It’s a terrifying concept that is all too real for healthcare practices: a small error in your medical HCPC coding information can trigger a series of expensive events that kill your profits!
Billing codes change every year, giving administrative staff plenty to keep them busy on top of their day to day responsibilities. But given that coding information is how your practice gets paid for its services, staying in the know of these changes isn’t optional.
How to Maintain Accurate HCPC Coding Information
How can practices understand the annual changes to HCPC coding information to ensure that every bill is accurate, and the billing process remains efficient?
We’re sharing three of the coding information industry’s best practices to help you improve not only your billing, but also your bottom line:
#1 – Attend Annual Conferences and Seminars
Ongoing education is critical to a medical practice’s billing staff. You could attend an annual seminar or conference specifically for HCPC coding information changes to learn what to expect for the coming year.
This option can be effective, but for many practices it’s simply not feasible. If you don’t have the proper staff coverage, your team may be unable to break away from their daily tasks to attend a conference. In addition, they can be expensive, especially when you consider the total cost of airfare, hotel, food, and other expenses.
#2 – Take Ongoing Courses
You may be able to find local or online courses that cover HCPC coding information changes. This can be a desirable alternative to attending conferences in person, especially if you can study the course at your own pace while juggling your daily duties.
#3 – Outsource Your Medical Coding and Billing
One of the most desirable options is to outsource your medical coding and billing to a company that stays up to date on coding changes on your behalf. This helps remove any guesswork from your end and improves the overall efficiency of your billing process.
How MD Billing Experts Helps You Take Control of HCPC Coding Changes
MD Billing Experts is a third-party medical billing service provider that acts as an extension of your practice. We’re experts in the billing industry and keep our finger on the pulse of coding information changes (so you don’t have to!).
Because of our efficient process and knowledge in the industry, we’ve improved collections for our customers up to 10%! Let us do the same for you – schedule a consultation today to learn more about how we can help you grow your revenue!