Medical coding professionals play a pivotal role in connecting healthcare practitioners and healthcare providers with health insurance carriers. These professionals assign standardized codes to the diagnosis, treatments, and other clinical procedures performed by physicians. Health insurance companies use these coded documents for reimbursement purposes.
Inpatient coding and outpatient coding are two broad career paths offered by medical coding field. Coding medical charts of patients who are discharged within 24 hours is referred as outpatient coding. Inpatient coding involves coding the medical records of inpatients that stay in the hospital for more than 24 hours. Obviously, inpatients tend to have more complex treatment procedures. So, inpatient coding task is much harder that outpatient coding.
The main difference between inpatient coding and outpatient coding is the procedure codes. CPT, (Current Procedural Terminology) codes are published by the American Medical Association and are used for outpatient coding. The International Classification of Diseases Ninth Revision Clinical Modification (ICD-9-CM) is used for inpatient coding and is published by the World Health Organization (WHO).
In order to assign accurate coding, Inpatient coders should possess a thorough knowledge of medical terminologies, procedures and surgical operations. At Lloyds Solutions, we review patient histories, physical examinations, treatment procedures, consultations, discharge summaries, and assign codes for billing. Thus, inpatient coding is very important for accurate billing.
Hiring professional billing and coding services from Lloyds Solutions provide a wide range of benefits. With our skilled workforce, state of the art technologies, experience, and the right processes, we are able to minimize claim denials. With our flawless billing and coding processes, professional coding companies can maximize reimbursement and thereby improving the cash flow.
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