Navigation Links
MedicalBillersandCoders.com Registers a Surge in Outsourcing of Physicians' Billing Requirements
Date:10/10/2011

WILMINGTON, Delaware, October 10, 2011 /PRNewswire/ --

As the US healthcare industry is buffeted by rising healthcare costs, gigabytes of health and health-related technology information, and the latest reforms and regulations, it is inevitable that the providers are going to adopt new patterns to successfully manage their professional duties while keeping track of their reimbursement processes.

In order to cope with this dynamic scenario, a significant number of providers have chosen to focus on the core areas of their practice such as patient care and research by opting to outsource the non-core areas such as revenue cycle management and affiliated administrative services to experts who specialize in handling them.

 Medicalbillersandcoders.com, the largest consortium of medical billers and coders in the US across all specialties, have observed a spike in the outsourcing of the physicians' billing requirements across various specialties.

Florida Medical Billing, Delaware Medical Billing, Minnesota Medical Billing, Maine Medical Billing

Why do physicians feel that billing is a specialist job?

With the introduction of latest compliances such as HIPAA 5010, ICD10, PQRI (Physician Quality Reporting Initiative), CPOE (Computerized Physician Order Entry), HIE (Health Information Exchange), and the latest EHR updates, physicians have realized the wisdom of treating billing as a specialist job. Add to it the emerging options in physicians' practice such as part-time practice, Tele-health and Tele-medicine for some specialties, and other possibilities such as IPAs, ACOs, and PCMH, and one can begin to see how these changing patterns have led to the simultaneous revolutionizing of the reimbursement processes.  

  • A physician's billing cycle is a complicated one including almost 12 individual steps.  
  • The reimbursement regulations for each payer can differ, and can even be contradictory; sometimes, payers change their regulations arbitrarily while, at other times, more than one party (primary, secondary, or even tertiary payers) might be responsible with coverage gaps.
  • The unique billing and coding requirements for each physician specialty further add to these complex and stringent billing imperatives.
  • As payers fine-tune their claims adjudication process, physician practices will have to face more stringent objections to get paid.

Physicians are finding it increasingly cumbersome to manage and incorporate these changes within the limited resources of their staff as it requires aggressive and pre-emptive efforts, the problems only compounding in the case of smaller or single practices. The paucity of trained and experienced billing staff and the difficulty in their retention exacerbates the issue. In fact, the routine processes involved in medical billing and other RCM functions are inevitably intricate requiring specialized skills and are better outsourced to expert professionals for optimum realization.        

How is MBC equipped to provide expert billing services across specialties?  

MBC, in its role as an established and responsible billing and coding consortium has expanded their RCM and consultancy services across the states of the US to cater to the needs of the evolving healthcare industry. We have practically hundreds of trained billers well versed in the billing intricacies and issues of each specialty, with hands-on experience in single practices as well as multi specialty clinics and hospitals.  We offer complete RCM services as well as consultancy and partial outsourcing services for compliance programs, coding services, and accounts receivables follow-up.

With its comprehensive and customized solutions for optimizing your RCM as well incorporating the latest innovations in healthcare technology, regulations and compliances, Medicalbillersandcoders.com is well-equipped to provide specialized support to healthcare providers who would like to invest their time, efforts, and resources in focusing on their core competencies.

About Medicalbillersandcoders.com

Medicalbillersandcoders.com is the largest 'Consortium of Medical Billers and Coders,' across the US. The portal brings together hundreds of billers, with experience in different specialties, on the same platform to service physicians in their local areas. This network of coders and billers is growing rapidly and is currently servicing over 50 specialty physicians, across the US ( Sacramento Medical Billing, ,Cincinnati Medical Billing, Long Beach medical billing, St Petersburg Medical Billing,, Fayetteville Medical Billing, Orlando Medical Billing ) with the most prominent being Chiropractic Medical Billing, Mental Health Medical Billing, Medical billing radiology, Medical billing chiropractic, and Medical billing Physical Therapy.

