Benefits of Outsourcing Urgent Care Billing Services
Urgent Care is one of the pivotal solutions that providers need to facilitate especially to patients who need immediate care within a span of 24 hours. It is predominantly outpatient service that evidently does not appear to life-threatening but lingering treatment can be catastrophic.
Medical supervision with comprehensive attention to details is a must while rendering Urgent Care. Hence, it is well understood that real—time backend work concerning verification, billing as well as receivables has to adhere simultaneously with treatment.
♦ One of the challenges that are faced by Urgent Care centers is maintaining the harmony with a patient-focused mindset & consequent strategy for securing the reimbursements. It is a well-known fact that insurance companies that act as the custodian of the patients receiving the right form of treatment will deny any submission that does not comply with their claims adjudication process.
♦While you make every possible effort with your in-house team to address the immediate care management with effective billing, it often leaves a lot to be desired.
Some of the key advantages of outsourcing Urgent Care billing services are :
Comprehensive verification process : Your outsourcing partner must be well-aware of the insurance eligibility verification needs in urgent care billing process & will have the necessary skill-set with best in class infrastructure that allows them to find details from the payors promptly while you can focus on providing treatment.
Optimized medical coding : The advent of ICD-10 standards makes it inevitable for your practice to have coders who possess the necessary specializations required for E&M coding and follow the correct procedural, service as well as diagnosis codes that will give consistency to your medical billing process in all attributes. Coding, in fact, is one of the cornerstones of urgent Care coding & billing that facilitates easy payment.
Best in class accounts receivable : The robust A/R follow up efforts of your vendor will help you get quick collections from your accounts with a streamlined process that is aligned to a perfect billing model. They will also look to eliminate any errors in the process with their consultative aptitude that gives you transparency in your business finances.
At the end, it can be safely concluded that outsourcing will help you get your priorities with patient-care in place with ROI from your services & deliverables in a comprehensive manner.