Focus on Your Core Functions with Efficient Physician Billing Services
1. Focus on Your Core Functions with
Efficient Physician Billing Services
Reliable providers of physician billing
services have emerged as a great support to
healthcare practices, taking care of all
important paperwork and thereby
streamlining office functioning. Of course,
one of the greatest advantages of
outsourcing physician billing is that medical
professionals can focus on their core
functions instead of staying constantly
concerned about the medical billing and coding processes. With increasing
demand in the quality of service provided and with new standards in
healthcare to be met, healthcare practices would do well to have sufficient
time to devote to patient care. It is here that a genuine medical billing
company can provide support by offering the services of certified
professionals, excellent infrastructure and superior security and
confidentiality for patient data.
Go for Physicians’ Billing Service – Reduce Billing
Hassles and Concentrate on Patient Care
When you enlist the services of a good medical billing company, you get to
benefit from the services of experienced, expert and certified billers and
coders. These professionals have firsthand knowledge regarding the latest
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2. CPT, ICD-9/10 and HCPCS codes, the various regulations and rules of
government as well as private insurance payers and have comprehensive
knowledge regarding covered services. This means that as a healthcare
provider, you can be completely at ease and focus on your core task, namely,
patient care. You stand to benefit in terms of increased patient satisfaction,
increased productivity and profit.
An Overview of Available Physician Medical
Billing Services
You will be amazed at the range of physician medical billing services you
can have from a medical billing company.
• Enrollment into the billing system
1) Demographic information
2) Insurance information
• Verification
1) Insurance verification
2) Authorization
• Coding
• Billing and Reconciling of Accounts
1) Charge entry
2) Cash posting
3) Reconciliation
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3. • Accounts Receivable Collections
1) Insurance collection
2) Patient collection
3) AR follow up and collections
When these important day to day functions are streamlined by a reliable
medical billing firm, your practice would score in terms of improved
functionality and efficiency. With these services, you can be sure of
maximum reimbursement and minimum claim denials because dedicated
medical billing companies focus on securing improved collections for their
clients. They are knowledgeable about the billing requirements of various
medical specialties and utilize state-of-the-art medical billing software to
ensure accuracy.
Benefits of Medical Billing Outsourcing
• Customized turnaround time
• Reduced overhead (30 to 40% below operational)
• Regular QA checking
• Regular feedback and reports
• HIPAA compliance standards
• 24/7 technical support
• Systematic denial tracking and appeals process to ensure maximum
reimbursement
• Dedicated payer analysis to find out denial rates and trends specific to
various payers
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4. From the foregoing discussion it is evident that physician billing services
are invaluable to any medical practice. Outsourcing the arduous medical
billing and coding tasks would take a load off your mind, leaving you more
time and energy to focus on the core functions of your practice.
For More Information:
OutSource Strategies International
United States Main Office
8596 E. 101st Street, Suite H
Tulsa, OK 74133
Phone 800-670-2809
http://www.outsourcestrategies.com
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