Medical Billers and Coders

  Podiatry is specific to the procedures for toe, ankle, or foot treatments, so  medical billing and coding  is a specialized process with detailed and specific codes. It also carries very precise guidelines and policies for the procedure to be billed. Your Podiatry practice cannot ignore the rapid changes and updates in the codes or will suffer from incomplete claims, decreased revenues, and possible audits. It requires the transition to ICD-10 coding as well as the varied codes for a wide range of medical and surgical procedures. A compliant billing and coding Podiatry Practice must keep in mind – Compliant Billing and Coding for your Podiatry Practice Relevant CPT codes –  Current Procedural Technology (CPT) ensures that your practice is following the latest and most up-to-date coding for your patients. The codes and policies of CPT facilitate accurate coding of claims for the services provided and regular revenue generation. Payer Specific Coding –  ...

  Awareness about foot care is slowly improving and people have started recognizing the importance of consulting a specialist instead of their  primary care  provider. Increasing public awareness coupled with better subsidies and healthcare reforms can dramatically increase demand for podiatry services in the years to come. However, Podiatrists may not be prepared to face and overcome the Unique Podiatry Medical Billing Challenges with A Proficient RCM Process has to face, given the rise in the patient walk-in. Podiatry Billing is a very specialized field of medical billing and comes with its very own set of challenges. Without in-depth knowledge of podiatry and extensive experience in  podiatry billing , general billing service providers or even in-house specialists can’t attempt to maximize revenue. On average, with rising costs and billing challenges, Podiatrists lose about 20% of their potential revenue every year. Inefficient billing practices and a lac...

  EMR implementation can be challenging, but if done correctly it can yield an increase in revenue. The initial investment then becomes affordable and the long-term results become quite compelling. Post-EMR implementation, an evaluation should be carried out to guarantee that the practice is functioning effectively to ensure staff and patient satisfaction. Some of the benefits of implementing EMR and how it can be leveraged to further increase revenue podiatry practice are discussed here. 1.  Facilitates Growth in Govt. Claims Reimbursements Government payers require meticulous documentation of all the routine checks of a patient, which is time-consuming. However, since Medicare requires documentation for everything billed, practitioners only bill for those items that have documented records. Due to this, doctors are deprived of about 15% of their reimbursements annually. 2.  Reduces Malpractice Insurance Premiums Improved documentation, audit trails, and accuracy h...

  Podiatric medicine, as we all know, is one of the most sought branches of medical science dedicated to the diagnosis, prevention, and treatment of various foot disorders resulting from diseases or injuries. A Podiatric physician is to the foot what an ophthalmologist is to the eye and a dentist to the mouth -a specialist who has undergone lengthy, thorough study to become qualified to treat a specific part of the body. A Doctor of Podiatric Medicine makes independent decisions and performs all necessary diagnostic tests. Also, administer medications, performs surgery, and prescribes therapy regimens. Podiatric physicians educated in state-of-the-art techniques involving surgery, orthopedics, dermatology, physical medicine, and rehabilitation hence; require constant up-gradation to be the best in their field. As A Practicing Podiatric Physician…. Due to the sudden increase in the quality and quantity of Podiatric medicine-related research in the past decade, the physicians ...

Does in-house billing eat up too much time in your practice? Are you overly dependent on a number of employees to bill for your practice? Or are you losing significant money with your billing and coding practices? Well, if your answer is yes, then the time has come to outsource your  Podiatry Billing and Coding  work to an offshore entity. The financial well-being of your Podiatry practice is specifically related to timely billing and coding procedures. In the day and age where business outsourcing is gaining traction day by day, Podiatry Physicians from Florida are also not holding back when rendering the services of an offshore billing entity. Contracting a quality  medical billing and coding agency  is a standout amongst the most critical choices you’ll ever make with respect to the business part of your practice. It is important that your podiatry charging organization has the experience, important to handle the complexities displayed by Podiatry charging...

