Monday, April 30, 2012

5 Benefits of Outsource Medical Billing

Outsourcing office procedures like payroll, benefits, maintenance services and billing has been the trend for quite some time now. This practice is most common among medical and healthcare facilities. The new trend in operating such business or company has come to life when people discover the benefits of outsourcing some office procedures. But among the office procedures given, outsource medical billing gives the most apparent advantages to medical practitioner and hospital owners.

In line with this, here are the 5 benefits of outsourcing medical billing.

1. Outsource medical billing helps you save time. This is one of the most problematical tasks that most medical companies usually face. The person in charge of the billing is definitely required to give his best and enough time to make the job right. Hence, outsourcing it from trusted billing companies could definitely give you more time to focus more on more important things inside your clinic or hospital and this could be treating your patient or focusing more to their health.

2. Outsourcing your billing can without doubt help you save money. As you know this requires an intensive effort from an expert. This office procedure is not the easiest among procedures in any organization. Hence, you must spend a lot of money to hire the best people you can trust with the work. Doing this can definitely cost you more than you know. So to cut off on these excess costs switch to outsourcing.

3. Another great thing about outsourcing is that you are sure to get the expert on the field. Hence, the probability of you encountering errors to billing in particular is already reduced. One of the most common problems of clinics and medical institutions is the error in executing the billing. Your staff is prone to committing errors since he or she might be required to do other job than billing. But if you outsource, you can definitely get someone or a group of people that will dedicate all their time and energy to make things right for you.

4. It can give you more security so you can have a peace of mind. Outsourcing medical billing simply means getting a bunch of people that will dedicate their full time and energy to get everything related to the billing done. If your organization has some inconsistencies, your outsourced medical billing firm can definitely notice them.

5. Outsourcing can also help in improving your business management. A trusted and expert firm is totally a great associate in your business. It will be responsible for sending you out claims and financial record wherein you can determine the stability of your company. Most outsourcing firms also provide detailed information and techniques on how you can improve your profits.

There are surely a lot of things you can get from outsourcing your medical billing, things that can contribute greatly to your company's success. This only proves that outsource medical billing is definitely the best and most ideal thing you can do to help your company achieve its goal!
Author:Jet Jones

Friday, April 27, 2012

Features of Electronic Medical Billing Outsourcing Services

Features of Electronic Medical Billing Outsourcing Services

Medical billing is a core competency that can efficiently manage all your billing needs. Medical billing specialists often have years of experience and influence with key insurance payers that can stand you in good stead with your billing requirements.

Are you in difficulty?

With EMR use, if indeed you are facing an increase in denials and operating costs, which accompany lower reimbursements and if you are spending more time on your practice administration than patient care, then its probably time to look elsewhere for professional billing needs to be met. A wide range of options are available overseas to help make Electronic Medical Records use more efficient, if you have the enthusiasm to look! Regardless of the size of your practice, help is available for comprehensive and fully integrated medical billing solutions.

The price you pay for loses

Research surprisingly reveals that with use of EMR, one-fourth of all medical practice income is still lost due to under pricing, under coding, missed charges or unreimbursed claims. It is said that hundreds of millions of dollars is lost due to medical billing errors. It is time to ask if your company too, is losing seriously with Electronic Medical Records services, and needs better and more thoughtful management in this regard. Help is available to reverse the trend and regain lost revenue and enlarge your profits, utilizing electronic claims and personalized reimbursement strategies. So remedy the situation quickly and efficiently with medical billing outsourcing services.

An Author is an Contributor writer for this site and plays a major role for this site -
EMR | Electronic Medical Records | electronic medical record
Author:smowildnet

Thursday, April 26, 2012

Medical Billing Challenges In Family Practice

Family Medicine forms a crucial point of entry in the health care system, and the need as well as the shortage of family physicians in the United States is becoming a growing concern. Other specialties such as radiology, neurosurgery, and dermatology are more attractive due to the higher amount of compensation provided to physicians in these areas. Moreover, the looming Medicare cuts that have been postponed for a long time and are now extended to January 1, 2012 presents another problem for family practitioners for avoiding losses in income.

Another important factor is the health reforms coupled with increasing number of aging baby boomers in the coming years which would keep family physicians busier than before and hard pressed for time and money.

Chronic Hurdles

Medicare is facing problems because of Federal fiscal troubles and Medicare cuts have been proposed in order to compensate for the rising health care costs. The recent debt ceiling increase at the eleventh hour by the government bears witness to the fact that Medicare is unable to withstand the increasing pressure brought on by a large number of aging population in the country. The inevitable solution to this income crisis faced by family physicians and in the field of primary medicine is better payer performance and adhering to the guidelines in regards to administrative or other processes involved in the revenue cycle management. These chronic pressures in the revenue of family physicians can be relieved by ensuring reduction of errors in the billing and coding procedures which are becoming more complex and extended in nature. Professionals who can perform better payer interaction and medical coding and billing can bring about speedy and fair reimbursement compared to an inexperienced or overworked in-house staff.

The Geriatric Paradox

The increasing number of baby boomers and elder people indicates better life expectancy but also makes physicians, hospitals and clinics dealing with chronic illnesses associated with old age busier by the day. Moreover, the Medicare fiscal issues exacerbate the problem by proposing to provide easy access to insurance for the elderly but lesser payments for physicians. As the baby boomer population grows, the number of physician-patient encounters by the elderly would also increase drastically, leaving very less or no time for physicians to handle paperwork or administrative tasks. Outsourcing the whole process of billing, coding, and payer interaction can be an easy and a frugal solution to relieve the administrative burden faced by physicians and health care providers.

ICD-10 and Family Practice

The migration from ICD-9 to ICD-10 codes is a major overhaul in the medical billing and coding industry and brings more complexity to the billing and coding procedures. Moreover, the fact that family physicians face diagnostic as well as treatment challenges across all ages, gender, diseases and parts of body makes billing and coding more detailed which requires dedicated professionals in order to avoid errors. The repercussions of errors impact not only the amount of reimbursement for physicians but can also jeopardize the privacy of patients healthcare data, emphasizing the importance of error-free billing and coding practices.

