Physicians, Heal Thy Billing Systems

MedCity News November 23, 2022
Meade Monger

Practices don’t need to lose out on uncollected payments from insurers. Here are steps you can take to better manage coding, tracking, communications and rise above byzantine insurance practices.

Doctors need to do wellness checks of their own businesses. They’re likely missing out on money that health insurers owe them.

Medical billing has become so complicated that physicians are forgoing millions of dollars of earned payments. With some 70,000 ICD-10 codes used to identify patient illnesses and injuries, and another 7,000 or so CPT codes to cover medical services and procedures just for outpatient services, along with other requirements to process a bill, it’s increasingly difficult to ensure a bill is accepted and reimbursed in a timely manner. Those delays...

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