Some hospitals, specifically, smaller community hospitals and specialty facilities, can find it difficult to hire and maintain a staff of qualified and experienced hospital coders. Therefore, many hospitals are forced to offer huge sign-on bonuses and other incentives in order to hire employees. By outsourcing medical coding services to a hospital coding company, hospitals and other facilities can reduce the costs of hiring medical coding experts as well as reduce or eliminate the other expenses associated with maintaining a staff of coding experts, while benefiting from the experience of certified coding specialists.
Outsourcing hospital coding services to a coding company can be beneficial for a variety of types of hospitals and treatment facilities including:
With the hospital coding services that are available from iMedX, a coding specialist company, we maintain a focus on meeting each of your specific coding objectives and achieving your goals. We can help your facilities manage their coding services and coding processes. Our certified coding specialists are available to provide hospital coding services on a long-term or temporary basis, and therefore, we are an effective solution to help your hospitals save money and achieve accurate and timely coding for patient records.
DNFB can be a big problem for hospitals. With our hospital coding services, we can help hospitals process backlogged coding in order to improve your overall revenue cycle billing process.
Because we have teams of coding experts available, we can easily adjust the number of coders working on a specific project in order to handle increases in coding without causing revenue cycle delays or backlogs. We can also offer temporary hospital coding services as needed to prevent backlogs.
Inaccurate hospital coding can result in expensive problems for hospitals as well as result in reduced or inaccurate revenue collections. At iMedX, our hospital coding experts and coding specialists have the experience and skill needed to deliver accurate coding results. In fact, clients who have audited iMedX’s work consistently report 95 to 98 percent accuracy rates.
The coding specialists at our hospital coding company have the experience and knowledge required to accurately code records for a variety of medical specialties.
Hospital coding services can offer greater flexibility, improve compliance, increase revenues, reduce delays and backlogs, increase efficiency, reduce costs, and offer a number of other benefits for hospitals and facilities. Because of this, working with a hospital coding company to outsource hospital coding services or to audit and improve your in-house coding department can be an effective step for any hospital interested in improving their medical coding process.
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We can help you identify and prevent future errors all while increasing your reimbursement.