How Do Healthcare IT Reforms affect Family Practice Physicians

The health reforms also extend to the health IT sector which would provide easy access to physicians, administrators, medical billers and coders, as well as insurance companies regarding the information related to the treatment and other relevant data. Dedicated medical billers, transcriptionists, and medical coders can understand these changes from implementation and testing of EMR and EHR to following up with payers to receive timely and accurate reimbursements. The need for medical coders and billers who can cut down on the errors and save physicians time and money is being felt more in the field of primary care and by family physicians due to the extensive changes in the health industry as the latest health reforms are being implemented across the country.

For more information about meaningful solutions to tackle these issues in the context of family practice and other specialties, as also for professional medical billing and coding services, please visit medicalbillersandcoders.com, the largest consortium of medical billers and coders in the United States, also specializing in Family Practice Billing.
Browse All: Houston Medical Billing, Chicago Medical Billing
Author:Prerna Gupta

Wednesday, April 25, 2012

What all Medical Billing Consultant Can Do For Your Practice

Being a doctor is a gift and a matter of great privilege and pride. But it is also a way of making a living. It is important to take all the necessary steps to maintain profitability and credibility of your medical practice. You can effectively and efficiently handle the consultation and treatment part but when it comes to medical billing, you need medical billing services to put into practice skilfully designed billing solution to perk up your earnings. Only an expert medical billing consultant can show you the accurate process of filing claims to make your medical billing competent as well as effective for your patients. So why waste time struggling with the medical billing when you can put it to a better use by treating people?

All general practitioners know that outstanding office management is much more than ensuring that your medical billing practices are efficient. When your needs extend beyond medical billing services hiring a good medical consulting firm can make sure that your office runs like clockwork. Active Management is one such veteran medical consulting firm that helps you get the business end of the office in great shape. Born out of exasperation of doctors trying to balance patient care with managing a practice, medical billing consultant of Active Management can help you tweak your trouble areas or overhaul your existing system completely to make things run much more smoothly.

Rules and regulations of insurance industry keep changing and becoming more complex and confusing. In such a scenario, keeping tab on increasingly difficult insurance industry can be overwhelming unless you are trained and experienced in medical billing practices. A seasoned medical billing consultant from Active Management will not only sort out medical billing woes but also help you find the best people for your available openings, and also advise you on how to train them for maximum efficiency.

Active management helps you surmount the most challenging facet of healthcare industry which is to achieve effective organization and profitability within the rigid constraints of the "managed care" billing environment while sticking to high standards of legal, ethical and professional standards.
Author:activemds

Tuesday, April 24, 2012

Medical Billing Services Tailored to the Needs of Individual Practices

Medical billing services tailored to the needs of individual practices are a great support to busy medical professionals for settling claims with maximum paybacks. Experienced and trained individuals make the task easier. Outsourcing medical billing to a reliable and experienced company is a wise decision to get quick and precise claim processing and reimbursement. The latest technology and software are used to guide medical documentation and billing in agreement with all medical regulations.

Role of Medical Billing Services

These services help reduce the burden of submission of claims and heavy workload, thus opening the path for additional progression in medical service. This trend will continue as the demand for billing services is on the rise because the package maintains utmost data security and accuracy at competitive pricing.

Rate of recurrence of rejections and denials from insurance companies is high due to over payment proposal, complexity of claims and errors in codes. Billing companies can take the role here to file an application with the proper documents, account details and proof to turn the decision in favor of the medical professionals.

Benefits of Medical Billing Service

You can depend on companies to provide flexible, secure and proficient medical services. Experts in this field work along with medical professionals to focus on comprehensive billing system. Medical billing outsourcing has benefits such as:

• Customized services to meet individual requirements
• Data security
• Free trial option to check whether the service presented suits your needs
• Interminable customer support
• Electronic claim proposal on same day
• Reduce overhead costs for operational and organizational procedures
• Instantaneous payment options
• Billing following guidelines of HIPAA
• Reduced volume of official procedures
• Spare time to focus on core activities for enhancing overall business
• Reduce workload of employees as well as management
• Reject the probabilities of claim denials
• Keep up the time limit

Involvement of Medical Billing Services

To cater to all your individual needs, the expert team makes an assessment of billing intricacies. Services offered to bring complete solutions of your billing needs are:

• Data entry of patient enrolment and insurance claims
• Payment transference
• Electronic as well as manual claim submissions
• Credentialing service for clients
• Medical coding
• Billing and rebilling analysis
• Follow up on accounts receivable until processing is set on
• Patient's billing queries

End to end, weekly and monthly reports are provided as part of the service. It is also possible to access your present account details and request for custom report. These services help to achieve maximum profit on your claims without giving up your medical service or patient support. That is, you can save 30% to 40% with medical billing outsourcing. Hence make use of medical billing services tailored to the needs of individual practices for success in your profession.
Author:Bob Kruse

Sunday, April 22, 2012

Efficient Medical Billing Practices Vital for Blooming Medical Practice

Medical billing practices need precision which can be a painstaking process if you are not skilled in it. You will then need to employ staff to work exclusively on medical billing and end up paying fat salaries to them. Not only this, you also need to see to it that the employees working on medical billing are doing their job properly. This can be additional responsibility and will take a major chunk of your precious time. In fact, Medical billing practices can cost you time, money and peace of mind. Many doctors now days, have started realizing the importance of handing over their medical billing practices to professionals who have the expertise to deal with it. But it’s a big question as how to find a reliable and affordable medical billing service provider? It’s also very important that the medical billing consultant you hire should be able to tackle your specific needs. Well, your search ends at www.activemds.com.

