Wound Care Billing Services
About Our Wound Care Revenue Cycle Management Expertise
Having a trained and certified team providing wound care billing solutions not only allows practitioners to focus on giving their patients the best medical care but also frees their time from doing additional chores like billing, coding, submissions, and filing appeals. Medheave offers wound care billing and coding services to ensure your practice performs to the best of its abilities. We handle the specialized billing for wound care clinics from all aspects of the revenue cycle by streaming the billing process and helping you increase revenue collection as well as patient satisfaction from your medical care services.
Our Comprehensive Services for Wound Care Practices
Wound Care Coding
Our wound care coding specialists are certified and know the current standards of wound care coding. We accurately assign codes to various procedures like minor cuts and scrapes, major wounds, surgical incisions, debridement, compression stockings compression bandages, etc. We also maintain up-to-date HCPCS, CPT, and ICD-10 codes in reporting all wound care sessions. Precise coding helps in maintaining accurate patient health records for reimbursements and additional treatment and referral requirements.
Wound Care Billing
We provide tailored solutions pertaining to medical billing for wound care practices in the USA. We handle and meticulously create billing for various procedures including skin grafts, negative pressure wound therapy, hyperbaric oxygen therapy, wound dressings, antibiotics, cleaning the wound, ultrasound and electromagnetic therapy, and long-term hospitalization for infected wounds, etc. Our error-free billings guarantee wound care physicians receive full payments of their time and medical care on time without deductions.
Wound Care Eligibility Verification
We handle the complex process of insurance verification for wound care practices to avoid claim denials, unexpected costs on patients, underpaid and partial payments, etc. Our insurance verification experts thoroughly evaluate patients’ health plans to verify if they are eligible for wound care therapy at a specific clinic or healthcare facility. Eligibility verification discloses out-of-pocket costs to patients and ensures claims are approved by payers when submitted by our billers.
Wound Care Denial Management
We offer denial management in wound care billing that goes beyond the typical scope to ensure medical practitioners receive optimal reimbursement. The denial management team of our company thoroughly evaluates the root causes leading to denial. We determine the compliance level of CPT codes for wound care, identifying invalid code usage, typos, incorrect NPI, or demographics. After review, we correct the mistakes and resubmit the claim. In case of hard denial, we file an appeal at the earliest, making sure revenue doesn’t turn into bad debt.
Wound Care Credentialing and Enrollment
A prosperous wound care practice management is only possible when the credentialing profile is maintained and enrollment in a new payer’s health plan is made possible. Our credentialing and insurance enrollment managers are cognizant of the latest and changing landscape of this industry. We help you meet standards for MIPS and APM, ensuring practices offering wound care receive incentives as per the guidelines and expertise in effective patient management.
Wound Care Free Practice Analysis
Other than providing essential wound management billing services, we offer free practice analysis. We assign our expert billing team specializing in identify and analyzing your practice’s current or existing billing system. They provide invaluable insights on areas of improvement, and revenue leakages that are causing financial losses. We provide suggestions on improving the revenue cycle, tackling challenges, and optimizing reimbursement to help your practice thrive.
Why Choose Us To Outsource Wound Care Billing Services?
Streamlined Billing Operations
We handle the entire process involving coding, billing, follow-up, and final reimbursement with finesse and expertise making this process a smooth and highly effective operation to recover reimbursements.
Reduced Administrative Burden
By delegating claim management for wound care practices to Medheave, providers can easily reduce their in-house team’s administrative burden. Additionally, we help you manage administrative burnout allowing your team and practice to transfer heavy lifting to our experts.
Improved Cash Flow
We enhance wound care clinics/hospitals' cash flow twofold with our mistake-proof billing that leads to quick processing by payers and fast arrival of reimbursement, ultimately leading to an uninterrupted revenue stream.
Wound Care-Specific Knowledge
Our comprehensive knowledge of wound care specialty empowers your practice and prevents typical and complex billing mistakes. Mastery of home health wound care billing enables us to serve you with only the best.
Dedicated Account Manager
Medheave provides healthcare practitioners with a dedicated team assigned to their injury and wound care practices. This dedicated team is well-versed in coding, billing, and payer-specific guidelines and industry standards, available 24/7 to help you earn more.
HIPAA Compliance
Our billing and coding services for wound care physicians are 100% HIPAA-compliant, providing you peace of mind about patient data safety and security. The paramount importance of securing the financial and personal details of patients distinguishes our professional team from the rest of the industry.
Why Hire Our Endocrinology Medical Billing Experts?
- We are cost effective than in-house team
- Our assistance results in 40% more collection
- We offer billing and coding for 50+ Specialties
- We have served 10k+ Healthcare Providers
- We have submitted $2.7B+ Claims
- We have proven expertise you can trust
- Our RCM solutions are customized to meet your expectations
- We use state-of-the-art RCM technology
- We assign dedicated team supporting your practice 24/7
