Gastroenterologist Billing and Collection Services

Nowadays, gastrointestinal issues are quite common. Bad food habits like consuming junk food, eating oily food, drinking impure water, and overeating, etc. can result in various kinds of digestive problems. Gastrointestinal issues may include abdominal pain, bleeding, ulcers, etc. In some cases, severe infections may lead to colon cancer. This is where gastroenterologists come in. A gastroenterologist is a physician holding specialization in gastroenterology. He/she is highly trained to identify symptoms of various kinds of gastrointestinal diseases. Considering the importance of gastroenterologists, the healthcare industry spends a significant amount of resources on gastroenterology. It involves investing in the latest equipment and medicine, encouraging new treatment and procedures, and hiring the best gastroenterology physicians. To ensure the smooth functioning of the gastroenterology department, almost every hospital is outsourcing medical administrative services to various medical companies.

Services Offered by Medical Companies

Gastroenterologist Credentialing: The first step in opening a gastroenterology department is to hire the best gastroenterologist. However, the interview process is both time-consuming and tiring. The hospital staff is required to spend a great amount of time in order to interview the candidates appearing for the post of gastroenterologist. This is where gastroenterologist credentialing comes in. Outsourcing this service makes the interview process more efficient and effective. The purpose is to verify the credentials of a gastroenterologist. Credentialing is directly linked to the evaluation of a candidate to prove his/her knowledge in the field of gastroenterology. It also helps the hospital staff to focus on increasing their productivity.

Gastroenterologist Billing and Collection: A lot of patients visit the gastroenterologist for treatment. Handling so many people and to bill them for the medical care they have received can be overwhelming. In addition to this, it requires a lot of time to prepare the bill and keep track of each patient. In such a scenario, outsourcing gastroenterologist billing collection service is one way to strike out billing responsibility from a physician’s worklist. This will help the gastroenterologist to be more productive in giving medical care to patients.

Gastroenterologist Insurance Verification: There are a lot of people who can’t afford to visit a gastroenterologist due to their economic conditions. Therefore, the healthcare industry offers the scope of getting treatment with the help of the health insurance policy. However, insurance claims are quite susceptible to denials and fraud, thus affecting the revenue cycle. This is where gastroenterologist insurance verification comes in. Outsourcing this service is one way to keep track of insurance authorization and reimbursement. It is one of the most reliable ways to prevent any unfavourable event that may affect the gastroenterologist’s finances.

Gastroenterologist Patient Statement: The insurance payer is obliged to pay the promised amount on behalf of the patient. Once the third party has fulfilled the promise, it is the responsibility of the patient to pay the remaining amount. In order to ensure the payment, the gastroenterologist patient statement turns out to be the most effective way. It gives details of the medical care service and charges that are required to be paid by the patient only.