Medical Billing Coding and Reimbursement

Medical Billing coding and claim processing services outsourcing becomes must when medical practice grows beyond the capacity and if the physician or health care facility finds it’s difficult to cope up with the growing paper work, management tasks. 

So, if you are in need to efficient and low cost medical billing coding and claims processing service than you cannot find more experienced and cost effective offshore medical billing company than Medical Billing India. 

Claim a free trail on sample medical billing or coding requirements at no extra cost right now on http://www.medicalbilling-india.com/contact.php 

Experienced, trained and certified medical billers, coders and QC team promises to reduce your billing coding and paper work burden and helps you save time, cost for better medical practice. Medical Billing India has proven records of increasing reimbursements up to 10-25% and has complete thousands of projects successfully. 

Why Medical Billing India for Your Outsourced Billing and Coding Work? 

• Process more than 17 years of experience in billing and coding
• Low billing and coding price up to 60%
• Use of upgraded billing and coding software, tools
• Short claims processing TAT on every project
• Proven records of increasing 10-25% reimbursements
• Flexible and competitive pricing structure
• Reduce your management, employee, and equipment cost of in-house practice
• 24/7 online support and assistance
• Electronic claims processing facility
• Claims follow ups
• HIPAA Compliant billing and coding
• Dedicated team of certified medical billers and coders etc 

More than 17 years or experience in billing and coding business enables professionals at Medical Billing India complete knowledge on various plans offered by insurance companies, constraints, law and guideline etc. For timely filing, billing, coding and processing of medical billing requirements trust the experience underneath at Medical Billing India. 

For more information on offers and services contact us on info@medicalbilling-india.com

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The Wide Array Of Medical Billing Information Available

Medical billing specialists must have a wealth of knowledge in order to perform their jobs correctly. Aside from medical billing codes, they must understand the terms they represent and the guidelines for using them. A billing specialist often needs to refer to various resources to find this and other medical billing information needed and most of these repositories are available online.

One of the most fundamental resources is a glossary of medical billing terms. This features the most common words and acronyms used in the medical billing profession. Billing specialists should have access to a medical billing glossary at all times. Those new to this career may also require a reference guide regarding the medical billing process so they do not skip any steps that could delay claims payment. For billing specialists who work for a billing services company, a resource explaining the role of the firm in relation to the healthcare provider should prove informative.

HIPAA guidelines pertain to patient privacy and OIG guidelines relate to fraud. Billing specialists should be familiar with both of these regulations and their impact on insurance and patient billing. Those who have an eye on the future should refer to an overview of the Health Care Reform Act to see how it will affect medical billing in the coming years. They should also learn more about the insurance claims process to learn how this is gradually changing from paper CMS-1500 forms to electronic forms submitted through medical billing claim software.

Whether an individual has a job in medical billing and is looking to make a career move or is looking for initial employment in this field, there are plenty of online job search sites. Before conducting a search, individuals should refer to an online source to learn about working from home versus in a provider office or other facility. They should also learn what type of salary to expect and how to compose an effective resume and cover letter. Clearly explaining their skills on paper should help them land interviews with the best employers.

This is just a sampling of the medical billing information available online and in hard copy form. Billing specialists should take time to keep their knowledge current and never be afraid to consult a resource when they have questions. A formal education is the foundation of knowledge- it is up to the individual to stay on the cutting edge by reading as much relevant information as possible.

Author: Conrad Wysor

Source: http://www.articledashboard.com

HIPAA compliant dental billing and coding services

The dental insurance billing records contain confidential patient information. To ensure the safety of this sensitive data, it is necessary that dental practices seek HIPAA compliant dental billing and coding services.

Confidentiality and privacy of health records

The U.S. Congress introduced the Health Insurance Portability and Accountability Act (HIPAA) in 1996 as part of the general effort to ensure the confidentiality and privacy of health records. The Health Insurance Portability and Accountability Act (HIPAA) lays down protective guidelines for the confidentiality of healthcare information.

Dental practitioners would benefit greatly by outsourcing their routine dental insurance billing tasks to billing companies offering HIPAA compliant dental billing services. A reliable service provider would provide efficient billing solutions and also assure that patient data and records are handled securely in accordance with HIPAA norms.

Benefits of outsourcing medical billing services

HIPAA compliant dental billing and coding service providers see that dental professionals can submit medical bills and claims on time. Benefits of outsourcing to a reliable company:

* Reduces the administrative responsibilities of the dental practice

* Eliminates billing headaches

* Reduces the chances of claim denials

* Improves office efficiency

* Increases reimbursements

* Offers more time for core tasks

HIPAA-compliant dental billing and coding services include demographic entry, charge entry, appointment scheduling and rescheduling, payment posting services, insurance verifications and insurance authorizations; billing and reconciling of accounts, code checking and analysis, AR follow-up, collections management, DRG/ICD-9- CM, HCPCS coding validations, emergency room e-code evaluation, CPT coding, medical coding audits, and more.

