Increase Your Hospital’s Diagnostic Radiology Revenue Cycle And Bill With Confidence
Successfully managing a diagnostic radiology hospital coding involves many specific challenges. One of the biggest challenges you can face as a diagnostic radiology administrator is effectively managing billings to be able to maintain steady cash flow and build a profitable practice. It can also be tricky to keep up to date with the latest regulations and deeply understand them and how they impact your diagnostic radiology practice. But they are crucial for thriving in this domain.
Whether you just started running a diagnostic radiology practice or you have been managing one for decades, there are specific steps you should follow to manage your private insurance and Medicaid billings the correct way. At Fortis Medical Billing, we have a specialized team of experts who have the know-how, experience, and insights to help you be successful.
About Fortis Medical Billing Professionals
Who do you want to take great care of your billing department? Do you want your practice’s coding duties to be assigned to an entry-level employee who has no experience and insufficient insights in the field? Or do you want to work with a team of seasoned professionals, each bringing decades of relevant experience and vast knowledge to the table? We both know that the second option is the effective one that can ensure your diagnostic radiology department’s success.
Fortunately, we at Fortis Medical Billing Professionals offer the latter option. Our company is composed of physicians, auditors, and former FBI agents who have devoted their careers to developing a deep understanding of the medical billing industry and the myriad laws and regulations that apply. We have a top team, selected carefully, that can provide the best results for our clients.
Here’s an example so you get a better understanding of our top team of specialists: Dr. Stephen Taylor is a registered nurse and physician who has been working in the field of federal medical billing compliance for more than 25 years. And Dr. Stephen is not the only expert on our team. Every staff member has extensive knowledge and the deep insights you need when you are making decisions that impact your diagnostic radiology practice’s finances. Our mission as a team is to offer efficient, effective, and custom-tailored medical billing solutions to our clients.
Our Medical Billing Services for Diagnostic Radiology Hospital Coding
To manage your diagnostic radiology practice’s billings effectively, you must give this task great effort, time, and expertise. Reducing your denial rate and A/R collection time starts at the coding stage. Making sure you code your billings correctly requires a comprehensive understanding of the various professional, facility, risk adjustment factors (RAF), and other coding rules and requirements that apply. We can provide for you the needed expertise to bill efficiently and correctly with different services, such as the following.
Billing and Coding
We provide diagnostic radiology departments nationwide with services to establish compliant billing and coding policies and procedures. Our team of specialists also helps clients implement these policies and procedures into their patient care and management practices so that the medical billing process is as streamlined as it could be. Coding and billing are vital for operating a successful diagnostic radiology practice, and it’s also crucial that they run seamlessly in the background. Our team provides initial and ongoing consulting services designed to ensure that our clients’ billing programs are assets and not liabilities. This is an essential service for running a successful diagnostic radiology department.
We provide two distinct types of diagnostic radiology billing audit services. The first one applies if you are thinking about switching billing companies. In this case, our team will audit your current billing policies and procedures to establish to what extent they are lacking. At this point, we can also review your department’s recent and outstanding billings to determine why claims are being denied and why it is taking so long for your practice to get paid. This knowledge is crucial and identifying the problems will help your department run smoothly and ensure success in the long term.
Second, as your diagnostic radiology billing services provider, we can audit the results of our work to maintain proper accountability, identify shortcomings in your internal billing personnel department, and make sure that your department’s billing efforts are operating at peak efficiency, providing you with the best outcomes.
Revenue Cycle Management
To achieve effective revenue cycle management (RCM), it is required that one has an in-depth understanding of the unique aspects of your practice. Off-the-shelf RCM “solutions” will not offer you the same level of results as a program that is custom-tailored to your diagnostic radiology specialty. The success is within the details, and with a custom-tailored plan, you make sure that every aspect is covered efficiently. At Fortis Medical Billing, we work closely with our clients to understand specific challenges and develop creative and targeted strategies to overcome them. We can be a powerful asset in your diagnostic radiology practice’s path to success, providing excellent services tailored to your specific needs.
Why Choose Fortis Medical Billing for Your Hospital Coding?
Does your hospital’s diagnostic radiology practice require medical billing help? Let’s see what we can provide for you. But first, how do you know if you need help?
1. When Is It Time to Seek Help?
It is time to seek billing help from a professional billing company if your specialized department is facing the following situations:
- Your diagnostic radiology department is facing cash flow problems.
- Your current billing company or in-house billing team is falling behind.
- You do not have an up-to-date billing compliance program.
- You have a high denial rate or high accounts receivable.
- You are not making as much as you desire.
If your department is facing one or more of the above problems, you should seek professional billing help as soon as possible to assist you in improving your practice’s performance.
2. What Do We Offer That Other Medical Billing Companies Do Not?
Fortis Diagnostic Radiology Billing can provide you with numerous benefits. Here’s why you should choose us over other medical billing companies:
- A 95% success rate in securing payment for our clients’ billings
- A 99% client retention rate
- Our U.S.-based operations are headquartered in Dallas, Texas
- A top team constituted of highly experienced physicians, auditors, and former FBI agents
- No setup fees
As you can see, the statistics above show our competence and achievements. We can provide your diagnostic radiology department with custom-made solutions and help you take your department performance to the next level.
Discuss Your Hospital’s Diagnostic Radiology Medical Billing and Coding Needs Today
Have you found your diagnostic radiology practice in one of the situations in which you need medical billing help? If this is the case, we encourage you to get in touch with us as soon as possible. To speak with one of our senior medical billing consultants in confidence, call (866) 808-4160 or inquire online today. Our consultants look forward to hearing from and helping you.
Dr. Nick Oberheiden is a federal attorney with 20 years experience in healthcare compliance and defending healthcare providers.
Dr. Stephen Taylor has 25 years as a medical billing specialist and consultant in medical, chiropractic, nursing, and physical therapy.
Ms. Beverly Gibson has been a health care consultant for more than 25 years and specializes in medical record auditing, E/M training, and audit risk mitigation.