When billing feels busy but AR isn’t moving, the issue is often clarity, not effort. Here’s what your billing data may be trying to tell you.
More traditional medical practices used to handle their medical billing in-house. However, with the ever-changing regulations in the healthcare industry and the complexity of the medical coding system, more and more practices have decided to outsource their medical billing needs. When it comes to medical billing, there are several great benefits to outsourcing the work.
DME billing is the process of submitting and receiving payment from an insurance company for a claim concerning the use of a DME. It is a complex system that requires strict implementation, maintenance, and staff education on proper billing and medical coding to ensure the success of the DME provider. Errors in DME billing can cause delays in payments and enormous losses for the healthcare provider.
With the enactment of the Health Insurance and Portability and Accountability Act (HIPAA), medical providers were mandated to adhere to strict federal guidelines to protect patient information. With HIPAA in place, health practitioners have an ethical obligation to manage records to safeguard patient information adequately, which has also become a legal requirement.
Denying your medical billing claims can be a major source of frustration for medical billing companies. It not only takes up valuable time that could be better spent elsewhere, but it can also decrease revenue. To ensure that your medical billing claims are accepted, knowing what can cause a denial and how to avoid it is important. This blog post will discuss three key strategies for minimizing claim denials for your medical billing company.
Proclaim Billing Services goes beyond just providing billing services and support. We can also provide business consulting services through our sister company KG Simple Solutions.
