The healthcare revenue model is migrating towards outcome-based payments. This trend requires an intimate knowledge of the billing rules in relationship to the clinical documentation. This will be compounded with the upcoming industry transition to ICD-10 for medical diagnosis and procedure coding, and Version 5010 standards for electronic health transactions. these operational changes will require more specialized resources to optimize revenue management.
Benefits of AssistMed Medical Billing Services
✔ Faster claims processing
✔ Increased coding & claim accuracy
✔ Faster revenue recognition
✔ Decreased AR days & denials
✔ Reduced labor costs
✔ Increased collections
✔ Improved profitability
AssistMed Medical Billing Services Include
✔ Appeals Management
✔ Accounts Receivables
✔ Charge Capture
✔ Claims Adjudication
✔ Claims Data Audits
✔ Claims Remittance
✔ Denial Management
✔ DRG Audits
✔ ICD-10 Transition
✔ Patient Billing
✔ Provider Credentialing
✔ Payer Enrollment
✔ Payment Posting
✔ RAC Management
✔ Reconciliation
✔ Refund Posting