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Results-Driven Neurology Medical Billing Services
< 30
Days in AR
10-15%
Revenue Increase
97%
First Pass Ratio
96%
Collection Ratios
98%
Clean Claims Rate
Neurology Billing Services We Offer
Just like a synapse that connects neurons, we connect you to faster reimbursements. The billing process for neurology is inherently complicated. Medicare cuts, compliance issues, documentation requirements, and coding updates! Neurologists face unique billing and coding challenges and find it difficult to get first-time approvals for complex disorders.
MediBillMD helps you avoid these problems. Our neurology billing and coding team maintains a steady stream of cash flow. We closely work with your practice to identify core problems and customize our plans, especially for you. We address every issue in your revenue cycle that can delay or lower your income, from eligibility verification and pre-authorization to coding and timely submission. You can also choose our neurology medical billing services for smooth operations.
Common Neurology Billing & Coding Challenges
Are you keeping up with the high patient safety standards and coding updates? Like many specialties, regulatory compliance is essential in Neurology. However, neurologists often get overwhelmed with administrative burdens and overlook important details, like payer-specific guidelines for medical billing. As a result, they face frequent denials, payment delays, and underpayments.
Due to neurology's challenging and evolving nature, its billing process is also quite complicated. Even a tiny mistake when billing for CT scans, MRIs, and pain relief injections can result in claim rejection. Most neurology practices lose revenue because their staff does not know how to manage changing requirements. So, what common neurology billing and coding challenges is your practice struggling with? Is it coding, documentation, or timely claim submission?
Additional Workload of Step-Therapy
This is the most frustrating part of neurology medical billing. Insurance companies impose step therapy, a type of pre-authorization requirement, to control the cost and risks of drugs. They require healthcare providers to prescribe less expensive medication before a more suitable one. This protocol increases administrative workload and delays patient treatment.
Changing Payer Policies
Ever-changing payer policies are another source of headaches. For instance, CMS' recent physician fee schedule (PFS) has introduced more reductions, making it difficult for many neurologists, especially solo practitioners, to maintain financial stability. Poor neurology medical billing practices can result in even more losses.
Pre-Authorization Requirements
Obtaining prior approvals is another leading challenge in neurology. Due to the highly specialized nature of this specialty, insurance companies require healthcare providers to obtain pre-authorization for costly and complex procedures like MRI, CT scans, and long-term pain management. This tedious process often delays patient care.
Documentation Complexities
Incomplete documentation is another primary reason for claim denials. Insurance companies require detailed documentation to evaluate the medical necessity. This means using specific terminology to describe complex procedures and providing every detail about the patient, including current condition and past medical history.
Outsource Neurology Billing Services to MediBillMD
Looking for an affordable yet profitable solution? Outsource neurology billing services to MediBillMD! We understand how hectic it is to manage billing between consultations, emergencies, and surgeries. On top of that, changing billing guidelines and significant ICD-10, CPT, and HCPCS coding updates create more problems.
MediBillMD frees you from your unending neurology medical billing tasks! Our experienced billers and coders efficiently handle your entire revenue cycle, from insurance verification to A/R follow-up and payment posting. We adopt your mission as our own and proactively resolve your billing inefficiencies, including coding mistakes, prior approvals, and incomplete documentation. Cost-effectiveness, compliance, and coding accuracy are just some of the reasons our neurology billing and coding services are the best in the market.
Minimize improper coding and non-compliance risks! At MediBillMD, we always focus on staying ahead of every change or update. Our coders and billers remain vigilant and quickly adapt to coding and regulatory changes to maintain a 98% clean claim rate.
Manage complex step-therapy documentation efficiently! At MediBillMD, we help you resolve recurring billing problems efficiently. Our neurology billing and coding experts address complex issues like step-therapy restrictions, pre-authorization, and coding requirements.
Free yourself from mundane tasks! At MediBillMD, we understand that the billing requirements are endless. Our specialists handle all your non-clinical tasks, including insurance verification, claim submission, and denial management, to help you focus more on patient interactions.
Improve your claim processing and net collections! At MediBillMD, we have the knowledge and tools to manage the pre-authorization process more quickly. Our experts verify insurance coverage, identify costly and complicated procedures, and gather required documentation to speed up the process.
Our neurology billing network is nationwide! At MediBillMD, we provide a wholesome customer experience to neurology practices across all 50 states. Our experts diligently identify and rectify all your billing problems, including coding inaccuracies, incomplete documentation, or pre-authorization delays. So, whether you run a general neurology practice in Massachusetts or a pain management clinic in California, contact us for customized neurology medical billing services.
Overcome Neurology Billing Challenges with MediBillMD
Crack the code to success! Choose MediBillMD for your neurology billing to reduce claim denials. Our dedicated billing team helps you avoid billing mistakes before they become unresolved claims. Here is how we overcome the most common neurology billing and coding errors.
| Neurology Billing & Coding Challenges | MediBillMD Solution | |
|---|---|---|
| Bundled Services (e.g., filing a separate claim for 95885 when it was performed on the same day as an NCV test) |
Our specialists are familiar with the bundled service requirements and CPT codes. Moreover, we use appropriate modifiers to report distinct services. | |
| Coding Errors (e.g., using CPT code 95886 instead of 95887 for needle electromyography on a non-extremity or using incorrect diagnostic codes) |
We specialize in neurology-specific coding. Our coders are AAPC-certified and keep up with the annual coding updates. | |
| Pre-Authorization Complications (e.g., insurance companies denying claims for MRIs or CT scans due to missing prior approvals) |
We verify both insurance coverage and payer-specific requirements to handle pre-authorization more efficiently. | |
| Incomplete Documentation (e.g., missing medical details, like tests, current condition, and symptoms, to justify the medical necessity of costly procedures) |
We follow a standard documentation format. Our team maintains complete documentation and ensures accuracy. | |
| Overwhelming Workload | We take over every non-clinical task and offer comprehensive billing solutions so you can focus more on your patients. | |
Lowest Prices Guaranteed
Where else are you going to find such affordable plans? At MediBillMD, we believe in providing simple yet affordable billing solutions for your complex problems. Get our neurology billing services at some of the lowest industry rates.
Get in Touch with a
Neurology Billing Expert
Frustrated with pre-authorization delays for complex neurology procedures? Contact our neurology billing experts today to book a free consultation. Let us help you overcome these complications!
