Medical Billing Blogs

  Have you wondered what keeps your oncology practice thriving? Is it the perfect billing or the accurate coding? Well, the answer is both! However, if you analyze the core reasons why your oncology billing claims get denied, the answer would be inaccurate oncology coding! That’s why it is always better to be aware. Oncology coding is known as the bedrock for oncology specialty practices. In case the coding is inaccurate, you will for sure lose a lot of revenue from your practice. While oncology coding works on accurate codes, the revenue amount depends on the correct coding practices. Thereby, this indicates your move towards success. Moreover, as oncology drugs are extremely expensive, healthcare professionals can't afford to lose revenue just because of incorrect billing and coding. So, it's better to outsource your medical billing and coding practices or be aware of the different codes used for various purposes. Also, make sure to bill every procedure right from the...

With constantly changing medical billing industry standards and evolving new regulation and technologies, the approach towards medical billing system has been completely transformed. In recent years, oncology practices that did not have a proper medical billing system in place have fallen into pit holes of new medical billing procedures. It expects practices to go well with certain medical trends. Through this blog, we would like to highlight the reasons that affect oncology billing and how 24/7 Medical Billing Services can make it super light for oncology practices to handle effortlessly. #The ICD-10 coding The  ICD-10  codes came into existence tripling the number of codes along with replacing ICD-09, and it was classified as 71,924 procedural codes and 69,823 diagnosis codes. It becomes a necessity and stress for your in-house medical coders to learn all these codes and apply it properly during billing and submitting medical claims. Moreover, it may affect your staff’s regu...