cpt codes

podiatry medical billing

Podiatry billing guidelines are established by the Centers for Medicare and Medicaid Services (CMS) and the American Medical Association (AMA). The various billing procedures used by each insurance company must therefore be understood. Procedures are identified by CPT codes, diseases are categorized by ICD-10 codes, and non-physician services, such diagnostic testing or medical supplies, are identified by HCPC codes. Podiatrists can increase their reimbursement and lower their risk of billing errors by using expert billing and coding services. While surgical services could involve operations like bunion surgery or ankle reconstruction, medical services might include normal foot care and treatment for ailments like diabetic foot ulcers or plantar fasciitis.

podiatry medical billing

Frequently Asked Questions

Podiatry medical billing is the process of managing insurance claims for healthcare services provided by podiatrists. This includes verifying coverage, proper coding, claim submission, and following up on unpaid claims.

Hiring a specialized podiatry medical billing company can bring many benefits to your practice. They can help optimize revenue, reduce claim denials, ensure compliance with regulations, and free up staff time. This allows podiatrists to focus on providing quality care to their patients.

Podiatry medical billing companies utilize specialized software systems and trained professionals to ensure accurate coding and claim submission. They stay up-to-date with the latest industry developments and regulations, and they follow up on unpaid claims to rectify errors when necessary.

The time it takes to receive reimbursements for podiatry services varies depending on the insurance company, the nature of the service, and the complexity of the billing process. In general, it can take anywhere from a few days to several weeks to receive reimbursements. A reliable podiatry medical billing company can help streamline this process and ensure timely reimbursement.