Pathology Billing Services
The ClaimCare Medical Billing Company has significant experience and expertise in pathology billing that can generate a major increase in collections for pathologists. Medical billers and medical billing services are the financial backbone for pathologists. Physicians that do not have the right medical billing expertise in their corner can easily lose more than 20 percent of their potential revenue.
Outsourcing medical billing is growing in popularity as a method for addressing this remarkable loss of income. The range of outsourcing options runs from exceedingly large organizations to individual freelancers working from home to provide medical billing services.
In thinking through the billing options available, it is essential to understand that medical billing is complicated and requires deep expertise and expansive experience. When a specialty is involved, such as pathology, the requirements for medical billing success become even harder to obtain. Success requires that the medical billing company have a team that is knowledgeable in the complex rules utilized by insurance companies to judge pathology medical claims.
With pathologists facing ever increasing costs they must insure that money is not being left on the table because they have a billing company that is not a pathology billing expert. Pathologists must also be aware that that many billing companies that claim pathology billing expertise actually outsource their cardiology billing work to at home billers. Situations like this are fraught with risk since the remote workers are not working in a controlled and monitored environment.
One of the major drawbacks of hiring a medical billing company that does not specialize in pathology billing is their lack of familiarity with the codes and the terminologies used. Even if the medical billing company serves one or two pathologists, they will lack the depth and breadth of expertise required for successful pathology billing. Moreover if the hired company does not specialize in billing for pathologists, then they will not have the expertise to effectively appeal denied claims or answer questions raised by the insurance companies.
A company that does not encompass a wide range of pathology billing experience will find it difficult to track underpayments. In addition, the billing software and system design of many billing companies will often be insufficient for the more complicated requirements of reporting and insurance follow-up required in billing for pathologists.
The safest way for a pathologist to navigate the medical billing land mines outlined above is to travel the pathology billing battlefield with a medical billing service like ClaimCare that has deep and proven expertise in traversing the pathology billing hazards.
To learn more about how ClaimCare Medical Billing Services can help you please fill out the form to the left or contact a local ClaimCare office.