Medical coding is a routine process in healthcare in which a person called a medical coder translates the medical reports of a patient into universal alphanumeric codes. The translated alphanumeric codes act as a universal language between insurance companies and healthcare providers for communication and billing purposes. Everything in the medical reports that include patient diagnoses, doctor’s prescriptions, and other medical procedures are translated into codes to ensure accurate billing and reimbursement.
At Medtech Providers, we have a comprehensive medical coding process that starts with reviewing patients’ health records. While reviewing the records, our medical coder identifies all the diagnoses and procedures that need to be coded. Then he assigns codes to all the found diagnoses and procedures sequentially and in accordance with the guidelines. In the end, all the codes are double-checked to prevent any sort of error. Moreover, all our medical coders are trained to work on multiple medical coding systems.
Medical coding is one of the vital and most important processes in revenue cycle management. Most of the medical practices rely heavily on insurance claims and without medical coding, you can’t get reimbursement for the healthcare services that you provided to your patients. In addition, medical coding helps in ensuring a consistent payment flow. Another reason why medical coding has paramount importance in healthcare is that it helps practices in keeping up with regulatory and contractual compliance such as HIPAA which further helps in improving patient satisfaction.
To help you get medical billing levels, our qualified medical billing consultants offer excellent medical billing services. To eliminate any possibility of error or mistake, we handle end-to-end insurance verification in which we monitor the benefits and coverage provided by the insurance providers. Due to the incredible accuracy of our claim filings, medical practice and patient satisfaction have grown.
To guarantee the confidentiality of any protected health information (PHI), the HIPAA Compliance Act was passed into law back in 1996. Because of this, American professional medical billing organizations must at all times adhere to HIPAA compliance. Because of this, a revenue cycle management company can only be relied upon if it complies with all HIPAA Act requirements.
MedTech Providers is a fully compliant HIPAA medical billing service company in the United States that offers practicing safe medical billing that complies with all privacy protection regulations. Throughout the medical billing process, we take precautions to keep the security of your Protected Health Information (PHI). It is one of the main reasons why medical practices feel at ease by outsourcing their medical billing to a reputable RCM billing business like MedTech Providers. We are one of the top provider of medical billing Solutions in all 50 US States, including California, New Jersey, Texas, Florida, Alaska, New York, and other states.