Did you know that differences in medical billing companies can be extensive from their fee structure, hidden costs, lack of specialization and limitation of services? All of this can reduce efficient and cost effective office operations, cash flow and bottom line profits.
It is well known that episodic patient visits within an emergency department or urgent care center create special challenges for medical billing, reimbursement and cash flow. Cash flow can slow down considerably from patient eligibility verification, claims submission, sending statements to patients, billing insurance providers and troubleshooting coding issues that cause claims to be denied.
A medical billing specialist company with up-to-date knowledge, skills, and automation strategies that focus on special needs of episodic care providers is critical for smooth, efficient and profitable practice operations. This is accomplished through coding and billing that produce better claim approval, rapid reimbursement, enhanced cash flow, and revenues at lower costs. Only an emergency and urgent care medical billing specialist company who understands these services consistently, can achieve that superior level of performance.
Other services can make episodic medical billing specialist services outperform the usual results produced through basic medical billing services. This is where electronic medical records, healthcare clearinghouse integration and specialized medical billing software contribute significantly to medical office operations.
The ultimate in streamlined, efficient and effective operations can be expected with additional medical billing services. These enhancements can assist with negotiation for favorable managed care contracts, methods to account for all medical records generated, and providing detailed reports that assist in practice management.
Before you choose a medical billing company, ask these important questions:
- Are you a medical billing specialist for emergency and urgent care providers?
- What type of automation services do you provide?
- What additional services do you provide to streamline practice management?
- How do you handle medical billing services that you do not directly provide?
- Do you assist with negotiating favorable managed care contracts?
- Do you offer methods to account for all medical records generated?
- Do you provide detailed reports that assist in evaluation of practice management performance and the services you provide?
What you will find is a tremendous variation in the level of service provided by medical billing companies. 360 Medical Billing Solutions are specialists in medical billing for emergency and urgent care groups. Besides specialty billing, we offer additional services including assistance with negotiating favorable managed care contracts, methods to account for all medical records generated, and providing detailed reports that assist in practice management.