(732) 520-8877
Encounter Review
(732) 520-8877
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(732) 520-8877
(732) 520-8877
27% of the podiatry practices face a revenue loss in insurance claim submission, which deeply diminishes their profitability. Of that 27%, twenty percent of the profit loss is due to coding inconsistencies. Inaccurate claims can disrupt your cash flow, result in revenue loss, and even lead to poor patient relationships. Furthermore, compliance risks can put your practice under scrutiny, leading to potential audits and regulatory concerns.
Podiatry billing is not just about submitting a claim; it's about understanding the coding complexities, timely responses to insurance companies requests, and keeping the whole billing process compliant in order to avoid potential audits. At Quest podiatry medical billing services, we ensure each claim is validated with the Medicare National Correct Coding Initiative (NCCI) database, and the correct modifiers are placed before submitting to the clearinghouse.
Connect with our expert team of podiatry billing services to reclaim your 20% revenue loss and place an efficient patient payment collection system to uplift your overall collection ratio.
Podiatry is not just about the foot; it’s an intricate blend of diagnosis, medical and surgical treatment. And for such specialized care, you need a tailored podiatry billing company that is just as specialized. At Quest MBS we offer customized solutions, intricately designed to meet the unique billing needs of podiatrists and podiatry clinics.
Ensure precision right from the start. With meticulous verification processes, we confirm patients’ eligibility promptly, preventing unnecessary claim denials or delays.
Stay ahead with the most current billing protocols and regulations. We continuously update and optimize billing guidelines to secure your reimbursements effectively.
Eliminate the guesswork. Our adept team ensures accurate application of ICD and CPT codes, reducing errors and boosting your claim acceptance rates.
Maximize your claims. With profound expertise in Podiatry Q Modifiers, we manage claims with precision to enhance your reimbursement possibilities.
Speed up your cash flow. We ensure quick, accurate responses to insurance queries, reducing wait times and enhancing your revenue cycle's efficiency.
Stay abreast of changes. We equip your practice with the latest payment policies, ensuring you are always in the best position to maximize revenues.
Transform denials into approvals. With a dedicated focus on managing and rectifying denials, we enhance the probability of securing your rightful reimbursements.
Simplify complexity. We streamline and manage patient payments, making the process more understandable and efficient for both your practice and patients.
We utilize state-of-the-art podiatry billing software developed for the specific needs of podiatrists. It simplifies claim submission, tracks the claims in real-time, and reduces errors drastically, ensuring compliance and maximized revenue.
The misstep of overlooking or incorrectly using the Q7 modifier can have costly implications.We make sure that each claim with a Class A Finding, like a non-traumatic amputation, gets its deserving Q7 modifier for accurate billing.
Determining when two Class B findings, like an absent dorsalis pedis pulse or advanced trophic changes, coincide can be meticulous. With our expertise, ensure that every claim bearing two Class B Findings is accurately marked with the Q8 modifier.
Balancing one Class B finding with two Class C findings can be a tricky blend. Whether it's claudication or temperature changes, our specialized team ensures that every claim with these Class Findings are correctly paired with the Q9 modifier for flawless billing.
With the frequent updates in podiatry billing and coding guidelines with an increasing number of patients, maintaining a flawless billing process becomes a herculean task. Whether it’s the puzzling scenarios where certain codes cannot be billed together or the instances where a single misstep can lead to claim denial. Delayed responses to insurance requests, often time-sensitive due to the unique nature of podiatry services, can drastically affect your reimbursement rate.
At Quest MBS, we’re committed to dispelling podiatry billing and coding challenges with our tailored RCM approach. Our certified professionals are fully equipped to manage your practice coding, insurances and underpayment complexities head-on. We double check every aspect of your claim before submitting to insurance and perform the swift follow up to ensure it gets paid accordingly. Let’s help you to connect with the right medical billing team to make your practice successful.
With Quest MBS, you gain a partner committed to reducing your claim denial rate, enhancing your collection rate, and optimizing your revenue cycle. Our team is constantly updated with the latest in podiatry billing guidelines, ensuring that you always remain compliant while giving efficient podiatry practice management.
Don’t let inefficiencies hinder your clinic’s potential. With Quest medical billing services, enter in a new era of financial clarity and stability for your podiatry practice. By partnering with us, you’re choosing to prioritize revenue cycle efficiency, ensuring that every dollar you earn is accurately accounted for.
By partnering with Quest MBS, you don't have to commit to year-long complex contracts. Our flexible model helps you decide for yourself what is best for your practice.
Our comprehensive financial reporting is designed for clarity, presenting you with insights to make informed decisions for your practice.
Our methodology prioritizes early error detection, timely follow-ups, and an optimized billing process to ensure you achieve and maintain peak financial health.
The revenue cycle in podiatry isn't just about billing and getting paid. It's a comprehensive process that ensures that each code meets its end.
Our team at Quest MBS excels in identifying underpayments by routinely auditing and comparing reimbursements against contractually agreed rates.
Our podiatry medical billing experts meticulously analyze every vital KPI to elevate your practice by prioritizing revenue cycle efficiency.
