Uploaded on Apr 10, 2020
Hire us your medical billing service provider. We help you to collect your medical bills. Our medical billing and collection process increase your revenue and reduce reimbursement! Schedule an appointment with us Now! https://www.mgsionline.com/medical-billing-and-collections.html
                     Medical Billing And Collection Services
                     Medical Billing 
And Collection 
Services
www.mgsionline.com
Medical Billing and
Collection Process
STEP 1: Patient Scheduling
You want to maximize your care team's 
productivity and see as many revenue-
generating patients as possible
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STEP 2: Patient Registration
Patient registration is a complex process that 
requires a considerable amount of 
preliminary patient data input, including: 
Collection of patient demographic 
information, including personal and contact 
information
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STEP 2: Insurance Eligibility 
Verification
The process of obtaining the insurance eligibility 
verification of a patient is necessary to insure that the 
patient has coverage, services that are being provided 
are covered, denials and appeals can be minimized and 
payments are expedited at the appropriate rates.
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STEP 4: Charge Entry
Charge entry is one of the key areas in medical 
billing. In the medical billing charge entry process, 
created patient accounts are assigned with the 
appropriate $ value as per the coding and 
appropriate fee schedule. The charges entered will 
determine the reimbursements for physician's 
service.
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STEP 5: Claim submission 
After a billing encounter, the provider gathers all relevant 
information, intake forms and the proper services 
documentation and submits the claim for payment. This 
is a time-consuming and labor intensive process.
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STEP 6: Payment Posting 
Posting of insurance payments involves logging 
the payment into the practice management or billing software. 
Insurance payers typically lump payments together for several 
claims in one check or electronic funds deposit. This is reflected 
on the ERA.
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Thank You.
813 666 0028
[email protected]
www.mgsionline.com 
                                          
                
            
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