4 Reasons to Outsource Wound Care Billing Services Wound care involves evaluating, management, and treatment of non-healing wounds. Wound Care, a subspecialty in the medical practice, now ensures that the Wound Care professionals are geared up to the challenge brought in by the new healthcare reforms and ICD 10 coding guidelines. With the new Affordable Care Act (ACA) coming into force, physicians are finding it a challenge to integrate all these guidelines in their coding and documentation and still provide quality care to patients. Moreover, Wound Care is being minutely looked at by the RAC (Recovery Audit Contractor), and especially when payer’s and clinician’s perspectives differ, debridement documentation may not stand up to the RAC audit. And to cap it, Wound Care professionals face – ever changing CMS rules & regulations, the presence of co-morbidities that exist in an average wound patient, the coding of modifiers, debridement’s documentation issues, all make for an abscess waiting to burst when it comes to Wound Care billing services. The crux of Wound Care billing problem emerges when the clinical staff have no answer as to what they are being paid for, and when denials in the Wound Care billing rise. In order to avoid high denials, outsourcing can come as an effective alternative to your in-house billing. Other than denials, outsourcing can also help in the other facets of medical billing and streamline your business. Here are few reasons why you could turn your attention towards outsourcing your Wound Care Billing: 1. Presence of Statistical anomalies: It is a well known fact that nearly 20% of Medicare fee-for-service beneficiaries are being readmitted within 30 days and 34% within 90 days. Can your staff handle this kind of readmissions? Is the documentation of them done as per the standards required? When you outsource, the billing company handles the tracking of potential readmissions and the respective coding and billing done appropriately so as to not attract the RAC in charge.
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