| Physicians have always had to juggle the tasks of | | | | electronically. This means that the claims are paid |
| their office. Often, small practices could not afford | | | | in days instead of weeks or months. |
| to hire an office staff and the physician would | | | | Many medical practices hire a person to file their |
| have to do it all; see patients, make appointment, | | | | medical claims; the problem with this is that all of |
| and fill out and submit medical claims to insurance | | | | the "I's" need to be dotted and the "T's" need to |
| companies. The problem was physicians would | | | | be crossed or the insurance company will reject |
| rely on the payment from the insurance company | | | | the claim and the process will start all over again. |
| and if a mistake were made the claim would be | | | | This can create a huge problem if more than one |
| rejected, leaving the physician to start all over | | | | claim is rejected. |
| again. | | | | These companies track each claim to insure that |
| In today's technology based workplace, a | | | | it is accepted and to make changes should |
| physician does not have to do everything him or | | | | mistakes occur. The claim is resubmitted |
| herself. There are companies who have specially | | | | electronically, and what used to take months now |
| trained professionals to assist you in your billing | | | | only takes hours. |
| needs, giving the physician more time to spend | | | | Many medical practices need to have employees |
| with patients. | | | | who can multi task, when billing is involved, it |
| Medical billing today is an integral part of | | | | requires total concentration and attention to detail. |
| healthcare. Healthcare providers understand that | | | | This often means that a practice will have to hire |
| billing is a serious part of the medical practices | | | | an additional person to do the billing. It is an added |
| financial status, as do the billing companies that | | | | expense that any practice can do without when |
| process their claims. | | | | they hire a medical billing company. Often, the |
| Medical billing is the process of collecting fees for | | | | cost of using a medical billing company is less than |
| medical services. It is a highly specialized field that | | | | a full time employee. |
| requires special training. Billing is an important part | | | | The success of billing is astounding. More than |
| of a medical practice because it is the one thing | | | | ninety percent of all claims are accepted on the |
| that can hinder payment from the insurance | | | | first submission, allowing medical practices to |
| company and put the practice into financial crisis. | | | | receive payment for their services much faster |
| Handling medical claims in the office could lead to | | | | then any other method. |
| financial hardship if the insurance company finds | | | | One of the biggest advantages to billing is that |
| any mistakes and rejects the claim. | | | | anyone in the medical field can use a billing |
| A medical billing company specializes in billing for | | | | services. Dermatologist to Phlebotomist can use |
| any type of medical facility. The can process | | | | medical billing to submit their claims. |
| claims infinitely faster because all claims are filed | | | | |