Radiologists have been the “poster child” for reimbursement cuts with 12 Medicare cuts since 2006! Far more than any other specialty. In addition, imaging tests have been subject to prior authorization for the past several years. As a result, radiologists demand that their coding and billing be done to top-notch standards. This can be difficult because radiologist billing has a number of unique and sophisticated requirements which vary by insurance company and location.
In this challenging environment, radiologists and their hospital partners look for a coding and billing partner with proven expertise in radiology: e.g. capturing and translating pre-auth information correctly, careful review of radiologist’s reports with ongoing feedback for ways to improve compliance and accuracy (e.g. the specificity of diagnoses is becoming much more important with ICD-10), fast and accurate capture of electronic information from ADT, RIS and PACS systems, etc.
AdvantEdge delivers customized, expert radiologist billing and coding solutions that meet these challenges. Including practice management options that reduce administrative costs and distractions. AdvantEdge clients see consistently strong financial results with net collection rates in the mid to high 90’s, Days in A/R in the low 30’s and Days over 120 under 10%.
But everyone at AdvantEdge knows that financial results are not the only requirement of radiology clients: service is also essential. As a result, the company operates with a ClientFirst philosophy built on responsive service, personalized workflows, feedback and education and an entire team focused on the group’s success. ClientFirst service includes delivering exactly the information required, anytime, anywhere. The AdvantEdge InfoEdge portal is an easy way for each stakeholder in your group and hospital to have reports, dashboards and business intelligence at their fingertips. Call us now on 877 501-1611 to arrange a demonstration.
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