Services
Faith is taking the fist step even when you don't see the whole staircase. - Martin Luther King Jr.
Topics I Discuss
Contract Rates
The agreed-upon fees for services rendered under a contract. This rate can very significantly based on factors such as the size of the practice and the patient population served.
Billing for Provided Services
To ensure timely processing and accurate billing, it is highly recommended to submit provided services on a weekly basis. This practice helps streamline operations and minimizes discrepancies in records.
Communication
Effective communication is essential for delivering accurate and timely information, which directly contributes to a practice's success. By fostering open dialogue among t clients, practices can enhance collaboration.
Main Services
01.
Patient Registration
Collect and verify patient information and insurance details.
05.
Claims Follow-up:
Monitor submitted claims and follow up with insurance companies to resolve any issues.
09.
Account Reconciliations:
Confirms that all accounts are balanced and discrepancies are addressed.
02.
Insurance Verification:
Confirm patients' insurance coverage and benefits before services are rendered.
06.
Denial Management:
Review denied claims, identify reasons for denial, and appeal when necessary.
10.
Compliance:
Stay updated on healthcare regulations and make certain billing practices comply with laws (e.g., HIPPA, Medicare regulations).
03.
Coding
Ensure compliance by accurately associating the appropriate ICD-10 and CPT codes to facilitate proper billing and reimbursement.
07.
Payment Posting:
Record incoming payments from insurance companies and patients.
11.
Customer Service:
Communicates with patients and healthcare providers regarding billing questions and concerns.
04.
Claim Submission
Prepare and submit claims to insurance companies for proper compensation.
08.
Patient Billing:
Generate and send bills to patients for an outstanding balances after insurance payments.
12.
Data Entry:
Maintain accurate billing records in electronic health record (EHR) systems.