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Medical Billing
We offering Medical Billing Services
Are administrative obligations hindering your performance as a healthcare organization? Medical billing, insurance follow-up, claims processing, and a whole range of such administrative functions can eat away valuable time that you should be dedicated wholly to your healthcare practice. Get the most practical and profitable solution for this predicament by choosing to outsource your medical billing services to an experienced medical billing service company.
Healthcare providers offer crucial services for patient care, and the billing process helps them sustain their operations for the long term. To support that and enable a successful revenue generation cycle, efficient medical billing services are highly necessary.
All the tasks that are a part of the medical billing process, such as following HIPAA requirements or streamlining the collection process, can be effectively handled by "Vardhan Medical Coding", an expert medical billing services company. We understand that healthcare providers have to go through the challenges of missed charges, under pricing, non-reimbursed errors, coding errors, etc. causing them to face a significant loss in revenue every year. Therefore, we have designed our medical billing consulting services to deliver accuracy and prevent the occurrence of such losses.
"Vardhan Medical Coding" is among the best online medical billing services providing companies that can be your one-stop-shop for all your needs. We have some of the most experienced and skilled medical billing specialists on board who can take care of all your requirements with ease. We leverage the power of the latest tools and technologies while delivering the best quality services to global clients.
Prioritizing your patients' health is the number one task that your healthcare institution must focus on. But, if you don't get your billing process in order, it could affect your profits and you won't be able to care for your patients as well. With the right medical billing outsourcing services, you can ensure steady profits and maximize care delivery for patients.
The best medical billing services will also help you save up on your financial resources and time and facilitate proper recordkeeping to prevent mistakes in the submission of bills and insurance claims.
"Vardhan Medical Coding" has been one of the leading providers of medical billing management services for a long time now. We understand each client's unique requirements and provide them with customized services that will suit their business requirements. Some of the key medical billing solutions we offer include -
Medical Billing Process at Vardhan Medical Coding
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Claims Denial Management
We can Provide you with effective Claims denial management that will help you increse your revenue. Our entire process and expert staff make sure thet there are minimal denials. Denials and partil payments are assessed by our expert team and an extensive follow-up process follows. Patient, providers, and other parties are contracted to deal with the denials and secondary paper claims are processed.
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Insurance Verification
Once we have the data with us, our medical billing experts will verify the insurance eligibility and benefits before getting a pre-certification for procedures and diagnostic tests. Once this stage is cleared, the pre-certification is obtained.
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Patient Information Entry
Following the verification process, for every new patient, we enter the patient demographic details, patient history, information about the diagnosis, and insurance-related data. For repeated patients, the previously stored information is validated. Once these data are stored, you can retrieve the complete information about a patient at any time with the help of our online medical billing services.
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Medical Coding
Each diagnostic note needs to be coded with CPT and ICD-10 codes to enter into the medical billing system. Our experienced coders take care of the coding process with high levels of accuracy and diligence. In case your bills are pre-coded, we will validate them to prevent up-coding/down-coding and integrate them into the billing process.
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Fee Charges Entry
The medical fee charges of your organization and CPT and ICD-10 codes are entered into the practice management system at this stage. These charges are the basis on which the claims are filed.
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Claims Submission
At Vardhan Medical Coding, we take up both electronic and manual claims submissions to insurance companies. The process is highly monitored and made error-free to make sure that there is a bare minimum rejection of claims. In the case of rejections from the clearinghouse, rectification and resubmission are done.
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Posting of Payments
Scanned copies of the Explanation of Benefits (EOB) and checks are posted into the system by our team. The team reconciles the entries daily.
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AR Management
Extensive follow-ups are made to collect the outstanding accounts receivables (AR). Our regular telephonic and email follow-ups make sure that the AR collection time is reduced and there is an increase in revenue.
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Medical Claims Transmission
The medical billing process starts with you sending us the patient list, demographic details of the patients, and copies of their insurance cards. The data can be transferred to "Vardhan Medical Coding" by FTP, fax, or email. Before electronically sending the medical claims to the claims transmission department, they are filed for follow-up with all relevant information.
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