Medical billing integrates the health care industry into the fitness industry!
It is observed that more than 71 Million US population are transitioning towards fitness clubs. The health care providers can assist to contribute to the further growth for the health club industry by associating with medical billing and coding professionals. As, people as well as their physicians are consulting fitness training to organically achieve quality health measurements.
Medical billers and coders can help both of the channels to communicate with each other and provide the following benefits to the population;
- Reduce health care costs:
The rising chronic health conditions create productive and real opportunities for the fitness industry. According to the National Center for Chronic Disease Prevention and Health Promotion, every 6th in 10 Americans is diagnosed with a chronic ailment including the patients of; cardiovascular disease, depression and diabetes, among many others. These conditions may cost the expenses up to $2 trillion of the now $3.6 trillion annual costs of health care in the United States.
The passive lifestyle, reduced physical exercise, depression and diabetes are major causes that attribute to the development of other chronic diseases. According to a recent episode of ABC Financial’s Fitness Industry Innovation podcast, Reshape MD CEO Jeff Skeen proposed his views regarding the integration of healthcare and fitness. The fitness industry can integrate with health care industry and provide them therapeutic services to promote physical fitness among population. They can help the population to consume less amount of medicines and other complementary medical services, and cure their diseases by developing muscle strength and bone density with proper physical training. Now, people can co-pay the charges of their physicians and their fitness training under the consideration of fixed policy due to the involvement of medical billing and coding services.
- Change the Sedentary lifestyle:
Sedentary or passive lifestyle-relative illness is more often observed in the American population. Due to the ease of everything, provided by the abundance of assisting technology, people are more divergent to sedentary lifestyle. The fitness trainers can help the patients to solve their health crisis with innovative equipment, suitable support and safe training. This motivation keeps the patients to stay physically active year-around and prevent them from chronic diseases. In fact, physicians can follow CPT codes for describing and recording appropriate detail for the specific fitness training required for their patients.
- Improve medical delivery model:
When it comes to fitness training and benefits of physical exercise, it helps the consumers to become CEOsof their own health and well-being. Emerging technologies, boomer demographic trends and patients are paying optimum out of their pockets to the fitness centers. As, they can afford the consistent charges of the fitness center more easily instead of the traditional medication. Health insurance companies or secondary payers have to just claim the payment against the consistent charges. Medical billers are already known with the predefined CPT codes that consist of multiple fitness services.
- Promotes Health Innovation:
People often don’t diverge themselves towards the fitness industry, due to their charges. As most of the fitness industries tend to perform their collection management by themselves, as by doing it in their own firms won’t let them manage their receivables according to any regulations defined by Government to the health care industry. If the fitness industry complies with the health care industry, they need to involve medical billing and coding specialists. They will perform collection management according to the health care rules laid out by HIPAA. This will build a trust-worthy relationship between the fitness and health care industry, which will tend to promote health innovation.