Thoracic Surgery Billing Services
Medcod MSO specializes in thoracic billing services for complex procedures. We handle billing for video-assisted thoracoscopic surgeries (VATS), lung resections, bronchoscopies, and pleural procedures. Our certified coders, with CPC credentials, are experts in the specific CPT needed for accurate billing. Partner with us to simplify your billing, speed up reimbursements, and improve your financial health.
Thoracic Surgery Medical Billing Services
Medical coding and billing are complex processes that are a challenge for any practice, but specializations like thoracic surgery have such a wide range of procedures and so many alternatives that getting everything correctly coded and submitted properly according to all the insurance claim requirements can seem impossible for a busy office staff.
Important To Maintain An Efficient Revenue Cycle
As costs continue to rise and medical office budgets get tighter, it becomes even more important to maintain an efficient revenue cycle. Payments being unnecessarily held up because of claim denials or even just slow submission affect your bottom line by delaying income that you need to get as soon as possible to keep your supplies paid for and your office running smoothly.
Thoracic Surgery Billing and Coding Carries Its Own Set of Challenges
Complex Coding Results in Human Error
In a practice where procedures range from minimally invasive to heart transplants there is a lot of room for human error. Unlike a general practice office where the same codes are frequently used, in thoracic surgery billing there are many unusual, detailed codes and modifiers that need to be applied.
Data Entry Errors Early In The Process Compound As Treatment Progresses
Because treatment is often continuous, or at least composed of several parts, any wrong coding in the beginning causes further errors as treatment goes on, resulting in significant issues in the claims that are submitted. This will result in the claims being rejected or denied and your staff having to go back through many records to figure out what went wrong.
Equipment And Supplies Require Additional Coding
In addition to the procedures, there are monitoring systems, medications and supplies that must be correctly included. All these details frequently have to be transcribed from the physician’s notes, presenting another opportunity for error.
Nonmatching Fees And Service Invoices Can Get Your Practice In Trouble
Under coding (entering a code that results in too little compensation for your services) can result in serious losses, and worse yet, over coding (submitting claims with codes that indicate a more expensive procedure than was performed) confuses billing and delays payments, but it is also a violation of the law and can not only cause trouble with those who pay you, but can trigger an investigation.
Right Billing And Coding Partner Will Save You Money
Rather than being an added expense, the right billing and coding partner will save you money. By getting claims filed quickly and correctly, rejections and denials managed efficiently and payments due collected, your practice will have a smoother revenue flow and increased income overall. Get a free demo today and let us show you how we can increase your bottom line.