A slew of safety measures

To protect patient data from unauthorized access, HIPAA encourages the use of electronic processing and data transfer via router or modem. To ensure the privacy and security of patient medical records, dental billing companies have secure computers with features such as:

* Firewall and antivirus software, which are updated on a daily basis

* File encryption software

* Computers are password protected

* Password protected email and FTP sites

* Passwords to start Windows

* Entire workforce is trained to maintain privacy, confidentiality and security

* Minimum 128-bit encryption for all transferred files

* External drives such as floppy disk drives and USB ports are disabled to prevent illegal copying of documents

Dental billing and coding processes that do not adhere to security norms can invite severe penalties. The billing companies that offer HIPAA compliant services have a pool of professionals to monitor and execute measures to protect against the unlawful disclosure of patient health information while it is transferred via the Internet.

If you plan to outsource the dental billing and coding jobs of your practice, then make sure that the service provider you approach offers effective HIPAA complaint dental billing and coding services at affordable charges.

Author:Bob Kruse

Source:http://www.articlesbase.com/

Medical Billing Service – An apt way to recover dues!

Too much food in the mouth hampers chewing!! The truth though is widely accepted but still has some people not complying to it, often. Let's take instance of health care service providers, these in a bid to save money try and do all possible tasks themselves, without even considering, whether they are fit to perform them or not. As a result, the tasks do not yield desired output. The solution to it is doing tasks that fit your skill set best then only the best of the results could be achieved.

Medical billing is one such service that helps medical practitioners, hospitals, health care service providers to achieve specialized and gainful results, without putting in too many unspecialized efforts. The above discussed entities often stay engrossed in serving the patients for utmost customer satisfaction. In such a case, they either would need to hire a team of expert professionals (who could process the medical billing for them to help recover their due payments from patient's insurance companies on time, along with due follow-up), and bear their monthly compensation and maintenance cost or outsource their tedious (medical billing) task to an expert medical billing service provider. The latter is a more specialized, cost efficient and an effective option.

Health care service providers lose millions of dollars annually due to under pricing, coding errors, missed charges and un-reimbursed claims of their medical services. To avoid this, it is important that experts with latest technological and software knowledge provide customized solutions to meet individual clients specific requirements. All this could well be ensured by adept medical billing service.

Medical billing involves a lot of complexities but trained medical billing service providers ease and uncomplicate the process to help medical organizations recover their dues. Deft medical billers understand the basic and major medical coverage plans, such as the Health Maintenance Organizations (HMOs), Fee-for-Service Plans, Preferred Provider Organizations (PPOs), Point-of-Service Plans (POS) and know the different methods of billing patients and understand the medical billing industry and all its complexities.

The expert billers are also well versed with the terminology & soft wares most often used in a medical office like MediSoft, AdvantX, Surgi Source, etc. Besides they also hold expertise in electronically filing claims, and possess knowledge on the most common types of insurance policies. Medical Billing experts are also well aware of spreadsheets, electronic mail, database management, and possess contemporary word processing skills, proficient in bookkeeping for the most flawless bill raising and hassle free recovery.

Author:seoindia21

Source:http://www.myarticle.com/

Outsource Medical Billing Services – Get Help Of Experts

In presents time many administrative difficulties aries during the preparation of insurance policy procedures and dealing with complicated billing forms in this condition medical billing outsourcing help you in many ways. Outsourcing medical billing services has become very popular right now as a booming business in the modern age. There are number of leading medical billing outsourcing companies offer assistance to your medical billing needs. Medical billing outsourcing assists doctors in saving money through payroll generation, equipment reduction, elimination of postage, and with software support.

Outsourcing medical billing service is the answer for those looking to make their medical practice more effective. It provides all types of administrative help in managing billing. There are many ways to send claims information to the medical billing service provider. You should prefer one that accepts claims information via a web browser or a software system hosted on your computers. Such data transfer is secure, efficient and less prone to error. Sending claims information on paper or via email is highly inefficient and error prone. These services provider are HIPAA approved, they manage your entire billing process, track your accounts, submit claims to the claims clearing houses and pursue the rejected claims.

Medical billing and coding are vital parts of the billing process because from the time a doctor sees a patient to when the paperwork is forwarded to the insurance company, there are important steps that need to be performed. Every doctor visit results in the utilization of medical coding and medical billing skills - both are necessary for doctors and health care facilities to be properly compensated for services.

The Medical Billing Service has to be far more proficient and effectual when compared with your own office system. The Medical Billing Services providers should let you and your people highlight on practicing medicines. By outsourcing your medical billing related requirments to your offshore partner you can save your valuable amount of time and money.

Author: James-Lee

Source: http://www.articledashboard.com

Medical Billing India – Trusted Medical Billing Company for Medical Billing and Coding

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Why should a physician or healthcare facility outsource their medical billing and coding requirements to medical billing services providing companies?

As a physician or healthcare facility one should rather spend their valuable time and concentration for managing patients and medical practice, spending time or money to understand various aspects of medical billing, coding and processing would definitely not be a fruitful decision.

Medical Billing India has been in medical billing and coding business from more than 17 years and has delivered hundreds of successful billing and coding project of its clients across the world. And it is know for helping clients helping improve collection up to 10-25% for their medical practices.

