MAXIMIZING REVENUE AND EFFICIENCY: STRATEGIES FOR OVERCOMING IN INDIA
As society has evolved and healthcare needs have changed, a new role has emerged to meet the demands of today’s medical system – the hospitalist. Hospitalists are physicians who specialize in providing care for patients within a hospital environment. They possess the same credentials and expertise as general practitioners, but their only concentration is on treating patients who are hospitalized. Hospitalists are responsible for evaluating patients upon admission, ordering tests, analyzing results, ordering treatments and medical services, and prescribing medications. Some may even specialize in paediatrics, gastroenterology, neurology, obstetrics and gynaecology, and oncology. Despite the specialized focus, hospitalists still require medical billing and coding services in order to successfully provide their services. Unfortunately, hospitalists experience unique challenges when it comes to medical coding and billing. Coding and billing can be challenging in the hospital setting because of all the departments, services, and protocols. Hospitalists must also be familiar with the laws and regulations that apply specifically to hospitals, such as payment rates, coding requirements, and more.
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