Enhance revenue collection with specialized radiation oncology billing services

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Enhance Revenue Collection with Specialized
Radiation Oncology Billing Services
Medical billing and collection process has become extremely daunting over the years.
Whether you have an in-house billing department or you plan on outsourcing, it is
extremely important to collect the payment due at patient visits. Similar to other
specialties, even radiation oncology practices need to have a team of engaged,
professional coders and billers who can enhance their revenue collection.
Considering the complexities involved in reimbursement for radiation oncologists, legal
compliance, accuracy and quality control plays an important role. Level of efficiency
required for getting paid on time always exceeds the level of precision required for

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quality patient care. Rather than transferring payment collection to an agency which can
damage the reputation of a medical practice, radiation oncologists can outsource the
collection process to a third party.
Benefits associated with outsourcing revenue collection process:
 The time consuming process of handling coding, radiation oncology billing and
regulations surrounding collections will be handled by a team of professionals
who are trained for collections and revenue generation. They will also offer
accuracy in timely claim submission and HIPAA compliance
 An expert radiation oncology billing team will ensure that your AR days are
reduced dramatically, giving you access to the funds your practice needs

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 As the daunting task of collections and billing will be handled by an outsourced
team, your radiation oncology practice staff will get sufficient time to
concentrate on offering quality patient care. You will also get time to identify
areas that need correction rather than worrying about financial aspects of
collecting an unpaid bill
 By outsourcing collections, you will be able to save on human resources and
time. The team at medical billing companies is well-trained in patient interaction,
collections, coding, billing and provision of support required by providers.
Compared to your in-house staff, a billing company will take less time in
collecting payment from your patients with the help of experience and industry
knowledge

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 Valuable time of your staff will be saved which will save you money and
eliminate your headache of hiring, training, implementation of electronic health
records, HIPAA compliance and so on
Not just collections but radiation oncologists can also outsource their billing and coding
requirements to a third party as they have the necessary resources for helping this
specialty meet various challenges. From proper analysis of claims, assigning of proper
codes to quality medical coding services and follow-ups on rejected and old claims,
outsourcing can play an important role in ending the financial woes of radio oncologists.
Medicalbillersandcoders.com is the largest consortium of billers and coders, helping
practices, including radiation oncologists get paid on time without worrying about the
daunting task of claim filing, follow-up with insurance companies, coding complexities,
HIPAA and compliance to other reforms.

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MBC has a team of certified and experienced billers and coders who have been helping
radiation oncology practices across 50 states in the US sail through challenges related to
collections. The team works with the aim to maximize reimbursements and minimize
claim denials for practices.
Related Posts:
 How Can Outsourcing Solve Medical Billing and Reimbursement
Challenges for Physicians in 2014?

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 How can outsourcing help you Deal with Shortage of Trained
Medical Billers and Coders?
 Eliminate the Burden of Medical Billing and HIPAA Regulations with
a Billing Company
 Is Your Practice Prepared to Balance Medical Billing and Patient
Influx in 2014?

Enhance revenue collection with specialized radiation oncology billing services

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Enhance revenue collection with specialized radiation oncology billing services