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Medical Billing & Coding News
Home Care Payments...
The Senate Finance Committee met to discuss ways to pay for a fix to physician payment rates in 2008 and 2009, according to press reports. The heart of the meeting was to talk about the $30 billion in cuts needed to avert the doc pay cut and make other Medicare changes, and home care once again landed on the chopping block to have many home services radically reduced or have their funding cut all together.
Medical Billing PHI
Patient history, or PHI is an aspect of medical billing that has a myth attached. Contrary to popular belief, it is safe practice to allow any permanent office member to take the review of systems and the family social history...
Is it Time to Outsource Your Medical Billing?
If you're getting claims denied or kicked back - the answer is yes. If your staff has gotten sloppy in their compilation of your medical billing claims and your office is so busy that no one has time to follow up on medical billing claims; it is costing your practice in the form of real dollars...
Complex Closures on Excision Claims
When closures become complicated, it is possible to have a two code claim. If the ED physician removes a lesion, he or she will also need to close the site prior to releasing the patient to go home. If the closure is a simple repair, then the work is combined into the lesion excision code. If the repair is more complicated then that though, then you can report the closure separately...
August 19, 2005
Medical Billing and Revenue Codes
Not all medical billing is generated from physician's services. Sometimes services are rendered to patients and the medical billing created from those procedures need to be submitted to the various insurance carriers, but they also need three things: a price, a procedure code, and a revenue code.
Revenue codes indicate to the type of service that you are billing for; revenue codes are 3-digit codes, and those revenue codes must match up with specific procedure codes to designate what services were rendered.
Is an older medical billing firm the best medical billing solution for your practice? Do all medical billing firms provide the same services or charge the same fees? Read the complete article here...
Outsource Management Group, LLC will provide your practice with a complete in-depth analysis of your current medical billing, as well as provide you with industry leading medical billing services to replace your current strategies.
February 17, 2005
Is medical billing outsourcing the best choice for your practice? See some of the benefits of hiring a medical billing firm in a recent post to our blog by clicking here.
February 1, 2005
We want to sincerely thank our new medical billing & coding clients for coming onboard with OMG in Jan.
2005 has already set a new standard for OMG clients and you can be rest assured that your medical billing needs will always receive the complete attention of our medical billing staff and management team.
To a physician medical billing is of great importance to their financial future, and while OMG has a complete understanding of this concept, OMG also knows that the physicians medical billing & financial future is the key to our future as well so you can bet that your medical billing will be handled in a timely and professional manner!
January 21, 2005
OMG is proud to announce that we offer professional medical billing services to all specialty physicians nationwide. We currently provide medical billing to physicians from coast to coast and in paradise. We also feel compelled to provide links to a number medical billing colleagues so that you are able to make an informed decision about your medical billing needs and choose the medical billing firm that is right for you.
We do this because OMG is convinced that once you compare our medical billing services to others, you will
choose the medical billing experts at OMG for all of your medical billing and coding needs.
Lets face it, not all medical billing firms have your bottom line in mind, some only have their bottom line in mind. At OMG we found that if we only worry about medical billing for your bottom line, then our bottom line will follow!
January 7, 2005
Is your medical billing being done correctly? There is a good chance that this answer is no! We have found with our new medical billing clients that 80% of all of those physician's who currently outsource have a medical billing revenue that can and has been increased by going the extra mile when dealing with their medical billing. It's usually a matter of not auditing, or not spending the time needed to maximize the reimbursement from medical billing prior to submitting.
OMG will maximize your revenue by implementing a customized medical billing plan that utilizes our expertise but always has your bottom line in mind.
December 27, 2004
Is medical billing an enormous industry or what? When you consider the medical
billing claims that every physician has to have filed, it's no wonder that everyone
and their brother wants to get into the industry. My only concern is that alot
of new medical billing providers may not be adequately trained which will be
reflected in revenue and will ultimately hurt the physician. All providers needing
a medical billing service should extensively ask questions to assess the medical
billing capabilities of the firm they are looking into or it will be a long hard
road ahead.
December 23, 2004
Medical billing is a very demanding business when done correctly. All medical
billing claims must be audited, submitted and followed up to ensure full reimbursement.
The medical billing staff at Outsource Management Group, LLC takes your medical
billing very seriously. A medical billing service must be aware that your practice
is in their hands and give your medical billing their total attention,
this is exactly what Outsource Management Group, LLC does with your medical billing!
Our staff will ensure that your medical billing is receiving our full attention
and full reimbursement, the first time.
December 19, 2004
We want to thank our current and many new clients who have signed on this year for making 2004 a GREAT year, our medical billing staff will continue to provide you with the best possible medical billing services in 2005.
December 18, 2004
Our medical billing services are second to none as our new clients are realizing. We provide the best possible medical billing solutions for nearly every physician specialty in the medical field, and wish to thank our 2 new clients this week for allowing us to provide complete medical billing solutions to your practice.
December 12, 2004
To help you best utilize your time, we are making it easier for
you to compare our firm to other billing services by providing links to our industry
colleagues. We trust that once you compare our firms you will be satisfied with
the choice you make.
