We recognize that healthcare providers lose millions of dollars annually due to inefficient management of medical claims. Partnering with a reliable pulmonology billing company like BilNow can help your practice not only halt financial losses but also enhance your billing collections. Our team works diligently to reduce outstanding accounts receivables by submitting claims promptly (within 48 hours) and streamlining claim cycles. On average, 80% of accounts receivables are collected for our clients in less than 60 days.
Did you know that managing an in-house billing department can be more expensive than outsourcing your pulmonology billing services? It’s true! Partnering with pulmonology billing service providers can help you eliminate high operational costs, such as maintaining advanced infrastructure, hiring and training certified billers, and, most importantly, investing in technology. By paying a fixed fee to medical billing companies, you gain access to a larger talent pool while maximizing your return on investment.
Pulmonology medical coding and billing can be complex and challenging due
to the constantly changing guidelines and industry regulations. Additionally, specific coding
limitations for certain pulmonary procedures, such as the inability to bill for CPT code 94640
(Pressurized or non-pressurized inhalation treatment for acute airway obstruction) and 94644
(Continuous inhalation treatment with aerosol medication for acute airway obstruction), make
pulmonology billing more intricate compared to other medical specialties. These restrictions
underscore the necessity of specialized knowledge and expertise in CPT and ICD-10 coding for
pulmonology procedures. This is precisely what BilNow delivers
Our expert team of certified billers and coders ensures that your practice stays compliant while
maximizing reimbursement for the healthcare services provided to your patients. Allow us to manage
your revenue cycle, giving you peace of mind—knowing that your billing process is in the hands of
professionals who not only understand the rules but excel at applying them to benefit your practice.
Skilled Pulmonology Coding Specialists
Enhanced Reimbursement Compliance
With a proven track record of collaborating with pulmonology practices, we
strive to achieve a remarkable 25-30% increase in practice revenue. Additionally, you can reduce
overhead costs by up to 25% without compromising the quality of your billing services.
Our systematic approach to managing pulmonology billing services minimizes billing errors, boosting
your claim's first-pass acceptance ratio to an impressive 96%. One of the greatest advantages of our
partnership is the transparency and freedom we offer, providing you with clear insights into your
financials. Understanding where your money goes isn’t just your right—it’s our promise.
Managing Payer-Specific Requirements
Navigating the complexities of pulmonology billing can be challenging due to the diverse policies of
Medicare, Medicaid, and private insurers. Each payer has distinct guidelines that frequently change,
which can lead to compliance issues. Staying updated on these requirements is essential to prevent
claim denials and delayed payments.
At BilNow, our dedicated team specializes in managing these payer-specific requirements,
ensuring accurate billing and seamless reimbursement. By meticulously navigating and adhering to
each payer’s regulations, we empower you to concentrate on delivering exceptional patient care
without the stress of administrative hurdles.
Our regular denial analysis and monthly accounts receivable (AR) reports
provide clear insights into outstanding amounts, reasons for denials, collectability, and overall
performance. This commitment to transparency ensures our clients are fully informed and satisfied with
our services.
✔️ Enhanced Communication Channels
✔️ Performance review