Orthopedic Billing Services & Practice Management
A study states that approximately 35% of all orthopedic surgery claims are processed incorrectly by commercial carriers, with 15% never resubmitted. This statistic can be significant, especially for medical facilities handling a high volume of claims annually.
Managing these claims in-house with your own specialists and facilities can often lead to underqualified and underpaid practices. Professional orthopedic surgery billing services ensure a seamless revenue inflow with minimal delays and reduce claim denials.
Why Is Orthopedic Surgery Billing Complicated?
Orthopedic billing can be extremely complex if not handled correctly. Unlike many other medical specialties, orthopedic surgery billing covers a wide array of services and procedures. From joint replacements to complex spine surgeries, orthopedic surgery coding demands precise CPT codes and ICD-10 codes for accurate reimbursement.
Here at Hamly Business Solutions, we specialize in managing all aspects of your orthopedic practice’s revenue cycle to ensure you receive proper compensation for services provided.
Our Comprehensive Orthopedic Surgery Billing Services Include:
- AR Management for effective accounts receivable follow-up
- Orthopedic Coding by Certified Medical Coders familiar with ICD-10, CPT codes, and specific orthopedic surgery billing guidelines
- Medical Collections Services to streamline payments and reduce unpaid claims
- Orthopedic Provider Credentialing to ensure that your specialists are properly accredited for reimbursement
- Payer Contracting Services and Payer Contract Negotiations to optimize your reimbursement rates
- Claims Appeal Services to handle denied claims and resubmit them efficiently
- Orthopedic Practice Analytics to evaluate your billing performance and find areas of improvement
- Full Orthopedic Medical Billing management, ensuring compliance with industry standards
Why Choose Hamly Business Solutions?
We fully understand the nuances involved in orthopedic medical billing, such as how to correctly bill pain pump insertions, PLC reconstruction, and arthroscopies. With our services, you can expect the following benefits:
- Expertise in ICD-9, CPT, and post-op modifiers specific to orthopedic billing
- Nationwide orthopedic billing services
- Reduced compliance risk and HIPAA-compliant service
- Timely and aggressive appeals processes for denials and incorrect claims
- Quick turnaround times on claims submissions
- Regular updates on coding compliance to ensure adherence to the latest standards
With Hamly Business Solutions, you’ll receive the specialized care your orthopedic surgery billing process requires. Contact us today to learn how our expertise in orthopedic medical coding and billing management can improve your revenue cycle and reduce your administrative burden.
