Midwifery Pearls to assure you are maximizing your value
Medical coding and billing are essential components of the healthcare practice, which help to ensure that healthcare providers receive proper reimbursement for their services, bill compliantly, and track their wRVUs and Accounts Charged. Accurate coding and billing practices help to reduce errors and fraud, which can have a significant impact on both patient care and healthcare costs. Despite the importance of medical coding and billing, there are several challenges that medical coders and billers face. One common challenge is the complexity of coding guidelines, which can vary by payer, location, and medical specialty. This can lead to coding errors, denied claims, and lost revenue. In the most commonly used words of Grow Midwives CFO Arden Schwenker, Director of the GM Billing Service, when answering a midwife question about proper coding and billing you will hear Arden say, “it depends.”
This 90-minute webinar titled Practical Tips in Billing & Coding for Midwives is now available on Grow Midwives YouTube channel https://youtu.be/5fpYBTODHh8 Arden presents multiple patient encounter types that midwives care for every day and offers tips and pearls on accurate coding, how to maximize revenue, and how to request audits to assure you are capturing essential information in medical records charting. Now more than ever midwives need to be aware of accuracy related to their charting to assure patient care provision is captured, but also to assure one’s wRVUs and Accounts charged credit them for the work provided.