At the heart of every hospital’s Health Information Management Department are the Coding Services, where experienced coders capture the essential diagnoses and procedure codes necessary for fast and accurate billing. Your Coding Services team has great responsibility for cash flow and plays a critical role in Revenue Cycle Management. Today, the pressure on your coders has never been greater. Many hospitals are facing a shortage of qualified coders. This translates into extra hours, time sensitive pressure and greater expense for your health care organization.
Hiring, training and developing your own coders to fill current staffing needs and future growth requirements will continue to be a strain on your resources and budget.
Additionally, With ICD-10, RAC audits and other regulatory pressures on the horizon in 2013, it is estimated you may need up to 50% more coders than you currently staff!
Strategic thinking healthcare organizations are making preparations now for upcoming changes in 2013 to ICD-10. But what are you doing now to combat the issues facing you today? These problems will impact many departments, from Patient Access to billing, and will only get worse with ICD-10 implementation. Experts predict that productivity in hospital medical record coding will be reduced by 40%.
NCO Coding Services can help you address the most pressing issues in coding today.
- Shortage of qualified Coders
- Record backlogs due to staffing shortages
- Rising costs due to overtime and lost productivity
- High number of DNFB (Discharged Not Final Billed) charts
- Claim edits and re-billing due to coding errors
- Increasing cost of software expenses
Using your technology or our technology, NCO pulls cost and time out of the coding process and gives your staff more control. Our coding services solution combines the necessary technology and services to reduce the time from Patient Access to cash collection and takes the stress out of audits.
With the impending implementation ICD-10 of NCO Healthcare Services provides Coding Services that are custom fit to meet your needs today, with an eye on planning for your future needs.
Turn your coding department into a revenue generating department with coding services from NCO Healthcare Services. NCO pulls cost and time out of the process by utilizing technology and affordable off-shore services. Our services range from long-term contract coding services to audits and consulting services. And to assist with your planning for ICD-10 implementation, NCO Healthcare Services can provide assessments and support for an easier transition to ICD-10 in 2013.
Now you have additional Coding Services options that are proven and field tested, ready to assist you, whatever your medical coding needs may be.
As an industry leader in Health Information Management, NCO has the technology and the expertise to handle healthcare business processes more affordably, delivered on your site, remotely or at one of our many dedicated locations. Our Coding Services have grown due to our use of technology, our experienced people, and our processes - continually on top of the latest changes in the industry. Since we are a global resource, we can help any hospital system or single hospital, large or small, when they need help with their coding services with NCO’s affordable coding services option.