3 Common Challenges with Neurology Billing | XyberMed
Medical billing in neurology can be challenging and time-consuming, often leading to obstacles. For example, more than half of neurologists report being overwhelmed with updates to neurology billing procedures and changes made in response to new patient requests. Because there are widespread misconceptions about insurance obligations, disputing a neurology physician’s bill is not uncommon. In addition, these patients often come from low-income families and may have a history of problems with billing for neurology services. Neurology billing companies can significantly increase payment amounts and expedite billing, but neurologists should be aware of the most common billing pitfalls.
Here are some of the most common problems neurologists face today when billing for neurology services
Filing Multiple Claims & Coding Errors
Depending on your neurology services, you may need to submit thousands of claims per week. Because some neurology billers do not have the technology to process multiple claims at once, this workload often requires submitting each claim individually. The lack of a bulk submission capability causes delays and significantly slows down the billing process in neurosurgery billing services.
And although computer-assisted coding (CAC) is replacing much of the coding, human coders still make up a significant portion of the workforce. As a result, errors such as typos often lead to claim rejections. These errors are more common in neurology coding in a changing regulatory environment. And Covid-19 has brought a new set of challenges to neurology coding that have resulted in significant changes.
Laws Regarding Confidentiality
Privacy is critical in medical billing and coding in neurology, and laws such as HIPPA have been enacted to protect personal health information. Unfortunately, compliance with these regulations requires significant time and effort.
HIPPA and most privacy laws, like all regulations, are subject to change. Therefore, medical billers and coders in neurology need to be familiar with these changes to avoid hefty penalties.
That’s why you need a professional medical billing and coding company to streamline your neurology medical billing if you’re having trouble with billing, collections, and administration. The expert team of neurology billing professionals will ensure that you get the fastest reimbursement possible while improving your practice’s performance.
High Training Requirements
An effective neurology medical coder must be familiar with important electronic systems such as EMR and EHR. These systems provide digital documentation of a patient’s medical records. EMR can only access data from a single provider, while EHR can access data from multiple providers. Some programs, such as Medicaid, require EHR before receiving funding.
Both EHR and EMR require extensive training. The effectiveness of third-party assistance is also limited by its efficiency.
Medical coders and billers in neurology must also renew their licenses every two years. This renewal can require extensive study, as changing regulations require re-learning of the latest updates.
Why Should Your Neurology and Neurosurgery Practice Outsource Medical Billing and Coding Services?
With as many as one-third of all Americans developing a brain or neurological disorder during their lifetime, your work as a neurologist is critical—and complex. Neurologists and neurosurgeons treat various conditions, from epilepsy and dementia to spinal injuries and cancer. Neurology medical billing and coding are both complicated and time-consuming tasks.
You need to gain an outsourcing neurology billing and coding company that can help you to maximize your revenue while streamlining your neurology practice. So what are you waiting for? Call the neurology billers and coders of XyberMed Medical Billing Services to deal with the common neurology billing challenges effectively.
Unlike other medical specialties, physicians in pulmonology billing services have great difficulty obtaining proper compensation for the services they provide to their clients and patients.
Most pulmonologists have difficulty collecting the right amount of insurance claims within the right amount of time, causing their medical practice to suffer greatly due to a lack of profit and better income.
To solve the problems related to the collection of insurance claims and get better reimbursement for the medical services from the patients, it is advisable to opt for Medical Billing and Coding services.
Now, pulmonologists can opt for medical billing and coding services for pulmonology so that they can easily get rid of the stress related to patient claims calculation and paperwork related to insurance claims payment.
To ease the process of payment collection and make medical practice more effective and efficient, trust only 1st Medical Billing.
1st Medical Billing’s easy and convenient to use Pulmonology Medical Billing and Coding services are one hundred percent error-free, gives accurate results, and is faster as well.