Archive for The Day of May 9th, 2006
Archive for the Day of May 9th, 2006
Welcome to the medical billing blog archive for the day of May 9th, 2006.
Here you will find links to every article added to the Outsource Management Group web site during May 9th, 2006.
You can browse this day's archives by clicking the "More" button from any of the excerpts below.
Medical Billing Explained
If you’re researching becoming a medical biller, it is a fantastic career with a great future. Basically a medical biller takes the documentation provided by their client (a doctor or hospital) that has rendered services to a patient and is looking to get reimbursement for those procedures and services from the patient’s insurance company. The medical biller’s job is to submit the claim to the carrier (insurance company) and get their client (the doctor or hospital) a reimbursement. The medical biller will have to make sure the claim is properly coded. This means that each procedure and service has a numerical code assigned to it. Those codes must be logical …
What’s So Great About Electronic Medical Billing Claims?
In short – everything. This is one of the few scenarios where there truly is no downside. Medicare alone receives more than 500 million claims on the average per year and they only accept electronic medical billing claims. Filing your medical billing claims or having them filed electronically by your medical billing partner will cut your turn around time on your reimbursements from an average of 90 days for paper or self filed claims to about 14 days for most claims. That alone should be enough to encourage you to outsource your medical billing. Electronic claims will enable you to create a revenue stream that you can count on and …
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