Showing posts with label insurance claim billing services. Show all posts
Showing posts with label insurance claim billing services. Show all posts

Tuesday, March 20, 2012

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

Tuesday, January 10, 2012

HIPAA Compliant Physician Billing Services

HIPAA compliant physician billing services ensure proper and timely reimbursement of claims. The customized billing services that established medical billing companies offer include insurance verification and authorization, charge entry, insurance collection, collection agency reporting, patient collection, cash posting and reconciliation.

Medical billing companies have a team of expert staff that works to maximize their claim reimbursements, minimize administrative expenses and meet HIPAA regulations. The procedure involves enrollment into the billing system, verification of insurance and authorizations, coding, billing and reconciling of accounts, and Accounts Receivable collections.

HIPAA Compliance for Document Security

Physician practices that outsource their billing tasks risk the loss of information privacy. With HIPAA compliant physician billing services, physicians can make sure that the privacy rights of their patients are protected. The medical outsourcing companies take extra security measures to provide complete security, privacy and confidentiality for the services they provide. For this, they streamline their structure, technical equipment and capabilities, and administration procedures according to HIPAA security norms. Some of the added benefits of HIPAA compliant physician billing services are:

• Periodic backup of data and critical facilities accessibility
• Technical evaluations are performed on a routine basis
• Secure workstations, storage facility and authorized access
• Firewalls and antivirus software on all systems are updated frequently.

Physician Billing Services – Save Time and Expenses

Medical professionals can reduce administrative expenses and maximize their claim reimbursements with physician billing services. Medical billing experts will effectively manage all their billing tasks, so that they can concentrate on their core business. Outsourcing is also a cost-effective way of managing their administrative tasks as physicians can save the expenses that would be needed for employing personnel for managing their medical billing procedures. Since every aspect of the billing procedure is effectively handled by the billing companies, physicians can be sure of getting their claims processed in a timely manner.
Author:Bob Kruse
Source:http://www.articlesbase.com/

Wednesday, December 28, 2011

High-tech Billing solution that meets CMS, NUCC, HIPAA regulatory standards

Binary Spectrum’s billing solution with its cutting edge technology and customer care modules caters to efficacious electronic claims, member management, and integration to clinical system.

With EMR gaining its importance post the stimulus bill; the Billing application can’t be ignored. For any small, medium or large level of medical information business, medical billing health care services is the most indispensable and easy on the pocket for the healthcare industry.

Binary Spectrum’s billing application is a robust platform that automates electronic claims, remittances, member enrollment, eligibility and disenrollment processes for a large HMO. The application has delivered adaptability to client software and billing process with prompt medical billing services, thereby saving on client’s staffing and operational expenditures. It helps scale up the claims processing capability, and is able to do so in a timely manner while being able to deal with a variety of vendors.

The billing solution provides seamless integration features for charge creation based on the data provided in the clinical charting functions to avoid duplicate and error prone data entry. The transmission of claims could be done either through electronic means i.e. ECT or paper based preprinted forms.
The following are the list of EDI Messages supported:
For Batch transactions-
• 837 P/I (professional / institutional) – Electronic Claim files
• 835 – Healthcare electronic Remittance advice request form
• 834 – Enrollment and disenrollment for Medicaid eligibility
• 820 – Electronic response files for premium Payments to insurer
For Real time transactions-
• 271 / 272 – Member eligibility request / response
• 276 / 277 – Claim status request / response
• 278 – Authorization and Referrals
The key differentiator of the Medical Billing application is that there are multiple ways of creating a final charge for a patient.

• At the time of booking an appointment, an encounter can be started, treatment plan details can be captured and the encounter can be ended which takes the user to charge creation screen & for creating the charge for the encounter.
• Another flow is from the book appointment page. There is the option of super bill which starts the charge creation process, imports all the services that are captured in the super bill to the charge creation screen & creates the charge, associating the appropriate prices for the services.

Benefits for the Billing Companies:
Billing companies can benefit from the following:
• Reduce efforts in entering data
• Automated Workflow and Rule Management
• Compliance checks and acknowledgement generation
• Support for multiple integration mechanisms for Vendor interactions
• Parsing and Validation mechanisms
• Integrated processes related to primary care physician, the HMO and the government funding bodies (CMS / ACHA)

Benefits for Physicians:

The billing solution will help physicians to:
• End medical billing hassles
• Support for Real-time Messages
• Support for both Government and Private multiple health insurance plans and in variety of ways including guarantor, co pay, primary/secondary/tertiary
• Timely and accurate charge entry and claim generation
• Implementation and conformance to applicable standards including HIPAA, standard procedures CPT and illness nomenclature ICD.
• Faster payment to doctors accurately

Binary Spectrum delivers significant system and personnel designed software with superior 24 / 5 customer services. Our solution centric approach helps us to endow with technical expertise for cost effective robust solutions to our clients.
Author:Binary Spectrum
Source:http://www.prlog.org/

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