Will a Dedicated Claims follow up improve AR days?
www.medicalbillersandcoders.com info@medicalbillersandcoders.com Toll Free 888-357-3226
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Medical Billing process being no simple task entails accuracy in each of the steps involved in the final claims filing.
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Proficiency in enabling a smooth billing and coding is mandatory to ensure no errors which give rise to dwindling revenue.
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Understanding and analyzing the required workflow for your practice is essential to avoid future blunders owing to inaccuracies.
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An efficient revenue cycle management requires every area of the medical billing process to be looked after by adept individuals.
www.medicalbillersandcoders.com info@medicalbillersandcoders.com Toll Free 888-357-3226
Industry Facts•
Lack of follow up on unpaid claims makes you lose almost 25% of your revenue
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Medical billing services can bring down your AR days to a minimum average of 21 days
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With stringent regulations, there is an increase in number of denied claims by payers
info@medicalbillersandcoders.com www.medicalbillersandcoders.com Toll Free 888-357-3226
Claims follow up- A process taken too lightly! •
Most practices do everything it takes to ensure preciseness in billing and coding of the services rendered, however, there always exist minuscule chances of claims to get denied or remain unpaid.
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What rarely is taken into consideration is following up on claims that have not been paid by the insurance companies.
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This happens largely due to paucity of time to invest in following up on these claims.
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A completely separate team devoted to follow up on claims denied or pending can be of significant help. Increased AR days affect the financial health of a practice to a greater extent than you can imagine!
www.medicalbillersandcoders.com info@medicalbillersandcoders.com Toll Free 888-357-3226
Outsourcing as an effective option•
Perks of outsourcing are plenty. It is not confined to only more number of staff for the billing process but also guaranteed proficiency that can bring increased revenue for your practice.
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An outsourced billing service has distinct teams for every process and this is something that certainly helps every practice as lack of individuals will not be a reason for losing out on revenue that your practice deserves for all the services rendered.
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With all the required resources at disposal, such milling companies come with an assurance of no dip in revenue but definitely a dip in your AR days.
www.medicalbillersandcoders.com info@medicalbillersandcoders.com Toll Free 888-357-3226
Improve your AR days! 4625 Morse RD., Suite 208, Gahanna, Ohio 43230 info@medicalbillersandcoders.com www.medicalbillersandcoders.com Toll Free 888-357-3226