Contact:
Prerna Gupta, Media Relations
108 West, 13th street,
Wilmington, DE 19801
Tel : +1-888-357-3226
Email : info@medicalbillersandcoders.com


http://www.medicalbillersandcoders.com/

Medical Billing Blog



'/>"/>
SOURCE Medicalbillersandcoders.com
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. SweetSpot Diabetes Care, Inc. Registers SweetSpot Data Transfer Service as a Medical Device Data System (MDDS) With FDA
2. Baylor Health Care System Registers its Commitment to Achieve Meaningful Use of the Electronic Health Record
3. Facial Plastic Surgeon, Dr. Davis B. Nguyen Announces Fibrin Glue Approved by FDA for Use In Facelifts
4. Spectros T-Stat Shown to Be Earliest Available Method for Detection of Surgical Skin Flap Compromise After Surgery
5. First Prostate Cancer Registry for Robotic Radiosurgery Patients Enrolls More than 500 Men
6. Atrium Announces the Publication of the COBEST Trial by the Journal of Vascular Surgery
7. Robotic Surgery Frees Sliwa of Prostate Cancer
8. HeartWare Announces Presentation of Clinical Data at the 25th European Association for Cardio-Thoracic Surgery (EACTS) Annual Meeting in Lisbon
9. Multi-Session Gamma Knife Radiosurgery Gaining Traction in North America to Treat Patients With Cancers in Brain and Skull Base
10. Prostate Cancer Treatment: Match Between CyberKnife And Robotic Prostate Surgery And The Winner Is?
11. Ethicon Endo-Surgery Introduces First Powered Endocutter with Enhanced System-Wide Compression and Stability, Allowing Surgeons Greater Control in Laparoscopic Surgery
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... June 24, 2016   Pulmatrix, Inc ., (NASDAQ: ... innovative inhaled drugs, announced today that it was added ... reconstituted its comprehensive set of U.S. and global ... is an important milestone for Pulmatrix," said Chief Executive ... awareness of our progress in developing drugs for crucial ...
(Date:6/23/2016)... , June 23, 2016 Any dentist who ... challenges of the current process. Many of them do not ... the technical difficulties and high laboratory costs involved. And those ... offer it at such a high cost that the majority ... Dr. Parsa Zadeh , founder of Dental ...
(Date:6/23/2016)... , June 23, 2016 ... CAPR ), a biotechnology company focused on the ... announced that patient enrollment in its ongoing randomized ... has exceeded 50% of its 24-patient target. Capricor ... the third quarter of 2016, and to report ...
Breaking Medicine Technology:
(Date:6/25/2016)... Montreal, Canada (PRWEB) , ... June 25, 2016 , ... ... the pursuit of success. In terms of the latter, setting the bar too high ... low, risk more than just slow progress toward their goal. , Research from ...
(Date:6/24/2016)... ... June 24, 2016 , ... Marcy was in a crisis. Her son James, eight, was ... his family verbally and physically. , “When something upset him, he couldn’t control his emotions,” ... He would throw rocks at my other children and say he was going to kill ...
(Date:6/24/2016)... ... June 24, 2016 , ... Comfort Keepers® of San Diego, ... and the Road To Recovery® program to drive cancer patients to and from their ... to ensure the highest quality of life and ongoing independence. Getting to and ...
(Date:6/24/2016)... ... June 24, 2016 , ... The Haute Beauty Network, affiliated ... Weintraub as a prominent plastic surgeon and the network’s newest partner. , ... most handsome men, look naturally attractive. Plastic surgery should be invisible.” He stands ...
(Date:6/24/2016)... ... ... Venture Construction Group (VCG) sponsors Luke’s Wings 5th Annual ... Country Club at 1201 Rockville Pike, Rockville, Maryland, 20852. The event raised funds ... been wounded in battle and their families. Venture Construction Group is a 2016 Silver ...
Breaking Medicine News(10 mins):