Uploaded on Jul 16, 2020
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.
How to Move your Practice from Self-Pay to Insurance Billing
HOW TO MOVE YOUR PRACTICE FROM SELF-PAY
TO INSURANCE BILLING?
[email protected] http://www.247medicalbillingservices.com/ 888-502-0537
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.
Read More…
[email protected] http://www.247medicalbillingservices.com/ 888-502-0537
HOW TO MOVE YOUR PRACTICE FROM SELF-PAY
TO INSURANCE BILLING?
Only a few steps are there to transform from self-pay to
insurance billing and we make the transition smooth and
efficient for you to carry on.
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 policy number is imperative for the claim submission.
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. Always ask the patient for his/her latest insurance
policy to eliminate doubt or misconception.
[email protected] http://www.247medicalbillingservices.com/ 888-502-0537
HOW TO MOVE YOUR PRACTICE FROM SELF-PAY
TO INSURANCE BILLING?
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. Don’t leave any small information out of paper and
communicate it in CPT and HCPCS code modifiers.
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. As it must
not have any error at the time of reimbursement.
[email protected] http://www.247medicalbillingservices.com/ 888-502-0537
HOW TO MOVE YOUR PRACTICE FROM SELF-PAY
TO INSURANCE BILLING?
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. Before the final claim submission, thoroughly check it
with the specific insurance company’s rules and regulations. You
don’t want the claim to be returned because of minor errors.
Payment Posting – Last but not the least is the bill get paid and
the patient’s account shows zero balance.
[email protected] http://www.247medicalbillingservices.com/ 888-502-0537
HOW TO MOVE YOUR PRACTICE FROM SELF-PAY
TO INSURANCE BILLING?
Need any more information? Contact 24/7
Medical Billing Services for further details.
We are just a call away!
Looking for a Quote? Let's Connect
http://www.247medicalbillingservices.com/move-
your-practice-from-self-pay-to-insurance-billing/
[email protected] http://www.247medicalbillingservices.com/ 888-502-0537
ABOUT US
• 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.
• Our company was founded in 2005 and is now a leading organization of highly
motivated and certified coders & billers in the US medical billing industry. Our current
employee strength is 500+ and we have ambitious plans to grow more rapidly.
• As a leading Medical Billing Outsourcing Company we take care of the complete
setup & enrolment in about one to four weeks time depending on the complexity of
the project. We have certified trainers with 10+ years of experience to train the
newcomers so they can get acquainted with the specialty jargons & stay updated
with the recent coding developments.
[email protected] http://www.247medicalbillingservices.com/ 888-502-0537
CONTACT US
24/7 Medical Billing Services
16192 Coastal Hwy,
Lewes, DE – 19958
USA
Phone no :
+1 888-502-0537
Email Address :
[email protected]
[email protected] http://www.247medicalbillingservices.com/ 888-502-0537
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