medical billing outsourcing

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24/7 Medical Billing Services

• Address
• 24/7 Medical Billing Services16192 Coastal
  Hwy,Lewes, DE 19958USA
• Phone [phone] Website
  http//www.247medicalbillingservices.com
• Email info_at_247medicalbillingservices.com

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SELECTING THE RIGHT MEDICAL BILLING SERVICE

• Revenue collection is the backbone of every
  business but it is more so in the case of medical
  practices as they cannot stop attending patients
  all of a sudden and the depletion of money is
  slow and steady. This makes it difficult to
  detect and gain control over finances. It is thus
  extremely important to keep a tab and analyze the
  revenue cycle regularly.
• Capability and Point of Contact
• This is one of the primary things a provider
  should ask a billing vendor their expertise and
  experience in handling billing for specific
  specialty. The provider should know whether the
  billing partner can handle the entire process
  given the size of his practice and average number
  of patient visits.If you run a cardiology
  practice, you may want to ask the company if you
  will have a designation personnel to review the
  cardiology billing and ensure accurate reports
  are sent to you regularly. This person should
  ideally also be your 24/7 point of contact.

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Medical billing services

• Qualification and Experience of Staff
• The most common reason for claim rejections
  and denials is billing errors. An experienced
  staff will know the terminologies, latest CPT
  (current procedural terminologies) and ICD
  (international classification of diseases) codes.
  The billing vendor should have CPC certified
  ICD-10 coders considering the approaching
  deadline for ICD-10 implementation, October 1,
  2015.
• Support for Training and Billing
• With the constantly evolving healthcare
  reforms like Meaningful Use (MU), for improving
  care provision, the usage of electronic health
  records (EHR) has increased manifold. The billing
  company should have the infrastructure and
  experience to handle the transition, and the
  knowledge of using various practice management or
  billing software.

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Medical billing services

• Timeline for Reimbursement
• A billing company should ideally be able to
  file your claims within 24 48 hours and
  maintain the lowest possible account receivable
  (AR) bucket as applicable for specific medical
  specialties. In case of any delay in
  reimbursements, one should pre-decide the amount
  to be deducted or reduced from the fees. It is
  good to have a process in which the teams can
  have simultaneous access to the progress status
  of the filed claims.
• AR Recovery Team
• If theres one team that you should pay a
  little extra for, it is the AR team for the
  religious follows ups they do. Off late pending
  ARs are a common thing considering the number of
  rejections and denials due to compliance issues.
  This team should be conversant with understanding
  the explanation of benefits (EOB) well.

5
Thank You

• Get in touch with us.
• 24/7 Medical Billing Services
• 16192 Coastal Hwy,
• Lewes, DE 19958
• USA
• Phone [phone]
• Websitehttp//www.247medicalbillingservices.com
• Email info_at_247medicalbillingservices.com