HIPAA compliant physician billing services ensure proper and timely reimbursement of claims. The customized billing services that established medical billing companies offer include insurance verification and authorization, charge entry, insurance collection, collection agency reporting, patient collection, cash posting and reconciliation.Medical billing companies have a team of expert staff that works to maximize their claim reimbursements, minimize administrative expenses and meet HIPAA regulations. The procedure involves enrollment into the billing system, verification of insurance and authorizations, coding, billing and reconciling of accounts, and Accounts Receivable collections.
HIPAA Compliance for Document Security
Physician practices that outsource their billing tasks risk the loss of information privacy. With HIPAA compliant physician billing services, physicians can make sure that the privacy rights of their patients are protected. The medical outsourcing companies take extra security measures to provide complete security, privacy and confidentiality for the services they provide. For this, they streamline their structure, technical equipment and capabilities, and administration procedures according to HIPAA security norms. Some of the added benefits of HIPAA compliant physician billing services are:
• Periodic backup of data and critical facilities accessibility
• Technical evaluations are performed on a routine basis
• Secure workstations, storage facility and authorized access
• Firewalls and antivirus software on all systems are updated frequently.
Physician Billing Services – Save Time and Expenses
Medical professionals can reduce administrative expenses and maximize their claim reimbursements with physician billing services. Medical billing experts will effectively manage all their billing tasks, so that they can concentrate on their core business. Outsourcing is also a cost-effective way of managing their administrative tasks as physicians can save the expenses that would be needed for employing personnel for managing their medical billing procedures. Since every aspect of the billing procedure is effectively handled by the billing companies, physicians can be sure of getting their claims processed in a timely manner.
Author:Bob Kruse
Source:http://www.articlesbase.com/
