Outsource strategies International                           Call: (800) 670 2809                         Some Facts about...
Outsource strategies International                             Call: (800) 670 2809care facilities, long term care facilit...
Outsource strategies International                          Call: (800) 670 2809    •    Reduced write-offs    •    Improv...
Upcoming SlideShare
Loading in...5

Some facts about medical billing 


Published on

Medical billing services are an efficient means to get hospitals and doctors paid quickly for their services. Explained in this page are some facts that you should know about medical billing services.

Published in: Business
  • Be the first to comment

  • Be the first to like this

No Downloads
Total Views
On Slideshare
From Embeds
Number of Embeds
Embeds 0
No embeds

No notes for slide

Some facts about medical billing 

  1. 1. Outsource strategies International Call: (800) 670 2809 Some Facts about Medical BillingMedical billing is an important process in a medical office, and accuratemedical billing and claims submission is necessary for maintaining a steadyrevenue cycle. The claims submitted to insurance companies have to beflawless and “clean”. Medical office staff not specially trained in medicalbilling is unaware of the various processes involved in medical office billing.It would merit them as well as medical students who are the futurepractitioners to understand some important facts about medical billing.Accurate Reimbursement Depends on Flawless Medical BillingOn time and accurate medical billing andcoding is necessary for obtaining well-timedreimbursement. Any sort of data inaccuracyand errors in medical bills and insuranceclaims will lead to rejection or denial ofclaims that could critically affect the incomeand cash flow of the practice. To avoid suchsituations, medical billing and coding needscan be outsourced to professional medicalbilling companies.Only a professional medical billing company can guarantee you timelysubmission of accurate medical bills and claims. A competent firm willensure that the billing cycle is smooth - from patients being billed the correctamount to doctors getting paid. Healthcare practitioners, hospitals, individualphysicians, small and large hospitals, dental groups, doctors’ offices, acute Medical Billing
  2. 2. Outsource strategies International Call: (800) 670 2809care facilities, long term care facilities and multi-specialty groups all over theworld can benefit from efficient medical billing and coding services.Services You Can ExpectMentioned here are some of the main services provided by medical billingcompanies: patient information collection and analysis; creating and mailingpatient statements; processing medical insurance claims; insuranceverification and authorization; continuous monitoring and follow-up ofrejected claims and resubmitting them after resolving any problems;effective collection of excellent compensation; generating customizedreporting to track business activity and productivity; credit bureau reporting;generating reports with details of payments and claims, which helps you inadjusting your billing practices and improving cash flow; frequentassessment of accounts; providing quality checks; charge entry; cash postingand reconciliation; scheduling and rescheduling; AR collections and more.Here Are the Advantages of Medical Billing Services • Accurate billing and coding • Quick and maximum reimbursement • Reduced paperwork, which in turn increases practice productivity • Claim submission on time • Reduced billing and coding errors • Minimal chance for claim rejections, resulting in better turnaround time and higher revenue • More consistent cash flow • Timely follow-up on all rejected and denied claims Medical Billing
  3. 3. Outsource strategies International Call: (800) 670 2809 • Reduced write-offs • Improved collectionsEstablished medical billing companies offer medical billing services foralmost every medical specialty. Find a provider that can meet the specificrequirements of your specialty and enjoy more streamlined practicefunctioning and improved revenue. MOS Outsource strategies International 8596 E. 101st Street, Suite H Contact Details Tulsa, OK 74133 Phone: (800) 670 2809 Medical Billing