Important facts about Medical coding

Medical coding is the process of assigning codes to a patient’s medical diagnosis and procedure descriptions. Collecting and reporting aggregate information through codes allows the medical community a simplified way to provide information quickly and easily.

Reimbursement

Medical codes have associated reimbursement values, so they are submitted on a billing claim to the insurance company for reimbursement of services.

Data Gathering

Medical codes allow for gathering of important data on a variety of topics. For example, a code for an infection due to a needle stick may be tracked over a period of time for risk and quality management purposes.

Research

Medical codes are often tracked for research purposes. For example, cancer-related codes are reported regularly in order to determine the funding and resources needed for research.

Statistics

Because each code relates to a diagnosis or procedure, it allows the medical community to provide statistical information on specific diseases and injuries. For example, statistics on children’s head injuries while riding bicycles without wearing helmets are provided through medical codes.

Resource Use

Because medical codes have associated reimbursement, many hospital administrators and managers use coding reports to ensure that resources are being utilized properly and to make further decisions about the most cost-effective services to offer patients.

These diagnosis and procedure codes are used by government health programs, private health insurance companies, workers' compensation carriers and others. But by using the services of Futuristic Giga Tech Pvt. Ltd which is one of the best companies providing services in medical billing and medical coding in Bangalore, medical firms will not have to carry added overhead year around in hiring and training specialized staffs.

It's time for you to hire our Medical Coding services.

Process of medical coding

Medical coding is usage of standardized codes to diagnose the services rendered to a policyholder. Every possible injury and diagnosis is assigned a universal code that is readily understood by both healthcare providers and insurance companies so these parties are operating under the same umbrella of information. This process has become particularly useful, in terms of efficiency, ever since the claims process moved over to a largely digitized format.

For example you can see the format of report of medical coding :

1. ·         Date of Procedure: 6/09/20xx
2. ·         Patient Name: Garima Sharma
3. ·         DOB: 17/24/19xx
4. ·         HPI: Garima is a 27-year-old male who states met with an accident  and her left hand get fractured
5. ·         Diagnosis:  fracture of  left hand
6. ·         Procedure: Splint

Workers on the administrative side of healthcare and insurance may be prone to misunderstanding the technical terms in this document. Therefore, after the diagnosis and procedures are complete, this medical statement is given to the medical coder, who looks at this report and sifts out the most crucial information that needs to be reported to the insurance company.

The medical coder then hands the converted data to the medical biller, who sends the claim to the policyholder’s insurance company. Often, the medical coder and the medical biller are the same person.

1. ·         Medical coding takes the descriptions of diseases, injuries, and health care procedures from physicians or health care providers and transforms them into numeric or alphanumeric codes to accurately describe the diagnosis and the procedures performed.
2. ·         This system was developed because, as we all know, medicine is not always exact, and there are many paths to take in preventing, diagnosing, and treating different ailments, all of which must be recorded and accounted for.

Proper medical coding is important on many levels, from ensuring accurate payment for physicians to creating a valid record of patient care history. In addition to aiding the medical billing process for procedures administered and helping expedite the payment of services for physicians, medical codes also serve the purpose of comparing projects and planning for under-served health care areas, aiding in administrative functions, as well as identifying symptoms that must be addressed and referenced by other physicians.

Medical coding can be a complex operation, so quality and accuracy in providers should be top priorities for any health care organization.
Futuristic Giga tech is  best medical coding company in Bangalore committed to providing health professionals with the most current news and resources to help them do their jobs better. Check back regularly for the most up-to-date information on medical coding. For more detail you can visit -: http://www.futuristicgigatech.com/

Work culture- Key to organizational success

There are certain goals which an organization needs to achieve with the help of available resources and manpower. Work culture plays a vital role in assembling these resources and manpower in order to give maximum productivity without overlooking the quality aspect. The culture by and large refers to the values and attitudes of employees which they display in their company.

A healthy work culture is paramount to extract the best out of the employees and in order to drive a sense of loyalty towards the company. Certain advantages which a good work culture can tote are:

·         Quality service

·         Employee satisfaction

·         Employee retention

·         Reputation building

·         Enhanced productivity by team work

·         Transparency in the company

Companies are focusing to bring more and more innovative ways to upgrade their work culture in order to have a long term benefits. ‘Futuristic Giga Tech Pvt Ltd’, have employed six tools to foster the innovative work culture in order to become the Best RCM and Medical coding company. With a clear mission, we have strategically implemented the combination of values, behaviors, climate, resources, process and success into the innovative work culture.

