Medical Oncology
Oncology Medical Billing and Revenue Cycle Management Services
Why Outsource Medical Billing and RCM for Your Oncology Practice?
When patients see an oncologist, they are often already dealing with health and financial hardship. That combination means that physicians must spend more time with each patient, while also facing increased potential for reimbursement issues related to under-coding or over-coding.
Outsourcing oncology medical billing and revenue cycle management processes like compliance audits to a billing partner who understands the distinctions between consultation and a new patient visit, as well as correct use of prolonged service codes, insurance covering clinical trials, and codes for specific procedures like transplants, can help maximize reimbursements and minimize claim denials.
Outsourcing oncology medical billing and revenue cycle management processes like compliance audits to a billing partner who understands the distinctions between consultation and a new patient visit, as well as correct use of prolonged service codes, insurance covering clinical trials, and codes for specific procedures like transplants, can help maximize reimbursements and minimize claim denials.
Why Precision Practice Management?
Precision has years of experience working with oncology practices on medical billing and revenue cycle management. Our staff understand the intricacies of oncology coding and can help with issues like authorization requirements for approved drugs and treatments. Additionally, PPM provides reporting and periodic compliance audits to ensure appropriate coding for the levels of service provided, which can identify and help solve problem areas.
Our medical billing services include:
- Medical coding
- Accounts receivable and denial management
- Electronic health records (EHR) system installation and optimization for meaningful use
- Financial reporting
- Revenue cycle management solutions
- MACRA/MIPS
We also offer IT services designed specifically for healthcare providers:
- Security risk assessments
- Wireless network solutions
- Mobile and remote connectivity
- 24/7 help desk
