Neurology Billing Services | QWay

Neurology Billing

Neurology billing involves the submission and reimbursement of medical claims for neurological services, such as those provided by neurologists and neurosurgeons. It encompasses the detailed submission of claims to insurance providers, monitoring payments, and resolving any associated problems. Timely and precise neurology billing is crucial for securing appropriate reimbursement and facilitating the uninterrupted delivery of medical services. 

Neurology Coding

Neurology coding involves assigning standardized codes to medical procedures and diagnoses associated with the nervous system, encompassing the brain, spinal cord, and nerves. Precision in coding is essential for tasks such as medical billing, insurance reimbursement, and statistical analysis. This process relies on utilizing the CPT, ICD-9/10, and HCPCS code sets, managed by the CMS and the AMA, respectively. 

We specialize in improving revenue, ensuring accurate claim submissions, and preventing denials for neurology practices.    

QWay's Neurology Medical Billing Process

1. Patient Registration

·         Gather Information: Collect patient demographics, insurance details, and medical history.

·     Verify Insurance: Confirm insurance coverage and eligibility for neurology services to prevent claim denials.

2. Appointment Scheduling and Management

·         Schedule Appointments: Utilize scheduling software to manage patient appointments and reduce no-shows.

·         Pre-authorization: Obtain pre-authorization for specific neurology procedures and tests if required by the payer.

3. Medical Coding

·    Accurate Coding: Ensure accurate and specific coding of neurology procedures, diagnoses, and treatments using ICD-10, CPT, and HCPCS codes.

·         Compliance Check: Regularly update coding practices to comply with the latest coding guidelines and payer policies.

4. Charge Entry

·         Record Charges: Enter all neurology-related charges promptly and accurately into the billing system.

·       Review Entries: Double-check for any discrepancies or missing information to avoid errors in the billing process.

5. Claims Submission

·       Electronic Claims: Submit claims electronically to insurance payers through a secure and efficient system.

·         Timely Filing: Ensure claims are submitted within the payer’s timeframe to avoid denial due to late filing.

6. Payment Posting

·         Record Payments: Accurately post payments received from insurance companies and patients.

·    Reconcile Accounts: Regularly reconcile accounts to ensure all payments are accounted for and discrepancies are resolved.

7. Denial Management

·         Identify Denials: Monitor and identify denied or rejected claims promptly.

·         Appeal Process: Initiate the appeal process with accurate documentation and resubmission of claims.

8. Patient Billing

·         Send Statements: Generate and send patient statements for any outstanding balances after insurance payments.

·         Follow-up: Follow up with patients through reminders and phone calls to ensure timely payments.

9. Reporting and Analysis

·         Generate Reports: Produce regular reports on billing performance, payment trends, and denial rates.

·     Analyze Data: Use the data to identify areas for improvement and optimize the billing process for better efficiency.

QWay’s Unique Approach in Neurology Billing and Coding

QWay offers a unique approach to neurology billing and coding by providing tailored solutions that cater to the individual needs of each client. We distinguish ourselves in the following ways;

·         We have a specialized team that ensures precise and compliant billing resolutions for clients nationwide.

·         Our strict adherence to CMS and AMA guidelines, combined with our expertise in ICD-10 and CPT coding standards, sets us apart from others in the field.

·         We emphasize the importance of accurate clinical documentation through Electronic Health Records (EHR) systems, effectively reducing coding errors.

·         Our customized billing and coding services for critical care are specifically designed to meet the needs of individual practitioners or multi-specialty clinics/hospitals.

·         Operational efficiency is a top priority for us to minimize errors and maximize revenue generation.

·         As a member of the HBMA, we adhere to HIPAA and ISO regulations.

·         Our dedication to Quality, Quantity, and Quickness is demonstrated through our support of over 3500 providers in efficient revenue cycle management. 

QWay: Neurology Billing Company

Are you seeking a reliable associate to handle your neurology billing and coding needs? Our aim is to increase your income and streamline the claims submission process.

Please don't hesitate to reach out if you need help or have any inquiries. 

https://qwayhealthcare.com/specialty/neurology-billing-services/