Orthopedic Medical Billing Service
Orthopedic medical billing can be challenging and tiresome, but it doesn’t have to be for you! You may be surprised to learn that a third of surgical claims are submitted incorrectly, and a fourth of the total claims amount is denied. This is because of the ever-changing payer specific rules and complex billing codes.
As the health care industry continues to evolve with regulations being updated all the time, so should your billing. Staying on top of these even with a fully staffed department can be a daunting task. At Svast, we make sure our orthopaedic medical billing service is always up-to-date and optimized for revenue. Because we believe that you and your patients deserve the best service possible!
Overview of Orthopedic Medical Billing
We understand that your time is valuable, and you want your practice to run smoothly, but it can be challenging to deal with the unexpected when it comes to orthopedic medical billing. Medical billing for orthopedic treatments and services includes a broad range of offerings. These processes require a lot of attention to detail and accuracy, but we know the intricacies and are here to help – our team of orthopedic medical billing specialists will provide you with a tailored plan that addresses your unique needs. Our team of experts will help streamline the processes along with providing superior customer service and a quick turnaround time.
We are also HIPAA compliant throughout the entire process so you can rest easy knowing that we are doing everything in our power to keep your information safe and secure. We also offer in-depth knowledge of insurance companies so we can help you negotiate the best possible rates for your customers. The timely claims submission and increased reimbursements will increase profitability for you.
With our years of experience, you will have a trusted partner to help navigate this space. Our goal is simple – to provide you with a top-notch service for all your orthopedic medical billing needs.
Choose the Orthopaedic Billing Experts
It can be difficult to work within the confines of a complex system that doesn’t always seem to understand what you’re trying to say. You need a strategy that works for your practice and its needs, not just one that fits into a rigid system. You need guidance on how to apply correct coding and prevent penalties from being levied against your practice or hospital when things go wrong. And you need someone who understands that orthopedics isn’t just about surgery but that all aspects of treatment and recovery are integral parts of any orthopedic procedure and that’s where Svast comes in as the orthopedic billing experts.
Our expertise in Orthopedic medical billing includes but is not limited to
- Foot and Ankle surgery
- Hip and Knee Surgery
- Shoulder and Elbow Surgery
- Orthopedic Oncology
- Spine Surgery
- Hand Surgery
- Bone Health Centre
- Pediatric Orthopedic Surgery
- Sports Medicine and more…
Choose the right Orthopaedic medical coding code to apply
Error free Orthopedic medical coding and billing is critical for maximizing the reimbursements. Some of the treatment modalities could relate to codes such as 23333, 23334, 24160, 24165 sometimes get missed while billing.
Our coders have been trained in multiple code sets, and they’ve been through comprehensive training on the wide scope of services and procedures. It can be tough to stay on top of the latest coding guidelines and payer requirements. Our orthopedic medical coding specialists will code your claims precisely and with the greatest degree of care when you work with us.
Ensure Orthopedic billing and coding Procedures Accurately
When it comes to orthopaedic billing and coding, you need to keep several important things in mind if you want to bill as effectively as possible and minimize the chance of claim denials. Correct codes, accurate patient information, an understanding of the patient policy coverage and timely submission of claims – all are very important in the process.
Orthopedic billing and coding might require billing for several services such as x-rays, injections and physical therapy sessions. Eligibility verification and prior authorization is highly recommended as small errors could have a significant impact and lead to improper patient care, fraud and abuse fines.
Customized Reports and Analytics for Orthopedics Medical Billing
Customized Reports and Analytics for Orthopaedics Medical Billing provide you with a lot of insights into your practice, hence it is very important to get it right. We provide analytics through practice dashboard, denial analysis, account receivable analysis, waterfall analysis, payment forecasting, carrier collection analytics and more.
Our reports and analytics will help you improve efficiency, improve revenue or reduce cost. Faster, better, and more secure – that’s the promise of our custom reporting and analytics, and it’s the key to your success. While we focus on getting you the reports. You can focus on providing exceptional care for your patients.
Get experts on your EHR Systems
Orthopaedics is a specialized area of medicine that requires specific software to support the practice and electronic health record (EHR) software is now available to support your specialty. A central component of your orthopaedic practice’s success is the ability to analyze and visualize the data you collect.
This can help you improve patient adherence to treatment guidelines, operational efficiencies and clinical research. Tracking trends, identifying outliers and extracting meaningful signals to improve orthopedic practice performance — the possibilities are endless. Many uses generic software to manage operations but we have expertise in Orthopedics medical billing on Allscripts, eClinicalWorks, Advanced MD and multiple other EHR/PM systems.