Uploaded on Aug 18, 2020
It is important to remember that claims reimbursement procedure will begin as soon as the patient will be making his/her first appointment with your practice. There are a few effective office management tips that can be followed to increase revenue and to free up more time for quality patient care. You need to ensure that your financial process is streamlined and efficient. This is crucial for maintaining a healthy revenue cycle.
                     Chiropractors, Streamlined and Efficient your RCM
                     Chiropractors, Streamlined and Efficient your 
RCM
http://www.247medicalbillingservices.com     
Chiropractors, Streamlined and Efficient your 
RCM
It is important to remember that claims reimbursement 
procedure will begin as soon as the patient will be making 
his/her first appointment with your practice. There are a few 
effective office management tips that can be followed to 
increase revenue and to free up more time for quality patient 
care. You need to ensure that your financial process is 
streamlined and efficient. This is crucial for maintaining a 
healthy revenue cycle.
Lack of accurate eligibility verification is one of the main 
reasons why claims get denied. Your staff needs to focus on 
recording accurate patient data, including provider eligibility 
and insurance information.
http://www.247medicalbillingservices.com     
Chiropractors, Streamlined and Efficient your 
RCM
By hiring a chiropractic billing service provider, your 
office can continue working on patient care without worrying 
about claims submission and denials. Make sure that you are 
evaluating account receivable of your chiropractic office on a 
regular basis. Averaging less than 45 days in A/R is 
recommended but it is better to strive for an ideal average 
of fewer than 30. If there is excessive A/R, then start by 
separating A/R by insurance and patient balances, identify 
key offending payers, and view monthly reimbursement 
trends and try to understand how payer specific guidelines 
are affecting your A/R management.
http://www.247medicalbillingservices.com     
Chiropractors, Streamlined and Efficient your 
RCM
If revenue cycle management is getting too much to handle, 
then it is best to seek expert assistance. 
Denials happen but if your practice isn’t analyzing denied 
claims, then there is a problem. Through this analysis, it 
becomes easy to identify patterns that need correction. You 
need to find answers to questions like- are insurers 
considering the care your patient received as medically 
unnecessary? Are the beneficiaries receiving care outside 
their network and not realizing it?
It is very important to ensure that your office is sending 
clean claims the first time around. Your billers will surely 
take at least 30-60 seconds more on each claim but if the 
claims are thoroughly scrubbed for initial submission, 
chances of denials will be minimized. This is also important 
because if claims get denied, resubmission will take an 
average of 15 minutes per claim. 
http://www.247medicalbillingservices.com     
Chiropractors, Streamlined and Efficient your 
RCM
About 24/7 Medical Billing Services
24/7 Medical Billing Services is the nation’s leading medical billing 
service provider catering services to more than 43 specialties across 
the entire 50 states. You can rely on us for end-to-end revenue cycle 
management. We guarantee up to 10-20% increase in the revenue 
with cost reduction of your practice for up to 50%. 
Call us today at 888-502-0537 to know more on how we can help 
boost profitability for your practice.
Media Contact:
Hari Sudan, Media Relations,
24/7 Medical Billing Services,
16192 Coastal Hwy, 
Lewes, DE – 19958
Tel: + 1 -888-502-0537
Email - [email protected]
http://www.247medicalbillingservices.com      
                                          
               
            
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