Here are five ways to tackle common medical billing challenges for healthcare providers, according to PhysBizTech.
1. Use electronic insurance coverage verification.
2. Collect 100 percent of co-pays and a substantial amount of the payment portion.
3. Know which medical procedures are and are not covered by a patient's plan.
4. Pre-authorize for applicable medical procedures.
5. Stay up-to-date on codes.
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1. Use electronic insurance coverage verification.
2. Collect 100 percent of co-pays and a substantial amount of the payment portion.
3. Know which medical procedures are and are not covered by a patient's plan.
4. Pre-authorize for applicable medical procedures.
5. Stay up-to-date on codes.
More Articles on Coding, Billing and Collections:
Medstreaming Names Michael Thompson Chief Operating Officer
athenahealth Looks to Outside Developers to Improve EHR Platform
Obama's $3.8T Budget Would Save Medicare $370B