Comprehensive End-to-End Revenue Cycle Management Services Medical Coding, Billing, Payment Reconciliation and Accounts Receivable services
Medical Coding Services
The global medical coding market is expected to grow from $14.33 billion in 2021 to $15.85 billion in 2022 at a compound annual growth rate (CAGR) of 10.61%. The medical coding market is expected to reach $23.73 billion in 2026 at a CAGR of 10.62%. (Global Market Report)
Medical coding is an important process of Revenue Cycle, where a Medical Coder reviews all the clinical documentation, physicians’ medical transcripts, and EMR records so that appropriate ICD 10 and CPT, HCPCS codes can be selected for billing a claim. The payments or reimbursement that a Healthcare system receives directly depends upon choosing the accurate codes for the services rendered to the patients..
Are you experiencing under payment or over payment issues due to upcoding or down coding of your clinical documentation in your practice. We understand that Medical coding is a convoluted and challenging task with the industry drift and dynamic changes of medical codes every year are revised and updated.
Leverage ASP-RCM coding and Auditing services to Optimize your revenue cycle compliance and accurate reimbursement. Our medical coder has a best practice to follow a golden rule to never code a bill if there is no medical documentation to justify or support it.
ASP-RCM Medical Coding services includes,
- Compliance on ICD-10-PM, CPT, HCPCS coding, and ICD-10-PCS coding
- Chart Audits and Code Reviews
- HCC coding
- Improve clinical documentation at a Health System level
- Consistent and reliable reporting of clinical data
- Payer specific coding requirements
ASP-RCM Certified Coders perform medical coding for specialties includes,
Cardiology
Pathology
Radiology I/R
Orthopedics
Ophthalmology
Internal Medicine
Psychiatry
Podiatry
Gynecology
Family Practice
Mental Health
Emergency Room
Pulmonary
Intensive Care
Key tasks performed by our Certified medical coder are
· Capturing patient information from clinical documents and records, ensuring the age and gender accurate with documentation
· Verifying the documentation from Providers, Healthcare Systems, and other healthcare professionals as per the coding guidelines
· Adapting payer policy guidelines on medical documentation ensuring that the claim not being denied
· Choosing the appropriate ICD 10 and any crosswalk assistant for ICD9 and assigning codes CPT and HCPCS coding accurately
· Educating the external medical practice and administrative staff on the coding requirements to avoid future inaccurate documentation