Best Medical Billing Practices for Pediatric Practices.pdf
- 1. Best Medical Billing Practices for Pediatric Practices HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/ The pediatric billing and coding process is one of the most important, if underappreciated, aspects of the healthcare system. This procedure ensures that healthcare providers receive payment for the services they provide. However, the pediatric billing process requires a high level of accuracy to ensure that claims are issued and payments are processed quickly. Errors or outdated information can cause major issues in pediatric practice. For example, failing to enter correct patient demographic information or failing to check and verify patient eligibility can result in costly denied claims. Any changes to patient information must be carefully reviewed and entered, all transmissions must be confirmed, payments must be posted, and accounts receivable must be worked on time. Since all of this must be done in addition to dealing with patient calls and other day-to-day demands in a busy pediatric office, taking the time to implement the best pediatric coding and billing practices from the start can greatly reduce the risk of confusion or error. Here are some pediatric billing and coding best practices to help your practice create the most efficient system possible and maximize revenue potential:
- 2. Best Medical Billing Practices for Pediatric Practices HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/
- 3. Best Medical Billing Practices for Pediatric Practices HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/ Before the Visit: The front desk will oversee verifying eligibility, obtaining necessary authorizations, and collecting co-pays and co-insurance in advance of the visit. • Check Eligibility Proactively • Review Patient Responsibility During & After the Visit: • Use Charge Rules: • Enter Charges Within Two Days Of The Visit Date • Verify Status Reports • Convert your EHR to the Single Source of Truth
- 4. How Can 24/7 Medical Billing Services Assist You? HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/ Changing payer fee schedules, government regulations, a lack of training and resources, and high-deductible health plans may all be factors causing your pediatric practice to earn less than it should. Maintaining financial health in a complex regulatory healthcare environment is no easy task. It is necessary to understand how to get paid for your services, from dealing with claim denials and improving denial management and underpayments to following up on outstanding payments. In addition to the pediatric medical billing practices listed above, practices must keep payer fee schedules up to date, file secondary insurance claims, and ensure correct coding to avoid undercharging. You can also collaborate with revenue cycle management experts of 24/7 Medical Billing Services to increase your pediatric practice profitability. Book your free consultation right today by calling +1 888- 502-0537.
- 5. About Us HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/ We are a medical billing company that offers ‘24/7 Medical Billing Services’ and support physicians, hospitals, medical institutions and group practices with our end to end medical billing solutions. We help you earn more revenue with our quick and affordable services. Our customized Revenue Cycle Management (RCM) solutions allow physicians to attract additional revenue and reduce administrative burden or losses.
- 6. Contact Us HTTPS://WWW.247MEDICALBILLINGSERVICES.COM/ Media Contact: 24/7 Medical Billing Services Georgia 3001 Greenfield Drive, Marietta GA Ohio 28405 Osborn Road, Cleveland, OH 4414030068 Texas 2028 E Ben White Blvd, #240-1030 Austin TX, 78741 Delaware 16192 Coastal Highway, Lewes, Delaware 19958, United States Phone no / Fax : +1 888-502-0537 Email us: [email protected]