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Accurate Personal Injury Coding to Increase Practice Revenue
Personal injury healthcare coding adhering to ICD-10, CPT, and CMS regulations for physical, mental, or emotional care. Regular financial reporting to keep providers updated about their financial success.
At Marklab, our professionals know that due to higher payout potential, there is an increased risk of fraudulent charges in personal injury billing. Thus, they carefully transcribe and code your practice in compliance with HIPAA to prevent data leakages. Moreover, they cross-check claims to ensure that they comply with revisions in regulatory standards.
Furthermore, we believe in going an extra mile for our clients; hence, the staff documents all case details electronically for STAT eligibility verification. Additionally, our billers communicate with attorneys and insurance providers of at-fault parties for quick case settlements and fair reimbursements. Also, our team performs regular medical practice and billing audits to fix errors and avoid fraudulent charges.
Why Choose Us?
Marklab has 2+ decades of experience in medical billing with hundreds of satisfied clients. Here is what makes us stand out for personal injury billing:
- 24/7 Assistance
- Certified Coders
- Cost-Friendly Services
- 20% Revenue Increase
- Regular Financial Reporting
Personal Injury Billing Plan
Since family practice plan involves treating patients from different age groups hence the billing plan is bit different. Some crucial steps include:
- Eligibility Verification
- Procedure Documentation
- Coding Application
- Claim Submission
- Billing and Collection
Fraudulent charges are a common problem in personal injury billing, but we effectively help avoid the problem. Our professionals quickly verify the patients’ eligibility to identify covered services and bill payers accordingly. Moreover, they practice two-layer quality assurance at each step to confirm no errors and drive guaranteed success.
Frequently Asked Questions
Efficient personal injury billing is crucial to providing high-quality accident care. However, physicians have their concerns regarding the billing process. Below we have answered some questions that they frequently ask. Whether you’re practicing personal injury care individually or affiliated with a hospital, these will effectively clear your confusions. Let’s have a look:
If the responsible party lacks sufficient coverage, the injured individuals’ insurance providers pay medical expenses. Later, the injured party can pursue legal action to recover damages and medical expenses from the at-fault party.
Marklab’s professionals record each of your patient’s personal and insurance information, medical practice, and billing details electronically to help you track bills and financial progress anytime.
Documentation of accident reports, medical records, treatment plans, itemized bills, diagnoses, and treatment codes is vital to successful personal injury billing practices.
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