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How to Improve Revenue for Orthopedic Billing Services?

How to Improve Revenue for Orthopedic Billing Services?

There are 28,000 Orthopedic Surgeons practicing across the US, according to the American Academy of Orthopedic Surgeons Even though Orthopedists earn the most from patient care work ($421,000), as compared to physicians from other specialties (Medscape Physician Compensation Report 2015), yet today the orthopedic practice seems to be facing big challenges in terms of generating […]

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How to Do Orthopedic Medical Coding?

Orthopedic coders need to keep up pace with the coding changes. Even a small coding error can lead to a potential fraud and result in a claim denial. There is a strong need to minimize the time being spent on combating coding issues. Providers need to place more focus on boosting their practice’s revenue, reducing […]

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Streamline Orthopedic Billing to survive Medicare Cuts

Rising healthcare costs and declining Medicare payments and are two key business challenges being faced by orthopedic practices. Due to the drastic impending cuts in professional fees, providers are finding it difficult to run their business smoothly. Many physicians have already left the Medicare program as they are unable to stay afloat in the current […]

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Overcome Orthopedic Billing Challenges to Increase Financial Pressures for your Practice

The process of coding and billing can be quite complex for orthopedic practices. Codes and specific modifiers required for obtaining maximum revenue are always changing and this has resulted in a unique set of orthopedic billing challenges for this specialty. To make matters worse, orthopedic fee schedules are getting reduced every year. It is becoming […]

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Handle Challenges for Orthopaedic Practices under Obamacare with a Billing Partner

Handle Challenges for Orthopaedic Practices under Obamacare with a Billing Partner

Compared to any other medical specialty, orthopaedic surgeons perform a greater variety of procedures. However, they barely receive one third of what is billed. Insurance companies continue to slash the amount they pay out to doctors and hospital; due to all these reasons orthopaedic practices are facing tremendous pressure to stay afloat amidst rising costs. […]

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How can Outsourcing Help Identify and Solve Orthopedic Billing Challenges?

2013 brought new changes to orthopedic billing and coding, making timely reimbursements even more daunting for physicians. At a time when reduction in fee schedules and Medicare cuts have affected the financial health of orthopedic practices, preparation for ICD-10, compliance to new technology and dealing with varied payer mix has increased billing challenges for them. […]

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Minimizing Delayed Payments and Revenue Loss with Streamlined Orthopedic Medical Billing

Minimizing Delayed Payments and Revenue Loss with Streamlined Orthopedic Medical Billing

With the introduction of new coding and billing changes for Orthopedics in 2013, reimbursement and timely billing has become even more challenging. Orthopedic physicians are facing Medicare cuts and their fee schedules are reducing. It has become vital for them to be compliant with the required technology for conducting operational functions putting increased pressure on […]

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Responding To Growth-Induced Orthopedic Medical Billing Needs with Specialist Intervention

Responding To Growth-Induced Orthopedic Medical Billing Needs with Specialist Intervention

Orthopedics have been on upward growth trajectory thanks to a host of conducive factors – continued pro-orthopedic Medicare reimbursement reforms, innovative care procedures, breakthroughs in orthopedic technology and anesthesia administration have largely been responsible for upsurge in practice volumes. The combination of these factors has enabled shifting orthopedic from hospital-based inpatient form to a more […]

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Insurance Underpayments, the Issue That is Plaguing Orthopedic Billing the Most

Insurance Underpayments, the Issue That is Plaguing Orthopedic Billing the Most

Insurance underpayments continues to be a major concern for medical practices across the United States; more so for orthopedic surgeons, who, despite serving in a more critical specialty, find it hard to fully recover their medical cost. Because most of the orthopedic procedures happen to be highly expensive, even a marginal percentage of insurance underpayments […]

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Orthopedic Billing Specialist to Take Care of CPT Code Changes Made to Orthopedic Surgery Billing in 2013

Orthopedic Billing Specialist to Take Care of CPT Code Changes Made to Orthopedic Surgery Billing in 2013

This year’s CPT Manual has spelt out extensive coding changes and revisions to orthopedic surgical codes.  In all, there are 500 code changes to the Category I codes, including 251 revisions, 151 new codes and 100 deletions. Moreover, there has been significant overhauling of nerve conduction studies, some revisions to the radiology section, and E/M […]

Read More.. Orthopedic Billing Specialist to Take Care of CPT Code Changes Made to Orthopedic Surgery Billing in 2013
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