Billing in neonatal practice requires special consideration since it entails caring for the most vulnerable patients, newborn infants. Neonatal care administrations have a high degree of complexity in monitoring, screening, and treating a sick infant. Low birth weight (LBW) or exceptionally low birth weight (ELBW) are two main consideration levels that NEO MD’s Neonatology Billing Services assists practices in selecting the optimum CPT code to give the greatest payment for doctors and payers (VLBW).
Why Outsource Your Neonatology Billing Services to us?
As neonatologists, you are in charge of the tiniest patients, who can cause the most problems. Babies who are premature, underweight, or suffering from a serious illness require round-the-clock care to ensure they arrive home safely. Families rely on you and your team to think about their children, but dealing with complex billing concerns can be inconvenient.
Our professional Neonatology Billing Services coders and billers can handle the financial aspects of your specialty, allowing you to devote your time and resources to patients and their families.
NEO MD offers a variety of coding and reviewing administrations to help suppliers with expert administration documentation. In order to retrieve clinical records and face sheet data for timely and effective billing, hospital-based practices need electronic connectivity to emergency clinics. We discuss all strategies for electronic patient data recovery with the emergency clinic.
We analyze the Neonatology Billing Services CPT charge code assigned by the specialist and cross-reference it to the appropriate code for the most severe reimbursement. To avoid guarantee refusals, we also examine if the insurance company’s case preparation center has been updated with the infant’s qualification.
NEONATOLOGY BILLING SERVICES
The medical treatment of newborn infants, especially those who are ill or preterm, is the focus of neonatology, a subspecialty of pediatrics. It’s a medical specialty often offered at hospitals’ neonatal critical care units (NICUs). The majority of newborn patients seen by neonatologists are sick or need special medical attention.
A neonatologist is responsible for the survival and full recovery of the tiniest individuals who exhibit the most difficult and complex difficulties. Partnering with or outsourcing the administration of your neonatology billing services to a global business-like NEO MD, eases the burden of streamlining the hospital’s financial activities.
The Neonatal Intensive Care Unit (NICU)
The neonatal intensive care unit (NICU) is a particular hospital section where newborns and infants who require intensive medical care are frequently placed. The NICU includes cutting-edge equipment and skilled medical staff to provide specialized care for the smallest patients. Babies who are not as unwell but still require specialized nursing care may also get care in NICUs. Babies must be transferred to another hospital since some facilities lack the staff to staff a NICU. Infants requiring critical care do better when born in a facility with a NICU than when transferred after birth.
Some newborn babies will require NICU treatment. Giving birth to an ill or preterm baby can be a big deal for any parent. The NICU may be distressing. This information can assist you in understanding why a newborn may need to be admitted to the NICU. You will also learn about some of the procedures that may be necessary for your baby’s care.
How We Assist Practices in Neonatology Billing Services?
For the past 15 years, NEOMDINC. has provided Neonatology Billing Services to practitioners. Our professionals provide accurate Medical Billing and Coding, allowing you to get payments on time. Furthermore, we ensure that you will get Neonatology services as soon as possible and avoid claim denials.
Which babies require extra attention?
Most newborns admitted to the NICU are premature (born before 37 weeks of pregnancy), have low birth weight (less than 5.5 pounds), or have a medical condition that necessitates specialized care. Nearly half a million babies are born prematurely in the United States. Many of these kids were born with low birth weights. Multiples such as twins, triplets, and other multiples are frequently admitted to the NICU. This is due to the fact that they are born sooner and smaller than single-birth infants. Babies with breathing issues, cardiac problems, infections, or birth deformities are also cared for in the NICU.
How We Assist Practices in Neonatology Billing Services?
NEOMDINC. has been providing Neonatology Billing Services to the practices for the past 15 years. Our experts deliver precise Medical Billing and coding, allowing you to get reimbursements on schedule. Additionally, we guarantee that you promptly receive Neonatal Billing services and steer clear of claim denials.
The following are some factors that might put an infant in danger and increase the likelihood of hospitalization to the NICU. However, each newborn must be evaluated to determine whether or not they need the NICU. The following are high-risk factors.
