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Follow on Google News | Why An Orthopedic Practice Needs A Medical Billing ServiceBy: Medical Billing Solutions More than 25% of medical claims billed for all specialties are rejected and at least 15% will never be resubmitted. For orthopedic surgery claims, more than 35% are adjudicated inaccurately by commercial insurers. With the vast amount of claims submitted annually, it's estimated that more than $65 billion in revenue remains uncollected by providers providing healthcare services. Medical Billing Services, Orthopedic SurgeryOrthopedic billing is complex and includes a broader range of procedures and services in comparison with most medical specialties. Payor specific laws and regulations, coupled with complicated billing codes, frequently leave numerous practices under compensated for the services they are providing to patients. Whether billing and coding for orthopedic implants and payor specific coverage policies, to guidelines surrounding arthroscopies and reconstruction, our staff of professional and certified medical billing specialists are knowledgeable in the use of all CPT, ICD-9, and post-operative modifiers unique to orthopedic billing. Medical Billing Solutions, Inc. provides medical billing services to specialists nationwide. Our team of certified coders and medical billing specialists work together with you and your practice to help recognize troublesome areas including the appropriate use of modifiers, and coach your practice on the very best in class billing methods & procedures. Medical Billing Solutions, Inc. will handle every aspect of your practice, make certain you collect appropriate payment for services provided. For more information on MBS Orthopedic medical billing services request a complimentary demo or contact us for more information. End
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