ICD-CM (clinical modification): Clinical modifications are diagnosis codes that all healthcare providers use.

ICD-PCS (procedure coding system): The procedure codes are used only for inpatient reporting (hospital billing and coding).

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One of the many business questions physicians face is whether to outsource their medical billing to third-party medical billing services or do it in-house with medical billing software. Some physicians would assume outsourcing billing to a medical billing service makes the most sense. After all, they’re the experts with the resources to properly process your claims, right? Others might want to maintain control of collections and do it all in-house.

Hold on. Don’t make a decision before thinking it through. Both methods of revenue cycle management have benefits and drawbacks. It’s up to the individual practice to weigh the pros and cons before deciding which approach is best.  So now some practices think getting the software is the majority of the battle but very mistaken they will be.  Please make no mistake, you first must get the software then get all of the employees, get them trained and then hire more staff to manage and maintain them!  Think clearly before you decide to go in-house with your billing

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Every Medical company needs someone to manage invoices, collections, outstanding debts, and patient relations. Neucare Medical Billling  can help run your company's HR tasks.

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