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One of the specialties in medical insurance billing that requires expert knowledge to handle is undoubtedly radiology billing. The frequent changes in coding and collections regulations have made the already-complicated radiology billing more cumbersome. Similar to other hospital affiliated specialty billing, radiology billing also has some unique requirements that differ from the usual healthcare billing. It is therefore necessary that provider billing staff are trained in the nuances of billing diagnostic radiology for a profitable reimbursement. Now, let’s take a look at these nuances in detail:
Understanding Different Components: While processing radiology billing claims, one must be able to clearly differentiate between the technical and professional components. The medical equipment used for performing radiology and the measurement of its usage are billed under the technical component. The reading of the diagnostic radiology information of patients and listing the findings by the Radiologist is categorized under the professional component.
Global Billing of Diagnostic Radiology:
Independent Billing of Diagnostic Radiology:
RIS PACS: With the growing shortage for radiologists in the US, there is a necessity for implementing RIS (Radiology Information System) and PACS (Picture Archiving and Communication System). Using these technologies, the patient’s radiological data and imagery can be outsourced to radiologists to acquire clinical readings.
Outsourcing Diagnostic Radiology Billing: After reading the aforementioned nuances, one would have clearly understood the complexities involved in billing diagnostic radiology claims. Performing the job in-house with employees who have limited knowledge about radiology billing is a big risk. Therefore, the best risk mitigation option would be to outsource radiology medical billing to a reputed medical billing company.
About MGSI:
When it comes to diagnostic radiology billing, look no further than MGSI. This reliable and reputed medical insurance billing company is based out of Florida, US. With more than 20 years of experience in the domain, it has earned the goodwill of several clients across the US. For more details, log on to www.mgsionline.com.