Medical Billing For Cardiology

Recent changes to coding and billing regulations have led to considerable fee reductions in cardiology over the last several years. While the average Medicare fee increased by 1.1%, Medicare fees for cardiology have declined by nearly 2% year over year. If your cardiology billing department is not fully aware of these ongoing changes and the necessary response methods, you may see a significant negative impact on your practice’s bottom line.

Cardiology medical billing is inclusive of all practices related to cardiology, including procedural and diagnostic services. Accurate documentation of all the procedures performed and all diagnostic services attended to is required to make a convincing and conclusive cardiology billing.

Accurate documentation requires a working knowledge of cardiology codes, coding rules, and compliance standards.

In some situations, Insurance companies challenge the judgment of a cardiologist for making a procedure necessary. Therefore, it’s imperative for cardiologists to provide an up to date, accurate report on the patient’s current condition to thwart suspicion.

Disproving medical opinion is relatively simple if there are no supporting facts to the claim, and compensation for the procedures performed may be declined due to the lack of the necessary proof to validate a cardiologist’s call.

Also, cardiology billing is complex and requires a high level of experience and knowledge for appropriate coding, modifier application and general medical billing procedures. Billing specifics such as checking medical necessity verification, selective and non-selective catheterization coding, component coding, etc., require ever increasing levels of billing expertise and efficiency.

Why Choose Us

Magnus medical billing has several years of experience in cardiology billing. At Magnus medical billing, we will work hand-in-hand with your practice to help identify problem areas such as the correct use of modifiers, and educate your practice on best-in-class medical billing practices and procedures. Our team of certified medical billing experts and medical coders will manage all aspects of your cardiology billing to help ensure your practice receives proper compensation for services provided.

We will also minimize errors and greatly reduce the chances for claim rejections, resulting in better turnaround time and higher revenues for your practice. We can reduce your rejection rates to less than 1%, and can increase your practice revenue by as much as 492%.

And finally, Magnus medical billing will help in minimizing errors and significantly reduce the chances for claim rejections, resulting in better turnaround time and higher revenues for your practice. We can reduce your rejection rates to less than 1%, and can increase your practice revenue by as much as 492%.

Contact us today for a complimentary analysis of your billing, coding and requirements.