Today the use of infusion services has been very common, especially when the patient’s condition is severe and can’t be cured through oral medication like dehydration, congestive heart failure, gastrointestinal disorder and many more. Furthermore, with the growth of the aging population, the uses of infusion services are further rising.
Yet, even with such a huge demand in the infusion services, problems like lack of skilled and experienced billers, misguided use of infusion service in the authorization process as well as coding errors are few of the common problem that infusion billing services struggle with every day.
Moreover, being a complicated process, having specialized in-house billers resolving all the infusion billing service is quite an expensive affair, which is why today most of the healthcare providers are opting for outsourcing their infusion services.
How outsourcing your infusion service is valuable for your practice?
Helping you with specific procedure codes that are used to describe the different types of infusion services available correctly, outsourcing your infusion services also helps in reduction in the operational cost. Providing and maintaining the correct and complete documentation outsourcing RCM organization secures faster reimbursements.
Moreover, today there is outsourcing operational extension with a complete HIPAA compliance assure better evaluation of revenue cycle along with a 99.9% accuracy rate in its complex billing and coding process. Reducing your rate of denial and rejection of claims, outsourcing organization also offers the highest productivity metrics in the market. Providing no cost dedicated account manager and billers reducing the resolving time for denials with 24-48 hr turnaround time operational extension also focuses on continuous follow-up closing all billing gaps faster and efficiently. With complete operational transparency along with robust reporting, the reliable operational extension also assists in reducing the AR bucket.
In fact, today there is outsourcing an organization that has 100s of excellent industry references and billion dollars client references and even $1/$2 million Hiscox/Geico Insurance coverage for any errors of Omission & commission bearing all the costs of transition during your migration from the old vendor as well.