How to Move your Practice from Self-Pay to Insurance Billing
                     How to Move your Practice from Self-Pay to 
Insurance Billing?
http://www.247medicalbillingservices.com     
How to Move your Practice from Self-Pay to 
Insurance Billing?
The cost of medical treatment is on the rise due to superior 
quality treatment given by healthcare providers. To pay the 
cost with the self-payment option is long gone because it is 
mostly witnessed that patients are not able to pay the fees in 
cash at the end of treatment, which in turn affects the 
revenue of the healthcare organization. The longer you wait 
for the fees to get into your account, the less chances are 
there to get. To remove the obstruction of payment 
uncertainty, insurance billing is a perfect option.
 
We at 24/7 Medical Billing Services offer Insurance billing or 
Medical billing services. You work in collaboration with 
Insurance companies, who in return gives you payment on 
behalf of the patient for the healthcare treatment provided by 
you.
http://www.247medicalbillingservices.com     
How to Move your Practice from Self-Pay to 
Insurance Billing?
Common challenges faced by Physicians and 
Practitioners with Medical Billing
• Patient check-in - It is the initial point where the patient 
comes for the normal routine check-up. At this point only, 
detailed information of the patient is recorded from the 
demographic to insurance. 
• Insurance Eligibility and Verification - To be updated 
with the patient’s insurance information is significant. It gets 
changed from time to time. Insurance eligibility plays a 
vital role at the time of claim submission.  
• Medical Coding - To get the insurance company a perfect 
picture of the patient's health. You need to report in the 
correct and accurate medical coding. Diagnosis code for 
illness and procedure codes for treatment needs to be 
accurate and done by experts, to avoid any 
misunderstanding by the insurance company. 
http://www.247medicalbillingservices.com     
How to Move your Practice from Self-Pay to 
Insurance Billing?
• Charge Entry - This step includes recording or entering each 
and every charge in the patient’s sheet. Appropriately 
monitor the patient's record and the charges imposed on him. 
 
• Claim Submission - Once all the above-mentioned processes 
are done, you need to submit the claim with the insurance 
company for reimbursement. Since each and every insurance 
company has a different set of guidelines, medical billers 
must be aware of this information. 
• Payment Posting - Last but not the least is the bill get paid 
and the patient’s account shows zero balance. 
Need any more information? Contact 24/7 Medical Billing 
Services for further details.
We are just a call away!
http://www.247medicalbillingservices.com     
How to Move your Practice from Self-Pay to 
Insurance Billing?
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