Medical Billing Service – The Need of Contemporary Healthcare

The most important aspect in the healthcare industry is to take care of patients. This multi-faceted procedure of patient care involves various aspects, medical billing and coding is one of them. It is very vital to have proper documentation of patient data pertaining to patient registration, verifying insurance policies, and updating of patients' accounts. In order to ensure smooth running of healthcare process, it is important to have an efficient medical billing structure. By means of an effective medical billing physicians are able to access and gain control over the vital patient information conveniently saving much of their valuable time and effort. Now by employing a competent medical billing service provider, one can hugely cut down on the costs of in-house medical billing. These providers are helpful in providing following services:

• Registration of patient and documentation of charges

• Processing insurance claims and dealing with delayed claims and related problems.

• Generating status reports outlining payments and claims.

• Insurance collection, authentication, and collection of claims.

• Providing regular statements and bills.

By employing EMR providers, healthcare professionals can get freedom from the hassles of medical billing and can rightly focus on the well-being of patients. These services are designed to fit a variety of medical specialties. Not only it will take away the billing related trouble but will also help your organization generate more revenues by proper claim processing. By reducing the downtime and rejected claims, it helps in regulating a better cash flow and efficient billing.

In order to select a service provider, one should be oblivious about keeping in mind the experience of the provider. Secrecy of patient data is of utmost important so you should ensure that the provider you opt for is 100% HIPAA compliant. Having a professional and competent medical billing service provider by your side will ensure expansion in your patient base with enabling you denote more quality time towards patient care.

Active Management is one of the well-known consulting companies offering world class medical billing service. Active management a leading New York medical billing Company provides eminent medical billing services including electronic medical records, medical billing solutions, healthcare billing and medical claims services in New York.
Author:activemds
Source:http://www.articlesbase.com/

Medical Billing Companies Help Medical Practices Grow

Planned Services Help Medical Practices Grow Rapidly

For smooth and profitable functioning, medical practices have to keep their revenue cycle steady all the time. Timely submission of medical bills and claims is important to ensure excellent financial stability. Medical billing and claim processing procedures are crucial tasks and therefore have to be performed with great concentration, as any kind of billing and coding error can lead to rejection or denial of claims.

Planned medical billing solutions that come from reputable medical billing companies will allow medical practices to submit medical bills and claims without any errors within the prescribed time frame. Insurance claims and bills processed and submitted strictly adhering to all the latest medical reimbursement regulations will minimize possibilities of rejection or denial of claims, thereby increasing practice revenue. Medical billing services offered by reputable companies ensure many additional advantages such as:

* Reduces administrative workload
* Saves capital investment needed to set up the infrastructure to perform medical billing procedures within the facility
* Helps avoid additional staffing outlay
* Eliminates the need of extensive paperwork within the facility
* Overrules compliance risks
Experienced Firms for Comprehensive Medical Billing Solutions

To deliver quality medical billing services, almost all leading medical billing companies are equipped with state-of-the-art technology, modern devices, experienced staff and advanced billing software such as AdvantX, NextGen, Lytec, Medisoft, Advanced MD, Inception, eClinicalWorks and others. The medical billing experts in these firms are well-versed in the latest billing rules and claim processing regulations; they process all bills and claims acurately within minimum time. Professional medical billing solutions provided by a reliable medical billing company include:

* Patient enrollment (Demographics and charges)
* Patient scheduling and reminders
* Coding and audits
* Insurance enrolment (For physicians and offices)
* Billing and reconciling of accounts (Payment posting)
* Insurance verification
* Account analysis and Denial Management (EOB Analysis)
* Insurance authorizations
* AR management (Insurance and patient)
* Financial management reporting
Medical Billing Solutions with Stringent Quality Assurance

Professionally organized medical billing and claim processing services offered by an established medical billing company ensure an array of benefits in terms of:

* 100% HIPAA compliant solutions
* Reqular QA checking
* Rapid turnaround time
* Efficient and accurate processing of bills and claims
* Competitive pricing helps practices save 30-40% of their operational costs
* Round-the-clock customer support services
* Free trial offer

Contact a Professional Medical Billing Firm

It is evident that medical billing outsourcing firms are a great help for all healthcare practices and individual practitioners. However, medical practices planning to outsource their medical billing jobs should identify the right medical billing company. Partnering with professional medical billing companies will enable medical practices to streamline medical billing procedures, and benefit from perfectly organized, customized and affordable solutions that ensure maximum reimbursement and cash flow.
Author:mososimos
Source:http://www.articlesbase.com/

How Medical Billing Outsourcing Can Help Your Medical Billing Company

It has become a growing concern that instead of taking care of and ensuring the wellness of their patients, some doctors spend more time filling out forms and processing transactions for their bills. This is the issue that medical billing companies address; they give room to their clients, who are doctors and medical institutions, to focus more on their core businesses. But this is not the only benefit that billing companies pitch to those belonging in the medical field. In fact, it can be said that there is a lot more to medical billing than this.

It is imperative for medical billing companies to have a streamlined process that will allow them to support their clients. Having a large volume of transactions coming their way as more doctors and medical institutions realize the benefits of delegating their billing work to a medical billing company, medical billing companies now to turn to a third-party solutions provider to assist them in establishing a process that will further enhance their service. Aside from payment postings, there are other tasks that are incorporated with the medical billing process and these tasks are completed with a range of benefits attached to them.
Time: Primary Concern of Physicians

With a solutions provider, a biller can attend to an average of 5 clients per day. A quick turn-around time is one of the key benefits of outsourcing your medical billing transactions to a solutions provider but with a 5:1 ratio of clients to billers, one might think that it is impossible to hit a fast turn-around time. As a matter of fact, it is not since it has become a trend for most outsourcing companies to surpass the turn-around time suggested by billing companies with that kind of ratio mentioned.

Aside from having the assistance of technology, such as medical software and claims systems, outsourcing companies also implement efficiency methods to hasten transaction processing. Upon the development of a streamlined process and efficiency methods, solutions providers are now able to meet the metrics set by their clients.

Cost: Where Less Can Bring More

One of the concerns of companies who outsource is to be able to lessen their costs but still maintain, if not improve, the quality of service that they are currently delivering. In-house medical billing is gaining its popularity today since it has its fair share of benefits with regards to medical billing companies having the opportunity to check on their employees and assess their performance. However, there are cases where in-house medical billing companies, on average, have a higher number of billers attending to a single client, which results to higher costs for the company, while a solutions provider can provide a 5:1 ratio of clients to billers. This comparison reflects a remarkable difference in a company’s budget between hosting in-house medical billing and turning to a third-party solutions provider.
Data: Accuracy Rates That Exceed Expectations

According to a survey conducted by the Medical Association of Billers, there is only a minimal percentage of their biller respondents who review and verify each of the explanation of benefits (EOBs). With this minimal rate, it helps if a solutions provider is able to produce accuracy rates that exceed the expectations of their clients.

