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Streamline Your Vascular Practice with Expert Billing and Coding Services
Navigating complex vascular medical billing and coding can be a daunting task. With ever-changing regulations and intricate coding systems, it’s easy to fall behind and lose valuable revenue.
That’s where Outsource Strategies International (OSI) comes in. We offer comprehensive vascular medical billing and coding services designed to maximize your reimbursements and minimize your administrative burden.
Maximize Revenue with Superior Vascular RCM Services
Vascular billing and coding includes the use of CPT and ICD-10 codes for non-invasive vascular studies, vascular injection procedures, endovascular procedures, open vascular surgery, and other vascular services. We will work as an extension of your practice to deliver expert billing and coding support that helps you get paid accurately and faster.
Insurance Verification
Confirmation of demographics and Medicare, Medicaid and commercial coverage, plan provisions, benefits, deductibles, and referral requirements, before the office visit.
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Prior Authorization
Vascular involves costly procedures that require pre-approval from payers. We submit and obtain prior authorizations in a timely manner to prevent delays in care
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Charge Capture
Capturing the full value of every procedure performed to ensure accurate coding and invoicing This is crucial for correct coding to maximize financial performance
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Precise Coding
Assigning correct vascular diagnosis and procedure codes to demonstrate patient acuity, driving accurate claim submission the first time.
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AR Management
Eliminating AR and recovering your revenue. Our team specializes in claim denials and maximizes reimbursements.
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Reporting and Analysis
By providing a clear picture of your practice’s financial performance with our customizable reports, our support can drive better decision-making.
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Why Choose Our Vascular Medical Billing Company
- Dedicated manager on your project
- HIPAA compliance
- Regular QA checks
- Customized TAT
- No long-term yearly contracts
- No initial costs or hidden fees
- Savings of 30% to 40%
- Daily, monthly and weekly reports
Leverage Vascular Coding Expertise
Like other highly specialized services, vascular is especially challenging to translate into accurate reimbursement codes. Under-coding can occur due to factors such as:
Variation in presentation, pathology, and procedure strategy
Inherent anatomical complexity
Frequent changes to coding structure
With requisite knowledge of coding guidelines, our skilled team of certified coders appropriately captures all the procedure details with billing codes that are compliant with the latest payer regulations and guidelines.
Choosing our medical coding services comes with the following benefits:
- AAPC-certified coders specialized in ICD-10, CPT and HCPCS coding
- Experts updated on AMA and CMS coding guidelines
- Strong quality assurance to minimize errors
- Compliance with payer and industry regulations
- Advanced software for faster, accurate coding
- Seamless integration with your EHR system
- Real-time reports to track practice performance
- Robust data security for patient information protection
We serve all 50 states
Our Medical Billing and Coding Process
Here are the steps in our medical billing and coding process for vascular practices:
1
Patient Information Collection
Payment Posting
5
2
Accurate
Coding
Coding
Patient Billing
6
3
Claim Preparation & Submission
Reporting & Analytics
7
4
Payer
Follow-Up
Follow-Up
Compliance Audits
8
1
Patient Information Collection
2
Accurate Coding
3
Claim Preparation & Submission
4
Payer Follow-Up
5
Payment Posting
6
Patient Billing
7
Reporting & Analytics
8
Compliance Audits
We analyze billing and coding processes for efficiency improvements and error reduction.
Flexible Pricing Options
Reduce administrative hassles and welcome efficiency with our skilled team supporting you. Choose from our flexible pricing plans based on your needs.
Full-Time Equivalent
In this model, services are billed based on the equivalent cost of a full-time employee (FTE) for a specified duration, usually monthly or annually.
Per Verification Billing
Like an FTE model, a person is dedicated to your practice. Perfect for a practice that is busy. They work as an extension to your business.
FTE/Per Verification Billing
This option is ideal for a practice that is unsure about their work requirements. This can have per request pricing for eligibility and other functions.
AR is only FTE
At present, we provide only the FTE pricing model for Accounts Receivable (AR). We are also considering a blended model for AR.
FAQs
How do you ensure coding accuracy?
We employ certified coders with expertise in vascular coding, use advanced software, and perform regular quality checks to minimize errors and ensure accurate coding.
Can you integrate your services with our EHR system?
Yes, our billing and coding services seamlessly integrate with most Electronic Health Record (EHR) systems to ensure a smooth workflow and accurate data transfer.
How do you handle denied or rejected claims?
We actively monitor the status of claims and promptly address any denials or rejections. Our team resubmits corrected claims to ensure timely reimbursement.
What measures do you take to protect patient data?
We are HIPAA compliant and implement strict data security protocols, including encryption and access controls, to protect sensitive patient information.
How often do you provide reports on billing performance?
We offer real-time reporting and regular performance reviews to keep you informed about your practice’s financial health and identify areas for improvement.
What is the turnaround time for claim submission?
We strive to submit claims as quickly as possible, typically within 24-48 hours of receiving complete documentation.
Can you help with patient billing and collections?
Yes, we handle patient billing by sending out statements and managing collections, ensuring a smooth process for both the practice and the patient.
What support is available if I have questions or issues?
We offer dedicated support through phone and email to assist with any questions or concerns you may have regarding our billing and coding services.