- Low birth weight
- Prematurity
- Congenital malformations or disabilities
- Intrauterine growth restriction
- Pulmonary hypoplasia
- Birth asphyxia
- Drug or alcohol use
- Diabetes
- High blood pressure (hypertension)
- Bleeding
- Sexually transmitted diseases
Delivery factors include:
- Changes in a baby’s organ systems due to lack of oxygen (fetal distress or birth asphyxia)
- Umbilical cord wrapped around the baby’s neck (nuchal cord)
- Buttocks delivered first (breech birth) or other abnormal position
- Forceps or cesarean delivery
- The baby’s first stool (meconium) passed during pregnancy into the amniotic fluid
Baby factors include:
- Baby born at a gestational age of fewer than 37 weeks or more than 42 weeks
- Birth weight less than 5 pounds, 8 ounces (2,500 grams) or over 8 pounds, 13 ounces (4,000 grams)
- Congenital disabilities
- Small for gestational age
- Low blood sugar (hypoglycemia)
- Respiratory distress including rapid breathing, grunting, or stopping breathing (apnea)
- Infections such as herpes, group B streptococcus, chlamydia
- Medicine or resuscitation in the delivery room
- Need for special treatment or procedures such as a blood transfusion
- Seizures
- Need for extra oxygen or monitoring, IV (intravenous) therapy, or medicines
Who will care for your baby in the NICU?
Some of the professionally qualified healthcare experts who may care for your infant include:
Neonatologist. This is a pediatrician who has received further training in the treatment of ill and preterm newborns. The neonatologist (also known as the attending physician) oversees pediatric fellows and residents, nurse practitioners, and nurses who work in the neonatal intensive care unit (NICU).
Neonatal fellow. This is a pediatrician who is undergoing further training in the treatment of ill and preterm newborns. They may perform operations and supervise your child’s care.
Pediatric resident: This is a doctor undergoing further training in child care. They may perform or assist in procedures and aid in directing your child’s care.
Neonatal nurse practitioner: This registered nurse has received further training in caring for newborn neonates. They can perform treatments and assist in managing your child’s care.
Respiratory therapist: This person has received specialized training in providing breathing assistance. This involves operating breathing equipment and supplying oxygen.
Occupational, physical, and speech therapists: These therapists ensure that a baby is developing normally. They also assist with care, including positioning and calming techniques. Speech therapists assist infants in learning to eat by mouth.
Dietitians: Dietitians verify that newborns develop properly and receive adequate nourishment. They monitor your baby’s calorie, protein, vitamin, and mineral intake.
Lactation consultants: These are healthcare practitioners who have received additional training and certification to assist mothers and babies with breastfeeding. They can assist with pumping, milk supply maintenance, and initiating and maintaining breastfeeding.
Why Outsource Your Neonatology Billing Services to NEO MD?
Medical practices require long-term revenue cycle management to remain competitive in the market for a long period. Work with Medical Billing Companies that use skilled and qualified coders to ensure you adhere to the most recent CMS Neonatology Medical Billing Guidelines. NEO MD Medical Billing has significantly improved billing services for healthcare providers. For specialty Billing services, NEO MD has been rated the best among its competitor’s revenue cycle management companies.
Our solutions are accessible to all practices, regardless of size. NEO MD services contribute to reduced overhead expenses associated with inaccurate billing. We evaluate data, correct procedural flaws, and act quickly to verify and correct problems as they arise. Our Neonatology Billing Services closely monitor regulations and legislation that may increase operational effectiveness and cash flow. We also provide Medical Billing services for small practices, medium, and big clinics. As the leading Medical Billing company near me, healthcare practices may benefit our customized services.
What Makes Us the Best Medical Billing Company?
NEO MD stood best among competitors Medical Billing Companies due to the following cores;
- Improve RCM system efficiency with a robust credentialing team.
- Increase the accuracy of fees and collection.
- Processing of accounts receivable and on-time follow-up
- Refunds adjustment and Payment posting to improve the cash flow.
- Offer Services that are easily scalable at all times.
- Deliver customized Revenue Cycle Management Services to unearth operation shortcomings.
- Our experts work hard to reduce your front-end denials by 20%.
- We offer free Medical Billing Audits.
- Offer internal audits to uncover loopholes
- We have consistently increased the collection rate for our clients because of the faster
- Provide fortnightly financial and practice overviews. Use the latest technology and tools.
- Out of Network Negotiations.
- Provide collection and Neonatology Billing Services that are of high quality and error-free.
Let’s Schedule a Demo to learn more about how we can improve your medical practice management. Get us at! (info@neomdinc.com) or (929) 502-3636).