Medical billing practices can be frustrating if you fail to understand the complexities of medical billing. It does happen that when you try to manage the Medical billing practices in house, on your own you realize that you seriously lack much needed expertise. You may also not have sufficient number of employees needed to run the whole electronic billing system. Your employees may have limited knowledge and may not be aware of the latest changes happening in the industry. When working with Active Management this will never be the case. They have all the expertise, software and hardware available to provide you with the best possible options and medical billing solutions. To know more about their systems and procedures, visit www.activemds.com.

Active Management has a clear advantage over others when it comes to medical billing practices. They not only have the latest knowledge but also constantly keep upgrading themselves as per industry needs. This enables them to make accurate recommendations in organizing your medical billing and other billing related systems like insurance claims etc. Active Management is capable of offering variety of Medical billing practices because of the large number of employees they have. They offer variety of services like Medical billing, electronic submission of bills, electronic medical claim services, accounting and medical records. Medicare is another essential part of medical billing practice. Active Management can provide complete consultancy in medicare insurance of all types, let it be Part A, Part B or Prescription Drug Coverage.
Author:activemds

Saturday, April 21, 2012

Medical Billing Outsourcing -- Making Collections Easier

As a small business owner in any sector, there are a lot of things to worry about. Invoicing and billing is one of the most important factors because without income from services rendered, any business will quickly default on its own financial obligations. The same holds true for doctors' offices. However, their accounting can be even more complicated because insurance companies can be unpredictable about paying out their claims. Medical billing outsourcing can help eliminate some of this confusion, which consequently eliminates the need to hire additional staff dedicated to collecting payments and claims.

Basic health care services, including an annual check-up or treatment for a minor cold, can be fairly inexpensive. However, this cost can add up for families with young children or older patients with multiple health concerns. Luckily, carrying health insurance helps to cover some of these costs, so all the patient has to do is provide their health insurance information to pay for their doctor's visit.

Unfortunately, collecting payment from the insurance company is easier said than done, especially since medical billing is regulated by a complicated coding system. This system helps the insurance company to process thousands of claims per day, and the doctor's staff must be specially-trained in order to efficiently use this system.

Hiring new staff isn't always practical, since the cost of employee training, salary, and benefits might not always be affordable for smaller practices. Likewise, some professionals may attempt to handle the billing themselves, only to find that it is too time-consuming and takes too much focus away from their patients. Furthermore, industry studies have found that claim rejections due to coding errors are very common.

Medical billing outsourcing is indeed a quick and easy fix for getting payment from the insurance company without the need to hire additional staff. Increasing claim revenue is one of the biggest advantages to outsourcing these services. Many practices, both large and small, can ill-afford long billing cycles simply because they are slow to output their claims or experience a high frequency of rejections due to coding errors. Medical billing outsourcing streamlines the billing cycle with highly-trained professionals and extensive claim follow-up services.

Providing savings to the healthcare practice is one of the most attractive advantages to medical billing outsourcing. Many outsourcing companies only charge for what they receive. In addition, without the cost of additional staff, software licensing, or training, there are additional resources for the doctor to spend caring for their patients and rewarding their staff.
Author: aayana

Friday, April 20, 2012

Medical Coding and Billing Services

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Medical Billing India one of the renowned and experienced medical billing, medical coding and insurance claim processing company with more than 17 years of experience and expertise in delivering 99.98% accurate medical coding and increased reimbursements up to 10-25%.

For free trial and consultation on sample medical billing and coding requirements contact us on http://www.medicalbilling-india.com/contact.php

If your medical practice is looking for quality medical coding and billing services than Medical Billing India is the most affordable destination for it, offering:

  • Accurate medical coding service
  • Error free medical billing
  • Fast insurance claim processing
  • Accurate and low cost physician medical billing
  • Billing insurance medical solutions
  • Electronic medical billing services
  • Medical claims billing services
  • Medical insurance billing services
  • Medical insurance coding
  • Medical transcription service
  • Online medical coding
  • Online medical billing services
  • Patient billing services
  • Healthcare billing services etc

Why Medical Billing India is the most trusted and reliable medical billing and coding company?

  • It process more than 17 years of experience
  • Provided up to 10-25% increased reimbursements rate
  • Offers 99.98% accurate medical coding services
  • Adheres ICD-9 codes, HIPAA standards
  • Guarantees for secure and confidential data
  • Dedicated team of professional and certified medical coders, billers
  • 3-Tier QC by industrial experienced team of professionals
  • Fast, error and secure medical coding and billing services
  • Free trial for clients to consult and check quality etc

Apply the experienced team of medical billing and coding team at Medical Billing India who had helped hundreds of companies globally from countries like USA, UK, UAE, Australia, New Zealand, France, Italy, Spain, Germany, st Louis mo, Schaumburg Illinois, demystified etc in improving cash flow, reducing receivables backlog and optimizing your revenue helping you save time and money. Contact us on info@medicalbilling-india.com to consult and to know more visit us on http://www.medicalbilling-india.com/

Posted via email from medicalbilling's posterous

Focus on Patient Care: Nephrology Medical Billing Outsourcing

Nephrology medical billing outsourcing helps physicians, clinics and hospitals with patient enrollment, coding procedures, scheduling, insurance authorization and verification. Physicians require a system to handle referrals, billing and reconciliation of accounts and collections to improve the efficiency of their organization. Nephrology software, combined with electronic medical records, improves the accuracy and speed of claims handling.

What Can Outsourced Services Do For Your Office?

When information is taken from physician's notes, the experts analyze patient records and assign appropriate International Classification of Diseases (ICD-9), Current Procedural Technology (CPT) or Healthcare Common Procedure Coding System (HCPCS) codes for appropriate fee assignment.

Procedures such as a kidney biopsy, End Stage Renal Disease (ESRD) or hemodialysis will be coded by professionals who work diligently to prevent coding mistakes that result in lost revenue. The ESRD EMR, for example, can be located faster with this system. Chart audits and document management are commonly managed through these organizations also.

Nephrology Outsourced Services Improve Processing Times

Claims may be processed within 12 hours or less with some nephrology billing outsourcing companies. Most people trained in this industry are skilled to enter patient data with incredible accuracy and speed. Most billers are proficient in a variety of billing software.

