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BILLING & CODING SERVICES: An Overview
Billing companies are rapidly becoming a vital segment of the national healthcare industry.
Due to the recent changes in federal and state laws (i.e.: HIPAA), paperwork has become a tedious task, averaging out to 30 minutes per patient. The regulations put on coding and billing professionals by HIPAA and CMS have greatly increased the need for experienced and certified healthcare professionals. Practices, clinics and hospitals simply cannot afford coding mistakes, yet they do not have the time or staff to properly and accurately bill those patients, in turn creating a demand for outsourced medical billing companies.
National players have taken note, as traditional medical staffing firms have expanded their services to include coding and billing and accounts receivable management, and publicly traded companies are consolidating the segment through acquisition.
For the past 25 years, Applied Medical Services' Profit Solutions services division has specialized in medical coding, auditing, and billing. And dozens of Applied Medical Services clients have been able to profit from our experience.
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