As a healthcare provider, you understand the importance of accurate and efficient medical billing. However, even with the best intentions, mistakes can occur, leading to delayed or lost revenue, damaged patient relationships, and decreased productivity. At Adnare, we’ve identified the top 3 medical billing mistakes that healthcare providers like you face, and we’re here to help you avoid them.
Mistake #1: Inaccurate Coding and Charge Capture
Incorrect coding and charge capture can lead to denied claims, underpayment, and even audits. Common errors include:
- Using outdated or incorrect CPT and ICD-10 codes
- Failing to capture all billable services and procedures
- Inaccurate modifiers and billing units
Our Solution:
Our team of expert medical billers and coders ensure accurate coding and charge capture, using the latest guidelines and technology for example Adnare’s AI Denial Predictor & Claims Scrubber AITHOZ to minimize errors.
Mistake #2: Insufficient Patient Verification and Eligibility
Inadequate patient verification and eligibility checks can result in denied claims, delayed payments, and frustrated patients. Common errors include:
- Failing to verify patient demographics and insurance information
- Not checking patient eligibility and benefits
- Inaccurate or missing patient identification numbers
Our Solution:
Our medical billing services include thorough patient verification and eligibility checks, ensuring accurate information and minimizing errors, if have only 1% of doubt that the information provided is inaccurate, we verify it though the provided mediums and ensure that the claims are going clean.
Mistake #3: Poor Follow-up and Denial Management
Inadequate follow-up and denial management can lead to lost revenue, delayed payments, and decreased productivity. Common errors include:
- Failing to follow up on pending claims and denials
- Not addressing denial reasons and resubmitting claims
- Inefficient denial management processes
Our Solution:
Our team proactively follows up on pending claims and denials, addressing reasons for denial and resubmitting claims to ensure timely payment.
The first task our team does at the start of their day is, they wok on Denials/Rejections, if there is anything that cause denials and it’s written down in our processes (SOPs) then we add that, inform the team members so it doesn’t happen again.
We do the same with Denials and AR, the clients we are working with does not have AR in 60+.
Avoid These Mistakes with Adnare’s Expert Medical Billing Services
By outsourcing your medical billing to Adnare, you can avoid these common mistakes and enjoy:
- Improved revenue cycle management
- Increased efficiency and productivity
- Enhanced patient satisfaction
- Reduced errors and denials
Take the first step towards accurate and efficient medical billing. Contact us today to learn more about our medical billing services and how we can help you avoid these common mistakes.
Visit our website, reach out and our experts are always available to help.