Click here to see the list.
December 11, 2004
Our webmaster is making his medical web design and optimization skills available
to the public.
Click here to read more.
December 9, 2004
Latest from the medical billing blog...
Shocking Medical Billing Survey.
Read the complete article.
December 5, 2004
Outsource
Management Group, LLC adds a new medical
billing & coding article
archive section to the website.
December 1, 2004
Latest
from the medical billing blog...
Consulting
Charge vs. New Claim?
Do insurance companies and physicians view
coding for consulting referrals the same
way?
Read
the whole article...
November 29, 2004
OMG unveils its new online
medical billing & medical coding question & answer consulting system to
assist colleagues & in-house billing staff with tough claims.
Do You Have:
Medical
Billing Questions?
Medical
Coding Questions?
HIPAA
Compliance Questions?
Questions
about what modifier to use?
What
Codes Will Work Together?
Need
Help With The CMS 1500 Form?
Outsource Management Group's new
medical billing and medical coding question and answer online consulting solutions allow
medical billing & coding colleagues to ask the experts at OMG the tough
billing & coding questions for a small fee.
Does your office do your billing? This consulting is
also available to your in-house medical billing staff for those tough
billing and coding questions.
Our medical billing & medical coding staff of experts are here to help you
with those tough questions. Read more.
November 10, 2004
Outsource Management Group is an innovative Medical
Billing & Consulting Firm who is dedicated to providing your practice with
the latest reimbursement strategies, information and solutions available to the
healthcare Industry. Our #1 goal is to get you the reimbursement you are entitled
to - in a timely manner.
October 29, 2004
What solutions does OMG offer to Physicians in the United States?
Outsource Management Group provides complete medical practice
management solutions including:
Medical
Billing Services
Medical
Billing Outsourcing Management
Medical
Billing Consulting Services
Medical
Billing Analysis
Medical
Billing Staff Training
Medical
Coding Solutions
Medical
Coding
Audit
Medical
Coding
Consulting Services
Physician
Credentialing Services
October 10, 2004
OMG is the industries leading medical
billing firm, located in beautiful Bloomington, Indiana and available to
assist your office with all of its medical billing and coding needs...
OMG will take your practice revenue to the next level with state of the art billing
and coding strategies...
Outsource Management Group, LLC continues to grow at a rapid pace taking on new
clients nationwide, don't let your medical
billing needs be fulfilled by a firm who doesn't have your best interest
at heart...
Call Outsource Management Group today and start receiving the reimbursement that
you are entitled to.
Are your medical
billing claims getting processed properly. Is your revenue where you think
it should be. If the answer is no to either of these, you need the expertise
and professionalism of Outsource Management Group's medical
billing staff.
The following solutions are provided to assist our clients in a medical practice
and medical-related fields with the tedious tasks of billing and follow-up functions,
therefore you will be able to concentrate more on medicine and the patients well
being while we generate the revenue.
Medical
Billing, Credentialing, Training & Follow-Up Functions
Electronic and Paper Claims Submission.
Analyze and Update All CPT, ICD-9 and HCPCS Codes.
Analyze and Use Correct Modifiers to Increase Reimbursement Dollar Amounts.
Accounts Receivable Management.
Customized Monthly Financial Report.
Generate and Mail Monthly Patient Statements.
Management of Collections.
Complete Practice Analysis.
HIPAA Compliance Review.
Consulting and Training For You and Your Staff on Billing and Coding Issues.
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| Who
Is Outsource Management Group, LLC? |
Medical Billing, Medical Coding, and Consulting Firm
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| What
Can Outsource Management Group Do For You? |
OMG Will Increase Your Medical Billing Revenue
Do you realize that approximately one
fourth of all medical practice income
is lost due to Under Pricing, Under
Coding, Missed Charges or Un-reimbursed
Claims? That's right, hundreds of millions
of dollars is lost annually due to medical
billing errors.
Is your practice among those offices
that are only receiving 70% of the
available medical billing revenue
due to them?
Outsource Management Group can remove
these obstacles and show you how to
reverse this trend. OMG can re-gain
the revenue and subsequent profits your
practice is entitled to utilizing electronic
claims and personalized reimbursement
strategies. OMG has the professionalism
and expertise required to keep your
practice functioning properly and efficiently
at all times.
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| What
Services Does OMG Provide Physicians? |
Medical Billing, Medical Coding, Practice Management
Outsource
Management Group provides numerous
services to physicians and other medical
professionals including:
Medical
Billing, Medical
Coding, Electronic
Claims Submission, Medical
Billing Consulting,
Medical
Coding Audits, Staff & Provider
Training, Physician
Credentialing, HIPAA
Consulting,
Complete
Follow-up Functions, Patient
Invoicing and Medical
Coding Consulting.
With extensive editing and audits being performed on electronic claims prior to their transmission to carriers, the percentage of suspension/rejections is low. OMG realizes the importance of working the aging report. Insurance companies are contacted as early as two weeks after submission to ensure quick reimbursement to the physicians.
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