How Can A Medical Coder Help my Healthcare Business? – 2020 Guide

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The medical industry is full of various jobs, some better known than others. With the growth and evolution of technology, it’s understandable that even the healthcare industry will have growing technological needs. However, you may not know exactly what those needs are until it’s too late or you do a bit of research.

One of the best ways to help your medical business is through the service of a medical coder. Although this position is not as well known or as popular as doctor or nurse, medical coders are vital to the organization and structure of a healthcare business. Without one, your healthcare business is a sitting time bomb.

You always want the best for your business, so if you’re in the healthcare industry, you should consider hiring a medical coder. Don’t be afraid if you’ve never heard the term before. We’ll explain just what a medical coder does and how one can help your healthcare business below.

What is a Medical Coder?

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Plainly put, a medical coder is someone who changes healthcare diagnoses, procedures, services, and equipment into the universal medical alphanumeric code. A medical coder takes the complicated language of healthcare and translates it into basic code that can be read by medical professionals, insurance companies, or any other services that read medical code.

A medical coder ensures that all of a patient’s information is entered correctly and accurately to make records and bills accurate. If something is entered wrong, it is easier to go through and trace the problem if all the records are filed in a straightforward, universal manner.

How Can a Medical Coder Help Your Healthcare Business?

Now that you know what a medical code expert is, it’s time to find out how they can help your healthcare business. There are several benefits a medical coder can provide your business, but below are some of the most important.

1. It’s More Cost-Effective

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You can find many different healthcare coding tools and services that are available for a fee, but you’ll find they tend to cost you much more than outsourcing the work to a medical coder. You’ll quickly save money when not hiring one in-house employee as this can cost up to three times as much as outsourcing the same work.

2. Increase in Accuracy

A medical coder goes through lots of training to become certified in their field. When outsourcing the work to a medical coder, you can ensure an increase in accuracy that results in lower claim rejections. As you search for a medical coder, make sure to find one that guarantees accuracy to protect your business from costly errors.

3. Scalability

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An outsourced medical coder can ensure quick deployment of medical coding services without sacrificing scalability. When you have an in-house medical coding team, it can be more difficult to grow and expand your business than when outsourcing the work.

4. Better Focus on Healthcare

If you really want to make sure all the medical coding is accurate and quick, you’ll need a fully staffed team that has a deep understanding of both the medical coding process and healthcare compliance requirements. Finding an in-house team that meets your expectations without exceeding costs can be difficult.

When you outsource to a medical coder, you’ll receive quality work within a reasonable time. You’ll gain back the time you would have lost with an in-house team and be able to focus more on your healthcare business.

5. Certified Specialist

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Because your business is healthcare-related, there are all sorts of obstacles and requirements you have to meet. Finding someone who is both skilled in their work and familiar with all medical requirements can be difficult. However, medical coders are well aware of all healthcare regulations and are familiar with ensuring their work meets the standards. By hiring a medical coder to take care of the work for you, you hire a certified specialist that will take care of it all with ease.

Medical Expert Witness

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Medical expert witnesses are physicians, nurses, surgeons, and other licensed practitioners whose skills and experience are needed to testify in a particular medical field. In personal injury and medical lawsuits, attorneys often use medical expert witnesses during the discovery and trial stages.

In medical malpractice cases, medical expert witnesses are usually called upon to testify on a variety of subjects based on their experience. These issues include standards of care and the cause of long-term impacts of medical conditions. Although medical expert witnesses are correlated with testimony from the stand, an expert will provide value at every stage of litigation. The findings of a medical expert witness can help attorneys determine the merits of a case prior to proceeding to file a lawsuit. Medical expert witnesses are also critical to the progress to discovery and trial.

It’s important to choose a medical expert witness who is board certified and knowledgeable in the areas that are important to your case. Something else that is equally as important is deciding on an expert who is actively practicing in the United States. Physicians who practice medicine typically join the AMFS network which allows them to participate in the medical-legal process without losing their credibility and detail to their practice.

If you find yourself in need of a medical expert witness, reach out to EvolvMD, Inc. This company employs medical expert witnesses who have the skills and knowledge to testify on your behalf.

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Conclusion

There are many more benefits your healthcare business may see when choosing to hire a medical coder. With the growth of technology and the improvements in daily life, it’s important to keep your business up to date as well. Not only can hiring a medical coder to make your business run smoother, but it can also improve relationships with your clients as you watch errors disappear and daily workflow better.

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