Are you looking for ways to control your in-house medical billing costs? The solution lies in hiring a medical billing specialist to handle the job. Outsourcing billing requirements to a professional medical billing specialist saves your valuable resources, frees up your staff for other core activities, and ensures speedy and efficient settlement of your claims.
A medical billing specialist works with a medical office and is in charge of a wide variety of tasks such as patient enrollment, insurance verification, authorization, reauthorization, billing and coding, AR collection, scheduling and rescheduling, reconciling of accounts, follow-up, resubmission, patient billing, and other related tasks.
Medical billers focus on the filing and submission of medical claims to insurance companies to obtain payment for claims in a timely manner. They also follow up and deal with problematic issues such as rejected claims with insurance agencies, Medicare, and Medicaid. Based on the conditions of claim rejection, the medical billing specialist takes all the steps necessary to resubmit the claims and ensure reimbursement.
Using sophisticated technology, they submit medical insurance claims based on the current rules and regulations of insurance companies. Their services are available for a wide range of specialties including allergy and sleep medicine, critical care, cardiology, endocrinology, hematology, geriatrics, obstetrics, pathology, microbiology, pain management, and more.
Outsourcing to a company providing billing and coding services helps you
focus on your business issues
reduce your operating costs
eliminate billing and coding headaches
improve cash flow and collections
automate claims generation and electronic submission
improve patient and physician satisfaction
maximize office efficiency and economies of scale
Choose a service provider with a team of billing specialists who have experience working with electronic medical records (EMR) and electronic health records (EHR), appeals, and denials. The certified medical billers should be proficient in the use of different types of billing software, and if necessary, work on their own. They must have experience with various insurance providers, including Medicare. It is also important that the medical billing company you outsource to can save you at least 30-40 percent on costs.