Cost-Saving Medical Billing Company in Lancaster
The Most Effective Medical Billing Company in Lancaster that provides revenue for your Medical Billing Company.
When looking for the Top Rated Medical Billing Company in Lancaster, by now you have a good idea about the headache of medical {billing
coding} in Lancaster. Still don’t know much about what those billing codes are utilized for.
Of course it’s true that we can use procedure codes to follow the usefulness of a particular procedure, their main use in the Lancaster US is in the reimbursement process. In other words, codes help us collect accurately and efficiently.
Why don’t we take a closer look at how and why we bill for Medical Billing Company in Lancaster.
Claim Submission for Medical Billing Company in Lancaster
- We ensure that claims will be entered accurately by the following business day. For more information on our money back guarantee, click here.
- Certified Healthcare Medical Billing will conduct data entry and submit your paper claims.
Accounts Receivable Posting for Medical Billing Company in Lancaster
- Certified Healthcare Medical Billing will post all payments for Medical Billing Company in Lancaster from patients and insurance companies and properly post adjustments and deductibles for Medical Billing Company in Lancaster.
Follow-Up of Outstanding Medical Claims for Medical Billing Company in Lancaster
- For any claims that remain open at least 30 days after claim submission, Certified Healthcare Medical Billing will aggressively follow up on the claims to determine why the claims have not been paid for businesses relating to Medical Billing Company in Lancaster
Insurance Verifications for Medical Billing Company in Lancaster
- For any new patients we would verify patient insurance benefits*. Benefit information obtained will include the following:
- Copay and deductible information for Medical Billing Company in Lancaster.
- Limits on benefits for the year Medical Billing Company in Lancaster.
- If pre-authorization or a referral is required in Lancaster.
- Copay and deductible information for Medical Billing Company in Lancaster.
Authorization and Benefit Tracking for Medical Billing Company in Lancaster
Using a Billing Service Charging A Percentage for Medical Billing Company in Lancaster?
Most billing services charge a percentage of the amount paid by insurance (6-10%). If you are using such a billing service, STOP throwing your money away?
Our Platinum Medical Billing Service provides all services (and more!) that a billing service charging a percentage provides but we charge significantly less!
- Check out the References page on our website to see more than 50 practices nationwide who have been using our service for years and would recommend our services!
How and Why We Bill in the Lancaster area for Medical Billing Company.
Visiting the MD may seem like a one-to-one interaction, but in reality it’s part of a large system of info and payment. While the insured may only have direct involvement with one person or doctor, that check-up is actually part of a three-part system.
It’s the medical biller’s job to negotiate and arrange for payment between these three parties. Specifically, the billing company ensures that the healthcare provider in Lancaster is paid for for their Medical Billing Company by collecting both patients and payers. We bill because Lancaster based healthcare providers that need to be compensated for the Medical Billing Company out of Lancaster.
Insurance Process for Medical Billing Company Collection in Lancaster.
Let’s briefly talk about the insurance process for Medical Billing Company.
Health insurance in Lancaster for Medical Billing Company comes in a number of forms, including:
- Indemnity for Medical Billing Company in Lancaster , or pay-for-service insurance, in which the patient may choose any provider they want. This insurance is typically costlier, but gives the insured person more flex power.
- Managed care medical organizations (MCO) for Medical Billing Company in Lancaster: This is a blanket term that includes companies like Healthcare Maintenance Organizations (HMOs) and Preferred Provider Organizations (PPOs). Patients have less options as to which doctor they can see, but their deductibles are fixed and are usually lower. Essentially, managed care insurance restricts patient’s options but also lowers the cost of having medical insurance for Medical Billing Company in Lancaster. This is the most popular form of health insurance in the United States today.
- Consumer-driven health plans in Lancaster
- When working with Medical Billing Company in Lancaster, {take a look} at health insurance in just a bit, and we’ll dive closer into the insurance claims.
With each of these types of insurance, there are {procedures services} that are covered, and some that are not. It’s the medical biller’s job to interpret a patient’s insurance plan and use this information to create an accurate claim.
Top Reasons of Using a Medical Billing Company in Lancaster.
Higher Collection Rate of Medical Billing Company in Lancaster
Because medical coding and billing in Medical Billing Company , we have a higher collection rate than doctors who attempt collections on their own. In fact, our collection rate of 99.7%, which is one of the best in the medical billing industry.
Quicker Collection Rate for Medical Billing Company in Lancaster: In an age in which banks have basically stopped lending money and cash flow is essential, the speed with which you collect money can dramatically affect the operations of your medical practice. We collect money in an average of 22 days.
Reach Out Today for a Live Demo in How We Can Increase Your Medical Billing for Medical Billing Company in Lancaster
Call (310) 507-1881