Solutions providers can help a billing company deliver hundred percent accuracy rates in the entire process of medical billing, especially if they are able to design a process that can ensure the quality of service rendered. According to an article we have previously published, 8 out of 10 bills contain errors, but there are a number of measures a company can take to reduce errors, or better yet, to provide a 100% error-free transaction. Processes to ensure quality may include the implementation of meticulous data reviews and weekly call reviews.

The key benefits of seeking the assistance of a third-party solutions provider may be the same for all industries falling under the outsourcing bracket, but what separates medical billing outsourcing is that it can directly and instantly improve a company’s revenue cycle.
Author: AudreyB
Source: http://www.articledashboard.com

The Importance of Hospital Billing in the Medical Community

The medical industry is comprised of many divisions and sections which all work together to offer patients a positive experience. This is true whether services are provided through an emergency care center, doctor's office or any of the many types of medical help offices available. While many will focus on procedures performed at various hospitals and treatment centers, medical service administrative functions are equally as important, including hospital billing.

Hospital billing brings together charges based upon patient stays or procedures performed at a hospital. By coordinating with doctors' offices throughout the community, this financial department can ensure a smooth relationship between doctors and patients. Because the medical billing process can be complicated, it is important for all entities involved to check information and avoid any discrepancies the patient might find.

While many hospitals employ their own accounting departments, the practice of outsourcing accounting services has risen over the years. This practice can save money while offering a more streamlined process to keep errors to a minimum. Outside sources work hard to provide state-of-the-art technology that can keep transaction costs down while eliminating problems such as fraud. Finding a service that can balance the complexity of a medical network can be a cost saving option that is valuable in economic down times.

In order to maintain a smooth accounting process, doctors should be willing to coordinate their own billing practices with the medical community. If they choose not to participate, errors might occur due to inconsistencies between accounting sources. Doctors should consider being on the same system as community hospitals in order to experience the best value for money invested.

Many healthcare practice management companies exist to provide integrated accounts receivable services for medical communities. Offering professional services with highly experienced staff and management, they often provide a group package at considerable savings that can encompass the entire community's needs for consistent accounting and collections. Through proven success with the companies they represent, healthcare billing services enable doctors and medical services to focus on their patients' needs and provide excellent health care.

Medical accounts receivable services will cover all aspects of hospital billing. This includes insurance transactions and follow-up as well as self-pay with follow-up and third-party payments. All aspects of the process will be scrutinized and followed through so that patients can enjoy a more relaxed experience at potentially trying times. Allowing for a more personal patient/doctor relationship, the right hospital billing service can work with the medical community to put an end to financial headaches while making doctors' practices and hospitals' procedures more profitable.

Author writes about a variety of topics. If you would like to learn more about hospital billing, visit http://www.physiciansbillinggroup.com/.
Author:Art Jones
Source:http://www.a1articles.com

Maximum Reimbursements on Medical Billing Services at Medical Billing India

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Take advantage of years of experience and expertise of one of the most reliable and successful medical billing services providing company in India without worrying about hardship of medical billing and without waiting too long.

Medical Billing India offers reliable medical billing services at low medical billing fees to global doctors, physicians, hospitals, clinics, healthcare centers, insurance agencies helping them get rid of their medical claim denials and low reimbursements so that they can keep building their practice and continue rewarding patients with extra care.

Outsource medical billing services to us at un-beaten 40-60% low medical billing fees on http://www.medicalbilling-india.com/contact.php 

Benefits outsourcing medical billing services, physicians billing services to Medical Billing India:

• Experienced medical billing, coding, insurance claim processing company in India
• Certified medical billers, certified medical coders and claim processors team
• Experience of all industrial, countries, states milling and coding requirements
• Secure and confidential clients data
• HIPAA compliant, (CPT) database, 2011 ICD-9-CM1, ICD-9-CM codes standards used
• Removal of In-House Billing Expenses: (Salaries, Vacation, Sick Pay, Payroll Taxes etc)
• Customized Monthly Reports
• 40-60% cheaper medical billing services than local rates
• 99.98% accurate coding and billing services
• Free trial helping client to check quality billing services etc

Medical Billing India works with the goal to deliver fast, accurate and on time medical billing and coding, claim processing services helping doctors, physicians, clinics collect as much revenue as possible making every dollar accounted.

Medical Billing Services Provided:

• Online medical billing service
• Electronic medical billing service
• Medical claim billing services
• Healthcare billing services
• Physicians billing services
• Doctors billing services
• Medical insurance billing services
• Patient billing services
• Outsource medical billing and coding etc

Don't wait - contact us not to get FREE TRIAL and free medical billing and coding consultation by specialized medical billing professionals at Medical Billing India on info@medicalbilling-india.com and to know more visit us on http://www.medicalbilling-india.com/

Posted via email from medicalbilling's posterous

What can you expect from medical billing and coding provider?

Medical billing and coding services are bliss for medical practitioners and large scale healthcare organizations. They have to take care of administrative and billing operations related to a medical group and amplify revenue by maintaining wealth flow. There are many roles of medical billers and coders and they can be fulfilled by working as a team for large healthcare centers.

There are many advantages offered by Medical billing services and they are becoming standard for healthcare department. Billing and coding department takes responsibility of handling carious tasks related to claim submissions and following up till final payment is attained. They give long term benefits to healthcare organizations by bringing a systematic and planned approach of work. There are many other responsibilities on billing and coding department and they have to schedule assistance to patients as well as physicians from appointment till final discharge.
Being an employer, you can hire providers working for suitable services, which can be standard billing operations as well as extended services for providers. There are many managerial positions occupied by experienced billers and coders and they even perform administrative tasks in a company.

Some tasks of medical coders and billers include:
•Submission of claims: Medical billers make use of medical billing software for submission of claims and their processing. It includes accurate data about patients and their whole medical history. There is least rejection of correct and factual claims from insurance companies. These are submitted online for most of companies.
•Billing and handling enquiries: Billing services have to function for billing and assisting patients with the response to their queries.
•Reporting process: Billers and coders have to give reports to patients. They also have to make reports for organization's management for reporting key stats and financial management. They have to be productive in outputting accurate reports.
•Follow up for claims: Medical billing providers have to show quickness and regularity in following up with insurance companies for getting claim amounts. They have to get payments on time and hence, maintain a steady cash flow in organization they are working for.
•Coding activity: Coders have to make final report of patient before it entered into Medical billing software application. Also, they have to give this report as discharge documentation to patient.
•Financial services: It begins with claim collection and moves forward with other related activities, like accounts, budgeting, taxes and much more.
•Negotiation with insurance companies: Billing department negotiates with insurance representatives to get claim payments on time. They have to be very aggressive in making attempts to get insurance claims or billing amount from patients.

