Neonatology Billing Services & Neonatal Intensive Care Unit (NICU)

Neonatal care administrations have a high degree of complexity in monitoring, screening, and treating sick infants. The Neonatology Billing Services offered by NEO MD assist practices in selecting the optimum CPT code to maximize physician compensation.

What is the Process of Neonatology? Pediatrics includes neonatology, a specialist area of study, as an integral component. This primarily focuses on the medical care provided to newborns, especially those with preterm or pre-existing conditions. As a result, the discipline may be seen as a specialization mostly hospital-based, with most of the therapy being provided in the Neonatal Intensive Care Units (NICUs). 

Neonatology Billing Services for your Practice Financial Growth

NEO MD has experience selecting the correct CPT code to ensure maximum payment for physician transport and payer-specific codes (for example, Medi-Cal/CCS "Z" codes for continuous hospital treatment at various critical care levels; low birth weight (LBW) or very low birth weight) (VLBW).

A hospital-based practice needs to be able to access patient records electronically to be able to provide quick, accurate billing for patients. By creating a HIPAA Business Associate Agreement and setting up a meeting between our IT staff and the hospital's IT department, NED MD Neonatology Billing Services makes all the preparations with the hospital for the electronic retrieval of patient information.

Using data from the hospital, NEO MD ascertains a new patient's insurance and then re-verifies the insurance's correctness and eligibility. We also check to see if the insurance carrier's claims processing center has been updated with the newborn's eligibility. This will help to prevent claim denials brought on by time delays between the insurance carrier's eligibility and claims processing departments. If so, we will submit the claim online; otherwise, we will submit it on paper with a certified eligibility attachment in order to get payment for the first time. 

NEO MD examines the CPT charge code given by the physician and compares it to the appropriate code (for instance, global codes) within the insurance provider's criteria to ensure maximum payment (HMO, PPO, Medi-Cal, CCS, etc.). Our Neonatology Billing services avoid bundled codes that would result in a denial or a lower payment. We also set aside non-bundled bill codes, such as transfusions, and added the adjustable modifier.

Neonatal Intensive Care Unit (NICU)

It is a particular hospital area that focuses on providing extensive medical care to newborns and babies. To provide specialized treatment for the youngest patients, the NICU has state-of-the-art medical equipment and trained medical personnel. Babies that need specialized nursing care but are not as sick may also get treatment in NICUs. Since some medical centers do not have enough people to staff a NICU, babies must be transported to another hospital. When delivered in a setting with a NICU, infants in need of critical care do better than when transferred after birth.

Neonatology Billing Services, Common CPT employed for Newborn Care.

Before releasing healthy newborns from the hospital, doctors should submit Newborn Care Services codes for infant evaluation and management (E/M) services.

• Care of the Normal Newborn Infant

E/M services provided to normal newborn newborns in their first days of life prior to hospital discharge might be documented using Newborn Care Services codes. Use the following CPT codes to provide the initial care to a newborn:

Codes For the Early Care of The Normal Newborn

Codes 99478-99480 define the intense care provided to examine and treat the recovering low or very low birth weight newborn. The code is chosen based on the infant's current bodyweight, as shown below:

Using best practices for Neonatology Billing and Coding Services

We use the correct codes for E/M services provided to healthy babies as well as NICU codes for newborns with congenital disabilities. To prevent clearinghouse rejections and re-submissions, our team files clean claims the first time and follows all payers' policies, laws, and regulations. To avoid rejections, our coding staff applies their broad experience and enables the correct usage of modifiers.

Why Outsource Your Neonatology Billing Services to NEO MD?

As neonatologists, you are in charge of the tiniest patients, who may create the biggest complications. Babies who are preterm, underweight, or suffering from a severe disease require 24-hour care to guarantee their safe arrival home. Families rely on you and your team to care for their children, but dealing with complicated financial issues can be frustrating. Our expert coders and billers can manage your specialty's financial parts, freeing your time and resources to focus on patients and their families. NEO MD Neonatology Billing Services offers a wide range of coding and review administrations to help providers with their documentation expert services. We guarantee proper and error-free code, which might be your best defense in avoiding or resolving a review issue.

If medical practices wish to remain competitive in the market for a lengthy period, they must invest in long-term revenue cycle management. Work with Medical Billing Companies using competent and trained coders to ensure you comply with the most recent CMS Neonatology Medical Billing Guidelines. NEO MD Medical Billing has significantly improved billing services for healthcare professionals. NEO MD has been recognized as the best among revenue cycle management companies for specialist Medical Billing services.

Our services are available to all practices, regardless of size. NEO MD services contribute to lower overhead expenses associated with inaccurate billing. We evaluate data, correct procedural flaws, and act quickly to verify and correct problems as they arise. Our Neonatal Billing Services keep a close eye on legislative developments 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 from our personalized 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.

• Offer internal audits to uncover loopholes

• Refunds adjustment and Payment posting to improve the cash flow.

• Increase the accuracy of fees and collection.

• Our experts work hard to reduce your front-end denials by 20%.

• Deliver customized Revenue Cycle Management Services to unearth operation shortcomings.

• Offer Services that are easily scalable at all times.

• We have consistently increased the collection rate for our clients because of the faster Processing of accounts receivable and on-time follow-up. 

• Out of Network Negotiations.

• We offer free Medical Billing Audits.

• Provide fortnightly financial and practice overviews. Use the latest technology and tools.

• 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).