Accurate medical coding is critical to create a proper record of patient care, streamline the medical billing process, accelerate payments to physicians and identify healthcare areas that require focus. With increasing instances of self-pay and stricter compliance, the risk associated with medical coding, and consequently medical billing, rises.
The decision of whether or not to outsource medical coding and billing services is one of the most important considerations that a small or midsized medical practice will ever have to make
Outsourcing your medical coding simply means you’re contracting with someone else to do your medical coding, instead of having coders on staff. Depending on what you need, that might be a medical coding consultant or a dedicated medical coding company. With the time-consuming nature of medical coding (especially with ICD-10!), using a remote medical coding team can help you run a more efficient business.