In recent years, remote medical coders have become increasingly hired by health organizations. This is due to the shortage of labor in healthcare. This process involves hiring a medical coder who works remotely, often from a home office, that is experienced in your EMR and can review medical records and assign the appropriate diagnostic and procedural codes. Remote medical coding has many benefits including cost savings, improved efficiency, and higher accuracy rates.
Cost Savings
One of the most significant benefits of using a remote medical coder is cost savings. By hiring a MedCore remote medical coder, healthcare providers can save up to 40% on the traditional costs associated with on-site staffing. These include office spaces, equipment, and benefits. Additionally, our medical coders are paid on an hourly basis, full-time. This allows healthcare providers to adjust staffing levels as needed without incurring additional costs.
In addition to saving on staffing costs, remote medical coding can also help healthcare providers save on coding errors. Remote medical coders prevent costly errors and denials by ensuring coding is accurate and compliant with regulations. This can be especially beneficial for practices that are struggling with revenue cycle management or are experiencing a high volume of claims.
Improved Efficiency
Another key benefit of using a remote medical coder is improved efficiency. By outsourcing medical coding tasks to a remote professional, healthcare providers can free up valuable time and resources that can be better spent on patient care. Remote medical coders are often highly skilled and experienced professionals who can complete coding tasks quickly and accurately, allowing healthcare providers to focus on other important tasks.
Remote medical coding can also help improve workflow and streamline processes within a practice. By using a remote medical coder, healthcare providers can eliminate the need for in-house coding staff, which can reduce administrative burdens and improve overall productivity. Additionally, remote medical coders can work flexible hours, which can help healthcare providers meet their coding needs without sacrificing patient care or other important tasks.
Higher Accuracy Rates
Accuracy is a critical component of medical coding. Inaccurate coding can result in claims denials, lost revenue, and potential legal issues. By using a remote medical coder, healthcare providers can ensure that their coding is accurate and compliant with all relevant regulations.
MedCore remote medical coders are highly skilled and experienced professionals who are trained in the latest coding guidelines and regulations. They are also certified in medical coding, which requires passing rigorous exams and meeting ongoing continuing education requirements. This ensures that remote medical coders are up-to-date on the latest coding trends and best practices, which can help improve accuracy rates and prevent costly errors.
Additionally, remote medical coders are often able to review medical records more objectively than in-house coders. This is because they are not as closely tied to the practice and may be able to identify errors or discrepancies that in-house coders might miss. This can help improve accuracy rates and reduce the risk of coding errors.
Improved Compliance
Compliance is a critical component of medical coding. Healthcare providers must comply with a variety of regulations, including HIPAA, CMS, and other federal and state regulations. Failure to comply with these regulations can result in costly fines, legal issues, and damage to a practice’s reputation.
By using a remote medical coder, healthcare providers can ensure that their coding is compliant with all relevant regulations. Remote medical coders are often highly trained and experienced professionals who are well-versed in the latest regulations and guidelines. They can also help healthcare providers identify and address compliance issues, which can help reduce the risk of fines and legal issues.
Additionally, remote medical coders are often able to provide valuable insights into coding trends and best practices. This can help healthcare providers stay up-to-date on the latest coding regulations and ensure that their coding practices are in line with industry standards.
Remote medical coding can provide many benefits for healthcare providers, including cost savings, improved efficiency, higher accuracy
When it comes to choosing between offshore or domestic remote medical coding, there are several factors to consider. Both options have their own advantages and disadvantages, and the decision ultimately depends on the specific needs and priorities of the healthcare provider.
MedCore Remote Medical Coders
MedCore Solutions is the leader in remote healthcare industry staffing. We have certified AAPC coders ready to join your team today. MedCore staffs your practice with our dedicated and skilled remote medical coders. This option can provide several benefits, including cost savings and access to a larger pool of qualified coders.
One of the primary advantages is the cost. On average, we save hospitals and medical practices over 40% on labor costs. Additionally, MedCore medical coders can often work around the clock, providing 24/7 coding support that can help improve efficiency and reduce turnaround times.
Another advantage of our remote medical coding is access to a larger pool of qualified coders with MedCore. We match our coders with experience in your EMR like, EPIC, AdvanccdMD, Athena, NexGen and so many more. Our remote medical coders have advanced coding certifications and training in your field of medicine and are familiar with your specific CPT codes. This can help healthcare providers find a remote medical coder who has the specific skills and expertise needed to support their team.
MedCore is ready to provide licensed certified AAPC coders to your team remotely today. Schedule a meeting with us today to learn more.