These are some common tasks undertaken by Medical coding and billing department. There is a lot more to get by them. They can make medical practitioners free from accounts and finance dealing, so that they can focus on patient care. Medical billing is related merely to funds management and the department promises to get increased revenue for organization.
Author:Reckonexpert
Source:http://goarticles.com/

Medical Billing Outsourcing - Top 5 things to consider

The function of submitting claims to insurance companies and receiving the remittances in the medical office’s bank account constitutes the primary role of billing companies. Medical Billing is the second most important aspect of the physician practice, the first being patient care, and billing can make or break a practice. Doctors take the decision to outsource their medical billing to billing companies with a little bit of trepidation and some reluctance.

It is beneficial to a doctor to outsource the billing function as this activity is typically not the core competence of the doctor and the billing activity has become complicated and requires diligent folks to give their undivided attention. The outsourced billing companies have also gained tremendous expertise in the area and work hard to deliver the best results for the practice. In an ideal case, the two form a win-win relationship and help bring the best results for the all important patient (customer) at a low price point.

Selecting the billing company to partner with becomes a critical decision for the doctor practice. It would be good to keep the following points in mind during the selection -

1. Process

2. Service Portfolio

3. References

4. People

5. Intangibles

1. Process

Does the billing company have a well-defined process for delivery? What are the artifacts available? How does escalation work? Do they have clear lines of responsibility? What are the SLAs? Are there safeguards for poor performance and termination plans?

2. Service Portfolio

What services does the billing company offer? Does it include a broad range across multiple functional areas or do they have deep knowledge in a narrow vertical? Can they offer other related services?

3. References

Who are their customers? Can you talk to a current customer in your functional area to gain insight on the current delivery processes of the company? Are customers truly happy or satisfied with the billing company? Does the customer size match with your size?

4. People

Do you trust the folks running the company? Do you have enough information on the top management people? What kind of pedigree and experience do the people in the billing company have?

5. Intangibles

Do you feel confident about the execution plan? Can you visualize a positive and growing partnership with the billing company? Are you fearful? Are you a micro-manager and would you require hourly and daily reports or weekly and monthly reports?

When you answer all of the above questions honestly, you will be able to form a pretty good idea about the overall partner you are looking for. There are many gray areas and writing your questions, concerns and thoughts would present a good opportunity for further discussion and resolution.

What would be the answers to the above questions and how does that influence my decision. That would be in another post.
Author:Stephencraig
Source:http://www.articlecity.com/

How Physician Billing Services Save Your Valuable Time and Money

Medical billing is a lengthy but effective process. While major hospitals and other big institutions have hired professionals taking care of their medical billing processes which ensure complete timeliness and proper auditing, it’s difficult for independent physicians to do the same. This is where physician billing companies and other physician billing services become very relevant. But physicians are not warming up to these services as they feel that they might not provide them with benefits which will outweigh the prices of the services. But this is not really true and there is enough physician billing services at affordable prices for everyone to try and benefit from.

Understanding Physician Billing Services

In countries where medical insurance is given high priority, especially the US, medical billing is a part of all medical procedures. The billing procedure begins right from the time a patient enrols for treatment and goes on till all his claims are settled by the insurance company. Now all this involves a lot of data collection, tabulation and transfer between the medical service provider and the insurance company. In busy practices, many physicians are unable to handle all this paper work and there is always a backlog of medical billing which creates huge losses.
Choosing Physician Billing Services at Affordable Prices

For solving this problem the physicians can look at many solutions, most of which involve a medical billing service. There are many types of medical billing solutions but the best ones are always those which handle maximum aspects of physician billing at highly affordable prices. An expert medical billing company offers multiple benefits like modernising your entire patient related database as a part of their service which actually is a pretty nifty option. These companies provide online and offline help in making patient records, exchanging patient information, checking claims, getting them sanctioned and making cash transfers. They even manage your accounts for such transactions. They do this for a fee but compared to the benefits ensured, the price is indeed attractive.

Aren’t Medical Billing Companies only for Big Hospitals and Centres?

Not at all! Medical billing companies provide quality medical billing services for independent physicians, while they continue to provide contract based high volume service for big centres and hospitals. Physician billing services provided by outsourcing companies are in great demand today with more and more healthcare entities becoming aware of the ensured benefits. Due to good competition between many players, physician billing services are actually becoming quite affordable. Most companies do not charge highly while some even do a free billing analysis for your business. So it is time to choose physician billing services at affordable prices and stick to them.
Author:mososi
Source:http://www.searcharticles.net/

Medical Insurance Billing and Coding Explained

Medicine is an art, a science and a business. Doctors learn the artistic and scientific aspects of their profession in medical school. But the business aspect of their practice – getting paid – requires a completely different set of skills, skills most doctors have neither the time nor the interest to acquire. Even if they did, few doctors would have to time to handle the complex administrative aspects of a modern medical office. Enter Medical Insurance Billing and Coding.

Medical Insurance Billing and Coding specialists work in doctors' offices, clinics and other medical facilities. Their primary job is to submit claims to insurance companies to ensure doctors and support staff are properly reimbursed for the services they render. Medical Insurance Billing and Coding professionals tend to deal mostly with private insurance companies and the agencies of state and federal governments who pay medical claims, e.g. Medicare. The Medical Billing department is often also responsible for collecting co-payments or deductible amounts from patients directly.

Processing a Claim

To process claims, the Medical Insurance Billing and Coding specialist first deals with the patient's medical record, which contains the physician's notes on what services were performed. The specialist must then translate this information into a five-digit numerical code drawn from the American Medical Association's Current Procedural Terminology (CPT) guide. The actual diagnosis is also coded based on a government guide called the International Statistical Classification of Disease and Related Health Problems (ICD). It is very important that the CPT and ICD codes match up, or a claim will likely be rejected.


In fact, according to the Healthcare Billing and Management Association, up to one half of all medical claims are initially rejected by insurance carriers. Medical Insurance Billing and Coding specialists must therefore need to learn how to skillfully adjust and resubmit claims in a way insurance companies are more likely to accept.

Paper vs. E-Claims

In the past, virtually all medical billing and coding was done on paper, which was slow, inefficient and expensive. Today, more and more claims are being filed electronically, although paper-based billing is still very common. In the coming years, computer skills will be increasingly important to Medical Insurance Billing and Coding professionals.

Training & Certification

To become a Medical Insurance Billing and Coding professional, one should take a specialized medical billing training in this field from a recognized and accredited college or university. Such programs can normally be completed in about a year. After that, industry certification is also recommended. The Certified Medical Reimbursement Specialist (CMRS) accreditation by the American Medical Billing Association is one of the most recognized of specialized certification in this field.

