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:6/26/2016)... SYDNEY , June 26, 2016 One of ... , has announced the formation of a new biotechnology company, Noxopharm ... raise $6m in an IPO and to list on the ASX. ... drug candidate, NOX66, ready to enter a Phase 1 clinical study ... been designed to address one of the biggest problems facing cancer ...
(Date:6/26/2016)... June 27, 2016 Jazz Pharmaceuticals plc (Nasdaq: ... under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as ... Celator Pharmaceuticals, Inc. ("Celator"; Nasdaq: CPXX ) ... Daylight Time). As previously announced on May ... definitive merger agreement under which Jazz Pharmaceuticals has commenced ...
(Date:6/26/2016)... Ontario , June 27, 2016  VMS Rehab ... Company,s Board will take whatever measures required to build ... Company,s stock which is currently listed on the OTC ... Wexler, Company Chairman and CEO, "We are seeing an ... difficult to understand, not only by the Company, but ...
Breaking Medicine Technology:
(Date:6/27/2016)... ... June 27, 2016 , ... ... authorized OSHA Training Institute Education Center headquartered in Northern California, has issued an ... extreme heat at their worksites. Employers with workers exposed to high temperatures ...
(Date:6/27/2016)... ... 27, 2016 , ... "FCPX editors can now reveal their media with growing ... said Christina Austin - CEO of Pixel Film Studios. , ProSlice Color brings ... users can now reveal the media of their split screens with growing colorful panels. ...
(Date:6/27/2016)... ... June 27, 2016 , ... TherapySites, ... its affiliation with Tennessee Counseling Association. This new relationship allows TherapySites ... Tennessee Counseling Association, adding exclusive benefits and promotional offers. , "TCA is extremely ...
(Date:6/27/2016)... ... June 27, 2016 , ... ... announced its strategic partnership with Connance, a healthcare industry leader providing predictive ... proven, proprietary technology combine to provide health systems, hospitals and ambulatory surgical ...
(Date:6/27/2016)... (PRWEB) , ... June 27, 2016 , ... ... cutting edge technology to revolutionize the emergency ambulance transport experience for the millions ... aware of how Uber has disrupted the taxi industry through the use of ...
Breaking Medicine News(10 mins):