Health Care Services
Telehealth Billing Solutions
In managing mild-to-moderate COVID-19 symptoms or other illnesses, telehealth services have become integral for delivering initial care and triaging. Telemedicine offers an efficient means to address routine healthcare needs and follow care plans. Understanding the nuances of telehealth billing Solutions is crucial in this context.
Compelling Reasons to Embrace Telehealth Services
Since the early months of 2020, the demand for telehealth services has been on the rise, fueled by the onset of COVID-19. The adoption and patient demand for telehealth services from US physicians has surged significantly. This surge not only meets patient demand but also presents revenue opportunities for physicians, ensuring their sustainability and growth.
- Telehealth services demand increased by 65% in 2020.
- Approximately 1 billion telehealth visits occurred in 2020.
- Anticipated 5-year compound annual growth rate of 38.2% by 2025.
To capitalize on this trend and secure deserved reimbursements, consider partnering with Medi Claim Management.
Primary Challenge in Telehealth Billing – Patient Information Retrieval
Unlike traditional healthcare settings where providers have established relationships with patients through face-to-face interactions, telehealth introduces a challenge. Virtual interactions attract new patients who may have never visited the clinic physically, making it difficult to obtain comprehensive billing information. The lack of ongoing relationships poses difficulties in gathering complete patient information for claims. Outsourcing telehealth billing services to MCM provides an effective solution to ensure the full reimbursement of remotely treated patients.
