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.
