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Prosthetics and orthotics involve a range of services and products, including custom prosthetic limbs, orthotic devices, and related fittings and adjustments. The complexity of these services requires accurate
documentation and coding to ensure proper reimbursement. RevIQ Solutions LLC has the expertise to handle these complexities, ensuring that your billing practices are managed with precision and efficiency.
Our prostheses billing services cover all aspects of revenue cycle management. Our team of certified coders is proficient in the specific CPT, ICD-10, and HCPCS codes used in prosthetics and orthotics, ensuring that all services are accurately documented and billed. We handle charge entry with meticulous care to capture all billable services and products, preventing revenue loss due to missed or incorrect charges. Additionally, we manage the timely submission of claims to insurance payers, ensuring that each claim is complete, accurate, and compliant with the latest payer guidelines.
Effective denial management is a key component of our services. We proactively address denied claims by identifying the underlying issues, making necessary corrections, and resubmitting the claims to recover lost revenue. Payment posting is conducted with accuracy, ensuring that all payments are properly recorded and providing a clear view of your practice’s financial status. Our patient billing services are managed with clarity and professionalism, helping patients understand their financial responsibilities while efficiently handling collections.
Our robust medical billing KPIs are measurable, specific, and aligned with your practice’s financial goals. The results? Accurate claim transmissions, better patient care, and faster reimbursements.
We are committed to thorough follow-up on all outstanding claims and patient balances, ensuring that your prosthetics and orthotics practice receives full payment for the services provided. Compliance with industry regulations is a top priority, and we stay informed of all regulatory changes to ensure that your billing practice align with current laws and guidelines, minimizing the risk of audits and penalties. Additionally, we offer comprehensive financial reporting and analytics, providing valuable insights into your practice’s performance and helping you make informed decisions to enhance revenue.
Partnering with RevIQ Solutions LLC for your prostheses billing needs means optimizing your revenue through accurate coding, efficient claims management, and diligent follow-up. Our services lead to faster reimbursements, improved cash flow, and reduced administrative burdens, allowing your staff to focus on
providing exceptional prosthetic and orthotic care. With our expertise, your billing practices will remain compliant with the latest regulations, protecting you from potential audits and penalties. Our detailed financial reporting provides a clear understanding of your practice’s financial health, aiding in better strategic planning and growth.
At RevIQ Solutions LLC, we understand the unique challenges of prostheses billing and are dedicated to supporting the financial success of your practice. Our specialized services are designed to streamline your revenue cycle, improve operational efficiency, and allow you to concentrate on delivering high-quality
prosthetic and orthotic care. Trust us to handle the complexities of billing so you can focus on what you do best enhancing the lives of your patients through advanced prosthetic and orthotic solutions.
Contact Us today to learn more about how our prostheses billing services can benefit your practice and help
you achieve your financial goals.