MEDICAL BILLING AND CODING : An Overview

For today's practicing physician, there is so much to do. Instituting, upgrading and perfecting electronic billing processes. Keeping abreast of all the new medical coding requirements. Billing and collecting enough to stay profitable, but not so much as to incur an audit by the federal government. Finding ways to stay compliant with the new HIPAA privacy and security standards without completely disrupting your office and re-designing most of your processes. Not to mention completing paperwork on each patient that is now estimated to take an average of 30 minutes per patient.

These factors, especially federal and state regulations, have greatly increased the need for experienced and certified coding and billing professionals. Private practices, clinics, emergency department physician groups, and hospitals simply cannot afford coding mistakes, yet most do not have the time or staff to properly and accurately bill those patients, in turn creating a demand for outsourced medical billing companies.

Naturally, as the expectations and standards for proper coding and billing procedures become more stringent, medical billing and coding companies are rapidly becoming a vital segment of the national healthcare industry. So much so, that traditional medical staffing firms have taken note, as they have expanded their suite of services to include physician coding and billing. Furthermore, publicly traded companies are quickly consolidating the medical billing and coding segment through the acquisition of smaller players.

But, for the past 25 years, Billingparadise's services division has specialized in physician billing and coding services. We are not only knowledgeable about the business challenges that your practice faces, but we also understand the issues that you are dealing with, day in and day out. We are medical coding and billing experts, and for the past quarter century, countless Billingparadise clients - private practices, to clinics, to emergency department physician groups to hospitals - have all been able to profit from our experience.