Are you still filing claims to insurance carriers by paper?
It is hard enough to keep your practice on schedule seeing patients, why inundate yourself and your staff with such a daunting task as filing paper claims? Utilizing a practice management system and an electronic claim processing clearinghouse, you are freeing time for your office to focus on more productive things such as patient care. Generating cash flow quickly is the goal behind every successful practice. The turn-around for electronic claims is 15 days while paper claims range from 30-60 days. Some state Medicare Programs have already mandated electronic filing, it is only a matter of time your local Medicare carrier does the same.
Filing claims by paper is not only time consuming, it is expensive. Eliminate mail float and lost claims. As postage, paper and printer ink/toner costs rise, so does your overhead. Eliminate associated costs and utilize a clearinghouse. A clearinghouse will give you immediate receipt confirmation, run your claims through an audit and also provide you with a notice of receipt from the payer, real-time.
What are you waiting for?
April 17th, 2009 at 12:18 pm
Nice article! One more reason to move to electronic – some Medicare carriers will allow you to submit up to 8 diagnosis codes via electronic claim ONLY!
Tom Necela, DC http://www.strategicdc.com
April 15th, 2011 at 7:04 am
Hi, claims processing is a tedious task. Manual system is very time consuming and often results into a large no. of errors. Here, comes the role of electronic claims processing – systems like claims processing system are proving to be a boon for the healthcare professionals as well as patients.