Medical coding is the process of converting rendered healthcare services into alphanumeric codes. It may include diagnosis, procedures, lab tests, and equipment used or provided. Medical coders use patients medical records i.e. provider notes, laboratory reports etc. to ascribe the rendered procedures and diagnosis codes.
The process of medical coding includes the extraction of medical information from the given medical documents, assigning the right procedures and diagnosis codes, and creating a claim eligible to be submitted to the insurance company. Medical coding plays a key role in your healthcare facility revenue cycle. Your medical coding should be efficient, accurate and secure to sustain your revenue & compliance.
Importance of Accurate Medical Coding
After patient demographics entry, high-quality medical coding is critical for correct and timely reimbursements. Medical coding errors can result in short-term as well as long-term loss and even your practice can go into audit due to inaccurate coding. Xceed Billing Solutions highest priority is accurate and quality medical coding. So, you will never go wrong by choosing us for medical coding. Xceed Billing Solutions medical coding experts can do any type of medical coding including difficult outpatient, inpatient, and specialty coding.
Medical Coding Services offered by Xceed Billing Solutions
Xceed Billing Solutions provides medical coding services to hospitals, emergency rooms, urgent cares, and physician offices. Our AAPC (American Academy of Professional Coders) and AHIMA certified medical coders with over the decade of coding experience can do better than any other medical coding services company. They are equipped with specialized medical coding certifications such as CCS (Certified Coding Specialist) and CPC (Certified Professional Coders).
Medical Coding Services We Offer
Xceed Billing Solutions offer following medical coding services
- CPT, HCPCS coding
- ICD-10-PCS and ICD-10-PM coding
- Chart Audits and Medical Coding Review
- Insurance Specific Medical Coding
- CPT Pricing
Medical Coding Audit Services
While we offer complete medical coding services, we also provide medical coding audit services to the different healthcare facilities for the coding that has already been done by their existing team members. Our medical coding experts audit their medical coding and give suggestion for accurate billing and improved revenue.
Medical Coding Denial Management
Our experts of medical coding team members are always ready to assist you in coding related denial analysis, fixing those medical coding errors and resubmit claims to insurance companies for reimbursement.
Benefits of Outsourcing Medical Coding Services to Xceed Billing Solutions
Inaccurate medical coding can cause loss of monthly revenue up to 20%. By choosing Xceed Billing Solutions for medical billing and coding services, you can avoid that 20% loss because we can run your medical coding processes efficiently and effectively.
Our Medical Coding Team provides the following benefits:
- Ensure ICD-10 compliance
- Reduce AR aging with enhanced first-pass claims rate
- Improve clinical documentation at a physician as well as facility level
- Accurate reporting of clinical data