7 Ways to Get More Medical Billing Clients Research Competition in your Area. Offer Niche Medical Billing Services. Seek Referrals and Testimonials. Develop a Robust Digital Marketing Strategy. Hire a Content Specialist or Graphic Designer. Distribute Newsletters and Direct Mail. Can I start my own medical billing business? Whether youRead More →
Medical billing results in claims. The claims are billing invoices for medical services rendered to patients. The entire procedure involved in this is known as the billing cycle sometimes referred to as Revenue Cycle Management. What is claim processing in medical billing? What is Medical Claim Processing? When Providers renderRead More →
Retroactive authorizations are given when the patient is in a state (unconscious) where necessary medical information cannot be obtained for preauthorization. In such cases, many insurance providers require authorization for services within 14 days of services provided to the patient. How do I get retro authorization? Call 1-866-409-5958 and haveRead More →
Authorization in medical billing refers to the process wherein the payer authorizes to cover the prescribed services before the services are rendered. This is also termed as pre-authorization or prior authorization services. What is an authorization in healthcare? Print Page. Prior authorization—sometimes called precertification or prior approval—is a health planRead More →
The medical billing industry is extremely competitive. Currently, medical billing services are charging clients in the range of $2 to $3 per claim processed, and the overall profit potential for the service is good, providing you can process medical claims on a volume basis. How do medical billing companies getRead More →
Medical billing team verifies the patient’s insurance strictly end to end. Under certain services, prior authorization is required from insurance company, if not service is ready to be provided. The staff uses software system to verify the patient’s data in order to speed up the work. What is the billingRead More →
Here are four ways to improve collection efficiency and reduce AR days. Make the Healthcare Revenue Cycle More Front-End Driven. Put Your Enterprise Data Warehouse to Work. Have a Robust Plan for Reducing and Handling Rejected Claims. Ask Frontline Staff What They Need to Be Most Effective. What is totalRead More →
In order to make sure that you get paid for the treatment, a ‘Referral’ from your doctor is a must. Under medical billing, it is a significant record obtained from a provider so that you can acquire the specialized services from a specialist, your doctor has referred you to. WhatRead More →
As a Client Partner for account receivables, you will be responsible for making calls to insurance companies to follow-up on pending claims. How does AR in medical billing work? Accounts Receivable (AR) is the money owed to Providers or medical billing companies for the medical care rendered to patients. TheRead More →
Under-payments are transactions where the insurance company reimburses at a lower level than the agreed-upon rate per the contract. Underpayment amounts are many times as high as denial amounts, especially when a contract management system is not used to calculate expected reimbursement. How do I find underpayments? Step by StepRead More →