Tips to Improve Your Practice Collections

Medical billing and coding require an in-depth understanding of billing terminologies, state-specific billing and coding guidelines, insurance carrier reimbursement policies, medical specialty-wise insurance coverage, and many others. Solo providers or small practice owners try to submit medical claims on their own. This might lead to inaccurate use of codes, more rejected claims, increased accounts receivables (AR), over/under coding, and chances of external payer audit.