WILMINGTON, Delaware, April 23, 2013 /PRNewswire/ --
Medicalbillersandcoders.com's internal medicine experts have recently witnessed an increasingly high demand for medical billing services in Florida. MBC recognizes that this is partly due to several professional challenges intrinsic to the discipline, and also due to the fact that Florida is amongst the lowest paying states for Medicaid internal medicine specialist rates.
This dismal state of payment owes mainly to the fact (apart from Florida being a low fee center) that the services provided by internal medicine specialists come under Medicaid which involves much lower rates than Medicare. To bring about a balance between Medicare and Medicaid, medical authorities have equaled Medicaid rates with those of Medicare on a pilot basis applicable until December 2014.
But, alas, at a state level, this will significantly alter policies, claims systems, provider databases and data reporting. MBC realizes that these state-level policy and procedure alterations will drill down to change the way internal medicine specialists make claims and track claim-related documents. MBC has been helping many internal medical specialists in Florida to handle challenges arising from this new rate parity.
MBC noticed the following areas will be of prime concern for internal medicine specialists-
The challenges outlined are going to affect internal medicine specialists in all states that are undergoing this fee parity initiative. But MBC understands that the challenges are going to affect the specialist differently depending on size and nature of the practice and consequently has a different approach depending on the practice.
MBC's role in assisting Internal Medicine physicians in Florida
The challenges outlined above evidence various areas of concern like- right documentation, staff training for appropriate use of codes, tracking codes which have been used previously etc.
As part of the Revenue Cycle Consulting services, MBC performs-
Many internal medicine specialists from small to large sized set- ups, in Florida, have opted for MBC's services entirely shipping out their billing and coding responsibilities to MBC - so that their staff can continue to focus on medical activities even as they seamlessly realize claims becoming beneficiaries of the rate increase rather than its victims.
MBC has helped internal medicine specialists overcome challenges linked to fee parity initiative-
Medicalbillersandcoders.com is the largest 'Consortium of Medical Billers and Coders,' across the US. The portal brings together hundreds of billers, with experience in different specialties ( Internal Medicine Billing, Cardiology Billing, Podiatry Billing, Family Practice Billing, Radiology Billing ) on the same platform to service physicians in their local areas. This network of coders and billers is growing rapidly and is currently servicing over 50 specialty physicians, across the US. (California Medical Billing, Florida Medical Billing, Georgia Medical Billing, New York Medical Billing )
Prerna Gupta , Media Relations
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Wilmington, DE 19801
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