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Showing posts with the label medical billing and coding services

9 Reasons Why Your Practice Needs Medical Record Audit

No matter how much of a tedious task it may seem, the audit of medical records is in the best interests of the practice. It can save physicians and medical billing services from clinical documentation disasters. An audit prevents the billing system from inconsistencies and helps put measures in place to safeguard the system from malicious viruses and unauthorized access. Many errors can be avoided only via a medical record audit. The sustainability of a successful medical billing and coding system thus relies heavily on the accuracy of medical records, and medical record audit helps to maintain that. Why Should Medical Billing Services Audit Records At Least Once a Year? A medical billing company ensures the confidentiality and accuracy of the medical information. If a practice is not performing well financially, there might be a problem in the billing system or medical records. Professional billing auditing companies like P3Care never compromise on risk analysis. Therefore, o

The Impact of Technology on Medical Billing and Coding

Medical billing and coding have undergone various changes. At first, the payment transaction methods were not clear. Then from the late eighties to until a decade ago, billers and coders had to write down every single detail manually on papers. The information collected was cipher into the designated codes or electronic codes to be stored in the hospital’s database. You can assume that the process of getting claims was surely not a cup of tea. It was lengthy, and most of the time, human errors were a big problem in creating clean claims. Since technology has been a great invention and is making waves in the medical billing industry like other fields. Now professional outsourcing billing companies relay on encoders to mitigate human errors and to increase the precision of the claims. The process is more streamlined than ever and aligned with the companies’ objectives. But relying simply on encoders can also seriously damage your claim processing. Why Professional Medical Coders a