Podiatry or podiatric medicine is a branch of medicine devoted to the study of diagnosis, and surgical treatment of disorders of the foot, ankle, and lower extremity
There is a lot at stake to accomplish billing and coding obligations for podiatry practices and to obtain all-out compensation for services provided, it is imperative to comprehend the multifarious rules and guidelines that insurance companies use to ascertain podiatry claims. Many billing services contest to have this industry know-how, but more often than never fall short. For example, medical billing companies not specializing in podiatry billing may not have the capability to suitably monitor and follow up on underpayments and this could eat up the billing margins for the podiatrist by approximately 15 percent of their income. Therefore to do away with the billing and coding accumulated drawbacks as per the example above, podiatrists feel the need to hire podiatry billing services having qualified & certified billers.
Podiatry Medical Billing Services – Salient Features
- Hospital / in-patient coding
- Temporary podiatry coding to cover vacations, medical leaves and employee turnover
- Backlog podiatry medical coding resolution services
- OIG and RAC audit defense
- Medical coding audits
- DRG/ICD-9-CM coding validations
- CPT medical coding
- ICD-9 coding based on AMA and CMS guidelines
The accounting gains from your Podiatry practice is straight away associated to timely billing and receipt reconciliation. We allot ICD codes that support the therapeutic necessity of the procedure and allot exact codes for the level of service.
FindMedicalBillers.com has committed teams to manage every facet of your billing concerns. Our experts manage vital stages such as creation & scrubbing of claims, denial management, charge entry, and AR calling, Also accuracy of each claim is verified by our quality specialists. Moreover at FindMedicalBillers.com our revenue cycle management services ensure to increase your profitability.
Our advanced billing system produces your claims on a per day basis, which are correctly coded and automatically submitted by the system.
Podiatry specialty services @ FindMedicalBillers.com
- Improved collections and Income
- Accelerated payments and timely disbursements
- 24/7 accessibility to your patient data and financial information
- Know where your money is -Transparency throughout the revenue cycle
- Full financial and practice management reporting
- Aggressive collecting methods with insurance companies
- Excellent customer service for you and your patients
- Efficient exchange of information between you & FindMedicalBillers.com
- Certified Professional Codes on staff
- Remote Access to all your patients data
- View your patient balances and transaction history
- Detailed reports at the end of the month
- Patient Statement reports are generated once in a month or can be customized.
End note – Podiatry Medical billing services
Podiatry billing is just not about assigning the right codes and following up on claims. It takes a lot more effort to get that hassle-free disbursement into your account.
The podiatry-driven difficulties of medical billing includes patient billing too
A podiatrist’s patient balance procedure is more demanding because majority of the balances are pretty voluminous. Added to this is the challenge of clarifying to a patient about the complexities in disbursement of Benefits , Moreover the podiatric technical terms on their receipts & bills necessitates the involvement of experts to process patient collection formalities as part of podiatry billing. Therefore if patients are not supported by a simplified system then podiatrists will see their patient count decrease thereby increasing their patient issues which is not a good ratio.
So don’t forget, you really do get what you pay for!
Our fee is below the national average. Our goal is simply to provide the highest return on your claims, without sacrificing service or patient support, at a competitive price.
Call us today for a consultation to see how FindMedicalBillers.com is the perfect partner for your podiatry practice!