What You Need to Know about Denied and Rejected Claims
Denied and rejected medical claims can erode a significant chunk of your practice’s revenue, especially if you’re not set up to manage them efficiently. The good news is that the majority of rejected and denied claims are preventable and caused by common errors. You can make a big difference in your claim rate by identifying […]
4 Keys to Submitting Claims Successfully
Submitting claims requires an A-list clearinghouse. Let’s face it. The claim management process is quite tasking, and without the right intermediary, getting what is due to you can be an uphill task. A slight delay or an unsuccessful claim could mean poor cash flow for your organization. In today’s post, you’ll discover what it takes to file […]
Medical vs. Vision Care Claim Processing
Handling claims regarding optometry and ophthalmology can entail a string of tiny details, including differences between billing to a vision plan versus what you should bill through a patient’s medical insurance. Differentiating between the two can often be a little confusing at first, and that’s okay. To make things easy, let’s review what the differences between both […]
8 Benefits of Using a Claims Clearinghouse for Medical Billing
Health insurance has always been a highly debated topic. With more people using a larger variety of health insurance options, we ultimately have more insurance claims to file. Unfortunately, this means medical associations and individual practitioners often find themselves bogged down with more and more paperwork and medical billing can become overwhelming. Medical claims processing can be […]
How to Read an EDI 837 File
837 File Format Guide Today’s technology innovations allow for the rapid exchange of data all over the globe. In offices that offer patient services, safeguarding patient privacy is of the utmost importance. The 837 or EDI file is a HIPAA form used by healthcare suppliers and professionals to transmit healthcare claims. Before delving deeper into […]
Why You Need to Secure Your Claims Processing
Health insurance has been a highly debated topic over the past few years. With the Affordable Care Act, we have more insured Americans than ever before. With more people using various forms of health insurance, we also have more insurance claims to file. This often means that medical associations and individual practitioners are getting slammed with […]
How Medical Claims Processing Software Lowers Costs
Medical claims processing can be a costly and time-consuming chore for today’s health-care and medical professionals. It’s a daunting task, but it must be done accurately and efficiently. Here’s the good news — today’s medical claims processing software is easier to use and more effective than it ever has been. The added bonus? It actually […]
Medical Claims Processing: How the Right Medical Claims Processing Increases Profit
These days, more and more people seem to be noticing – and questioning – their doctor’s medical claims processing methods. But figuring out how your practice can cut down on medical billing errors is only a part of the process. When determining how to streamline the business side of your practice there is a […]
Medical Claims Processing: How to Pick the Best Medical Claims Processing Software
By the year 2024, nearly $1 out of every $5 will be spent on healthcare in the United States. If you’re a healthcare professional or part of a medical association, you’ve likely struggled with the most effective way to handle your billing. You’ve also wondered how to grow your business. The right medical claims processing […]
Medical Claims Processing: 5 Tricks to Easily Streamline Medical Claims Billing
Is the medical claims billing process a painful one for your practice? It doesn’t have to be. Taking a few simple steps to simplify medical claims billing can drastically improve your collections and even increase your practice revenue. If you’re ready to make this process easier, check out the following 5 tricks below! 5 Tips […]
