ONCOLOGY MEDICAL BILLING SERVICES
BE FREE FROM THE COMPLEXITY OF EVER-CHANGING BILLING CODES
Advance Billing Services provides specialized oncology billing services to ensure that submitted claims are in compliance with government policies and that our clients receive maximum reimbursements. We also offer a full suite of medical revenue cycle management (RCM) services.
Why It Makes Sense to Outsource Oncology Medical Billing
Not only is oncology one of the most rapidly developing fields of medicine, it is also among the most far-reaching, with patients of all ages and types, and practitioners in many different settings. All these factors combine to make oncology medical billing among the most complex of all the different specializations.
The codes for medical billing are updated annually, but there are also changes to regulations, government program rules and insurer requirements that may happen all through the year. Failing to incorporate each payer’s demands and the latest codes into each claim will result in non- payment—and in this economy, no one can afford to not get paid for the services they provide.
On the other hand, trying to stay on top of all the changes can take so much time and attention that it is impossible to focus on patients and providing the care they need. Outsourcing oncology revenue cycle management has become a popular solution that increases revenue while allowing medical professionals to get back to focusing on patient care.
Oncology Billing Services Take the Pressure Off Physicians
By its very nature, oncology is one of the more stressful fields of medicine. The seriousness of the conditions being treated means that physicians are frequently dealing with life-threatening diseases and complex treatments. That means anything that can be done to relieve job stress should be done.
On top of all that, rapidly changing treatment technologies mean extra work keeping up with codes, submitting claims and negotiating reimbursement rates. These are some of the things effective oncology medical billing services can take care of for you.
The staff on Advance Billing Services billing team know how to effectively respond to denials and rejections, so that no unpaid claims are abandoned. Our billing and coding procedures have been streamlined to ensure efficient processing and our staff receive ongoing training to make sure errors are not repeated. Our RCM specialists will even handle any required annual payer adjustments and payback.
Oncology Billing Services Take the Pressure Off Physicians
The staff on Advance Billing Services billing team know how to effectively respond to denials and rejections, so that no unpaid claims are abandoned. Our billing and coding procedures have been streamlined to ensure efficient processing and our staff receive ongoing training to make sure errors are not repeated. Our RCM specialists will even handle any required annual payer adjustments and payback.
Oncology Billing Services Take the Pressure Off Physicians
However, for the majority of clinical laboratories, the outlook doesn’t have to be so dismal. Making efficient and timely adjustments to both back-office and front-office procedures can make all the difference. Submitting complete and accurate claims has never been more important to the success of your lab. Not only is it imperative that CPT and ICD-10 codes be correct, but claims must also be coded to the highest level of specificity to prove medical necessity. And time is of the essence – the limited window for reporting clinical diagnoses and submitting claims means you may have to adjust the pace of your administrative and clinical lab billing processes. This can especially be challenging when the ordering provider sends a requisition with missing, incomplete, or incorrect information.
Oncology Billing Services Take the Pressure Off Physicians
The staff on Advance Billing Services billing team know how to effectively respond to denials and rejections, so that no unpaid claims are abandoned. Our billing and coding procedures have been streamlined to ensure efficient processing and our staff receive ongoing training to make sure errors are not repeated. Our RCM specialists will even handle any required annual payer adjustments and payback.
We Track Every Single Claim
Another reason to outsource your oncology billing services to Advance Billing Services is that in addition to a team of our experienced medical billers being assigned to your account, we will also appoint an account manager so that there will always be someone who is familiar with your business and who knows the status of all your claims. Millions of dollars are lost by medical practices every year simply because rejected and denied claims are dropped. Advance Billing Services account managers track every claim and make sure to follow up on anything that is unpaid, regardless of whether it is for a large amount or a small one.
Complex Procedures
Oncology is a high-tech field, and treatments often involve new equipment, extensive surgeries, radiation therapies, chemotherapy, etc. Multiple practitioners involved may be from different facilities, and the process may extend over a long period of time, all of which make billing more difficult. As an oncology medical billing company, we reduce all the complexities of the billing process.
