Medical Coding
Medical coding is the process of analyzing clinical statements and assigning standard codes (ICD, CPT, and HCPCS codes) to various diagnoses and procedures reported in the medical records. Under this process, code is assigned to every patient chart that facilitates easy access of medical information used for insurance purposes. It plays a critical role in the overall medical billing process as accurate coding ensures quick reimbursements from the insurance companies.
Why Outsource your Medical Coding?
HIPAA guidelines have precipitated a push by healthcare providers to move toward a digital health record, not only in hospitals, but also in the general ambulatory and physician care environments. Handwritten notes are not meeting these new demands.
Many practices never really consider the total cost of coding to their practice when medical coding is done internally.
A good rule of thumb is to multiply your transcriptionists labor and benefits by 250%. Many businesses fail to consider the many indirect costs associated with in-house staff, such as:
Though we are in software industry, we have setup to do medical coding projects, it is best to outsource it to an experienced service provider. Since any mistake in medical coding procedure can directly impact the revenue cycle and delay reimbursements, outsourcing gives you a chance to get the most skilled & experienced medical coders at your side. Furthermore, outsourcing is a proven way to offload the burden, cut down operational costs, and get timely services for better returns.
However, savings are not the most important criterion. The following factors should be considered when choosing to outsource: medical transcription costs, quality and accuracy, turnaround time, and in-house staffing levels. All these factors can be summarized in one word -VALUE.
Why we are?
We entered into medical transcription industry in 2014. Now we provide a high quality, quick-turnaround, and extremely competitively priced transcription service to the Healthcare Industry.
With extensive hours of coverage combined with skilled staff, Prosys assures that your medical transcription services needs are met on time or even ahead of schedule. If your needs are affordable after hours or weekend coverage, Prosys can customize a plan to suit your specific needs
We strive to deliver:
- 98% error-free transcribed documents.
- Extremely Competitive transcription rates.
- Total accountability for quality of service and support.
- Secure HIPAA compliant Transfer & Retrieval of Files via our website.
- Individualized quote comparing your current transcription
- Personalized Service with the Quality and turnaround you expect