Using a Healthcare Coding Company to Improve Profits

by | Aug 16, 2022 | Healthcare

Outsourcing parts of your revenue cycle to a healthcare coding company is a great way to increase the profitability of your practice. Errors in medical coding can lead to delays or denials by insurance companies. To keep errors low, you must invest in specialized training for your employees and ensure you have enough staff to keep up with billing without being rushed or distracted. By outsourcing the coding, you can let someone else handle these issues.

What to Look for in a Healthcare Coding Company

The first quality check you should look for when outsourcing medical coding is that individuals doing the work are certified. Ask if the coding staff have RHIA, CCS, RHIT, or CPC certification and move along if the answer is no.

You also want to be sure the outsourcing company has a policy in place to find and correct errors before the work leaves their facility. While returning work promptly is important, it should not be given more weight than accuracy. You should also check that the company you work with has experience with the version of electronic health records you currently use.

If you’re happy keeping your coding in-house but are curious if there is room for improvement, consider implementing a coding audit. This is a process that allows you to get an idea of the quality of work being completed on-site. If there are problems with the results, either due to coding errors by the staff or poor documentation by healthcare providers, an outside firm can help there as well. They can support best practices to get your facility back on track.

If you are interested in outsourcing your medical coding or just want a quality check, get in touch with GeBBS Healthcare Solutions. As a leading healthcare company, they have the experience and staff to ensure your work is done quickly and correctly.

Visit https://gebbs.com/news/milind-godbole-redefining-leadership-philosophy-in-the-healthcare-industry/ to know more.

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