Medical Insurance Billing and Coding is a highly specialized field that is critical to the operation of modern medical offices. The need for well-trained Medical Insurance Billing and Coding specialists is likely to grow significantly as America's population – and the need for quality medical care – grows over the next few decades.
Author:Allen B. Ury
Source:http://www.articlesbase.com/

Low Cost Medical Billing Outsourcing Fees

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Medical billing outsourcing services at lower medical billing services fees is what global doctors, physicians, healthcare agencies, hospital can expert at Medical Billing India with increased revenue collections up to 2-10%.

Medical Billing India one of the leading medical billing and coding, insurance claim processing services providing company with more than 17 years of successfully delivering accurate, prompt and profitable medical billing and coding services to its global clients from countries like USA, UK, Australia, New Zealand, Canada, Ireland, Indonesia, France, Italy, Germany and other parts of European countries.

Contact Medical Billing India for guaranteed increase in your cash and reimbursement collection at 40-60% lower medical billing services fees http://www.medicalbilling-india.com/contact.php

Why Medical Billing India for Your Medical Billing Outsourcing Works:

• Risk free medical billing services
• Increased reimbursements up to 2-10%
• Fast revenue collection on pending claims
• Quick and effective medical billing process followed
• Use of advance medical billing, coding and claim processing technologies
• Complete reports for compressive analysis
• Reduced paper work
• 40-60% cheaper medical billing services process
• Experienced team of more than 17 years
• Industrial experienced, certified medical billers, coders and claim processing team
• Wide range of claim processing, billing and coding experience
• 24/7 online supports for clients
• Secure and well equipped billing and coding centers in India
• HIPAA compliant billing and coding services
• Free trail for clients helping them check quality and many more

Medical Billing India well known to provide cheaper medical billing services with error free billing and coding at lowest medical billing prices than what is charged by other medical billing companies.

Services including healthcare billing services, physicians billing services, medical insurance billing services, online medical billing services, electronic medical billing, patient billing services etc are provided helping clients to get more collection inflow.

Contact specialized medical billing professionals to save up to 60% cost on info@medicalbilling-india.com and to know more http://www.medicalbilling-india.com/medical-billing.php  

Posted via email from medicalbilling's posterous

Healthcare Claim Processing Services to Improve Claims, Lower Cost

Medical Billing India an experienced medical billing, medical coding, insurance claims processing services providing company process more then 17 years of experience and expertise in helping out its global clients from countries like USA, UK, Australia, Canada, France, Germany, Italy and other European and Western countries at 40-60% lower claim processing cost than what is charged locally there.

Ask for a free quote for healthcare claims processing requirements as per ICD-9 and HIPAA standards on http://www.medicalbilling-india.com/contact.php

Key Benefits on Outsourced Health-care Claims Processing Services at Medical Billing India:

• Cost saving up to 60% than local charges

• Fast and 99.98% accurate claim processing

• Adherence of ICD-9 and HIPAA standards

• Proven records of 98% claims processing with in 30 days

• Reduced denied, un processed, pending claims

• Electronic claim processing services available

• Accurate billing and coding by certified professionals

• Reduced cost of healthcare claim processing to clients

• Highly skilled and trained team of claim processing staff etc

While being cost effective, healthcare claims processing services at Medical Billing India helps its clients to increase and improve claim revenue. Professional and certified medical billers, coders and insurance claim processing experts helps clients to save time and money efficiently and fulfils their regular need of healthcare, medical, life insurance, Medicare claim processing and other insurance claim processing requirements.

Outsourcing medical, healthcare claims billing services to experts at Medical Billing India helps professionals to dedicate their valuable time to practice, which in turns helps to render their medical services as a whole.

Contact certified professionals to get cost effective, fast and accurate healthcare claims billing services on info@medicalbilling-india.com and to know more visit us on http://www.medicalbilling-india.com/health-claims-processing.php
Author: Ray Charles

Denial management in Medical billing

It's true that effective denial management can increase healthcare collections to a huge extent. For years and years, we know how the healthcare billing industry functions and how important it is to focus on denial management. We would be losing about 10% of collections as ‘uncollected' amount if we don't work on denial management effectively. That's why denial management is given great importance, though every process is significant in medical billing.

Denial management requires more of analytical and decision making skills. Whether you work for a medical billing company or a physician's office, the gauge of your expertise lies in how you deal with the denied claims and get it paid. Even for a tough denial, there is a possibility to get it accepted by the insurance carriers through a strong re-appeal. To do that, you have to be an expert in the field, be attentive to details, and actively look for industry updates. Most importantly, you should possess logical and out of the box thinking capability.

Managing Denials:

Insurance carriers deny claims if it doesn't comply with the insurance policies put forth by them. Therefore, a farsighted approach can help a lot in handling denials and avoiding reworks. We usually learn from the denials, how not to submit a claim. But, when you have to collect others' money, you cannot experiment. Making repetitive mistakes can be extremely costly and you have to be smart enough to avoid any such denials in the future.

Let us see the four main steps to be followed to manage denials effectively:

1. Analyzing the root-cause behind denials: When a claim is denied, it is important to understand the root-cause issue rather than working to get the claim paid. When you don't perform the root-cause analysis, you may get the claim fixed but you will get similar claims denied for the same reason. Working on same denials again and again will badly hit your progress and you will be doing unnecessary reworks which demand time and resource that can be utilized for process improvement.

2. Decision making: Once you have found the underlying issue behind the denial, all you have to do is decide how the issue can be fixed permanently so that you will not encounter such denials again. You have to do some groundwork before you arrive at a conclusion. Check if there are any loopholes in your solution. Put yourselves in the shoes of insurance carries and think. Remind yourself that you are working on deadlines and your decision has the power to reap incredible dollars. While doing so, you will be able to get a 360 degree view of the issues and decide accordingly.

3. Corrective measures: Now, you have found the issue and decided on the solution, next is to implement it. Prepare a checklist, collect all necessary information and / documents and make calls if needed. Make necessary corrections in all appropriate areas of medical billing software. Screen-print the claim and audit thoroughly. Once you feel it is ready to go, re-submit it to the insurance carrier.

4. Document the solution: Wait until the claim gets accepted. When the claim gets paid, immediately document the solution that aided payment of the claim and communicate it to peers who work on denial management so that everyone is aware of the solution to the issue.

Tips to effective denial management:

1) Maintain a separate file to enter the ‘cause for denials' and ‘corrective measures'. When there is a peculiar case of denial, it should then be updated immediately in this file so that over a period of time, it would become a handbook for AR Analysts and would help them in managing denials more effectively

2) Provider hand book contains enormous information on insurance policies. Referring to it will solve many issues with denial management.

3) Whenever there is a new update in the industry, it should be communicated to all team members and alerts should be set in the medical billing software so that related errors will be avoided.

