Learn More about Healthcare Billing and Management
Learn More about
The healthcare industry is continuously changing and physicians realize that to
stay competitive in business, they need to manage their practices more efficiently.
In order to effectively manage the modern healthcare facility, it is very essential for
healthcare providers to utilize outsourced healthcare billing services provided by
an experienced and knowledgeable medical billing company that can provide
powerful and affordable medical billing management solutions.
Healthcare billing and management involves the filing and submission of medical
claims to insurance companies so as to get the payments in a timely manner. The
comprehensive medical billing services include not only the speedy collection of
payments but also delivering customer satisfaction via better-quality customer
service. With the help of a medical billing specialist, you can be sure that your
healthcare billing needs will be handled with the utmost care and attention.
With the latest facilities and professionals, medical billing companies provide
better-quality and time-bound healthcare billing services to meet challenging
medical billing requirements. The entire spectrum of medical billing services
-Data entry - entering patient demographics
-Payment posting and reconciliation
-Medical claims billing - electronic and paper
-Review codes for appropriate use of modifiers, correct CPT/ICD-9
-Accounts receivable (AR) collections
-Billing and reconciling of accounts
-Generation of daily, weekly and monthly reports
-Scheduling and re-scheduling
-Re-submission and referrals
Healthcare billing and management solutions are a boon to a number of healthcare
professionals who face billing issues such as under pricing, under coding and
missed charges. The services are available to almost all medical specialties
including family practice, pediatrics, radiology, dentistry, nuclear medicine, general
surgery, cardiology, dermatology, oral and maxillofacial surgery, pain
management, occupational therapy, and more.
Benefits of Healthcare Billing and Management Services
Medical practices that choose to implement a quality healthcare billing and
management system will experience a positive impact on their daily clinical
operations. Listed here are some benefits of hiring a reliable healthcare billing
-Reduces your paperwork and workload of your staff and gives them enough
time to focus on core processes that require more personal attention.
-Your healthcare billing service provider verifies patients' insurance policies and
makes sure that the patient is eligible for the treatment being provided.
-Billing companies offer accurate coding using the correct CPT and ICD-9
medical codes, so that there is no confusion regarding the diagnoses and the
-Claims processing, regular follow-ups until the medical claims are reimbursed
and other vital tasks are carried out with perfection.
-Customized turnaround time
-Cost savings up to 30 - 40%
-Reducing aged receivables
-Eliminating claim denials
-Increased productivity and profitability
At present, there are several medical billing companies that have the expertise to
deal with each and every phase of the healthcare billing and management process.
Hire an efficient medical billing company that provides comprehensive and quality
healthcare billing services.