Unique Challenges of Cardiology Medical Billing - PowerPoint PPT Presentation

About This Presentation
Title:

Unique Challenges of Cardiology Medical Billing

Description:

Billing and coding for any medical speciality offers unique challenges due to billing guidelines and constantly changing reimbursement policies from various insurance carriers. Cardiology medical billing offers unique challenges as various sub-specialities of cardiology are involved. Different sub-specialties like interventional cardiology, echo-cardiology increases the need of expert coders and billers. – PowerPoint PPT presentation

Number of Views:1
Updated: 17 February 2023
Slides: 7
Provided by: scottfeldberg2
Category:
Tags:

less

Transcript and Presenter's Notes

Title: Unique Challenges of Cardiology Medical Billing


1
Unique Challenges of Cardiology
Medical Billing
2
Unique Challenges of Cardiology Medical Billing
  • Nature of Cardiology Medical Billing
  • Billing and coding for any medical speciality
    offers unique challenges due to billing
    guidelines and constantly changing reimbursement
    policies from various insurance carriers.
    Cardiology medical billing offers unique
    challenges as various sub-specialities of
    cardiology are involved. Different
    sub-specialties like interventional cardiology,
    echo-cardiology increases the need of expert
    coders and billers. MACRA rules for cardiology
    are complicated and coders must know in-depth
    guidelines for interventional and endovascular
    procedure coding. Cardiac cauterization including
    bifurcation intervention versus branch
    interventions leads charting to the highest level
    of specificity (systolic or diastolic CHF
    compared to CHF unspecified). Also, frequent
    revisions of codes happen in procedures like
    iliac repair, angioplasty, stent replacement, ECG
    recording, making it difficult to receive
    accurate insurance reimbursements. Lets
    understand unique challenges of cardiology
    medical billing from insurance reimbursement
    point of view.
  • Unique Challenges of Cardiology Medical Billing
  • Some of the unique challenges of cardiology
    medical billing are listed below
  • Provider cannot render more than one cardiology
    treatment per day, if so technical component of
    the lesser expensive cardiology procedure will be
    reduced by 25 percent which means only 75 percent
    of the technical part will be paid.
  • For cardiology coding, a lot of combination codes
    are available with ICD-10-CM. Based on the
    patients conditions accurate combination code
    need to be used. For example, the ICD code for
    unspecified systolic congestive heart failure
    (150.2) differs from the code for combined
    systolic and diastolic congestive heart failure
    (150.4).

3
Unique Challenges of Cardiology Medical Billing
  • Cardiology patients often face more than one
    diagnosis, also called comorbidity. When it comes
    to cardiology billing and coding, its important
    to document these comorbidities to help ensure
    your practice gets reimbursed as much as
    possible. When documenting different diagnoses,
    check the coding instructions and read the code
    descriptions carefully. In some cases, you may
    need a combination code. A combination code helps
    classify multiple diagnoses, a diagnosis with a
    complication, or a diagnosis with a secondary
    manifestation.
  • Provider should know whether the codes they
    submit are accepted and have medical necessity to
    be performed. They should also know which
    modifiers to be used and component coding etc.
    CMS gives an exhaustive list of CPT codes for
    cardiology and it monitors whether the provider
    is correctly coding.
  • Commonly used modifiers in cardiology coding are
    modifier-22, modifier-25, modifier 51,
    modifier-52, and modifier-53. Not using modifiers
    at all or inaccurate use of modifiers leads to
    reduced reimbursements or claim denials. For
    example, you may add modifier 25 to a patient
    visit where the clinician determined the patient
    needed a stress test at the end of the visit. Not
    using modifiers properly could result in lost
    revenue for your practice. In the example above,
    forgetting the 25 modifier may mean you miss
    out on reimbursement for the patient visit.
    Instead, the payer may lump together the visit
    with the stress test procedure.
  • Cardiology charges are billed differently based
    on whether patient was treated in patient or
    outpatient or same day surgery or in the office
    location.
  • Preauthorization of cardiology procedures is
    mandatory before billing to avoid authorization
    denials.

4
Unique Challenges of Cardiology Medical Billing
  • Addressing Unique Challenges of Cardiology
    Medical Billing
  • Above mentioned unique challenges of cardiology
    medical billing will increase claim denials,
    reduce insurance reimbursements and might attract
    external payer audit. There are few things your
    practice can do to address these billing
    challenges, mentioned below
  • Get well versed with billing and coding
    guidelines for various payers. Know these payers
    billing guidelines and set up rules for unique
    edits. Every payer is different, so you must
    understand the billing and coding intricacies for
    each. Understanding the unique guidelines can
    help avoid denials and delays in payments.
  • Its always a good idea to keep detailed
    documentation for each patient, including
    symptoms, diagnoses, comorbidities, tests and
    treatments. Make sure you keep track of all
    patient encounters and avoid waiting too long
    between the date of service (DOS) and entering
    charges. Having thorough notes will help your
    practice with pre-authorizations or
    certifications, as some payers require
    comprehensive patient notes. The notes will also
    help your practice if needs to appeal any claim
    rejections or denials.
  • Verifying a patients insurance eligibility is an
    essential first step in the RCM and claim
    submission process. Your claim may not get very
    far if a patient doesnt have an active insurance
    coverage. As lot of population has lost its
    employment due to pandemic, its always advisable
    to check insurance coverage for every patient
    visit. Your billing workflow could check
    eligibility for the following weeks schedule,
    giving your team plenty of time to reach out to
    patients if there are insurance issues.

5
Unique Challenges of Cardiology Medical Billing
  • Form a team of cardiology billing and coding
    experts. Internally audit your billing and coding
    process often to find patterns and errors that
    may be affecting your practice collections. Set
    up a thorough review and claim scrubbing process.
    Look for automation opportunities to avoid any
    human error.
  • Legion Health Care Solutions is a leading medical
    billing company providing complete billing and
    coding services to ensure accurate insurance
    reimbursement for your practice. Outsource your
    billing and coding operations like cardiology
    coding, prior authorization, charge entry,
    payment posting, denial management, eligibility
    verification, and Accounts Receivable (A/R). To
    know more about our cardiology billing and coding
    services, contact us at 727-475-1834 or email us
    at info_at_legionhealthcaresolutions.com

6
(No Transcript)
Write a Comment
User Comments (0)
About PowerShow.com