4) Set up a ‘utilization review team' that will do complete denial analysis and compare denial solutions provided to different client accounts to get best solutions out of it. The team will also work on under payments and provide readymade solutions to denial issues.

Give equal importance to these tips and make sure that you don't miss out with new updates in the medical billing industry. Before you become aware that you had failed to notice the latest updates, you would be in a situation to face denials. Avoid it!

When claims can be denied for various reasons, we cannot bring all denials under a common roof, but in case of global actions we need to be more proactive to act accordingly so that we can avoid similar denials. Also, whenever there are denials, it is essential to prioritize, visualize the issues and take the necessary action. Following these tips can assure you more collections than expected.
Author:Ecareindia
Source:http://www.articlesbase.com/

Medical Billing Services - Maximum Reimbursement for Your Claims

Medical billing services are specifically oriented towards optimizing the effectiveness and efficiency of your medical facility. Outsourcing firms that offer these services employ advanced billing processes to help you get maximum reimbursement for your claims. Besides ensuring financial stability, these services give you more time for your core task of patient treatment.

Advantages of Medical Billing Services

Medical billing service companies have a dedicated billing management team to deal with each and every phase of the billing processes of medical practices. They use advanced technology to work out comprehensive solutions for getting your claims efficiently processed. To get maximum reimbursement for your claims, they take care of your accounts and capture payments by submitting and following up the claims made to insurance companies. The main advantages of professional medical billing services include:

• Efficient processing of claims
• Systematic follow-through of submitted claims

• Adherence to HIPAA guidelines
• Meet any turnaround time requirements
• Possess work force trained on privacy, security, and confidentiality
• Work on your medical billing software or their web based practice management software
• Conduct weekly meetings to discuss progress and go over reports
• Integration with prominent EMRs (Electronic Medical Records).

Considering the needs of hospital-based emergency physicians who deal with patients in life-threatening situations, several well-known outsourcing firms deliver customized medical billing services to meet their needs. They offer bottom-line solutions to increase their collections, reduce days in A/R and attain visibility and control over their financial trends.

The efficient medical billing and coding specialists in these firms are well-informed about the latest medical billing and claim processing norms. Using advanced medical billing software including Practice Admin, Eclipse, Medic, E-clinical, Lytec and so on, they accurately process all medical bills and claims.


Wide Range of Services

Companies providing medical billing services can provide quick and accurate results. Their professional services ensure speedy claim reimbursement. Most companies use billing software such as IDX and Practice Admin to speed up the billing process. Their services are available for almost all billing needs which include:

• Patient enrollment
• Insurance enrollment
• Scheduling
• Insurance verification
• Insurance authorizations
• Scheduling and rescheduling
• Coding
• Billing and reconciling of accounts
• Collections
• AR collections
Medical billing service providers utilize the best medical billing and coding software that can cover a wide variety of tasks. Besides streamlining the billing process, it facilitates the integration of the entire patient management system. State-of-the-art medical billing software makes it easy to access patient data; schedule patient appointments and do other associated tasks.

Go for Professional Services

As part of the medical billing services, most service providers provide insurance verification and authorization services as well. To get maximum reimbursement for your claims, the best option would be to approach professional and reliable service providers.
Author:mososimos
Source:http://www.a1articles.com/

Medical Coding Outsourcing - Simplifies Your Workload

Today, healthcare providers are increasingly seeking the support of medical coding outsourcing firms to simplify the workload in their offices. In order to help healthcare providers reduce their workload and make their practices more efficient, several professional medical coding outsourcing companies offer committed and customized services.

Medical coding companies are usually equipped with a team of experienced and highly skilled workforce to provide quality medical coding solutions to the clients. Coding experts are well versed in the most up-to-date coding rules and have expertise in using advanced hardware as well as software to ensure accurate coding results.

Having proficiency in ICD-9-CM, CPT, and HCPCS codes and standards, coders make use of software such Flash Codes, Encoderpro, CPT 2005, Coderite, Edit Pro, and more to ensure outstanding coding accuracy. Medical coding services are offered for all branches of medicine such as pediatrics, nephrology, endocrinology, radiology, psychiatry, cardiology, internal medicine, physical therapy, gastroenterology, orthopedics, ambulance services and more.

Medical coding outsourcing services include:

* CPT coding
* Hospital/in-patient coding
* Hospital/out-patient coding
* DRG/ICD-9-CM coding validations and review
* Emergency room e-code evaluation
* Payer specific coding requirements
* Medical coding audits

Hiring the services of a medical coding outsourcing firm will not only help you simplify your workload but also improve your office efficiency, minimize chances of denials, and enable you to submit medical claims on time, and increase reimbursement. Other benefits include:

* Ease of submitting and retrieving medical documents
* Quick reimbursement
* Daily, weekly and monthly reports
* Quality process
* Save operating costs
* 100% HIPAA compliance
* Accurate coding

As there are several medical coding specialists, choosing the right medical coding service provider is quite challenging. So, before making a decision, take your time to locate reliable firms in the industry. Make sure to choose the one that offers expert yet affordable services to maximize results.
Author:Robert Kruse
Source:http://www.articlesbase.com/

Outsourcing Medical Billing Creates Value For Money

Medical billing is a complex process which demands specialist knowledge and operational expertise in this field. It is not advisable to leave medical billing processes to untrained or semi-skilled staff. Outsourcing medical billing to an experienced and professional set up may prove to be just the strategic step one needs to flourish his/ her medical practice as it creates value for money.

According to recent healthcare reforms and coverage policies of Medicare reimbursements are going to reduce while the numbers of claims are expected to increase exponentially. This will create pressure on the administrative staff to handle excess billing volumes which are to be seriously anticipated by all healthcare units. Outsourcing organizations plan for these updates in advance and are well equipped to make sure that the provider's reimbursement grows from time to time.

Apart from strategic savings from outsourcing, providers can also capitalize on the following advantages.

1. Resolve most Human resources issues

Skilled Manpower Shortage is the most compelling reason why provider's need to outsource their medical billing to a specialist who provides these services. Medical Practices are often challenged by employee turnover and practice growth.

Attrition and shortage of skilled staff are no secrets in the healthcare Revenue Cycle Management industry. Once an in-house medical billing specialist leaves, the practice is forced to fill the vacant place right away or the revenue may be compromised with any level of resource capability. Each incoming resource comes in with prior experience and tries to implement his/ her practice which may or may not be acceptable to every practice. Outsourcing partners are in a better position to tackle this situation as they operate with bench strength and have set procedure to handle attrition.

"There is an 18% shortage of coders nationwide and this shortage is increasing in the upcoming years" - AAPC (American Academy of Professional Coders)

Practice Growth:

As the volume of the business increases, revenues must also grow but with most in- house billing processes the claims are just not managed appropriately. In order to increase collections one has to increase the team size which adds to fixed costs and does not guarantee results. But outsourcing companies give the option of 'pay as you earn' linking their own income with performance.

