WILMINGTON, Delaware, April 9, 2013 /PRNewswire/ --
With the Family Physicians revenue cycle management in a state of transition due to the upcoming Affordable Care Act (ACA), Medicalbillersandcoders.com has witnessed a large demand from Family Medicine practice centers across the US keen on outsourcing their billing functions to MBC in order to enhance their RCM.
The ACO impact on Family practice billing and coding
The impact Accountable Care Organizations (ACO) will have on these practices explains the reason behind an increased number of Family practices currently rushing to MBC for their billing solutions.
Though the ACO environment may benefit these practices by promoting primary care hence making it accessible and improving provider reimbursements, it also brings with it many changes as it prompts federal and commercial payers to change the way they make payments. The challenge it provides to Family practice billing and coding is that they would require transitioning their reimbursement models from volume-based to value-based to a higher number of patients with little time left for billing.
MBC's billing and coding experts believe that "Family Physicians within the next five years will need to adopt the new revenue reimbursement models as a result of ACA. Though this may seem simple enough, practitioners will need to work much harder to maximize their revenues."
Identifying resulting revenue transition challenges
MBC understands that in the ACO environment accurate medical coding and billing is vital to maximizing revenue, being aware of the resulting issues they face with this transition, -
How MBC has been guiding Family Medicine Practitioners
Medicalbillerandcoders.com is aware that improved Family Practice revenue cycle management requires in-depth, insider industry expertise of the new coding, billing and compliance regulations. MBC specialists continuously correlate higher practice revenue to timely billing and account reimbursements, offering best billing strategies, models and consultancy and providing guidance in areas like population health management.
Originally posted here:
MBC Guides Family Medicine Practitioners to Effectively Tackle the ACA Impact!
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