Multi-specialty Medical Billing and Coding: An Ultimate Guide

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Multi-specialty Medical Billing and Coding Guide

In the changing world of healthcare, medical billing plays a major role in ensuring streamlined operations and increased revenue of healthcare practices. Healthcare providers are facing challenges in multi-specialty billing and coding. Bell MedEx has all-inclusive medical billing and coding solutions for different specialties. At Bell MedEx, we are more concerned about maintaining a high clean claim rate (98%) by providing affordable charges for multi-specialty medical billing and coding.

Medical Billing Specialties we served

Healthcare practices have multifaceted fields of specialties; physicians are serving different specialties to deliver care to every patient. However, medical billing and coding processes for these specialties are impossible to manage for healthcare providers . It can be done at the cost of patient care.

So, there is no need to bother about your medical billing specialty;  find the best-fit model for your healthcare practice. Bell MedEx has a large-scale list of medical billing and coding specialties.

Orthopedics

Our Orthopedics billing service at Bell MedEx handles everything from coding surgical procedures to processing claims, ensuring a seamless billing process.

Chiropractor

We offer expert Chiropractor billing in healthcare, dealing with the complexities of insurance and coding procedures.

Endocrinology

Our EHR solutions for Endocrinology enhance productivity and ensure correct billing for all endocrine-related procedures and treatments, and the list goes on.

General Practice

Our medical practice management software aids in streamlining all administrative aspects of your general practice, including billing.

Laboratory Billing

We offer Laboratory practice management solutions, ensuring precise billing for lab services.

Oral and Maxillofacial Surgery

Our practice management solutions are tailored to the specific needs of oral and maxillofacial surgery, ensuring accurate billing and timely reimbursements.

Family Medicine

We streamline your revenue cycle management, handling all aspects from patient registration to payment collection.

Anesthesia

Our Anesthesia medical records management services provide accurate billing for anesthetic procedures.

Pediatrics

With our Pediatrics billing and coding services, we manage everything from well-child visits to complex procedures, ensuring accurate billing.

Whether you need billing services for Vascular Surgery, Telemedicine, Speech Therapy, Psychiatry, Radiology, Plastic Surgery, Physiotherapy, Pathology, Emergency Medicine, Pain Management, Ophthalmology, Gastroenterology, Oncology, Neurology, Neonatology, Mental Health, Infectious Disease, Hepatology, Hematology, Geriatrics, ENT, Otolaryngology, Dentistry, or Physical Therapy, Bell MedEx has got you covered with customized solutions.

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Break free from the challenges that are holding you back

With various services, Healthcare practices encounter unique hurdles in medical billing. Our expertise and knowledge in multi-specialty medical billing and coding keep you from all these challenges that prick healthcare practices. Get quick insight into all these challenges.

Challenges of Multi-specialty Medical Billing

Challenges of Multi-specialty Medical Billing

Diversity in Billing Codes

In multi-specialty practices, the range of billing codes expands significantly. Each medical specialty has unique billing or Current Procedural Terminology (CPT) codes. For example, a cardiologist’s code would differ from an orthopedic surgeon’s. Keeping track of these diverse codes and using them accurately can be challenging.

Varied Payer Rules

Insurance providers often have distinct rules and reimbursement rates for different specialties. It means that the reimbursement for a cardiology procedure might differ significantly from a dermatology procedure, even if both services were provided within the same practice. Understanding each insurance company’s policies and keeping up-to-date with frequent changes can be demanding.

Higher Scope for Errors

Given the sheer volume of billing and the complexity associated with numerous billing codes and varied payer rules, multi-specialty practices face a higher risk of errors. Even small mistakes in code entries or insurance details can result in claim denials or underpayments, disrupting the practice’s cash flow.

Managing Patient Expectations

Patients often choose multi-specialty practices to conveniently receive a range of services in one location. They might expect a single, consolidated bill rather than multiple bills for each specialty. Meeting this expectation while ensuring the accurate division of charges across various departments can be a challenging endeavor.

Compliance with Multiple Regulations

Each medical specialty may be subject to specific federal and state regulations, especially in billing and documentation. Ensuring compliance with the diverse rules of multiple specialties adds another layer of complexity to the billing process.

We Help You to Get Out From Challenges

Put back all these challenges that your healthcare facility faces. Because we understand all these complexities of diverse billing codes and payer rules across multiple specialties demands with expertise and dedication.

Our Multispecialty Billing and Coding Experts have Understanding of:

  • Medical billing and coding Audits for multi specialties 
  • Complex rules and regulations of multispecialty billing and coding 
  • Advanced EHR and PMS software 
  • Strong Understanding of ICD, CPT , HCPCS codes 
  • Operative insurance collection methods 
  • Physician Credentialing 
  • Proper claim submission and claim scrubbing
  • Denial Management strategies  
  • Concise and clear Documentation
  • Easily understand interface with ADT, charge capture and other systems

Maximize reimbursement with us 

Our revenue cycle management (RCM) workflow for multi-specialty healthcare practices is frequent, from patient insurance verification to reporting. We pay attention to detail in every step and ensure healthcare providers get paid for every claim.

How does our RCM work?

How does our RCM work
  • Accessing the appointment screen in the Practice Management System/EHR
  • Running Insurance Eligibility Checks for booked appointments
  • Completion of encounter sheet/superbill by the provider
  • Scanning paper superbill and Patient’s Insurance Cards to secure portal or Practice Management System
  • Reviewing scanned documents and updating Patient Demographics in billing software
  • Rechecking insurance information and communicating any issues to the office
  • Comparing appointments with received superbills/encounters
  • Communicating any discrepancies to the office
  • Entering charges in the billing system
  • Scrubbing claims for CCI edits, MUE edits, and other issues using in-house scrubbing engine
  • Sending claims to Clearing-house 
  • Working on any reports received back immediately
  • Signing up practices for ERA and EFT
  • Posting all EOB/ERA and working on denials or low payments immediately
  • Analyzing denials and taking corrective steps
  • Resubmitting claims or calling insurance for reprocessing
  • Reviewing all claims sent 30 days prior (T-30)
  • Ensuring no claims are left behind
  • Providing practices with necessary reports and KPIs

100% HIPAA Compliant Multi-specialty Billing Services

We are here to incorporate HIPAA compliance in multi-specialty medical billing and coding. We ensure privacy and security in PHI by:

  • Encrypt Electronic  patient health information (e-PHI)
  • Accessibility limitations on PHI 
  • Secure Platform (IP and Geo-based login) and 2F authentication
  • Regular review and stay updated on  policies 
  • Apply a secure data backup strategies

Multi-Specialty Billing and Coding Partner 

Bell MedEx is more concerned about taking off administrative burdens from healthcare practices. Get more information about our specialties. Our experts look forward to collaborating with your multi-specialty healthcare practices. We encourage our clients to collaborate with our team of experts.