HOW E-BILLING CAN IMPACT PHYSICIANS PRACTICE PRESENTED BYANGOMARK, MEDICALBILLINGSTAR
EARLY STAGE OF E-BILLING • Decreased managerial cost compared to paper processing. • Timely credit of bill status reduces need of rebilling/phone calls. • Some physicians and other healthcare providers reporting payment cycle significantly reduced.
EVALUATE YOUR PRACTICE SITUATION• What is the billing volume and percentage of revenue that workers compensation signifies your practice.• Who are your high volume payers ?• Identify key payers to target based on revenue cycle volume.• What is your technology eagerness ?• How will your practice adjust its workflow procedure to utilize the workers compensation claims processing.• Are there state compliance/mandate implications.
FIVE EASY STEPS TO GET STARTED • Assess your current workflow and find high volume payers. • Communicate your key payers-e Billing Programs. • Contact your insurance vendors-e-Billing solutions • Decide : Once you have the data , select the solution that best fits your practice needs. • Start Implementing .
THANK YOU• For A Smart e-Billing Partner visit us www.MedicalBillingStar.comSource :American Medical Association