How to Select a Nephrology Medical Billing Company

Select an outsourcing company that hires only experienced professionals. The company will also remain up to date with the latest codes and procedures that may affect the industry. Select a billing company that will perform routine quality analysis checks in addition to routine reports. Some physicians prefer meetings and videoconferences.

Most outsourcing companies handle the technical problems associated with transmitting information. At the end of the month, reputable companies will provide monthly reports. Medicare and Medicaid, along with major insurance organizations, have affiliations with preferred providers of this service.

To Lower Costs Select a Medical Biller with Complimentary Services

Many outsourcing organizations offer nephrology database and provider set-up for free or at a nominal charge. Claims transmissions may be provided as complimentary services. Scheduling and databases should be accessible from a web based scheduling system. When data is managed via a web-based system, physicians can improve the productivity of a nephrology clinic.

Additional preferred complimentary systems include free charge entry and posting of revenues, free electronic claim filing and free documentation of unpaid nephrology claims. Some companies offer free telephone lines and fax servers compliant with the Health Insurance Portability and Accountability Act of 1996 (HIPAA).

medical billing outsourcing is recommended so physicians can concentrate on their patients instead of paperwork. Integration of medical practice software with EMRs will significantly improve the efficiency of today's healthcare providers.
Author:Art Jones
Source:http://goarticles.com/

Thursday, April 19, 2012

Medical Billing Services: Advantages For Effective Healthcare Solution

If you are thinking about improving the efficiency and value of healthcare facility, you must think on medical billing services. The medical billing companies employ advanced technologies and highly qualified professionals to help healthcare practitioner getting maximum reimbursement by claiming accurately and timely. Medical billing services not only ensure the financial stability but also help you to devote more time for patient treatment and other clinical tasks.

There are several advantages of medial billing services. The outsourcing firms that offering medical billing services have a skilled billing management teams to deal with various phase of the billing process. To get the claim processed efficiently, they use advanced technologies to deliver wide-ranging billing solutions. They ensure the maximum reimbursement for the claim by taking care of accounts, collection of payments from submitting and tracking the claim to insurance companies.
Most of the medical billing services include below mention component:

- Insurance enrollment
- Insurance verification
- Insurance authorizations
- Scheduling
- Coding
- Billing and reconciling of accounts
- Collections
Professional medical billing services include below mention advantages:

+ They can manage to deliver efficient processing of claims.
+ No worry about the follow-up for the submitted claims.
+ Strict following to HIPAA guidelines.
+ Get better output before time runs out.
+ Complete tracking and high privacy, security and confidentiality of patient’s data.
+ Accuracy from trained and skilled work-force.
+ They are very flexible to work on either your billing software or web-based management software.
+ Timely training of new updates, error correction sessions and periodical reporting system.
+ It is very easy to have the integration with important Electronic Medical Records.
+ It also helps you to save huge cost.

Medical billing services companies can deliver swift and precise output. They have the wide range of services included in this process. Such services bust the speed of claim reimbursement.

I recommend the professional medical billing services, if you want valuable solution. Insurance verification and authorization services are offered by professional services company. So it is advisable for healthcare professional to have such company for maximum reimbursement as well as efficient healthcare service management.
Author: Ray Charles

Wednesday, April 18, 2012

Accurate Medical Coding, Medical Transcription, Medical Claims Services From India

Offshore Medical Billing has provided numerous medical health care and medical billing services by far. Nowadays Healthcare has become one of the fastest growing industries in the World! This growth leads many hospitals and practitioner to outsource their medical billing and reimbursement requirements to offshore facilities.

Medical billing is the process covering a wide range of activities but the primary goal of any medical billing company is to process super-bills and submitting medical claims to insurance companies in order to receive payments for their clients in a timely manner. We provide accurate medical billing systems with more than years' of experience; specialized in services rendered with Medicare, Medicaid and Medical Transcription. Our medical coding services are also beneficial to medical health care.

Medical billing is a challenging business that requires great attention to details, quick processing and adherence to norms. Errors such as under pricing, under coding and missed charges create great loss in the medical practice income. Offshore Medical Billing has great expertise in billing for office visits, consultations, professional fees for surgical procedures, technical components, professional and facility fees for hospitals and ambulatory surgical centers, anesthesiology, hospital visits and in-office minor and major procedures.

Medical Coding is a profession that plays a crucial part in the healthcare industry. The medical biller and coder is responsible for reviewing and creating medical records for documentation supporting not only assignment of a specific code to a medical condition, but also the medical necessity of the prescribed treatment.We believe that error-free medical coding is an integral part of professional and genuine practices. The doctors, hospitals, and healthcare organizations are paid faster and better if the medical coding and billing is done correctly. This is an area where we have thorough domain knowledge and can provide comprehensive services. High-value returns are assured to hospitals, physicians, and healthcare organizations if you entrust your medical reimbursement responsibilities to us.

In that Medical Coding is translating medical language into alphanumeric representations. As the name implies, medical coding is the process of assigning a numeric value to medical diagnoses, signs and symptoms of disease, poisoning and adverse effects of drugs, complications of surgery and medical care. These coding systems serve an important function for physician reimbursement and help you to save up to 40% to 60% on your medical billing and coding projects.

So if you have any queries regarding medical billing software, medical coding and transcription, please feel free to contact us at:
http://www.offshoremedicalbilling.com
Email: info@offshoremedicalbilling.com
Author:James Weider
Source:http://www.articlesbase.com/

Tuesday, April 17, 2012

Advantages of Outsourcing Medical Coding Services

The healthcare industry in America is completely based on insurance. Additionally, the cost incurred on your health is paid through insurance plans that cover most of incurring charges. Therefore, medical billing and coding is an important and critical part of health service industry. The accuracy and reliability in medical billing and coding directly impacts physician billing, insurance claims, hospital services, and risk assessment for the insurance industry. Additionally, medical codes are used for further research and educational purposes. Therefore, its quality cannot be compromised.

