Maximizing Your Revenue Through GI Billing Services
According to Becker’s review, there are 13 specialties seeing decline in reimbursement rates, and gastroenterology is one of them. Moreover, a survey in the American Journal of Gastroenterology stated that reimbursement for bioscopies and colonoscopies have dropped by around 38% in the last 15 years. It is because the GI billing process is a very difficult process because of several codes and modifiers. Though GI billing is full of rules and complexities, the important step is to master the basics, which include authorization, core procedures and documentation to make sure no claim denial occurs. These fundamentals are considered as one of the major foundations for improving the clinic’s RCM process. The Role of Prior Authorization Prior authorization is one of the major pain points for gastroenterology practices. As there are several colonoscopies with EGD, polypectomy and capsule endoscopy, payers need prior approval before rendering services. So, missing authorization results in cla...