One of the biggest challenges facing physicians is medical billing. The different procedures for reporting and getting your money are constantly changing. All of this is combined with more people needing your services, and you have to keep up.
Your staff is overwhelmed, and the workload increases the chances that there will be mistakes. Statistics show that 75% of all medical bills contain some type of error. This means that there will be delays in collecting your fees.
You can avoid these challenges by outsourcing to professional organizations that specialize in medical billing. Here are some of the ways physician medical billing services in Florida can help you.
The Verification of Benefits
One of the biggest challenges facing doctors today is providing services that are not covered. This means that you must collect the entire cost of these services from the patient. The odds are lower as the patient will not have the money or is unwilling to cover these costs.
Medical billing services will verify the benefit’s eligibility quickly. You let the patient know that certain services are not covered and avoid the aggravation of providing them to someone that can’t pay you. This saves you time and money by ensuring that you are working within the scope of what their payer will cover.
Billing and Submission
We integrate with your electronic medical records system to ensure that we are producing accurate bills. These bills are submitted electronically to the payer and this eliminates any delays in getting your fees.
We also scrub each claim before sending it out to the payer. This is to ensure that all of the information is correct to reduce the number of denials and resubmissions. If there are any issues, we will address these challenges quickly, so you can count on getting your revenues for the services delivered.
Collections
Another challenge you face is collecting any outstanding balances from patients. This is a time-consuming task, and you need someone that can handle everything quickly. Our team goes through and communicates with patients to make sure they cover what they owe. This reduces the time you spend trying to collect the uncovered portion of your fees from the patient. It frees your staff up to do other things such as focusing on providing the best care possible for your patients.
Read More: Top 5 Reasons Why Medical Billing Claims are Being Denied
Getting Everything Right the First Time
These are some of the things that physician medical billing services in Florida can do for you. The challenge is deciding to let go of the past and do something different that will help your practice.
Once you do, is when you will see an improvement in these procedures and will get more out of your billing. Outsourcing is the solution that will make everything easier. It saves you time, money, and the frustrations of dealing with these challenges.
You can focus your efforts on serving your patients and delivering the best quality care. This frees up your time, and it leads to greater amounts of patient satisfaction by not having to worry about billing issues.
