On February 16, 2006, the Health Insurance Portability and Accountability Act was finalized, and enacted. This law is designed to establish national standards for all health care transactions, and to ensure the security and privacy of all health-related information. Your chiropractic healthcare information, as you know, is affected by HIPAA, which also affects your billing methodology.
The motivation behind this law is to improve the performance, and efficiency of our health care system. This type of reform has created a need for qualified individuals who can utilize the tools of this legislation, and assure full compliance, and maximum reimbursement. It would be a wise move for health care facilities to employ such qualified and educated individuals in order to avoid mistakes that could have dire consequences.
The proliferation of medical knowledge following World War II brought about an explosion of diagnostic, and treatment procedures. As a result, there became a need to organize and standardize all these developing technologies. Here is where the foundations of medical coding were born. Medical coding for chiropractics has some unique differences that reflect in the billing mechanisms.
Since improvements and refinements of medical procedures are constantly being developed, codes must be added and updated to reflect these changes. Today, the number of medical and surgical procedures have become enormous, so too have the codes to describe them.
The vast number of codes that are in use today, as well as the wide array of difference between standard medical coding and chiropractic medical coding, make a billing company for your chiropractic practice nearly essential today.
In order to save time and money, chiropractic medical billers can be a viable option. Please contact us to learn more about our chiropractic billing options.