2. Revenue Cycle Optimization:

The question that arises before any provider today is, 'What is the current Billing cycle?'; When the answer to the above question is anything more than 60 days, it's time to overlook your medical collection processservices. Outstanding revenues and a disorganized revenue cycle - these are two major factors that pull down the financial efficiency of Providers. Effective Outsourcing Partners must deliver the

Faster revenue realization with efficient denial management.

Constant monitoring of account receivable (AR) days.

Get unpaid claims tracked for payments on a daily basis for regular payouts.

Accelerate your cash flow by timely follow up with the payers and subsequently with patients for unpaid claims.

3. Better financial controls with timely reports: Outsourcing partners usually provide detailed reports for provider reference; they provide daily, weekly and monthly reports explaining the status of collections and the efficiency of their services. Some of these reports are further segregated by provider wise, payer wise and also the monthly outstanding.
These reports help providers to take better decision and plug issues before they become messy. Some outsourcing partners also provide consultancy on payer contracts and get better negotiation for providers.

4. Leverage sophisticated technologies with inexpensive IT support:

Medical billing Ooutsourcing gives you the freedom from dealing with costly software and hardware maintenance contracts. You don't have to pay for or install software updates or server upgrades and also eliminates the need to back up your data each day. Depending on the size of the operation to be handled an IT support can be employed or can be called as per need. But the latest technology can be utilized by using outsourcing partner's system as they would invest with only the best in class technology.

5. Structured and organized operations:

Outsourcing Medical billing and coding processes carried out by certified and expert professionals are much more reliable. They process claims electronically but have various levels of audit before the claim reaches the final payers.

If any claims are rejected, the cost of correcting the error is borne by the outsourcing partners and they also thoroughly analyze the error to avoid such errors in the future. Rejected claims are resubmitted after correction. The speed of the claims submission is usually faster with them as the denial management report is generated almost immediately. This problem resolution ultimately results in faster reimbursement.

6. Tax benefits:

In- house staff invariably requires a lot of time, effort and resource from the practice's end when compared to outsourced staff. The amount invested in an in-house staff member's contribution towards insurance and welfare fund is very high.

It is now a proven fact that outsourcing is a way to reduce tax liabilities because with the expenses being incurred with the outsourcing process, the medical practice can sometimes be assessed for a lower income tax. Outsourcing medical billing services provides you the tax benefits as you don't have to directly employ people for this process and therefore you can minimize staff expenses and maximize possible efficiency, this can prove to be a winning edge in a very competitive arena.

7. Supports the core function while enhancing growth:

The core function of a medical practice is to care for its patients and all other support functions which are just as critical to the process must be taken care of by just as much precision as the basic function. Thus partnering experts of those functions is always a viable option. Outsourcing companies understand your concerns and thus provide you with all tools to manage your finances. They provide regular reports; keep track of the financial position of the medical practice. It mainly provides advice on various areas of improvement, resulting in overall positive growth.

All this at lower costs and schemes where you 'Pay as you earn', this surely seems like a win-win situation for both parties. Outsourcing sure creates value for all parties and truly justifies business decisions!
Author: SanjanaSingh
Source: http://www.articledashboard.com

Tracking Your Medical Claims Reimbursement

EOBs (Explanation of Benefits) with its attached claims must always be monitored before posting payments to the patient’s account. Responsibly ask yourself, were you reimbursed correctly? Are you sure the claims were processed properly?

Look at the following scenario:

(1) 100% or Full Reimbursement is definitely NOT a good sign! The insurance could have reimbursed you below the maximum based on your fee schedule. The worst scenario would be, you are perhaps charging the insurance lesser or lower than what they are willing to pay on maximum. Do you have your fee schedule? If no, you must request this from the insurance companies that you are contracted with. Always review your contracts.

(2) The EOB shows NO PAYMENT is most likely due to Coding Issues or Non-Coverage of the patient. Make sure you use the proper codes. Be careful with outdated codes. Always discuss coding solution rather than more on what you want to get reimbursed. Consider lack of documentations. Many insurance companies require attached documentations to support medical necessity on each claim submitted. Consider Workman’s Comp or Auto Accident Cases. Managed Care Patients.

(3) The EOB shows “reduced rate” payment. You must suspect that this might be due to improper coding. There might be one or more procedure code lines. Many procedures also require codes for drugs, radiology to be coded separately. Proper use of modifier is also an issue. Use of place of service POS code 11 or such as 22. Most insurance company pays lesser if the procedure is done in an outpatient hospital than in the office. Limitations on number of frequency per day might also be the reason for reduced rates. Non-Authorization is also a possible cause. Be careful with unbundling codes and mutually exclusive procedure codes.
Author:Pinky Mcbanon
Source:http://www.articlecity.com/

Outsource Healthcare Claim Processing At Low Cost

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Accurate, fast healthcare claims processing and increased payment of claims has been the common interest of hospitals, doctors, physicians, healthcare professionals, insurance agencies. And it has been found that outsourcing medical claims, healthcare claims processing services helps a lot to increase revenue up to 2-10%, reduce denials, and turnaround time of particular claims.

Medical Billing India an experienced medical billing, medical coding, insurance claims processing services providing company process more then 17 years of experience and expertise in helping out its global clients from countries like USA, UK, Australia, Canada, France, Germany, Italy and other European and Western countries at 40-60% lower claim processing cost than what is charged locally there.

Ask for a free quote for healthcare claims processing requirements as per ICD-9 and HIPAA standards on http://www.medicalbilling-india.com/contact.php

Key Benefits on Outsourced Healthcare Claims Processing Services at Medical Billing India:

• Cost saving up to 60% than local charges
• Fast and 99.98% accurate claim processing
• Adherence of ICD-9 and HIPAA standards
• Proven records of 98% claims processing with in 30 days
• Reduced denied, un processed, pending claims
• Electronic claim processing services available
• Accurate billing and coding by certified professionals
• Reduced cost of healthcare claim processing to clients
• Highly skilled and trained team of claim processing staff etc

While being cost effective, healthcare claims processing services at Medical Billing India helps its clients to increase and improve claim revenue. Professional and certified medical billers, coders and insurance claim processing experts helps clients to save time and money efficiently and fulfils their regular need of healthcare, medical, life insurance, Medicare claim processing and other insurance claim processing requirements.

Outsourcing medical, healthcare claims billing services to experts at Medical Billing India helps professionals to dedicate their valuable time to practice, which in turns helps to render their medical services as a whole.