Considering the criticality of this job, needless to say, medical billing companies ensure that standards like CPT, ICD, HCPCS, and so on are valued and followed.

With the increasing need for medical billing and coding, most people in the industry are looking at outsourcing medical billing. Considering the kind of serious business it is with the laws and guidelines it has to meet, it is very important to understand the advantages of outsourcing medical billing and coding. Some of the important advantages that medical billing companies can look at are as follows:

1. Cost benefits: Cost is an important aspect of benefiting from outsourcing. The labour costs involved are much cheaper while outsourcing to countries like India and China. Additionally, the costs involved in running a business including infrastructure costs, hiring costs, technology updates, and other such costs are not borne by you. Some reports suggest that outsourcing medical billing and coding can cut costs up to 60%.

2. Meeting standards: There are many standards that are to be followed as part of a medical billing company. However, the kind of standards that needs to be met are often a little complicated, and when outsourced, meeting these standards are the outsourced company�s prerogative. For instance, if your standard is that you require coders are certified by the AAPC (American Association of Professional Coders), then you can simply pass on the requirement to the company that you wish to outsource to.

3. Using specialists: Finding experts and specialists for the coding and billing jobs can be quiet a grueling task. However, like in the case of maintaining standards, when the job is outsourced, the company that takes up the work will need to ensure that the specialists are found and put to work.

4. Quality assurance: The main job of the company that takes up outsourcing is to provide quality services. This is because their entire focus is on satisfying their customer. Additionally, quality audits help in ensuring that the coding is more accurate. Needless to say, the better the quality, the higher the chances of compensation from insurance.

5. Transparency: Trust and reliance is something that most medical coding companies work towards. They do this by ensuring that the dealings are transparent, and that the relationship between the client and the company are maintained and improved.

6. Accuracy: The fact that specialists are involved in the entire process, automatically assures accuracy. When outsourcing, expertise can be fully utilized to ensure that accurate information is provided and recorded. Accuracy is again an important thing to attain because most of the outcome of a claim does largely depends on its accuracy in the eyes of the insurance company.
Author:Stephen Craig
Source:http://goarticles.com/

Monday, April 16, 2012

Lower the cost with Medical Billing Services


Credentialing services are very important for checking the license and qualification of doctors and health care providers.

To make the billing services of medical very effective you can take the help of medical billing services. You should know how these they work to lower the cost. Try to lower the cost with such alternatives. For managing the bills, to track accounts and to submit the claims you can use them. All of these services are HIPPA approved. Even you can pursue a rejected claim with such services. They are also known as the alternative process for manual billing systems. It only save your money but you can save time with it. They help in updating various aspects of billing.

With the help of the services you can reduce the number of employees and the cost for training them in different fields. They help you to get proper results. You can easily rectify the errors in any sort of claims. Most of these services are acquainted with various updated codes. With the help of these alternatives you can easily collect patient's data and submit claims very easily. It reduces errors associated with billing. It provides proper solution for correct medical billing.

There are various service providers in your area that provides such type of alternatives to their clients. You should know who they are? For this you need to do some research work. Try to collect their contact numbers and meet them personally. Talk about the services that they provide to their customers and about the price associated with them. Try to know about the different types of packages that they offer. Try to know about any discounts that they give to their customers. You can also find that there are agents from whom you can know about such services.

Medical billing services use updated software. Most of these tools have advance features in them. Software for medical billing services can be easily installed. You can even hire professionals in this field to get their services. You should know how they work and what the prices for their services are. You can get to know about the billing from various sources. You can check the Internet to get good idea about the different billing services available in the market. You can learn from the others about the billing service that they have. Try to find out more about them before you choose the best type of service from the market.
Author:Chris Trostad
Source:http://goarticles.com/

Friday, April 13, 2012

Outsource Medical Coding Services To Get Reliable Services

Medical coding plays an important role in health care industry; it helps you to send correct and specific information to insurance company. Efficient medical coding also ensures cleaner claims, fewer denials and improved receivables. The overall procedure of medical coding is focused on reducing complications in preparing claims.

In present time medical coding services is known as main support activity in health care industry and medical coding services providers can help you to get help of professional medical coders that have passed certification standards. They provide accurate data to insurance companies for payments and reimbursements. These medical coders are expert in medical language and coding techniques, they are skilled enough and follow all the specific guidelines and can easily provide accurate and high quality coding services.

Outsourcing your medical coding services related requirements can help you to save your valuable amount of time and money. Outsourcing your needs to your offshore partner will help you to gain correctness and consistency in a better way. These professional services providers make best use of latest software and technology to perform accurate and effective medical coding.

Outsourcing companies have professionals skilled in the latest coding protocols and standards, insurance and governmental regulatory requirements and payer-specific coding requirements. They ensure that coding processes are done efficiently and utilize innovative technology, coding tools and advanced medical coding software packages to ensure reliable coding.

If you want to outsource your medical coding related requirements to offshore companies you have to be careful in choosing outsourcing partner as rates between different services provider are vary so you have to choose effective coding solutions provider at affordable rates.
Aurhor: James-Lee
Source: http://www.articledashboard.com

Thursday, April 12, 2012

Low Cost Medical Billing Coding Services by Medical Billing Specialists

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Efficient and experienced medical billing companies can handle entire medical billing cycle to provide low cost medical billing coding services with increased reimbursement for clients.

Medical billing India offers reliable and error free medical billing coding services helping clinic, health care service providers, hospital, physicians, insurance companies, business, hospitals, doctors, hospitals etc to get increase reimbursement up to 10-25%.

Ask for a free trial on medical billing coding by experience medical billing specialist at no extra cost on http://www.medicalbilling-india.com/contact.php

Medical Billing India offers complete medical billing coding services and solutions to clients across countries like USA, UK, Canada, New Zealand, Australia, France, Spain, Italy, South Africa, Italy, Germany etc at 40-60% lower medical billing coding fees than what are charges locally there.