To get a free consultation on sample medical billing and coding requirements contact medical billing specialists on http://www.medicalbilling-india.com/contact.php

Tangible Benefits While Outsourcing Medical Billing and Coding Project to Medical Billing India:

• 10-25% increases in collections your net revenue
• 40-60% cheaper medical billing and coding
• Prompt and quick completion of projects
• HIPAA Compliant billing and coding
• Hassel free services (freedom from employee, software, infrastructure, and technology related issues)
• Access to state of art practice management software
• Knowledgeable, trained team of medical billers and coders
• Monthly reports of billing and coding
• Relatively inexpensive cost per claim
• 24/7 online supports to clients
• Free trail to clients helping check quality etc

Wide range of medical billing and coding services are offers including medical claim billing, medical billing insurance, medical insurance coding, online medical coding, medical transcription, patient medical billing, healthcare billing services, electronic medical billing etc

Send your specialized medical billing and coding requirements to save up to 40-60% cost on info@medicalbilling-india.com and to know more visit us on http://www.medicalbilling-india.com/

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Medical Billing Services Provider Can Improve Your Collection and Lower Your Costs

A medical billing service is the answer for those looking to make their medical practice more effective. It provides all types of administrative help in managing billing. They are HIPAA approved, manage your entire billing process, track your accounts, submit claims to the claims clearing houses and pursue the rejected claims.

What are the benefits of hiring medical billing services?

Medical Billing Service is an efficient alternative to processing billing in-house. It saves you time and money. Following are some of the reasons you should hire one.

* It saves money by reducing your costs and increasing collections of delinquent account.

* It reduces the time your staff spends on processing claims. You may be able to eliminate most of the staff and thus save expenditure on their health care, salary, insurance and training.

* It usually performs better than the in-house staff. They keep their staff updated on insurance regulations and codes. It lessens number of denied and rejected claims. They are also quick to resubmit the claims returned from clearinghouses.

* Their turnaround from clearinghouses is faster as they process large number of claims with them.

* They have bigger incentives to increase collections as they are paid a percent of the amount they collect.

How does a medical billing service work?

Your staff sends patient details like insurance, diagnosis, procedure codes to the medical billing service. They check the data for any errors and submit the claims to the clearinghouse. If the claim is approved, you receive the check and explanation of benefits (EOB). The checks can also be directly deposited to a bank lockbox for faster processing. Rejected claims are returned to you so that any errors may be fixed and claims resubmitted. In some cases when the claim is problematic, it is the responsibility of your service provider to troubleshoot and resubmit the claim. Hence it is important to ensure that medical billing service provider has adequate staff to diagnose and fix such problems.

What kinds of services are provided by an outsourced Medical Billing Service?

Following are some of the main services provided by a Medical billing service.

* They process medical claims and follow up on rejected or problematic claims and resubmit them after rectifying any problems.

* Medical billing service generates reports with details of payments and claims. Comprehensive reporting helps you adjust your billing practices and improve cash flow. They may also provide you with software to generate reports. Ask for a demo to make sure it is easy to use.

* Medical claims from Insurance companies can sometimes get delayed, putting pressure on your cash flow. In such cases, your service provider can lend against account receivables or can introduce you to companies that do so.

* There are many ways to send claims information to the medical billing service provider. You should prefer one that accepts claims information via a web browser or a software system hosted on your computers. Such data transfer is secure, efficient and less prone to error. Sending claims information on paper or via email is highly inefficient and error prone.

* Your provider may also offer Medical practice management (MPM) and Electronic medical records (EMR) software. These are significant buying decision and you may want to consider them separately from your decision to hire a billing service provider.

What else do I need to know before hiring a medical billing services provider?

Consider the following before making the final decision.

* How much experience does the provider have?

* ASP hosted billing software is preferable over one that is hosted on your computers. You don't have to worry about maintaining ASP software.

* Good software system is important but so is expertise of the staff in handling difficult claims. How much experience does the staff have in medical billing services?

* How is their track record? Ask them to show some examples of difficult claims that they have successfully completed.

* Ask them to show you the reports they would generate for you.

* Are they 100% HIPPA compliant. Make sure their billing and reporting software too complies with HIPPA and SSL security to ensure patient information secrecy.

* Can they handle the NPI or National Provider Identifier system?

* Are they willing to train your staff to use the billing software?

* Make sure their references are stellar.

How much does a medical billing service cost?

Pricing depends on the level of service and your location. Major portion of the payment is in the form of commission. Low price is important but it should not be the sole criteria in hiring a medical billing service provider. Consider someone who is an expert in collecting denied or difficult claims.

Daljeet Sidhu is Co-founder at TradeSeam Business Network. Connect with customers, suppliers, partners and service providers online and start receiving qualified sales leads to grow your business. Find, Compare Prices and Save on vendors and suppliers for your business needs. Power up your business by leveraging the Tradeseam verified seal to build trust with customers, partners and suppliers and receive more qualified sales leads and business opportunities. For further details read our medical billing business advice. Compare medicare billing quotes.

Author:Daljeet Sidhu

Source: http://EzineArticles.com/