Oncology

Oncology Billing Services

In addition to being one of the fastest growing medical specialties, oncology is also one of the most diverse, with practitioners working in a wide range of settings and patients of all ages and types. The codes for medical billing are updated annually, but there are also changes to government program rules, insurer requirements, and payer demands that may occur throughout the year. Failure to include the most recent codes and payer demands in each claim will result in non-payment, and in this economy, no one can afford to be underpaid for the services they provide.

However, keeping up with all the changes might take so much time and attention that it becomes impossible to concentrate on patients and give them the care they require. Oncology revenue cycle management outsourcing has grown in popularity as a way to boost income and free up healthcare providers to concentrate on patient care.

Oncology is one of the most stressful medical specialties by definition. Because of the severity of the problems they treat, doctors often deal with complex therapies and life-threatening illnesses. That makes it important to do all possible to relieve job stress.
As treatment technologies advance quickly, it becomes increasingly difficult to stay on top of new codes, confirm coverage, and bargain for lower reimbursement rates. Fortunately, all of these are covered by our cancer billing services!

Why You Should Outsource Oncology Billing to Specialists

Claims must be filed accurately and with all required information in order to receive full reimbursement. Numerical modifiers specified in the medical billing codes must be used to convey such information. Reimbursements should not be delayed by a month or longer while these technicalities are worked out, especially when surgical claims total tens of thousands of dollars. Providers can submit claims more quickly and with fewer errors and problems that lead to denials and rejections by outsourcing to professional cancer medical billing services.

Another reason to hire Medsurebilling to handle your oncology billing is that, in addition to assigning a group of our skilled medical billers to your account, we will also designate an account manager to ensure that there is always someone who is aware of your company and the status of all your claims. Every year, medical offices lose millions of money just as a result of refused and rejected claims being withdrawn. Regardless of the size of the claim, Medsurebilling’s account managers monitor each one and ensure that any outstanding payments are followed up on.

In the high-tech field of oncology, treatments frequently include radiation therapy, chemotherapy, extensive operations, modern equipment, etc. Billing becomes more challenging when there are several practitioners from various facilities and the procedure takes a long time. You can avoid having to figure out how to include all the facts in the claim by entrusting that task to a skilled cancer medical billing business.

Rarely is cancer treatment as easy as removing a tumor. More likely, a number of procedures will be performed, frequently with the assistance of experts from different medical specialties, such as hepatologists or plastic surgeons. Coding must be precise to show all the required information because each person’s job must be taken into consideration and they may represent various corporate companies as well as medical professions.