PreMD has deep expertise in Ob/Gyn billing and this expertise can generate significant value for your medical practice. Medical billing is a critical service that supports Ob/Gyn practices by submitting claims and collecting payments from insurance companies and patients.
It is quite common for over 20% of a practice’s collectible revenue to remain unclaimed because of improper coding and ineffective collection tactics.
One of the major drawbacks of hiring a medical billing company that does not specialize in Ob/Gyn billing is their lack of familiarity with the procedures and the terminologies used. This is particularly challenging with Ob/Gyn billing because of the constants changes being instituted in terms of recommended tests, new procedures and new technologies.
Moreover if the hired company does not specialize in billing for Ob/Gyns, then they will not have the expertise to effectively appeal denied claims or answer questions raised by the insurance companies. In addition, they will not have the expertise to know which diagnoses support each CPT.