Contact certified professionals to get cost effective, fast and accurate healthcare claims billing services on info@medicalbilling-india.com and to know more visit us on http://www.medicalbilling-india.com/health-claims-processing.php

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Outsourcing Medical Billing And Coding - Reduces Your Denials

Outsourcing your medical billing and coding processes is the best way to reduce denials and enhance reimbursement. There are currently many medical billing companies that offer these services. When you go for medical billing and coding services, you are assured time and cost savings in addition to error-free billing and coding.

How a Medical Billing and Coding Company Helps to Reduce Claim Denials

Claim denials usually result from coding errors. Physicians and their office staff may not have in-depth knowledge regarding complex coding regulations and the requirements of different payers. A reliable medical coding company will have on staff certified medical coding specialists thoroughly knowledgeable regarding coding for multiple specialties. They will assign the correct diagnostic and procedure codes and ensure error-free claims. The entire coding is done in strict compliance with NCCI (National Correct Coding Initiatives (NCCI) and Local coverage decision and medical policies (LCD) guidelines. This automatically results in fewer denials and enhanced revenue for your medical practice.

Medical coding team well-versed in ICD-9, CPT and HCPCS Level II codes for all medical specialties
Clean claims, with 3 level quality assurance procedure to ensure maximum accuracy
The latest medical software is used for accurate coding and billing
Outsourcing Saves You Time, Money and Effort

Outsourcing of medical billing and coding to a recognized service provider can save your valuable time. You can devote more time to your core activities including patient care and enjoy improved patient satisfaction. Outsourcing to dependable medical billing companies also brings cost savings because it is much cheaper than having in-house staff do the same job, in which case you will have to invest heavily in training programs, software and other requirements. Then you are also freed from the tedious task of billing and coding and managing your records. Here are some of the billing services a medical billing and coding company offers:

Patient enrollment (demographics and charges)
Insurance enrollment (for physicians and offices)
Insurance verification
Insurance authorizations
Coding and audits
Billing and reconciling of accounts (payment posting)
Account analysis and denial management (EOB analysis)
AR management (insurance and patient)

Usually, the medical coding solutions offered include:

Hospital / in-patient coding
Emergency room e-code evaluation
Medical coding audits
Backlog coding resolution services
DRG/ICD-9-CM coding validations
CPT medical coding
ASCs Ambulatory Surgical Centers Coding
ICD-9 coding based on AMA and CMS guidelines
Outsourcing Companies Guarantee Confidentiality and Security

When you go for medical billing service from an established firm, you can be assured that the security and confidentiality of your patient information will be strictly maintained. Companies offer HIPAA compliant medical billing and coding, flawless claims, reduced denials, regular follow-ups, and timely reimbursement that will all work together to enhance the revenue of your practice.
Author:mososi
Source: http://www.articlesnatch.com/

Why Outsource Electronic Medical Billing?

The electronic medical billing makes easy life and medical collections successful in a medical practice. Questions about the medical invoices can be answered before the invoice becomes late because of the faster response times. The process of payment complicated for insurance companies will not overcome any more one office of invoicing.

The medical billing productivity can be openly connected with the various types of medical billing software. Now a day, medical billing process becomes easier because of Electronic medical billing services available online.

Benefits of outsource medical billing services are:

Highly Skilled and Trained Personnel
Low Cost and High Quality
Quick turn-around-time

The audits of payment differed by investigators from insurance are less frequent with the electronic medical billing. The increased margins come with a more precise and easier billing. Savings cost and productivity, including very less clerical errors reduced office workload, and improved coding come with electronic billing. And electronic billing offers benefits such as compliance requirements, financial and work flow controls, and precise procedure coding for patients.

Yet further reasons for choosing electronic medical billing service because of fast, accurate and greater flexibility. Medical billing process is accurate and less susceptible to penalties by electronic medical billing. To reduce error and issue of duplicate medical bills, electronic medical billing is the best way to improve your business efficiency.

Electronic medical billing is a cost effective way to increase cash flow and guarantee billing compliance. Once you have decided on electronic billing, the next step is to choose which methods best suits your office.

Offshore medical billing has highly skilled medical billing professionals, coders and the state-of-the-art technology to overcome the obstacles like under pricing. To get more information about medical billing company contact us.

Author: medicalbilling1
Source: http://www.articledashboard.com

Outsourcing Medical Coding and Billing: A Cost Saving Option

The medical practitioners can improve their efficiency and concentrate on providing superior health-care services to patient, if they outsource medical coding

If you think to have in-house medical coding and billing division, you must have to think on the cost factory. On an average, a skilled medical coder or biller costs $13 to $16 per hours in United States. It is one single cost but you have to add the cost of setting up computers and software. You also have to allocate the office space that is a huge capital cost!

Now, have a look at other side. If you outsource, there is no need to spend for computers and software as well as the office space. The price varies as you choose the country to outsource the task. If you choose India for medical coding and billing services, you can surly save more than 40% on the cost. This huge cost savings helps to save millions of dollars of clinics or hospital.

If you want to calculate annually, the expert may cost $37,000 while you can get same service from outsourcing company at very low cost that is equal to 2% of total claim reimbursement. You can easily evaluate the cost in both situations. You will see the drastic cost cutting if you go with outsourcing medical coding and billing.

Medical coding and billing services is performed through the internet. The billing and coding company setup Virtual Private Network and a special application that is used by hospitals. They define the access level for coder/billers for documenting. The insurance claims are processed by authenticated biller.

This option is within HIPAA guideline because you are managing the patient's confidential documents within the special application that is used by hospitals or clinics. It is not just benefit of outsourcing medical coding and billing requirement. You can also decrease the time frame of coding and billing. So outsourcing of such task can save cost, time without disturbing the confidentiality.

billing task to service provider. It is used to hand over the responsibility of document management and billing task to outside. This serve both benefit to you, savings of time that is spent for benefit of the patients and huge savings on the cost.

Author:Ray Charles likes to write on medical related topics. He is currently affiliated with Medical Billing-India, a company providing medical billing and medical coding services. He invites you to log on http://www.medicalbilling-india.com

A Look At Medical Billing Services

Medical billing services cover a wide range of activities but the main goal of any medical biller is to process physician super-bills (treatment description) and file claims with insurance companies to ensure that their clients are paid the proper amount in a timely fashion.

A typical medical billing business, working independently from a hospital or clinic, uses medical billing software to input clients’ new billing data and send it to the appropriate insurer, while also adhering to all the appropriate laws and standards. Medical billing services also include answering patient and insurance company questions and concerns, and follow-up in the case of overdue payments. Using the medical billing software at their disposal, medical billing companies often generate reports for their clients so they can see a cash flow analysis and discover what insurance contracts are making them money and which ones are not.