Silent feature of medical billing coding services provided at Medical Billing India:

  • Reduce medical billing coding cost up to 40-60%
  • Reduce in house medical billing coding hassle
  • Get paid faster than before
  • Error free billing and coding increases reimbursement up to 10-25%
  • Use of CPT coding, ICD-9-CM Coding, HIPAA Compliance
  • Use of proper medical terminology for billing and coding
  • Experienced medical billing specialists with knowledge of healthcare ethics, laws, insurance policies etc
  • Experience of more than 17 years in providing medical billing and coding services
  • Secure and confidential data
  • Flexible pricing structure
  • 24/7 online supports for clients
  • Free trail for clients to check quality billing and coding etc

Physician medical billing and coding services provided at Medical Billing India helps to save time and money that can be used to take care of patients and healthcare practices. Apart from medical billing coding services Medical Billing India offers quality services for insurance claims processing, medical claim processing, medical claim billing, medical insurance billing, Medicare claim billing, medical transcription, patient billing, electronic billing, healthcare billing services and more

Contact the best of medical billing companies to get rid of your bulk medical billing coding services requirements at 40-60% lower medical billing fees, email your requirements on info@medicalbilling-india.com and to know more visit us on http://www.medicalbilling-india.com/

Posted via email from medicalbilling's posterous

How do you get rid of heavy work pressure, save time and money while you outsource medical billing?

There are lots of aspects that a physician or a medical billing company has to concentrate while performing the medical billing task. The work involves interaction with patients, insurance company and clearing house at times.

You have lot of processes to follow in medical billing. It is a cycle which starts with Insurance eligibility verification, medical coding, demographics & charge entry, transmission and posting, accounts receivable, revenue recovery along with denial management. You may encounter several problems during the process.

How to face the issues?

Group1: When you are a physician, it is difficult to focus more on medical billing when it is not your job. When medical billing in itself is a big business, you can hardly do it yourself. Already you are running out of time!

Group2: When you are a medical billing company, you have a list of clients to concentrate and you need an expert's support to handle the business challenges. Also you have the need to outsource for certain rare specialties and to concentrate in building your business.

Moreover, medical billing requires potential human resource, proper communication and regular follow-ups.

• You cannot employ more people due to the huge money you have to invest.
• You have to buy software and arrange for the latest technological office equipments to

support the business. Whether you belong to group1 or 2, it is true that you need outsourcing and in turn you save time and money.

It is obvious that you save time. But what about the money you save? The money spent on medical billing is less when you outsource. Moreover you save money on administrative and operational costs. The savings are even higher when you do offshore outsourcing, you save more money than expected and get rid of the heavy work pressure. That's way to go!
Author:Ecareindia
Source:http://www.articlesbase.com/

Wednesday, April 11, 2012

Accurate Radiology Medical Billing Services

Many outsourcing companies based in the USA offer radiology billing services to meet the needs of independent radiologists, radiology practices, multi-specialty practices, hospitals and other healthcare providers. Accurate radiology medical billing services help medical practices to maximize their reimbursement and improve their efficiency.

Services of Trained Staff for Accurate Results

Professional billing companies have trained and expert staff comprising certified medical billing specialists, coders, and AR callers with extensive experience in delivering accurate services. Making use of advanced web-based billing software in their billing procedures, they analyze your medical claims without errors and improve your reimbursements. With their special skills and knowledge in advanced billing software including NextGen, Medisoft, Lytec, Misys, IDX, Practice Admin and Inception, they can accurately process and submit your radiology bills. Covering all aspects of your medical billing requirements, they ensure quick and maximum reimbursement.

Some of the important factors that help in the delivery of accurate billing solutions are:

• Regular QA checking with readily available reports
• Analysis of accounts by experienced professionals including AAPC-certified coders
• Flexibility in using medical billing software – they work with your current billing software or use our own software (Web-based with EMR)
• Constant analysis for patterns on codes, procedures or any global problems with appropriate and timely reports.
Highlights of Radiology Medical Billing Services

Billing companies have simplified the radiology medical billing process for all sorts of radiology claims. The main medical billing procedures that medical billing companies cover as part of their billing services are:

• Patient scheduling and reminders
• 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)
• Financial management reporting

Find a Reliable Service Provider

To ensure accurate radiology medical billing services, the task should be outsourced to a professional medical billing company. Reliable service providers ensure compliance with HIPAA guidelines to guard against breech of confidentiality.
Author: Bob Kruse
Source: http://www.articledashboard.com

Tuesday, April 10, 2012

Overcoming Challenges In Medical Billing: Avoiding Billing Errors

Billing errors can cost your practice thousands every day, but finding the time to address them on an organized basis probably seems daunting. And yet, in reality it’s a simple process and one well worth the time you spend on it. Plus, with audits by Medicare looming large in everyone’s windshield, improving your processes now could prevent many headaches down the road.
Here’s a quick outline of a process you can follow to identify and correct billing issues:

1. Identify the Most Common Problems
The first step is to analyze your billing and coding to see what the most frequent problems are. You may be able to generate a report from your medical billing software to see where you’re getting the most frequent denials and rejections. Review this list or one compiled manually to insure that you understand where the bulk of the problems are. Fixing these issues will benefit you much more than focusing on unusual or uncommon problems. It’s the well-known “80/20 Rule”—80% of your problems will come from 20% of your coding.

2. Change Processes or Staff as Needed
Once you’ve identified your most common billing problems, decide how to fix them. Ask your billers and coders for suggestions—since they’re on the front lines, often they have ideas for solutions, and if they’re experienced, they may have encountered a similar problem before. If the problem is staff-oriented, consider what staffing changes need to be made. Is a staff member better suited to another task, either due to temperament, skills or burnout? Sometimes a job change can improve an employee’s outlook and their performance.

One key area to review is communication: Miscommunication can lead to charges being missed or to charges being billed when not required or medically necessary. Be sure physicians understand the importance of communicating correctly and exactly, and this includes their notes as well as any verbal communication with staff.

