Date post: | 22-Nov-2014 |
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Health & Medicine |
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PRESENTED BY ANGOMARK, MEDICALBILLINGSTAR
HOW E-BILLING CAN IMPACT PHYSICIANS PRACTICE
EARLY STAGE OF E-BILLING
• Decreased managerial cost compared to paper processing.
• Timely credit of bill status reduces need of rebilling/phone calls.
• Some physicians and other healthcare providers reporting payment cycle significantly reduced.
E-BILLING WORKFLOW
EVALUATE YOUR PRACTICE SITUATION
• What is the billing volume and percentage of revenue that workers compensation signifies your practice.
• Who are your high volume payers ?
• Identify key payers to target based on revenue cycle volume.
• What is your technology eagerness ?
• How will your practice adjust its workflow procedure to utilize the workers compensation claims processing.
• Are there state compliance/mandate implications.
FIVE EASY STEPS TO GET STARTED
• Assess your current workflow and find high
volume payers.
• Communicate your key payers-e Billing
Programs.
• Contact your insurance vendors-
e-Billing solutions
• Decide : Once you have the data , select the
solution that best fits your practice needs.
• Start Implementing .
THANK YOU
•For A Smart e-Billing Partner visit us
www.MedicalBillingStar.com
Source :American Medical Association