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Avoid These Common Coding Mistakes in Your Family Practice with a Medical Billing Partner

Family Practice Medical billing mistakes can hinder your revenue cycle and delay payments. Learn what to avoid and what you can change to decrease denials.<br><br>Read More: https://bit.ly/3NCEE9F

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Avoid These Common Coding Mistakes in Your Family Practice with a Medical Billing Partner

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  1. Avoid These Common Coding Mistakes in Your Family Practicewith a Medical Billing Partner Operating costs were listed as the top concern for medical practices in 2013; however, billing and payment hurdles also kept physicians on their toes. Family practitioners also raced in order to keep up with changes in CPT codes which proved extremely challenging, especially for providers with weak profit margins. The majority of revenue for a typical family practice comes from the submission of ICD-9 and CPT codes to third-party payers. Therefore, it becomes essential to code accurately for every single service in order to receive timely payments during family practice billing. Coders while carrying out family practice billing need to have a firm grasp on standard primary care coding because, unlike other specialties, family practices keep facing a variety of patient problems. Time is required to study the CPT manual and documentation guidelines for accurate coding for error-free practice billing. An updated CPT manual will have to be ordered every year to make providers and coders aware of new, revised, and deleted codes.

  2. Avoid These Common Coding Mistakes in Your Family Practicewith a Medical Billing Partner • Common Coding Mistakes That Can Cost Your Family Practice: • Here are a few medical coding and billing procedures that coders should not avoid at any cost in order to ensure accuracy in claim submission during practice billing: • Encounter forms should be up-to-date or else your practice can lose various opportunities to obtain revenue. This task is time-consuming but extremely vital for error-free coding • The medical necessity of services being offered by your practice should be substantiated as payers are becoming increasingly concerned about the same • It is important for physicians to get involved with billers and coders in a selection of ICD-9 codes, codes valid for a visit, or services linking the codes to associated CPT codes • Appropriate levels of E/M services should be selected and documented to ensure error-free coding

  3. Avoid These Common Coding Mistakes in Your Family Practicewith a Medical Billing Partner • Coders will have to learn the rules of using modifiers because they can be the difference between denials, full reimbursement, or reduced payments • Charges should be captured for every offered service • How can you Achieve Error-Free Coding? • Family practice physicians can improve the revenue cycle management of their practice with correct CPT coding. Staying up-to-date with the coding changes related to family practice billing is a tedious task but it cannot be avoided if you want to prevent revenue loss and fraud and abuse concerns. • Due to time constraints, family practice providers are seeking assistance from a medical billing partner. Medical billing companies have a team of well-trained certified coders who are experienced in handling coding challenges of different specialties.

  4. Avoid These Common Coding Mistakes in Your Family Practicewith a Medical Billing Partner Medicalbillersandcoders.com has been helping family practices across 50 states in the US overcome practice billing and coding challenges. We have the largest consortium of billers and coders trained for handling a range of activities involved in family practice billing and coding. From timely claim submissions to follow-ups with insurance companies, the expert team at MBC handles all the vital family practice billing tasks, leaving sufficient time for physicians to concentrate on patient care. Our coders are certified and they use the latest technology to ensure that your practice gets paid for every offered service. You can either opt for the entire suite of billing and coding services from MBC or get customized services as per your requirements. Outsourcing to a company like Medical Billers and Coders (MBC) offers an effective way to regain control over billing and increase revenue. We offer dedicated specialists that are highly trained, we get claims submitted quickly, and this leaves your practice with the ability to spend more time focusing on your patients.  If you’re interested in outsourcing your medical billing and coding to improve revenue for your practice, contact us today at 888-357-3226 to learn how we can help you.

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