Critical Coding Blunders Medical Practices Need To Evade!

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                 Critical Coding Blunders Medical Practices Need To Evade!
         Accurate coding is vital for all medical practices as it is the main source of reimbursement. It not
         only reduces claim denials and increases revenue; but also plays a significant role in insurance
         assessments. Coding is an irreversible process that decides whether or not your practice will get
         paid for the services offered.

         Error-free coding is not just fundamental to timely payments but also gives a database that can
         be used in contract negotiations and practice profiling. Since the federal government uses the
         codes submitted by you to search for health care fraud, accurate coding will protect your
         practice from any sort of abuse investigations. Hence beginning from helping in clinical research
         to meeting federal and state reporting requirements, coding is crucial for your practice more
         than you can imagine.

         Is your staff making these critical coding blunders?

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         Amidst the rising pressure from new reforms, physicians cannot afford to lose focus on coding
         basics. The following mistakes must be avoided if practices don’t want to affect their reputation
         and payments-

                 Unbundling codes
                 Submitting a claim without correcting any major or minor mistake in documents
                 Under-coding
                 Using modifiers in a random manner
                 Wrong procedure code selection
                 Being unable to link diagnosis codes
                 Not staying updated with coding changes
                 Mistakes in interpretation of operative reports
                 Failing to code the diagnosis code to highest level

         Ways to avoid coding mistakes-

         One of the best ways to avoid the coding errors mentioned above is to establish a good line of
         communication with your coders on a regular basis. Practices also need to invest time and
         money in training coders so that they remain updated with changes in healthcare reforms. It
         also helps to compare the codes of your practice to benchmark data for your speciality.

         Moreover physicians or coders should perform occasional audits of approximately 10-20 charts
         per provider. This will help them ensure if everyone’s coding is accurate and on track. Coding is

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End to End Medical Billing Solutions


         the most crucial part of your practice to procure payments, requiring monitoring at regular
         intervals. Since adherence to new healthcare reforms is leaving physicians with less time for
         patient care, outsourcing coding and billing tasks to a billing partner can bring an end to all their
         woes.

         Medicalbillersandcoders.com helps practices strengthen their revenue generation procedure
         through its outsourced coding and billing services. We have the largest team of expert billers
         and coders who use the latest technology and software to offer accurate coding services to
         physicians across 50 states in the US. MBC coders are constantly updated with changes in
         regulations like ICD-10 requirements to offer error-free coding. Our aim is to organize your
         coding requirements to helpd achieve lesser denials, reduce costs and speed up the billing
         process to help optimize your practice revenues. Hence in the current competitive healthcare
         environment while our experts handle the complexities of coding, billing and documentation,
         you can focus on quality patient care and increased patient satisfaction.




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                                       Copyright ©-2013 MBC. All Rights Reserved.
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DOCUMENT INFO
Description: Accurate coding is vital for all medical practices as it is the main source of reimbursement. It not only reduces claim denials and increases revenue; but also plays a significant role in insurance assessments. Coding is an irreversible process that decides whether or not your practice will get paid for the services offered.