Despite the fact that it’s used to bill patients for most services, many doctors are not familiar with the basics of E/M coding. This can lead to patient-over or under billing, inaccurate revenues, and lost profits. Thankfully, Health Revenue Services is here to make medical coding simple. In this guide, we’ll discuss the basics of medical coding for doctors.
What Is Medical Coding?
Medical coding is the process of taking a patient’s medical report or chart and translating it into a simple set of codes that are universal across all hospitals.
These codes make it easy to understand what care has been delivered, as well as specifics about a certain medical claim. In turn, this makes it simpler to bill healthcare companies and patients.
Why Is Medical Coding Used?
Why don’t you send a medical report directly to an insurance agency? You could include information about the symptoms, diagnosis, and procedures a patient had, and then wait for reimbursement?
Simple: there is just too much data. For a check-up, there may not be much to write down but think about another incident like a broken arm, or someone who has been in a serious car accident. The volume of information grows exponentially during extended hospital stays.
There were a total of 1.4 billion patient visits in the past year. If medical coding was not used, analyzing and assessing all of these cases would be untenable.
Medical coding also allows for uniformity. Even in the same state, the charts and medical reports between two different hospitals may differ. But when these reports are translated into medical codes, they are completely uniform and can be understood by any medical facility or insurance agency. This is one reason that medical coding for doctors is so important.
Do I Have To Understand The Details Of Medical Coding?
Luckily, you usually don’t have to do the medical coding yourself. Your hospital probably has one or more medical coders who are dedicated solely to transcribing information about patients and translating it into the proper medical codes.
While it is helpful for doctors to understand the basics of medical coding and how it relates to patient billing, it’s not really necessary for to know all the details. What is important is that you create medical reports that are consistent and complete.
As long as you and your staff give the proper resources to your medical coders, you will be able to bill patients for services quickly, fairly, and accurately.
However, if you would like to learn more about advanced medical coding, here are a few helpful resources:
Bill Patients Accurately By Understanding Medical Coding
There are over 68,000 medical codes. While you don’t need an in-depth knowledge of all of these, it’s important to understand the role that medical coding has in logging patient information, and sending accurate billing information both to patients and insurers.
Call us today at <a href=”tel:8444477726″>(844) 447-7726</a> to learn how we can help you with medical coding.