3. Train Effectively and Include All Staff Involved
If you decide to change processes to eliminate errors, be sure to effectively train staff on the change. Document the new process, review it with staff and let them ask questions. Often the medical school model of learning will help reinforce the behavior: “Learn one, do one, teach one.” When you teach your staff some of the more complicated new processes, have them try it with you present to help and answer questions, and then have them teach someone else on staff. This method has been demonstrated to improve retention.

Don’t forget to include medical staff in the training as well as office staff. Keep the training as concise as possible, but make sure the providers understand what changes they need to make to their daily routine.

4. Evaluate New Processes or Staff Changes
Set a period of time after which you will evaluate the changes you’ve made. While we’d all love to assume that a problem is fixed and we can move on to other things, it’s important to review the change after a reasonable amount of time and see whether you have actually addressed the problem and whether the improvement is at the level you were seeking, or whether additional changes are needed. Be critical so that you get the results you want—if you’re only partway to your goal, then repeat steps 2 & 3 above and decide what additional process changes are required. Keep in mind the time staff needs to adapt, but be demanding in achieving your goal of eliminating or reducing billing errors.

5. Repeat
Make this process a regular part of your operations, reviewing your billing for the most common errors on a regular basis. You may start out doing it quarterly and then after some time, you may be able to go to twice a year or even once a year. The key is to have a regular review, with frequency determined by the accuracy of your billing rather than by workload.

These types of internal audits and process improvements may seem daunting to some medical offices, or the physicians may feel it’s a distraction from patient care. But remind physicians that as the treating provider, they are on the hook for any mistakes that occur in coding. And with Medicare audits becoming a guarantee rather than a vague threat, they need to be invested in ensuring the billing process is as correct as possible and that procedures are in place for consistent improvement.

With a regular system in place for improving billing processes, a visit by the RAC may seem less intimidating and give you the confidence you need to get through an audit with less stress.
Author: Kathy McCoy
Source: http://www.articledashboard.com

Monday, April 9, 2012

Getting your practice running better – Improving Healthcare collections

If I say this, it would give a better meaning if I mention about improving the medical billing collections. In the United States, healthcare industry functions in a totally different way. Practices not only have to care about curing the patients and coping with technology and medical advancements, but also have to run behind the uncollected money. It is unfair but has become an essential part of the day-day operations of any practice. So, how do we go about this?

All that we can do is organizing the operations where medical billing is concerned so that it can give practices a better tomorrow. At the same time, we know that optimizing the revenue flow is a tough game and most importantly a time consuming job. But we don't have an option. It is essential to make good the loss when it comes to money. Once you streamline the process and make it a practice, you will not have to spend enormous time and human resource in working with collection backlog.

It starts here – Medical Billing

Patient Demographics:

Collecting all possible relevant and mandatory information from the patients is essential. Moreover the information should be accurate since the base for errors with medical billing is patient information. Executives at the doctor's front office who collect and manage the patient information should make sure that the information collected is correct to avoid delays and reworks. Organizations can be twice as profitable as they are currently when they avoid or eliminate reworks and delays.

Insurance Eligibility Verification:

Patients might give card-copies which are not effective or which does not cover the service at the time of appointment. Before filing a claim it is advisable to check and confirm the Patient's eligibility with the Insurance so that we do not end up in denials. Researches prove that improper verification of insurance can increase claim denials. So, it is necessary that insurance verification should be done well before starting the process.

Medical Coding & Charge Entry: Sending clean claims

It is a little crucial when handling claims at this stage. Application of proper procedure codes, modifiers and state specific rules is inevitable. More over charges have to be entered accurately and double billing has to be eliminated. Making errors at this stage can be risky and would consume time and work in error analysis and rectification, causing delays and even denials. Not to miss, giving attention to claims filing limit. All these factors have strong influence on the reimbursement of the claims.

All we need is maximum reimbursement for the claims. In that case, we need to double check for errors and eliminate them before the claim reaches the insurance carrier or the clearing house. When sending clean claims and in appropriate format, it is assured that the claim would be reimbursed.

Accounts receivable & Follow up:

Doing regular follow ups can improve relation with the insurance carrier and would inculcate precision in the daily operations while speeding up the process. Analyzing the aged AR and working on a plan to get the claim reimbursed would boost your collections. But prioritizing the claims is even more vital. When you have an old AR and a high value claim at your desk, giving importance to the high value claim would be the best deal – that is act to situation.

Giving importance To Patient AR:

Patient AR also forms a significant part of the total collections. Therefore collecting money from the patients should also be given necessary attention and we have to follow systematic approach towards money collection. Collecting money from patients is easier when the follow-up is regular and the approach is professional. Most of the patients pay up within a few follow ups.

Handling Denials:

Denial analysis is a little exhausting but effective part. We call it the root cause analysis, when the denied claim is completely examined for flaws. Once rectification is done, care should be taken that the reworked claims should immediately be transmitted to the insurance carrier. Delays can minimize the chance of getting the claims reimbursed.

At last, it is Staying updated with the industry:

While staying updated with the industry, we will know the latest changes in policies, regulations and procedures which will help us in eliminating the errors occurring due to ignorance, costing huge dollars. Increasing medical billing collections is all about following the procedures and acting smart to the situation. It is nothing but a combination of certain factors: efficient medical billing software, talented work force and streamlined process- compliance, along with Regular follow-ups and eliminated errors guaranteeing you increased medical billing collections.
Author:Ecareindia
Source:http://www.articlesbase.com/

Saturday, April 7, 2012

Computerized Electronic Electronic Medical Billing Is A Necessity Inside Of Many Practices

Electronic Medical Billingis a necessary component of any health related clinic. In order for a medical practice to get payments they have to deal with claim filing and other tedious processes. For this reason special billing software is available for doctor's and dentist's office to make the work of processing services much easier. Your average billing software just wouldn't work in the healthcare field, so these programs are highly specialized.

