Articles tagged: medical claims 

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Medical billing services: How it is useful to Medical Company written by James Lee
Medical billing service is a challenging business that requires great attention to details, quick billing processing and adherence to forms. Errors such as under pricing, under coding and missed charges create great loss in the medical practice income.

10 Steps towards Efficient Medical Electronic Billing Claims Submission written by Pinky Mcbanon
Electronic billing is not that easy as you might think. But there is always a good training, practice and ways to efficiently maximize the use of electronic billing submission. There are many advantages why medical providers must submit claims by electronic. One is because the processing and reimbursement time is at least within 72 hours compared to a paper billing that may take up to 3 weeks. Electronic submission reduces errors and lost of claims by 98%. Transmission is fully encrypted and compliant with HIPAA rules and guidelines.

10 Common Reasons Why Medical Claims were being Denied and your Action Plan written by Pinky Mcbanon
(1) Incorrect patient’s information (insurance ID# , date of birth) If you are submitting electronic claims, AVOID entering patient’s insurance number with characters like an asterisk (*) and dash (-) in between the alphanumeric numbers because these characters can be recognize by electronic as unrecognizable. Just check on this issue with the clearinghouse or your service provider. Always make a copy of your patient's primary & secondary insurance card on file (copy front and back!). Make sure to get a copy of their new card (if there is a change).

10 Smart Ways to Start Your Medical Billing Business Without Investing Too Much Money written by Pinky Mcbanon
Start with a good business plan (you don’t have to hire a professional to do this for you, you are the entrepreneur, you have the ideas, so you can make your own business plan! You just perhaps need a guide on how you will present it. There are many free information available on the internet on how to do this!!) & proper registration, paper works for your business (you may contact your county’s Small Business Administration Office, they provide free consultation, guidelines and information on how to register your business!)

10 Things You Should Do Before You Start Your Medical Billing Business written by Pinky Mcbanon
Medical Billing is a legitimate business (either home-based or office-based) and you can make good money as long as you know how to do it, the right way. But before that, consider the 10 Things You Need To Do:

Effective Medical Billing: Get Paid On Time written by Pinky Mcbanon
Timely medical claim reimbursement/payments for the medical provider are a serious problem by most of medical practices nowadays. How can a medical practice survive with slow revenue? too many claims denial and rejection? The solution here is to get the collection done as effectively as it can.

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