Medical billing services combine the skills of interpersonal communication, bookkeeping, office and computer skills, with basic medical knowledge to provide clients with an accurate and efficient method to be reimbursed for their services.
Other medical billing services can be to provide information to a client on how to more effectively manage their practice. Physicians and hospital/clinic staff often find themselves at odds with one another over billing issues, especially when it comes to how to process billing information. Medical billing businesses sometimes offer training to teach hospital and clinic employees how to more efficiently and correctly process claims and follow-up on collections.
Author: Damian Sofsian
Source: http://www.articledashboard.com

Get 24x7 Accessible Medical Billing Service With Competent Security And Perpetually Backup

The service of medial bills is cost effective solution and with utilizing exclusive technologies, it provides several benefits to the customer and the health professionals such as it saves the money through the billing options or in house billing. It increases the cash flow and minimizes the electronic denials, it’s an easy going process and requires only high speed internet for comprehensive accessing, and you can get your real time data with full visibility and 24x7 accessing.

Medical Billing Services process is 100% HIPAA compliant; it’s a web based process and provides comprehensive security to the customers and provides the easy going accessing to the medical professionals. Through the up-to-date data encryption, inclusive monitoring and anti-virus protection assure you that all the date secured with the perpetually back up, so it give the competent customization and flexibility to the customers. Moreover, the medical billing also handle the bills of work comp, personal insurance, commercial and government payers, secondary and tertiary billing, monthly patient statements, etc.

If the service has to pay for Medical Billing Claims, the claims are processed and provided on time; the claims that are denied are called on; the customer have to provided all the information, that are needed to complete the billing claim procedure. However all the information and details provided by the consumer remains confidential by the web based billing software, by the use of password and security measures, all the health related details remain secured with eternally back up. Aside from these the exclusive service includes the coding by certified professionals, insurance verification, comprehensive soft collection and 24x7 accessing increases the collection amount and reduced the billing cost.

Physical therapy medical billing accessing is becoming more common now a day; the physical therapy professional prefer medical billing services, saves time, effort and money. Additionally the health professionals get free from the hassle of spoiling time for sending bills, catch up the un-paid bills, comprehensive finishing of paper work and more. Moreover, the services also provide you high quality equipments, tools and physical therapy medial professionals. However the medical billing services deal with billing, not with the just the collection; if the payment is due of the patients, we send out a series of friendly letters as a reminders of their balance and encourage them for contact and paying the bill for getting the uninterrupted service.
Author: Seo Deliver
Source: http://www.articledashboard.com

Medical Billing India Offers Medical Billing Services Increasing Collections 10-20%

Outsourcing medical billing services to specialized medical billing companies in India has become the most efficient and cost effective way maximizing revenue up to 10-20%.

Medical Billing India one of the leading and experienced medical coding, insurance claim processing and medical billing services providing company enabling doctors, physicians, health care professionals, hospitals, insurance agencies, govt. organizations, business to receive increase reimbursements faster and consistently at lowest medical billing fees.

Save up to 40-60% outsource medical billing cost by hiring certified medical billers at http://www.medicalbilling-india.com/contact.php

Medical Billing professionals at Medical Billing India utilizes advance, proven and authenticated electronic medical billing and coding tools and software allowing them to deliver accurate, on time and fast medical billing services.

Benefits outsourcing medical billing services to Medical Billing India:

• Insurance verification and entry by experts
• Electronic claim filling
• Error free and lower medical billing rejection rates
• Professionals claim appeal and regular follow up
• Eliminate in-house medical coding and billing requirements
• Cost saving on billing software, hiring professionals, equipments
• HIPPA compliant medical billing and client confidentiality
• Proper monthly billing reporting to clients
• EMR, E-prescribe and ICD-10 (Compatibility for 2013)
• 40-60 lower medical billing and coding fees
• Free quotes for client with in 24 hour and many more

Medical Billing India process experience of successfully completed medical billing requirements of its clients from Folsom, California, Nashville, Tennessee, Coral Gables, Florida, Indianapolis, Indiana, ,Lithonia, Georgia, Carmel, New York, Lowell, Massachusetts, Wayne, Michigan, lake Oswego, Oregon, Wayne, Michigan, Vermilion, Ohio, Olean, New York, Nevada City, Lubbock, Texas, Texarkana, Anchorage, Alaska, Portland, Oregon etc

Outsource medical billing, medical claim billing services, medical insurance billing services, medical transcription, online medical billing services, patient billing, physicians billing services, electronic billing services, and health care billing services at lowest medical billing fees in India. For more details contact us on info@medicalbilling-india.com and visit us for more on http://www.medicalbilling-india.com/physician-billing-services.php

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Hipaa Compliant Physician Billing Services For Gastroenterologists

Physician billing companies offer healthcare professionals cost-effective solutions to save them time and money. Gastroenterology practices are getting busier by the day with the rise in the number of patients. To simplify their administrative tasks and maximize reimbursement, reliable service providers offer HIPAA complaint physician billing services to specifically meet the needs of gastroenterologists.

Medical billing solutions in keeping with HIPAA norms

Accurate medical billing and coding for gastroenterology is challenging and requires a high level of knowledge to ensure maximum reimbursement. A reliable outsourcing company would ensure compliance with the Health Insurance Portability and Accountability Act of 1996 (HIPAA). This act mandates:

Standardized formats for all patient health, administrative, and financial data
Unique identifiers (ID numbers) for each healthcare entity
Security mechanisms to ensure confidentiality and data integrity for the information

While delivering error-free medical billing services, the confidentiality of patient and practice information is maintained at all times. Every measure is put in place to ensure that patient information is secure and accessed only by authorized personnel. HIPAA compliant medical billing company ensures

Periodic backup of data and critical facilities accessibility
Secure workstations, storage facility and authorized access
Firewalls and antivirus software on all systems are updated frequently
Technical evaluations are performed on a routine basis
Affordable pricing: with 30 to 40% cost savings
Free billing analysis
Uses password protected lockers

Accurate medical billing services

The billing procedure begins when the patient enrolls for treatment and goes on till all his or her claims are settled by the insurance company .The billing procedure passes through several steps. Gastroenterologist medical billing services cover patient enrollment, insurance verification, coding, billing and reconciling of accounts, and accounts receivable collection.

To ensure error-free and HIPAA-compliant physician billing services, gastroenterology practices need to choose the right outsourcing company. Factors that must be considered when selecting a service provider are:

Secure file transfer modes such as FTP, browser-based or encrypted email
Customized billing solutions in client-specific turnaround time
Accuracy in claim processing and submission
Regular QA checking with readily available reports
Quick reimbursement
24-hour customer support service
Organization structure, technical equipment and capabilities, and administration procedures that are compliant with HIPAA privacy and security norms
Billing services at affordable rates

It is important to ensure that the company has an expert team on the job and wide experience in handling claim submission. This will ensure timely and maximum reimbursement. As there are many medical billing companies out there, it is important to do some online research to locate a service provider offering efficient HIPAA compliant physician billing services for gastroenterologists.
Author:mososi
Source: http://www.articlesnatch.com