ACCURATE CODING SERVICES FOR HOSPITALS AND HEALTHCARE PROVIDERS
As a leading revenue cycle and coding services provider, G2N offers superior medical coding services for healthcare providers. We employ a team of coding specialists who are experienced and dedicated to delivering accuracy and consistency, providing superior results for hospitals and healthcare providers. By maintaining an accurate knowledge of current coding practices and technologies, our medical coding experts deliver consistent, compliant coding to our clients. As coding standards evolve, our coding experts continue to offer consistently accurate and compliant results. By utilizing the coding services from our knowledgeable medical coding experts, your hospital or medical office maintains compliant coding and achieves accurate payments. Learn more about our Certified Coding Specialists at G2N.
The Impact of Accurate Medical Coding on Reimbursement
Uncoded charts and improper coding can have a significant negative financial impact on a healthcare provider’s bottom line. Improper coding results from utilizing inexperienced coders, lack of proper documentation, or an overall misunderstanding of coding principles. Coding issues can result in lost revenue and compliance issues, which both negatively affect any healthcare provider. Therefore, consistent and compliant coding using confident, experienced medical coders will greatly benefit any healthcare provider or hospital. For example, accurate and timely coding can increase days cash on hand and reduce DNFB and A/R.
When medical coding services are performed by an inexperienced coder, the individual may become confused, less than confident, or may be completely unaware of recent changes or procedures. These issues result in improper coding. Using confident and knowledgeable coding specialists, like those available from G2N, can help any provider avoid coding problems. Confident medical coding specialists are overall more knowledgeable and are more likely to seek additional information, when needed, in order to make the right decision. Additionally, our coding specialists at G2N are certified coders who provide consistent, compliant coding.
A common coding error example:
Confident and knowledgeable medical coding specialists are able to determine the appropriate coding solution for even difficult coding situations. This results in proper reimbursement for your hospital or medical office. The following is a coding example assuming a blended rate for a hospital for an MS-DRG payment of $5,000:
| Option A: Aspiration pneumonia without major complication/co-morbidity (CC/MCC) | MS-DRG 179 RW 0.9861 reimbursement of approximately $4,930 |
| Option B: Aspiration pneumonia with CC (such as malnutrition) | MS-DRG 178 RW 1.4887 reimbursement of approximately $7,443 |
| Option C: Aspiration pneumonia with MCC (such as acute diastolic CHF) | MS-DRG 177 RW 2.0667 reimbursement of approximately $10,333 |
With this example, one can see the direct financial impact of proper medical coding. Therefore, using medical coding experts who are able to spot an MCC on a case such as the above, could double the reimbursement amount your hospital receives.
Benefits of G2N Medical Coding Services
At G2N, we offer a team of dedicated, experienced coding professionals to address all of our clients’ medical coding needs. All of our medical coding experts will provide consistent and accurate coding by maintaining up-to-date knowledge, which allows them to follow current regulations and utilize current technology. Our medical coding experts will be prepared for the ICD-10 transition when codes will increase from 17,000 to 150,000. The professionals that provide our medical coding services maintain an emphasis on an ongoing education in order to remain current with industry changes. Our medical coding services boast a 95% - 98% accuracy rate for coding services provided to hospitals and healthcare providers.
If you are interested in learning how our medical coding services can help you, please contact us by phone at 314-835-9311 or by email at client-services@g2n.org.