Full-service revenue cycle and patient contact center solutions focused on maximizing operating margin.
As the United States’ aging population grows, so does the need for specialized wound care. Older adults are at higher risk for falls, diabetes, and other conditions that can lead to wounds and make it slower to recover.
The Centers for Medicare and Medicaid Services (CMS) have strict regulations and guidelines surrounding wound care, and failure to comply could lead to costly penalties. Understanding guidelines is essential for accurate billing. Working with an outsource partner who has a deep understanding of wound types, healing stages, and treatment options will help secure precise reimbursements and adherence to regulations.
Wound care is growing as a specialty; however, it is one of the most complex and expensive as reimbursement is often less than the cost of care. Patients may visit primary care physicians, emergency rooms, dermatologists, or other specialists to address their concerns, leading to variable billing practices that bring different results each time.
At Global Healthcare Resource, we cost-effectively streamline the billing process by operating as an extension of your team to fill in any gaps within your revenue cycle. We alleviate staff burnout by handling repetitive and time-consuming tasks such as charge entry, payment posting, prior authorizations, A/R follow-up, and everything in between.
Wound care does not have a dedicated subset within the coding system and many chronic conditions are lumped into the category making it one of the most confusing coding diagnostic types. Global’s internal training program “Global Academy” covers the complexities of wound care to ensure our coders can confidently navigate lengthy wound care summaries and meet key industry benchmarks for accuracy.
Our experienced billers and coders are also trained in all areas of revenue cycle management and call center services. You can focus on what matters most while we manage day-to-day administrative tasks like:
From outpatient wound care billing to comprehensive RCM services, Global Healthcare Resource is here to help your business thrive. Learn more about our compliance standards and operating protocol when you connect with us today.