Healthy corporate culture helps boost the morale of the employees which ultimately leads to an increase in productivity. When workers increase productivity, the financial health of the organization improves, and wealth increases. So, while focusing on other things, it is imperative to build a cooperative work culture for enhanced benefit.

Futuristic Giga tech Pvt. Ltd | Data Conversion Benefits

Data conversion is the process of converting data from one format to another. In this era of IT revolution, data conversion services are a vital tool in getting information on finger tips. It has acquired a unique place in this internet driven fast growing business world .
 It gives handiness and security to business organizations in managing, updating and retrieving data.

Benefits of Data Conversion::

1. Consolidation of multiple legacy systems.

2. Improved operational efficiencies.

3. Faster data access.

4. Easier support.

5. Reduced downtime.

6. More sophisticated access to your archives through web enablement and/or current software applications.

7. More efficient use of storage as a result of more current technology and application of retention criteria.

8. Elimination of unwanted hardware, software, and related maintenance expenses.

Futuristic Gigatech Pvt Ltd

 Data conversion to XML has become a solution for internet publishing and content management. The XML data conversion process is tedious and complex and requires cumbersome tagging process.

However this can be overcome by the efficient and competitive XML professionals available with FGT Data Conversion that allows clients to take advantage of the benefits of XML data conversion. Irrespective of the current data format FGT Data Conversion offers XML data conversion with best value proposition.

Data Security Services provided by Futuristic Giga Tech Pvt Ltd

Data security refers to protective digital privacy measures that are applied to prevent unauthorized access to computers, databases and websites. Data security also protects data from corruption. Data security is the main priority for organizations of every size and genre.

Data security is also known as information security (IS) or computer security.A key data security technology measure is scrambling, where digital data, software/hardware, and hard drives are scrambled and rendered unreadable to unauthorized users and hackers.

 Futuristic Giga Tech Pvt. Ltd | Data Security

Besides operating in a building that uses card-key access with video security, FGT performs multiple levels of data backup to ensure that your data is protected. FGT maintains multiple instances and backups of data using both online mirrored (RAID 1) and near-line redundant storage using multiple Terabytes of hot-swappable drives (RAID 5). Offline CD/DVD backups are also maintained, as well as a physical off-site backup kept in a bank vault for disaster recovery. And in case of Futuristic Giga Tech pvt ltd, our servers and workstations all have uninterruptible power supplies that provide enough time for a graceful shutdown to ensure data integrity.

Partnering in your endeavor-Futuristic Giga Tech

The objective of Futuristic Giga Tech Pvt Ltd is not just to deliver at a very cheap rate, but on the flip side we also come up with manufactured solutions for our respective clients. Our existence in the industry and growth to this level is the reflection of apt interpretation of the needs of various sectors and serving them to the best of our ability.

We are living in a world where everything is changing rapidly. Change is Good, rather very essential for the up gradation process to better our own life and work processes. All the scholars have proved it in a very subtle manner, that if it is done in the right direction for the positive response then it is embraced with a smile. So moving on this path Futuristic Giga Tech Pvt ltd, has proved that in a very comprehensive manner we make life easy for you. Business of every company is expanding & so it becomes a bit tough at times for them to deliver in all the departments with a cursing speed.

This is the time when a company like Futuristic Giga Tech Pvt Ltd, promises to shoulder your burden with a smile. We as a team of efficient & dynamic unit have proved our value for the money in a very stylish manner. Futuristic Giga Tech Pvt Ltd in has been into service industry since 2010 & has got it’s headquarter in the Tech city i.e., Bangalore.  The reason for us to choose this location was because it further exemplifies our mentality towards our work ethics.

Workforce Management | Futuristic Gigatech Pvt Ltd

Futuristic Giga tech Pvt Ltd is committed to boost your business efficiency. For this we are following the best workforce management system. WFM is sometimes referred to as HRMS systems, or even part of ERP systems. Recently, the concept of workforce management has begun to evolve into workforce optimization. Workforce management (WFM) encompasses all the activities needed to maintain a productive workforce.

The most important benefits from cloud-based WFM software are reduced cost, scalability, security, ease of deployment and upgrades and improved reliability. In addition to basic automatic call distributor functionality, cloud-based WFM offers advanced analytics capabilities which enable contact center managers to forecast better.

The nature of business at contact centers makes it heavily reliant on people and therefore scheduling of employees becomes critical. Many contact centers are therefore turning to workforce management (WFM) solutions that provide real-time decision support for labor cost management and improve operational efficiencies and customer satisfaction.