Strategies to improve your gastroenterology billing productivity

Gastroenterology billing firms find it quite hard to maintain their claims processing as accurate and precise. It has been observed that the rate of rejection of their claims is so high that it impacts their income generation adversely. It has become such a routine affair that all the major gastroenterology medical centers are losing their potential income, even though their assets are functioning in full capacity.


Do you too fall in the same category? If yes worry no more, because you are not alone in this. A total of 11 % of the total net revenue is lost annually due to underpayment for a medical centre. Billing, revenue cycle management, and claims processing constitute approximately 14% of the total cost in the healthcare industry. It is worth a whopping $2.7 trillion in terms of monetary value.


However, all your gastroenterology business activities can pave the way for the appropriate measure through the outsourcing of gastroenterology coding and billing to a seasoned crew. It will provide them with an exit path to gain enhanced revenues.




The following is a swift enumeration on how a gastroenterology billing service can grow:


  • Work on challenging patient payments - With the application of high deductible health plans becoming a part of the gastroenterology healthcare industry, the gastroenterology provider are finding it harder and harder to get payments from the patients since they no longer get the money from the insurance payers. In reality, the small Gastroenterology clinics do not have the required resources and the money to operate a proper gastroenterology billing system. The better news is that outsourcing the collection system and gastroenterology billing to a reliable RCM vendor can assist you in increasing your revenue collections. These outsourced gastroenterology partners in fact have the resources required and the time to collect the payments from the patients on behalf of your practice so that you can focus on your patients.
  • Enhance the rate of clean claims - When you are submitting a clean claim, the payment is delivered faster from the insurance company. A clean claim results in an accelerated and speedier turnaround. The fastest and cheapest means to accomplish this is by working in collaboration with trained gastroenterology billers and coders experts in submitting clean claims. They are the perfect team to discover the reasons why your claim is being rejected so that you can recover and enhance your orthopedic payment collections.
  • Specialty-specific billing software- Employing the tailored billing software is the second best thing that can assist you in maximizing your revenue. Most software providers prefer to provide the one size fits all types of solutions that tend not to address specialist medical billing requirements. If there is extra information than what you require, it merely hinders your orthopedic billing process and keeps your practice from operating at its best optimum.


With the implementation of the customized gastroenterology billing software, you will be able to access the designed billing tools which are pre-loaded with a given list of coding and claim filing tools. It will make your billing provide its best output and avoid any redundant information. Considering the cost and time factor, this is only achievable by outsourcing orthopedic billing and coding.


Today working on billing with your in-house staff can usually be time-wasting as it wastes a lot of money and time. That is why outsourcing your billing and coding is primarily recommended to save your time and infrastructure expenses. In fact, today there are many RCM company that possesses the necessary expertise and experience in such billing and collection.

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