Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

What to Expect from a Medical Billing AR Management Company

By Outsource Strategies International Subscribe to RSS | May 15th 2012 | Views:
loading
 
  



If you are busy medical practitioner, managing your billing tasks along with patient care can be a tedious task. Outsourcing billing and AR management can lessen your workload and optimize your revenue. With the right medical billing AR company, you can expect efficient and timely claim submission and receivables follow up to improve your bottom line.

Systematic Medical Billing and AR Management Services

A reliable medical billing company will work as an extension to your practice. It will have the infrastructure, technology and resources to help streamline your revenue management. Partnering with the right company ensures:

•Services of a professional team: The staff would comprise medical billing specialists, posting teams, AAPC (American Association of Professional Coders) certified coders, and AR follow-up teams, all with extensive experience. They can even work on your own billing software. They are experts in the latest technologies and medical billing software, such as Medisoft, Practice Admin, AdvantX, eClinicalWorks, Advanced MD NextGen, IDX, Lytec, Eclipse, and so on.

•Prompt and efficient billing procedures: The various stages in the billing process are handled systematically. Patient demographic information is collected and entered into electronic systems. Verification is carried out to check out patient eligibility. The billing team contacts the insurance companies to check out all the details of the patient’s insurance plan. Expert coders assign the right diagnosis and treatment codes to prevent claim denials and rejections that can occur to coding errors. All patient information is double-checked before claims are submitted. Other billing services include review of all charges for accuracy to ensure a continuous flow of revenue, posting of ERA and paper EOB payments on a daily basis, and review of EOBs to ensure maximum reimbursement was obtained.

•Accounts Receivable Management: AR follow-up is one of the most important services that medical billing companies provide. It involves following up and appealing unpaid claims with insurance companies. EOBs and claims are evaluated, arranged in order of priority and followed up on without delay. Improper denials are disputed. A reliable service provider would never write off a claim without appealing it first.

•Timely Reports: A medical billing company would provide all types of reports to keep the client updated on progress. This includes regular QA checking with readily available reports, customized monthly reports every month, and quarterly coding updates.

How to Find an Efficient Medical Billing AR Management Company

It is obvious that you have to find the right medical billing AR services partner to secure the financial position of your practice. Browse the web and compare service providers. Choose a company that can work as an extension to your practice and provide solutions in customized turnaround time. Established companies even offer a free trial of their services so that you can evaluate their offerings before you sign up. It would be ideal if you find a company that does not insist on a long term contract.

Outsource Strategies International - About Author:
Outsource Strategies International (OSI), one of the leading medical billing companies in the Tulsa, Oklahoma area, is offering quality physician billing services to prevent backlog and heavy financial losses in medical practices

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/business-articles/what-to-expect-from-a-medical-billing-ar-management-company.htm

Related Business Articles Subscribe to RSS

Catheter along with it's medical applications
Published by Ema Sis on April 18th 2012 | Business

In medical science catheter marking relates to the usual process in virtually all health facilit...
 
Zadroga claim helps to provide medical and financial support to victims
Published by Jennifer Weinstein on December 19th 2011 | Business
The Zadroga Claim provides financial aid to the victim which helps them to fight the health problem ...
 
Need for medical contract manufacturing
Published by Ema Sis on March 24th 2012 | Business
The medical device contract manufacturing for the most part offers along with the assembly of highly...
 
Being aware of the Sorts of medical Loans
Published by John Schubert on August 17th 2012 | Business
The charges of medical procedures and therapies can add up easily to thousands of dollars. When you ...
 
Optimising venture who have medical equipment suppliers to boost productivity
Published by Jose Larry on May 29th 2012 | Business
Well being appliances are replacing frequently with fresh, new products are going online on the mark...
 
The many medical device distribution programming back European union
Published by Caedmon Scott on May 25th 2012 | Business
Absolutely new Euro directives is discussed completely for any selling and additionally passing them...
 
Zadroga attorney enable to get better medical aid and healthy lifestyle
Published by Jennifer Weinstein on January 6th 2012 | Business
Zadroga attorney assist the victims of 9/11 terror attack, to get well deserved reimbursement for be...
 
Use internet for buying medical supplies online
Published by Chooseems on July 6th 2012 | Business
You need to be extra careful while shopping on the internet. When it is about buying medication, the...
 
Averting common operational & legal pitfalls at your medical practice
Published by Deepak Rupnar on June 5th 2012 | Business
Medical practice and legal issues have long been inseparable. History is full of examples wherein pr...
 
Techniques for medical equipment manufacturers Through Supercharge your provide you with company lately!
Published by Samuel Willie on May 29th 2012 | Business
Advancing produce thread control might be a section of concern through a large amount of insurance c...
 
HIPAA compliant physician billing services for gastroenterologists
Published by Outsource Strategies International on March 5th 2012 | Business
Medical billing companies provide all healthcare specialists, including gastroenterologists, efficie...
 
Dental insurance billing services help maximize revenue
Published by Outsource Strategies International on February 3rd 2012 | Business
Dental insurance billing can help dental practices streamline their revenue cycle. Proper dental ins...
 
Discount medical supply store in your city
Published by Chooseems on July 6th 2012 | Business
You need to be extra careful while shopping on the internet. When it is about buying medication, the...
 
Medical billing service: Secret behind health care institutes’ top level service
Published by Activemds on April 17th 2012 | Business
Around the world, medical and health care service of United States is appreciated for its quick and ...
 
HIPAA compliant medical billing and coding for the healthcare industry
Published by Outsource Strategies International on June 7th 2012 | Business
HIPAA compliant medical billing and coding enable healthcare firms to submit insurance claims prompt...
 
Dental insurance billing services help maximize revenue
Published by Outsource Strategies International on February 3rd 2012 | Business
Dental insurance billing can help dental practices streamline their revenue cycle. Proper dental ins...
 
Capital Aesthetic Methods by way of medical Loans
Published by John Schubert on August 17th 2012 | Business
A typical challenge that requires medical loans could be the occurrence of an emergency and yet you ...
 
Dermatologists’ Shortage in the US – a medical billing perspective
Published by Jacob Thomas on December 5th 2011 | Business
Contrary to mounting demand, US healthcare industry continues to be plagued by shortage of dermatolo...
 
Home medical equipment monitors your every health problem
Published by Chooseems on June 19th 2012 | Business
Purchasing home medical equipments offers surplus vantages that can never compared with any other. I...
 
The best courier service is provided by us including medical delivery
Published by Coloprilreview on December 1st 2011 | Business
Most of the delivery services comprise of Cargo Management, shipping, Cargo Express Movement & Wareh...