Cardiology Billing Services

Is your in-house billing team struggling to adhere to the precise cardiology code ranges and billing guidelines? The lack of alignment will result in claims documentation errors and delayed reimbursements. You need experts to handle your cardiology practice’s complex medical billing procedures. Our HIPAA-compliant cardiology billing services streamline your revenue cycle and ensure timely payments for your services.

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How We Streamline Cardiology Billing For Your Practice

Our certified coders (CPC) and billers (CPB) are experts in navigating the complexities of cardiology medical billing practices. They stay current on coding guidelines and modifiers to ensure accurate claims submissions across a range of cardiology-related services. Our cardiology billing services encompass a wide range of procedures, including ECGs, echocardiograms, stress tests, holter monitoring, and more. We handle everything, from initial coding to claims submission and follow-up, allowing you to focus on patient care. Here are the steps we follow to achieve it:

  • Implement cardiology-specific billing software that includes features such as automatic calculation of reimbursement rates and codes for cardiology procedures.
  • Leverage billing support systems such as electronic data interchange (EDI), electronic medical records (EMR), electronic health records (EHR), and others to facilitate electronic submission of claims and electronic payment processing.
  • Gather comprehensive patient demographics, medical history, and physician referral information, along with complete insurance payer details, including coverage type, prior authorization status, effective date, expiration date, and claims address, to create accurate claims documentation.
  • Tackle the entire spectrum of billing models, from value-based care and telemedicine to capitation and episode-of-care billing.
  • Ensure billing workflows are up to date and compliant with AAPC-specified cardiovascular 92920 to 93793 CPT code range, ICD-10 codebook, HCPCS codes, NCCI, and relevant modifiers to capture specific diagnostic tests, evaluation, and management (E/M) service, etc.
  • Assign accurate codes for billing and claims submission for various cardiology procedures encompassing diagnostic testing, interventional procedures, electrophysiology (such as polypectomy, EMR, ESD), cardiac rehabilitation, peripheral vascular interventions, angioplasty, implantable cardioverter defibrillator (ICD) placement, pacemaker implantation, cardiac catheterization, etc.
  • Stay updated with the diverse payer regulations and fee schedules for Medicare, Medicaid, private insurers like AthenaHealth and Aetna, managed care plans, Tricare, Veterans Health Administration benefits, and employee health coverage.
  • Appoint a dedicated claims status specialist to address patient inquiries and liaise with payers, ensuring timely claims adjudication.
  • Receive EOB from payers to verify the claimed services and causes for claims denials. Also, we resolve discrepancies or disputes and proceed to the appeals process if necessary.
  • Generate comprehensive reports stating out-of-pocket expenses, deductibles, copayments, and coinsurance for each patient and inform them about their payment responsibilities. This helps our clients prevent unpaid bills, resulting in a revenue boost.

    Our Comprehensive Cardiology Billing Services

    Denial Management ServicesAccounts Receivable ServicesPayment Posting ServicesInsurance verification and eligibilityCardiology coding and documentation reviewClaims submission and follow-upDenial management and appealsAccounts receivable managementPayment posting and reconciliationPatient billing and collectionsCredentialing and provider enrollmentCompliance and regulatory supportReporting and analytics

    The Invensis Advantage for Revenue Cycle Management Services

    As an HIPAA-compliant outsourced revenue cycle management company, we have over 24 years of experience delivering healthcare revenue cycle management services to US-based health care practices. We have helped our clients adopt best practices, including prioritizing patient care, investing in advanced technology, collecting patient payments upfront, ensuring accurate charge capture, and timely claims filing. Over the years, we have seamlessly integrated people, processes, and technology to adapt to evolving legislation and industry needs. As a result, our RCM management services have helped our clients to eliminate waste, enhance efficiency, and receive comprehensive, value-based support. Our expertise has led to significant success for our clients, including a 20% reduction in claim denials and a 30% increase in collection rates. Outsource revenue cycle management services to us and reap the maximum benefits of back office support services.

    Days in AR
    -45
    Clean Claim Rate (CCR)
    %
    Denial Benchmark
    %
    Net Collection Rate (NCR)
    %
    Contact Information

    You can reach us at:

    D 45 Shyam Vihar Phase 1 Najafgarh New Delhi- 110043
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