Billing errors and denials can hurt your practice’s bottom line. Here’s how we can help healthcare providers:
- Capture Charges Accurately: Make sure all charges for services are captured and documented.
- Verify Insurance: Always verify patient insurance before seeing them to avoid denials.
- Use Standardized Coding: Use ICD-10 and CPT to ensure consistency and accuracy.
- Submit Claims Electronically: Submit claims electronically whenever possible to speed up processing and reduce errors.
- Follow Up on Claims: Follow up on outstanding claims and patient balances regularly.
- Review and Analyze Data: Review and analyze billing and payment data regularly to improve and optimize.
- Outsource Billing: Consider outsourcing billing to a reputable billing company to reduce errors and denials.
By doing this, we can help you improve your billing process, reduce denials, and optimize your practice’s revenue cycle.