Enhance Your Bariatric Medicine and Surgery Practice’s Ability to Manage Revenue
Your bariatric medicine and surgery practice needs to ensure it has enough money coming in to make sure that your patients can receive access to the services they require. It can cost thousands of dollars to complete a single procedure. Don’t forget about the expenses associated with monitoring patients, keeping them for extended stays, and supporting your office and its many employees. You’ll need to have enough revenue to ensure your practice can stay functional.
But it is often difficult to keep tabs on all the billing needs you have. You might miss a few clients, or you might bill incorrect amounts of money to your patients.
Don’t forget about insurance, Medicaid, and other payment solutions. There’s a potential your request for funds from these groups might be denied due to improper or inaccurate billing or coding. You could be out of thousands of dollars if your billing efforts aren’t functioning well enough.
We at Fortis Medical Billing can manage how your revenue comes into your practice. We know that it is tough to keep tabs on your revenue cycles and billing efforts. We have the experience and understanding necessary to help you manage your funds and ensure you collect the money you deserve. Whether it comes from upfront payments or insurance or other assistance programs, we at Fortis are here to help.
What We At Fortis Offer
You deserve nothing but the best support when managing your billing needs. Our experts at Fortis Medical Billing have years of medical billing experience. We have a team of auditors, former FBI agents, and other medical billing experts who understand how revenue is gathered and recorded.
It is better to trust us at Fortis than it is to entrust your coding work to an entry-level worker who probably doesn’t have any experience in this field. Besides, every medical industry is unique over how it bills clients and takes in money. The point is valid about the bariatric area. Many procedures will be paid for with insurance or government assistance, while some people have to provide separate funds depending on the nature of the service. Our professional workers at Fortis Medical Billing can assist you in supporting how you take in revenue.
What Services Can You Request?
Every part of the medical billing process is critical to your business. The billing effort must be accurate to prevent denials and to ensure funds are collected soon enough. We provide many services for your bariatric medicine and surgery practice here at Fortis Medical Billing:
Billing and Coding
We will assist in producing an efficient billing and coding practice that complies with all standards. The billing process will be organized to facilitate an enhanced approach to running a business while accurately producing the correct bills. The effort includes confirming data based on multiple parameters to ensure all charges go through on time.
You can receive reimbursement for various bariatric procedures that you perform. But the coding efforts are different for specific procedures. A laparoscopic procedure uses different codes based on the device used and whether you are placing or removing that said item.
Meanwhile, different rules might apply surrounding who can utilize insurance or Medicare for bariatric procedures. Insurers might reject your practice if a patient doesn’t meet parameters involving obesity, diabetes, obstructive sleep apnea, or cardiovascular disease. Our team can check on your coding practices and find the right solutions to help you adjust your existing billing plans. The work ensures that you’ll collect funds from your clients whether or not they qualify for insurance coverage.
You can ask us about our auditing service at Fortis Medical Billing. We can audit your existing billing efforts and figure out what corrections are necessary. We can then note any denied claims, outstanding billing efforts, and other things that aren’t going through. You might currently be using the wrong standards for coding based on patient conditions and the specific bariatric procedures they require. We can correct whatever issues we find in an audit.
The auditing doesn’t stop with our initial review. We can also audit our ongoing billing and coding efforts. We will ensure we remain accountable for whatever happens. The plan also confirms that our work is efficient and that any issues surrounding your billing personnel may be corrected.
Revenue Cycle Management
Revenue cycle management or RCM entails a review of how patients at a practice provide revenue. The revenue is tracked from the initial visit to the final payment.
Bariatric procedures often cost tens of thousands of dollars, thus requiring many payments. The RCM process should flow well to where there are no problems with any part of the effort, from the start of a claim to when you collect payments. We at Fortis can plan new RCM efforts to allow data to move forward and to produce clear and accurate reports on how the revenue enters your practice.
A Service You Can Trust
Our work at Fortis Medical Billing is about providing the medical billing support your bariatric practice requirements. We offer a 95 percent success rate in securing payments from clients, not to mention we have a 99 percent client retention rate. We do not charge any service fees either, so you know what you can expect when you ask us for support.
Contact Us If Your Bariatric Medicine and Surgery Practice Needs Help Today
Is your bariatric medicine and surgery practice struggling to build its cash flow? Is your in-house billing group or other billing company you work with not keeping up with the work at hand? Maybe your billing efforts aren’t modern enough, or you keep running into denials. Whatever the case is, we at Fortis Medical Billing can help.
You can contact us at (866) 808-4160 for details, or you can reach us online to learn more. We want to be there to simplify how you can provide your practice the revenue it needs. You’ll need enough funds to ensure your patients can receive the life-saving bariatric procedures they require. Our work at Fortis is all about giving you the support you deserve.
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.