Gastroenterology Billing Best Practices To Maximize Revenue

1. Gastroenterology Billing: Best Practices To Maximize Revenue https://www.247medicalbillingservices.com | +1 888-502-0537

2. Gastroenterology Billing: Best Practices To Maximize Revenue Gastroenterology is the division of medicine regulating the digestive system and its dysfunctions. This specialization focuses on diseases affecting the gastrointestinal tract, including the organs from mouth into anus, along the alimentary canal. Billing and coding for gastroenterology remain challenging and require expert knowledge to ensure maximum compensation. Additionally, gastroenterology billing requires the ability to track underpayments efficiently. This specification often surpasses the competency of most billing software and in-house billing staff. GI practices not adequately targeting underpayments face significant revenue issues. https://www.247medicalbillingservices.com | +1 888-502-0537

3. Gastroenterology Billing: Best Practices To Maximize Revenue • Moreover, with the subsequent payment cuts affecting gastroenterology practice revenue, more practices rely on gastroenterology medical billing and coding companies to maximize their reimbursement. • Medicare has cut compensation for colonoscopy up to 17 percent, which has affected access to care. Colonoscopy is a life-saving procedure that significantly benefits colon cancer inhibition. • Incomplete colonoscopies are compensated at one-half the cost of a finished procedure with the corresponding code. • Though made no modifications in the Physician Quality Reporting and Value-based Payment Modifiers, there will be improvements to pay for quality reporting and other factors under the Merit-Based Incentive Payment System and Alternative Payment Models, claimed by the Medicare Access and CHIP Reauthorization Act. https://www.247medicalbillingservices.com | +1 888-502-0537

4. Gastroenterology Billing: Best Practices To Maximize Revenue Conclusion: • Outsourcing medical billing refers to hiring an external agency by a healthcare provider who takes care of all the medical billing aspects. At 24/7 Medical Billing Services, bring excellence, knowledge, and accuracy to billing and coding services while developing a revenue cycle without defects for your practice. With abilities across the revenue cycle chain- patient demographics entry, insurance verification, insurance authorizations, coding, billing, reconciling accounts, and denial management. • Our team strives to advance a smooth billing, coding, claim submission, and payment posting process. We guarantee consistent accounts receivable follow-up and prior authorization to avoid claim rejections https://www.247medicalbillingservices.com | +1 888-502-0537

5. Gastroenterology Billing: Best Practices To Maximize Revenue About 24/7 Medical Billing Services: 24/7 Medical Billing Services is the nation’s leading medical billing service provider catering services to more than 43 specialties across the entire 50 states. You can rely on us for end-to-end revenue cycle management. We guarantee up to 10-20% increase in the revenue with cost reduction of your practice for up to 50%.  Media Contact: Hari Sudan,  24/7 Medical Billing Services, 16192 Coastal Hwy, Lewes, DE – 19958 Tel: + 1 -888-502-0537 Email - info@247medicalbillingservices.com https://www.247medicalbillingservices.com | +1 888-502-0537