Cardiologists often lose a significant portion of their earnings daily due to billing errors. This is on top of the decline in health care fees, which have fallen by 2% year over year in cardiology. This expensive combination leads to an overall decrease in the profitability of cardiac studies.
The financial sustainability of your cardiac practice is directly linked to timely billing and reimbursement. Zee billing services have many years of experience in providing billing services in cardiology. Hiring a quality billing service is one of the most important decisions you’ll ever make regarding your practice’s business aspect.
Your cardiology billing company must have the skills to tackle the complexities of billing and cardiology modifiers. One must choose Zee Billing to have the financial peace of mind they deserve.
Why choose Zee Medical Billing for Cardiology Billing Service?
At Zee Billing Services, we provide comprehensive billing, study collection, and cardiology providers’ management services. We offer an initial assessment of your practice and accounts receivable and help you get started quickly because we are seriously interested in getting you paid! Some of the things our professional billing experts do include:
- We provide full management of account receivables.
- We perform 12-hour claims processing on your behalf.
- Your eligibility is checked system based.
- We conduct quarterly coding updates.
- We serve system-based claims scrubbing.
- Handling all billing calls on your behalf.
- Regularly conduct regular quality assurance checks.
- We hold weekly meetings to discuss progress and go over reports so that everything runs smoothly.
- We will provide you with customizable monthly reports.
What do we provide?
Our technologically advanced cardiac billing services will mitigate delays in claims, thereby improving your cash flow. You can rest assured that all your billing is processed correctly, and you won’t have to worry about checks or fines. Using the cardiology billing company – Zee Medical Billing, you will also reduce overhead and dependency on administrative staff while improving your revenue cycle.
Our certified encoders have years of experience with cardiologists and have the necessary knowledge to manage coding and billing processes to ensure payments and refunds are received on time. We have experience in various areas of cardiology, including:
- General clinical cardiology
- Interventional cardiology
- Nuclear cardiology
- Surgical cardiology
- Transplant cardiology
Our Expertise at Zee Medical Billing
We combine technology with years of medical billing experience to ensure that your claims are filed correctly and efficiently while providing a constant cash flow. Instead of focusing on the tedious task of compiling medical billing and cardiology patient records, spend time meeting the many needs of your patients.
Our billers and coders are experienced at:
- Codes and rules for complex cardiology billing
- Terminologies related to Cardiology
- Office and operative notes
- Surgical procedure coding
- Variations in codes related to multiple procedure rules
Complications Associated with Cardiology Billing Services
Difficulties start with planning and scheduling
A medical bill for a cardiac process begins at the scheduling stage when insurance coverage and payer requirements must be verified. Even details such as whether the admission was inpatient, outpatient, or emergency department must be correctly coded, or the application will be refused.
Complex procedures and treatments involve complex coding
Modifiers are an essential part of coding. These additional subcategories of numerical codes are required to give the details needed to be reimbursed for all services delivered. While inexperienced coders can look up the general principle for a procedure, they often do not know how many levels of modifiers they need to include or all the numerically-coded details that need to be added. Payers are trending towards more bundling of costs into single codes, which can simplify billing—but coders must recognize any variance from the standard bundled items and know-how to itemize to avoid over-and under-coding.
High dollar claims lead to huge losses
In family medicine practice, hundreds of patients can be seen every day, which leads to a vast number of low-cost requirements. Still, in cardiology, examinations and treatments are more in-depth and more laborious, so fewer patients are examined every day. If a doctor routinely examines 10-15 people a day, a loss of income due to one unpaid claim can result in a loss of up to 10% of daily revenue.
Zee Medical Billing Software
At Zee Medical Billing Services, we use state-of-the-art web-based medical billing software that can easily connect to your organization’s data. We can also work with your billing or practice management software. Our billing specialists have worked with most major billing systems, including Medisoft, Practice Admin, Lytec, Eclipse, AdvantX and others.
Cardiology Billing Services FAQs
Cardiology billing refers to the process of generating and submitting medical claims for services provided by cardiology practices or individual cardiologists. It involves coding procedures, diagnoses, and other relevant information to ensure proper reimbursement from insurance companies or patients.
Cardiology billing can be complex due to the evolving nature of billing rules and regulations, frequent updates to coding guidelines, and specific documentation requirements for cardiology procedures. Keeping up with these changes and ensuring accurate coding and billing can be challenging.
ZEE Medical Cardiology billing services offer several benefits, including accurate coding and documentation, timely claim submissions, increased revenue, reduced claim denials, improved compliance, and enhanced practice efficiency.
Medical billing software plays a crucial role in streamlining cardiology billing processes. It enables practices to manage patient demographics, track appointments, generate claims with accurate coding, submit claims electronically, and track their status. Additionally, billing software often includes features such as automated charge capture, claim scrubbing for errors, denial management, and reporting functionalities, which can significantly enhance efficiency and accuracy in cardiology billing.
Cardiology billing services employ experienced billers who specialize in cardiology coding. They possess in-depth knowledge of cardiology procedures, diagnostic tests, and reimbursement guidelines, ensuring accurate coding for various cardiac interventions.