Does your current financial picture look blurry to you? Don’t worry! Our X-ray vision is on your accounts receivable. Get our radiology medical billing services and never lose focus on patient care.
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NeuraBill – A leading medical billing and revenue cycle management (RCM) company that empowers practices across all 50 states with its tailored radiology billing services. Our values and ethics drive our commitment. We strictly comply with all industry regulations, including HIPAA, ensuring we never compromise protected health information (PHI). We hire only Certified Professional Coders (CPCs) and radiology billing experts who guarantee high clean-claim, first-pass, and collection rates, significantly reducing denials and accounts receivable (AR).
That’s not all! We offer a comprehensive radiology billing solution. It encompasses charge entry, payment posting, claim follow-up, denial management, and monthly reporting. Best of all, we provide these full-service benefits for just a percentage of your monthly collections. Let’s create a clear, healthy financial image of your practice!
Radiology practices encounter unique and evolving billing complexities. From coding complexities to varying payer policies, each one leads to revenue leakage. Trusting your radiology RCM and billing to experts is not just a choice but a strategic necessity. Understanding these specific hurdles, NeuraBill offers specialized radiology billing solutions designed to transform your financial operations.
We empower radiology practices across the U.S. to overcome billing hurdles, enhance cash flow, and achieve financial stability. Our customized radiology billing and coding services provide access to dedicated specialists, ensuring you experience a healthier revenue cycle, drastically reduce overhead costs, and maintain full compliance with all regulatory requirements. Discover the difference true expertise makes!
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Radiology codes are updated in line with innovations, making it challenging for practices to keep up. This leads to frequent coding errors and lost revenue due to inaccurate claims. Here, we stay current with the latest radiology billing and coding guidelines.
Radiology billing requires specialized language for reporting. However, staff shortage makes it challenging for practices to maintain adequate patient records. Here, we ensure precise documentation to prove the medical necessity of every product and procedure.
The ever-evolving state and federal regulations, including FCA and HIPAA, complicate radiology medical billing. Here, we train staff on the latest regulations to avoid non-compliance and resulting reputational damage, financial penalties, and lawsuits.
Radiology billing guidelines and reimbursement rates are unique for every insurance payer, which confuses the billing team. Here, we thoroughly review every payer’s policy manual to fulfill the different payer requirements and file clean and compliant claims.
Radiology practices perform a high volume of imaging studies every day, which leads to hasty and erroneous claim filings. Here, we have dedicated radiology billing teams for each account, which improves efficiency and ensures accurate and on-time submissions.
Many radiology procedures require prior authorizations from relevant payers, which adds to the administrative burden. Here, we carefully navigate varied radiology billing requirements, submit timely requests, and manage approval statuses for each patient.
Accurate coding ensures timely claim processing. However, managing it in-house without knowledge and certification presents many challenges. With hundreds of codes and their slightly varying descriptors, choosing the correct one can be deceptively complex. Errors like these can derail your practice’s medical billing for radiology. This inherent difficulty is precisely why outsourced radiology billing services have become a popular solution.
Did you know that between 2015 and 2022, approximately 3,500 physician practices offering radiology services vanished from the Medicare Provider Data Log? Alarmingly, 65% of these were practices solely dedicated to radiology. This statistic underscores a critical need for reliable radiology billing support. When you outsource radiology billing, it protects providers from burnout and prevents practices from devastating revenue loss.
If your radiology practice seeks to avoid this daunting fate, it is time to partner with a leading radiology billing company like NeuraBill. We are currently serving numerous radiology practices nationwide with our premium radiology billing solutions, ensuring their continued success.
At NeuraBill, we have designed our radiology medical billing services to meet all your practice needs. From charge capture to payment posting and insurance eligibility verification to claim follow-up and denial management, we cover everything.
We have a team of AAPC-certified coders and billing experts who are well-versed in industry regulations and payer policies. Our team also strives to stay current on any changes to state and federal laws and payer requirements. Thus, every medical claim that we process is 100% compliant.
When you outsource radiology billing services to NeuraBill, you enjoy several benefits. You unburden your team from the complex administrative duties related to medical billing so they can focus on their primary responsibilities, such as patient care. It also results in fewer errors, faster claims, and maximized reimbursements, streamlining your revenue cycle.
It generally takes 3-6 months for radiology practices to notice significant improvements in their billing workflow and radiology revenue cycle management processes. However, you can observe noticeable enhancements in your clean claim rate, first pass rate, denial rate, and collections within the first two months of your partnership with NeuraBill.