The time and number of employees it once took to do this job have been significantly decreased while the amount of work that is actually getting done has multiplied thanks to this software. There are many vital components to this software that are extremely beneficial such as an automated means of double checking your work. All over the world are a multitude of insurance companies that have policies and paperwork that differ completely from the next. That's why the billing software is specifically programmed to identify each and every company and function according to them. With a system like this in place you can see what is and is not covered by a company in just a few seconds. With this ability alone the software will be a valuable addition to your office.

There are also portions of the program that ensure that the proprietors of delinquent accounts are notified in a reasonable amount of time. Collections can be put into order with the press of a button right inside the software, so there is no extra hassle of typing up a formal letter. The members of your accounting staff can take the appropriate measures against many delinquent accounts in no time at all. They can provide customers payment plans, keep up with customers who aren't paying, and rapidly document when a patient does pay. It is easy to allow some patients to slip between the cracks, losing a ton of profit, so this feature is very essential to your business.

The entire process of Electronic Medical Billingis greatly improved as you move all your account management to your own staff. Payments owed can be figured up and bills can be sent out immediately. When you are dealing with hundreds of patients on a day to day basis it can become incredibly difficult for a moderate amount of human staff members to keep up with them all with just a pen and a calculator. Billing is just one step in the process and it barely touches the surface. In average sized cities a single dentist or doctor might see thousands of patients a week. Without a clearly organized and easy to follow plan, work could be incredibly disrupted by the slightest human error. This is why these programs are designed to be so user-friendly.

With the number of people coming to you for treatment you need more than a few accountants to track them all. Computer programs have really worked to make the process of getting in and out at the doctor's office a great deal easier for everyone involved.
Author:Kathy Stearns
Source:http://www.searcharticles.net/

Friday, April 6, 2012

Medical Billing India Offers Risk Free Trial on Medical Billing Services

Medical Billing India offers reliable medical billing services

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 on http://www.medicalbilling-india.com/
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.
Author:
Ray Charles

Thursday, April 5, 2012

Orthopedic Medical Billing Specialists

Orthopedic medical billing specialists undertake a variety of tasks such as insurance verification, authorization, reauthorization, billing, coding, AR collection, follow-up, resubmission, patient billing and other related jobs. They focus on preparing and submitting medical claims to insurance companies in order to receive payments in a timely manner. The ultimate aim of a billing specialist is to maximize your reimbursement and productivity. They reduce claim rejections and increase reimbursements.

Latest Technology with Dedicated Specialists

Medical billing specialists providing orthopedics medical billing have in-depth technical skills and use the latest software systems. They develop and review medical insurance claims considering the rules and regulations of the insurance provider. One of the noticeable features of an expert medical billing specialist is submission of claims electronically. Specialists in medical billing are thorough in medical terminology, ICD-9, CPT4 and HCPCS coding, appeals and denials. Integrating sophisticated technologies, your medical billing claims are processed accurately and efficiently while remaining in compliance with HIPAA rules.
Orthopedic medical billing specialists offer the following services:

• Patient enrollment
• Scheduling
• Insurance verification and authorization
• Scheduling and rescheduling
• Coding
• Billing and reconciling of accounts
• Collections
• AR collections

By outsourcing to a reputable company you can avail of specialist services. Orthopedic medical billing specialists offer weekly and monthly reports covering productivity, projections, procedure code analysis and more. Regular QA checking is also performed.

Concentrate on Your Core Activities

Nowadays healthcare facilities employ the services of orthopedic medical billing specialists so that they can concentrate fully on their core business. An outsourcing company employing experienced orthopedic medical billing specialists provides you with fast, efficient and cost-effective medical billing services.
Author:Rajeev Rajagopal
Source:http://www.articlesbase.com/

Wednesday, April 4, 2012

Why Outsource To Medical Billing Specialists?

The U.S healthcare industry is one of the most active segments in the world. The industry often faces great challenges of new process/software implementations while meeting the growing needs of healthcare. The current scenario in the industry requires the healthcare organizations to reduce costs and improvise the processes. Although it is tough to reduce costs in healthcare, medical billing process provides opportunities for healthcare organizations to save cost by outsourcing to medical billing companies.

Medical billing outsourcing is considered a boon to healthcare organizations that find difficulty focusing on medical billing operations and patients simultaneously. But, outsourcing alone is never a solution to healthcare organizations that aims at maximum reimbursements. It is essential to outsource medical billing and coding functions to medical billing specialists in the field that can provide outstanding deliverables. Experienced medical billing specialists can be more productive and can face the challenges in billing easily. After outsourcing medical billing and coding functions to medical billing specialists, healthcare organizations shouldn't stop monitoring the billing performance. Instead, it should keep track of the performance by regularly co-ordinating with the medical billing specialists. The Better the service provider performs, better will be reimbursements.

Medical practices reap huge benefits while outsourcing to medical billing specialists. On outsourcing to medical billing specialists, the practice is relieved of the billing hassles and can focus only on patients, translating in to more revenue. Outsourcing medical billing also helps practices in saving operational and administrative costs. When practices outsource to offshore medical billing specialists, it can save up to 40% costs depending upon the service provider's country and the labor expenses.

Medical billing companies also aid organizations with the new implementations like ICD10, EMR/EHR etc that can be of great help. On the whole, outsourcing medical billing and coding functions to medical billing specialists can be profitable to medical practices and healthcare organizations.

Tanya Gill is the Public Relations Manager for ecare India based in Chennai, India. She has wide knowledge and experience in the medical industry. ecare India is a leading medical billing company offering end-end medical billing, physicians billing services and is backed by extensive domain expertise, latest technology and dynamic compliance norms. ecare is HIPAA compliant and is the first Indian medical billing company to get ISO 27001: 2005 certified for information security management. ecare is also ISO 9001:2008 certified for quality management. By providing outsourced medical billing services, ecare makes it feasible.
Author:Ecareindia
Source:http://www.articlesbase.com/

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