  Professional medical billing services try to reach a level of efficiency when it comes to revenue cycle management of podiatry practice because of their exhaustive collection practices, incessant execution of billing tasks, and updated knowledge of prescribed documentation regulations. Podiatry billing like every other specialty billing faces its own set of challenges. Unskilled billing staff and inefficient billing practices can work havoc on the RCM process of your practice. Here are the reasons why Podiatry Practice Increase Revenue with Outsourced Billing Services.  The Reasons Why Podiatry Practice Increase Revenue with MBC: Better Understanding of Podiatry Billing Guidelines Centers for Medicare and Medicaid Services (CMS) are very particular about the prescribed billing guidelines. The team of billing experts is well-versed in podiatric procedures and related codes. This helps your podiatry practice to achieve your goal of flawless billing. Do check that the comp...

  Every successful doctor needs to know the crucial insights that go into podiatry billing to make it profiteering. With the view of recent regulation changes, your podiatry billing will need to understand the need for a modifier that acts as a myth. Here are Some Common  Podiatry Billing  Myths Busted for your Reference: Myth I: Modifier 24 is applicable to all services performed in the post-op period Reality – Modifier 24 is used in addition to an appropriate E/M code, in cases when the Evaluation & Management service takes place during a post-operative global period for reasons not related to the original procedure. We can say that this modifier indicates that the surgeon is treating the patient for a new problem altogether. This modifier is only for use during the postoperative period (10 or 90 days). This is because according to rules you cannot bill separately for evaluation & management-related services pertaining to the original surgery during the glo...

Podiatry is the therapeutic strength worried about determining and treating ailments, wounds, and deformities of the human foot. This claim to fame incorporates therapeutic, careful, mechanical, and physical medications for the foot. In that capacity, podiatrist billers are in charge of coding these medications. Podiatry billing and coding require careful use of modifiers and knowledge of inclusive procedure coding. For each podiatry specialization, there is an equivalent specialization in the therapeutic coding and charging rules, directions, and procedures required for that explicit kind of prescription. Podiatry is the same since it likewise requires an exceptional arrangement of therapeutic coding and charging strategies. Podiatrists treat an exceptionally specific arrangement of indications, infections, and conditions. Some of these medications are for routine consideration, though others are identified with basic issues, such as metabolic, neurologic, or fringe vascular illne...

  Receiving denial claims is upsetting for both the medical staff and the doctor. It happens often that, irrespective of how much one takes care of ensuring that everything is in the line and proper there are still denial codes. When repeated problems occur specifically involving  ICD-9 or CPT codes, instead of looking at the claim denials as a defeat it’s time to come up with a crucial solution. Outsourcing your podiatry medical billing and coding services to a professional company like MBC. When the healthcare industry is giving so much attention to patient care, it makes it tough for any podiatry practitioner to keep up with quality care. Since billing is eating too much time. Taking time in correcting the errors, training the staff, leading to proper payments, ensure that the documentation is on the line. So, why not get out of this billing stress by involving a professional medical billing and coding partner like MBC to do the backend job? Here’s why you should...

  Improper use of Modifiers for Podiatry Services can be the cause of claim denials just as not using a modifier can be. When using modifiers, make sure you clearly understand what the modifier entails. Sometimes, there are related services that the physician is performing, global periods to contend with, etc. Modifiers will clarify extenuating circumstances, which should allow for payment when they otherwise may not. If the insurance company denies a claim and you rebill it by simply choosing another modifier and hoping that is the correct one, this will usually end up creating additional problems. Insurance companies may have a time limit as to how long you can file an appeal. If you continually rebill incorrectly, then by the time you send in the claims and subsequently get denied again, you may run out of the appeal window. The appeal window generally starts when you submit the initial claim.  Medicare  explanation of medical benefits (EOMBs) will indicate whether ...

  Podiatry is one of the medical specialties, which concentrates on the diagnosis and treatment of the human feet and ankles. Podiatrists care about different conditions related to the foot such as heel spurs, toenails, fallen arches, foot/ankle injuries, and plantar fasciitis. Services offered by podiatrists should be paid for by either insurance companies or the patients or by both. Podiatry billing services are a very critical part of many practices. As far as podiatry billing services are concerned, it is able to collect money efficiently from payers that are accountable for covering the services offered by podiatrists and patients. There are some services, which are not covered by payers, especially those which are not considered medically needed for appropriate foot care as per the  Medicare Benefit Policy Manual   ( MBPM ) . Below we Mentioned the Services which are Covered by Payers: An exception to podiatry services covered There are specific foot care serv...