07 Oct What Everyone Needs to Understand About Medical Billing and Coding
When it comes to medical billing and coding there are no shortcuts. In essence, as a medical provider you pay for what you get. And although medical billing and coding does not require those working in the field have an advanced degree, it is demanding work that calls for specific skills and training.
Plus, it is a field that involves the ability to communicate with people on various levels. There are five essential aspects to medical billing and coding that offer insight into how it works and what’s needed to be successful in the field.
Details Are Important
People who are good at medical billing and coding are detail oriented. They want to get every kernel of information right and are concerned that they may make the smallest error. That’s important for medical practitioners because often it is the tiniest mistake that results in a medical claim being rejected.
A lowercase “l” is used instead of the number “1” (one), of an uppercase “O” is input instead of a “0” (zero). Although logically you may know that the letter should be a number, such a mistake on a medical claim form will result in it being rejected. The little things are big in medical coding.
Accuracy is Essential
Accuracy, which is a bit different than “details,” is also an important part of a medical biller and coder’s work ethic. Accuracy involves making sure that the information provided is correct in terms of what is being requested. In a way, accuracy involves paying attention to some of the bigger aspects of the medical claim process. Details may be correct but a form may not accurately reflect procedures undertaken, diagnosis offered, medication prescribed, etc.
Timeliness Means Everything
In the field, being timely can mean the difference between a practice receiving their payments on time or much later than they should. A medical billing and coding professional is well aware that completing claims in an efficient manner, as well as accurately, results in a comfortable cash flow for the client. Thus, they always try to make the time from when they receive the information needed to process a claim to the time that it is sent to the payer as short as possible.
Conversely, medical billing can be time consuming due to the length of medical claim forms, the need for exacting information, and delays in receiving specific explanations needing to clarify a question. Those working in medical billing know that there’s no use in submitting work that is partially complete, not up to industry standards, or possibly incorrect.
Thus, the time needed to get all required information together can delay the process. The medical biller’s job is to expedite that process as much as possible, which may mean having direct contact with the medical practice to get the information needed.
Right the First Time Pays Off
Medical billing and coding professionals know that getting everything right the first time pays off. It may take a little more time, it may involve extra attention to detail, and it may call upon them to put in some extra effort. But in the end, when a medical practice engages a knowledgeable, well trained, and conscientious medical billing and coding professional, they have the best chance of getting the job done right the first time.
MPMR is a detail oriented medical billing and coding company who works nationwide on many different specialties. The expert personnel will assist your practice to increase revenue and efficiencies. Call MPMR today for a complimentary consultation on how we can help your practice thrive!