The secret to efficient cardiology coding services lies in the experience and expertise of the medical coding staff. An inaccurate medical billing and coding service can severely impact a cardiology practice’s finances and make operations unsustainable.
A 2022 study by the Medical Group Management Association, reported that, “cardiology practices lose an average of 4.2% of their annual revenue, amounting to an estimated loss of $1.6 billion/year due to inaccurate coding services.”
Common Factors that Contribute to Errors in Cardiology Coding:
Medical coding is an exact practice, demanding a very high degree of accuracy and precision. More often than not, healthcare practices are seen struggling with coding a claim correctly, thereby leading to denials and rejections. Most of these struggles arise from a number of aspects such as,
- Lack of understanding of the medical decision-making process
- Lack of awareness of CPT / ICD-10 code updates
- Failure to update charge sheets
- Frequent changes in coding guidelines
- Manual errors
- Staff turnover
To ensure all provided medical services are reimbursed, it is important to have a fluid communication channel between the clinical staff that handles charge capture and the cardiology coding department that assigns medical codes. This communication channel helps staff avoid providing services that can’t be coded due to various reasons.
Our cardiology medical coding teams are expert at spotting errors in charge capture and identifying CDM disparities that help improve accuracy of claims and reduce claim denials.
Highlights of Sunknowledge’s Cardiology Coding Services
- AAPC-certified Cardiology Coding Specialists
- Regular training and assessment of coding staff
- Audits and reviews at every stage of the revenue cycle
- Decades of medical coding experience for cardiology procedures
- Telephone and email “helpline” services
- Customized reporting to track every metric
- Accurate usage of combination codes and modifiers
Our Areas of Expertise in Cardiology Coding
- Surgical Cardiology Procedures:
- Coronary artery bypass grafting (CABG)
- Artificial pacemaker implantation
- Defibrillator implantation
- And others
- Interventional Cardiology Procedures:
- Coronary angioplasty and stent placement
- Atherectomy
- Rotablation
- Balloon valvuloplasty
- Transcatheter aortic valve replacement (TAVR)
- Diagnostic Cardiology Procedures:
- Peripheral Studies
- Diagnostic Cardiology Procedures
- Cardiac and Peripheral Interventions
- Pediatric Cardiology
- Nuclear Medicine
- Ansar testing
- Diagnostic cardiac catheterization
- Coronary angioplasty and stent placement (can also be surgical, but I am classifying it as diagnostic here because it is often used to diagnose coronary artery disease)
- Echocardiogram
- Stress Test
Our Areas of Expertise in Coding for Cardiology Sub-specialties:
- Cardiothoracic surgery coding
- Electrophysiology coding
- Advanced cardiovascular imaging coding
- General cardiology coding
- Congenital cardiology coding
- Structural heart disease coding
- Echocardiology coding
- Pediatric cardiology coding
- Cardiogeriatrics coding
- Interventional cardiology coding
- Preventive cardiology coding
- Cardio-oncology coding
Sunknowledge: The Definitive Destination for Complete Cardiology Coding
We provide full support in various kinds of coding, including:
- Procedure coding
- Diagnosis coding
- Claim submission
- Denial management
- A/R Collections
- Compliance auditing
Outsourcing your coding requirements to Sunknowledge comes with a host of benefits, such as:
- Increased revenue by up to 2X
- Significantly lower denials
- More time to focus on patient care
- Reduced non-clinical administrative costs
- Alignment with healthcare institutes’ goals
- Analytics & reporting
- Compliance
For an unbiased consultation on professional cardiology coding services you can count on Sunknowledge Services Inc., with its almost two decades of rich industry experience, to guide your practice towards revenue cycle optimization.
Unleash the Sunknowledge advantage in your practice today. Contact us for a free consultation.