We offer reliable and accurate medical billing and coding in Bradenton, while also servicing St. Petersburg, Sarasota, Plant City, Tarpon Springs, and other surrounding cities.
Medical Billing VS Medical Coding
The main difference between medical billing and medical coding is that medical billing focuses on the patients while medical coding focuses on the doctors and healthcare providers.
Medical billing is the process of identifying and submitting patients’ medical claims (diagnoses, medical tests, treatments, and procedures) to insurance and government agencies for services rendered to the patient to reimburse the physician.
Medical coding translates the identified and submitted medical claims applying CPT, HCPCS, and ICD-10 CM standardized codes; this ensures the accuracy of the services the patient received.
These codes are different “languages” to ensure that the government agencies and insurance companies understand the procedures and tests the doctor performed.
At Accelerated Medical, we ensure that we cover all aspects of medical billing and coding in Bradenton so that you can focus more on your patients and not the differences between medical billing and medical coding services or which codes to input.
We guarantee reimbursement in a timely fashion.
Benefits of Outsourcing Medical Billing and Coding in Bradenton
We understand that you may not need the complete revenue cycle management package. Also we understand that you may be outsourcing for only one aspect of the billing and coding services.
We work with you to create a completely customizable medical billing and coding in Bradenton service.
We can do everything from:
- Full revenue cycle: tracking patients’ visits, registration of new and old patients, scheduling appointments, patient statements, final payment of the balance, and claim follow-up.
- Investigating old claims
- Investigating denied or rejected claims
- Managing account payments and invoices.
- Ensuring the physician and patient get paid
- Reports with relevant data
- Personalized attention
Maximize return for every claim
We routinely check for accuracy and that we’re up-to-date with all medical billing standards, medical coding and our technology and data-tracking will maximize front-end efficiencies.
We can investigate previously denied claims but our main focus is to ensure that everything is up-to-date and up-to-standard to avoid rejection and ensure quick turnaround of reimbursement.
Since our focus is on accuracy, we handle each claim with intense attention to detail to avoid any setbacks.
We can even help your staff with filling out the codes appropriately by creating a system that works for everyone.
We offer customer services to your patients to guarantee quality medical billing and coding support. We enable your administrative staff more time for patient care while we handle all the financial aspects of your healthcare practice.
We make sure that we stay up-to-date with all medical billing and coding standards. The role of administrative staff is to scan patient records, also, we translate them to ensure that all the appropriate codes are there.
We consistently check for accuracy and readability by downloading daily to weekly reports. We make sure that the codes used in the paperwork are the appropriate ones.
For example, CPT (current procedural terminology) should only be used for procedures; whereas ICD-10 (international classification of diseases) should only be used for addressing diseases.
There are times when healthcare offices, insurance companies, and government agencies mix these up. It’s our job to ensure that your staff and overall healthcare practices focuses on the patients, while we read over the reports and check for accuracy and discrepancies.
We are experts in medical billing and coding and finance. We ensure that you get paid on time and avoid costly back billing. Our quality assurance specialists guarantee that each claim is accurate and complete to safeguard fewer denials.
Since we use best technology practices, we assure faster claims processing and therefore steadier cash flow into your practice.
Since we avoid rejection and delayed claims, we increase revenue generation. In the long run, we save you money by decreasing overhead costs since you can have fewer front-end employees handling unnecessary finances.
You will save money by avoiding negotiations with government agencies and insurance companies.
What is the Billing and Collections Procedure in a Medical Practice
These steps include:
- Establishment of financial responsibility for the visit
- Patient Check in and Check out
- Checking for Coding and Billing Compliance
- preparing and transmitting claims
- Monitoring Payer Adjudication
- Generating Patient statements or Bills
- Assigning patient payments
- Arranging Collections
Get in Touch with Accelerated Medical Billing
Finally, Outsourcing medical billing and coding in Bradenton doesn’t have to be complicated. Therefore, at Accelerated Medical, we are committed to providing you with the best professional medical billing & coding services in Bradenton.
As the physician of your practice, it is your job to safeguard the health and quality of life of your patients. Furthermore, it is our job to safeguard your peace of mind and quality practice.
Contact us online or call us at 727-781-8460 for more information on practice valuations, any of our other services we offer and any further questions about medical billing and coding in Bradenton, Sarasota or other surrounding cities.