Friday, May 11, 2012

CPT Codes Online: Reducing slip-ups and the time it takes to get paid

With so many Current Procedural Terminology (CPT) codes doing the rounds today, coding right have become a difficult proposition. The astounding number of available procedure codes often results in incorrect coding thus resulting in expensive billing and reimbursement follies.

If you want to get the coding right the very first time, research and careful considerations are the key. There are various sources of access for the Current Procedural Terminology codes, both online and offline.

Electronic CPT codes help; Electronic Medical Record (EMR) and practice management solutions now integrate CPT codes directly into their software to perk up the process. Offices have the option to choose frequently used CPT codes, incorporate them into their software and make use of this code set to make simple the correct-coding procedures. This does away with the goof-ups and saves time in the billing and reimbursement process.

Doctors and nurses can use CPT codes online to estimate patient payment portion correctly before finishing the patient visit. In addition, integrated CPT codes allow an office to use real-time electronic charge capture.

Online CPT codes enable point-of-service charge capture which accelerates the reimbursement process, reduces coding slip-ups and eliminates lost charge slips. Industry averages indicate that medical offices misplace 2-4 charge slips per week, resulting in loss. Electronic charge slips used with online CPT codes can get rid of lost charge slips and the overlooked revenue, all this while minimizing mistakes and the time it takes to get paid.

Therefore it goes without saying that the whole process of medical coding and billing becomes easy with the online access.

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