Cardiology Billing Services in Madison
The team has done a stupendous job in clearing the backlog of work from the other vendor in such a short time. Thanks, team, for your dedication by working through days and nights and weekends to have this accomplished.
VP Services
from CaliforniaWow that’s an amazing performance, you have collected 40% from the claims that was sitting unpaid for more than 180 days in less than 4 months. This is truly great performance team. Love your commitment, speed, and technology.
Pediatrician Physician
from Atlanta
- When setting up appointments for patients, compile and check all of their insurance information.
- Include diagnostic testing if a patient requires a referral.
- Review payer guidelines for all services that require a pre-cert or authorization.
- Before a patient's appointment, make sure that all authorizations, pre-certifications, and referrals have been confirmed.
Inappropriate medical coding is the leading cause of claim rejections, including omission of modifiers, use of incomplete CPT codes or combination codes, and failure to adhere to local coverage determination (LCD) rules when coding for cardiology.
One of the most frequent errors in the medical coding process is the missing or inaccuracy of modifiers because standards are continually changing. Your revenue cycle management process is immediately impacted by missing/incorrect/inappropriate modifiers.
Fortunately, there are steps you can take to minimize mistakes in your medical codes:
- Hire experienced medical coders and billers to review the CPT & modifiers in all your medical codes.
- Invest in a third-party medical billing company to perform regular audits on your medical codes, which ensures you’re using the proper modifiers and checks to prevent over-coding and under-coding.
What Are the Ways in Which iMagnum Can Boost Revenue and Cut Costs for Your Cardiology Practice?
- Methods for filing claims and following up that are quick and accurate. Within 48 hours of receipt, all claims are electronically submitted.
- Secure, HIPAA-compliant document management system set up.
- Round-the-clock online access to patient records, files, and claims forms
- Monitoring and advocacy on managed-care contracts and fee schedules
- Regular monitoring of expected reimbursement to realized receipts
- Appeals for all underpayments and/or claims denials
When you outsource cardiology billing services to iMagnum, you’ll partner with a cardiology billing company that is extremely skilled in helping you receive maximum payments with minimum downtime.