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Wound Care Billing Services in Waxhaw

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A large section of the US's aging population suffers from conditions that put them at risk for wounds that require lengthy wound care treatments, giving the field of wound care considerable significance.

All forms of wound care are not covered by insurance, and the ones that are require a number of administrative activities, such as proper documentation with accurate detailing of the medical details of the treatment episode to establish insurance eligibility, which also involves maintaining and providing details to establish that the treatment was administered on the advice of a physician. This presents a challenge to doctors, hospitals, and patients.

Optimize Your Wound Care Billing by Partnering with iMagnum

The medical billers and coders on the iMagnum Healthcare Solutions team have experience managing the complete cycle of tasks, from assessing insurance eligibility to submitting claims and carrying out normal follow-ups. It can be difficult for care providers to choose a billing and coding service model that is scalable enough to accommodate any size or requirement because wound care is a treatment that is provided by care providers of all sizes as well as independent physicians.

Outsourced billing and coding is one of the two service models that iMagnum Healthcare Solutions provides, while the other is revenue management consulting:
  • The care providers can totally delegate their billing and coding duties to MBC under the paradigm of outsourced billing and coding services, freeing up their time to focus on providing medical care instead of administrative tasks.
  • On the other hand, by eliminating outmoded procedures, suggesting suitable software programs to replace the outmoded ones, and identifying areas for staff training and income leakage to help plug them, our revenue management consulting services help streamline internal revenue management.

Both of the models have assisted large and small wound care providers in all US states in overcoming the challenge posed by administrative activities to claim insurance in order to increase revenues and maximize their in-house resources, either by streamlining processes and training staff members so that they have a thorough understanding of the tasks they must complete and details they must handle in order to prepare and claim insurance accurately while reducing denial chances.

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