Pediatric billing focuses specifically on billing for the care given to children. Just because the age group is limited does not mean that the types of care are also limited. In fact, pediatric billing can be quite complex.
How Does Pediatric Billing Work?
Like other specialties, pediatric billing requires proper and time-sensitive documentation. Your pediatrician serves a diverse range of conditions, procedures, diagnostics and treatments – recording all of the necessary information for each patient. A medical coding specialist then translates the visit into corresponding numerical codes in order to communicate with providers. This documentation is not only vital to the revenue cycle but also practice management; your practice can use it for cost and service analysis.
Billing Advantage specializes in practice management and coding, as well as billing. Our number one priority is quickly securing your payments from insurance providers while maintaining HIPAA compliance. From the initial bill through follow-up, Billing Advantage takes the stress off of your already busy schedule.
Pediatric Billing Software
Reliable billing software not only handles billing but also organizes scheduling and patient information. In fact, many software programs can carry out a variety of more advanced functions. However, learning how to operate the software and take advantage of all that it offers requires time commitment that your staff may not have. Instead, you may choose to hire a third party agency like Billing Advantage to perform these tasks.
On top of having a reliable team at your disposal, Billing Advantage also provides access to a software program called Kareo, which is highly trusted for both security and reliability. We are very flexible to your needs, from the method of data exchange to the amount you want to be involved. In addition, your clinic has 24/7 access. A software program in itself is just a tool, but Billing Advantage agents have had years of experience to learn and use Kareo to its fullest.
How Much Does Pediatric Billing Service Cost?
The financial stability and longevity of your practice is directly related to the management of the revenue cycle. Mistakes in improper documentation, coding and billing can result in thousands of dollars lost each year. Instead, investing in Billing Advantage up front allows you to eliminate those losses for a small fee. You get maximum reimbursement and cleaner claims without the hassle and money spent through appeals and re-filing.
Billing Advantage has a one-time startup fee of $300 per clinician, in addition to a small percentage of the revenue. Pediatric billing has never been so secure, transparent, or easy – get started today!
Submit a free quote request and see how we can help your business.