing, Coding, Comparison, Medical, Salary
Medical Billing Services Introduction and Overview
It’s no secret that the healthcare is inundated with paperwork. Many medical professionals claim they spend more time filling out forms than actually treating patients. A large portion of the endless pile of paperwork is related to coding, submitting and processing medical claims related to physician or medical billing.
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Categories: Medical Billing Tags: Billing, Introduction, Medical, Overview, Services
Outsourced Medical Billing: The Benefits of Outsourcing
According to numerous surveys, doctors and hospital executives claim that payment collection for services rendered is quickly becoming one of the most important issues they face today. An overly complex system of rules, regulations and participants has forced many medical practitioners to invest considerable time and resources to payment collection. Managing the vast amount of paperwork related to billing, contacting patients regarding payment, and following up on unpaid claims from insurance companies has become one of the most distressing and time-consuming aspects of a physician’s daily routine.
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Categories: Medical Billing Tags: Benefits, Billing, Medical, Outsourced, Outsourcing
Medicare Fraud: Abuse of the System and Means of Struggle
There are many different kinds of Medicare fraud yet the goal is always the same – to rook money from the Medicare program. Generally Medicare fraud is challenging to track as not all fraud is detected and not all suspicious claims prove to be fraudulent. That is when Medicare abuse is in place. It occurs when physicians or suppliers fail to follow best medical practices, resulting in unnecessary costs to Medicare such as improper payments, or medically irrelevant services. In fact, Medicare fraud – estimated now to total about $60 billion a year – has become one of, if not the most profitable, crimes in America.
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Steps in the Medical Billing Process
Medical billing is a process that starts from the patient at the contact point. The first step to take when it comes to the medical billing process is preregistration. This is the right time to put together the insurance and demographic information of a patient.
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Categories: Medical Billing Tags: Billing, Medical, Process, Steps
Guidelines For Medical Billing
When coding and billing Medicare or a certain commercial carrier for the services that you have rendered to a patient, you must follow certain important billing guidelines. If a provider does not follow the guidelines, one will suffer consequences. The main insurance company that most medical billers will have to deal with is Medicare.
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Categories: Medical Billing Tags: Billing, guidelines, Medical
CPT 96372: Getting Additional Reimbursement for Intramuscular Injections With Code
Many providers miss out on this source of income because they are not familiar with how to properly code for these services. For example, if you give your patient an injection of antibiotics, you may simply have the nurse administer the injection. If, however, you are on hand during the injection process you can generate as much as $20.30 for each patient who receives this injection in your office.
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Categories: Medical Billing Tags: 96372, Additional, Code, Getting, Injections, Intramuscular, Reimbursement
Using CPT Code 99354 in Your Medical Practice
Using the proper CPT codes for patient billing is crucial if you want to avoid delays in receiving payment from your patients’ insurance providers. However, there are some medical professionals who do not bill for time that they could actually be compensated for. This is largely due to a lack of understanding of Code 99354.
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