Uploaded on Jun 22, 2020
Medical billing refers to the process of filing and following up on claims with health insurance companies / providers in order to receive payments for the healthcare services rendered to patients by the practices / physicians.
Medical Billing Outsourcing | 24/7 Medical billing Services
Medical Billing Outsourcing
http://www.247medicalbillingservices.com
Medical Billing Outsourcing
What is Medical Billing?
When it comes to settling payments from insurance companies,
medical practitioners, hospitals, and healthcare facilities face a lot
of hassles. For the patients, the bill is settled once they provide
the details of their insurance at the front desk of the healthcare
facility. However, the hospital or healthcare center receives the
reimbursements only when the claim is settled by the insurance
companies.
Medical billing refers to the process of filing and following up on
claims with health insurance companies / providers in order to
receive payments for the healthcare services rendered to patients
by the practices / physicians.
Need of Medical Billing Services
With time, as the medical practice scales to new heights and
grows, medical practitioners, doctors, and healthcare providers
would need to delegate the medical billing task by hiring an in-
house team of experts or outsourcing the task to a medical billing
service provider.
http://www.247medicalbillingservices.com
Medical Billing Outsourcing
Common challenges faced by Physicians and
Practitioners with Medical Billing
• Lack of quality and effective medical billing resources
• Lack of appropriate tools and techniques to minimize
revenue loss
• Staying up-to-date with the latest guidelines
• Inaccurate data entry for patient information
• Frequently changing medical billing codes increase the
chances of claim denials
• Old redundant software and the capital investment to
upgrade it frequently
• Duplicate charges or multiple billing for a patient
• Late handling of denied or rejected claims
• Delayed claim submissions
http://www.247medicalbillingservices.com
A Guide on Durable Medical Equipment Billing
Why choose 24/7 Medical Billing Services?
• One stop shop solution for all your medical billing needs
• Customized services depending on the nature of your challenge
• Improved cash flow and collection rate of your healthcare centre
• Multi-level authentication and security system in place for data
security
• Reduced operational costs of your medical centre.
• Fixed cost for all services with no hidden charges
• Strict deadlines for reimbursements from insurance companies
• CPT and ICD-10 coding compliance eliminates hassles in filing a
claim
• Competitive pricing for all medical billing related services
• Complete transparency for all procedures
• Detailed reporting of your account’s receivables
http://www.247medicalbillingservices.com
Medical Billing Outsourcing
About 24/7 Medical Billing Services:
We are a medical billing company that offers ‘
24/7 Medical Billing Services’ and support physicians,
hospitals, medical institutions and group practices with our
end to end medical billing solutions. We help you earn more
revenue with our quick and affordable services. Our
customized Revenue Cycle Management (RCM) solutions allow
physicians to attract additional revenue and reduce
administrative burden or losses.
Contact:
24/7 Medical Billing Services
Tel: +1 888-502-0537
Email: [email protected]
http://www.247medicalbillingservices.com
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