Best Medical Billing Practices For Pediatric Practices - PowerPoint PPT Presentation

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Best Medical Billing Practices For Pediatric Practices

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Is your pediatric practice earning less than it should? Collaborate with 24/7 Medical Billing Services for Pediatric Practices . – PowerPoint PPT presentation

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Title: Best Medical Billing Practices For Pediatric Practices


1
Best Medical Billing Practices for Pediatric
Practices
The pediatric billing and coding process is one
of the most important, if underappreciated,
aspects of the healthcare system. This procedure
ensures that healthcare providers receive payment
for the services they provide. However, the
pediatric billing process requires a high level
of accuracy to ensure that claims are issued and
payments are processed quickly. Errors or
outdated information can cause major issues in
pediatric practice. For example, failing to
enter correct patient demographic information or
failing to check and verify patient eligibility
can result in costly denied claims. Any changes
to patient information must be carefully reviewed
and entered, all transmissions must be confirmed,
payments must be posted, and accounts receivable
must be worked on time. Since all of this must be
done in addition to dealing with patient calls
and other day-to-day demands in a busy pediatric
office, taking the time to implement the best
pediatric coding and billing practices from the
start can greatly reduce the risk of confusion or
error. Here are some pediatric billing and coding
best practices to help your practice create the
most efficient system possible and maximize
revenue potential
HTTPS//WWW.247MEDICALBILLINGSERVICES.COM/
2
Best Medical Billing Practices for Pediatric
Practices
HTTPS//WWW.247MEDICALBILLINGSERVICES.COM/
3
Best Medical Billing Practices for Pediatric
Practices
  • Before the Visit
  • The front desk will oversee verifying
    eligibility, obtaining necessary authorizations,
    and collecting co-pays and co-insurance in
    advance of the visit.
  • Check Eligibility Proactively
  • Review Patient Responsibility
  • During After the Visit
  • Use Charge Rules
  • Enter Charges Within Two Days Of The Visit Date
  • Verify Status Reports
  • Convert your EHR to the Single Source of Truth

HTTPS//WWW.247MEDICALBILLINGSERVICES.COM/
4
How Can 24/7 Medical Billing Services Assist You?
Changing payer fee schedules, government
regulations, a lack of training and resources,
and high-deductible health plans may all be
factors causing your pediatric practice to earn
less than it should. Maintaining financial health
in a complex regulatory healthcare environment is
no easy task. It is necessary to understand how
to get paid for your services, from dealing with
claim denials and improving denial management and
underpayments to following up on outstanding
payments. In addition to the pediatric medical
billing practices listed above, practices must
keep payer fee schedules up to date, file
secondary insurance claims, and ensure correct
coding to avoid undercharging. You can also
collaborate with revenue cycle management experts
of 24/7 Medical Billing Services to increase your
pediatric practice profitability. Book your free
consultation right today by calling 1
888-502-0537.
HTTPS//WWW.247MEDICALBILLINGSERVICES.COM/
5
About Us
We are a medical billing company that offers
24/7 Medical Billing Services and support
physicians, hospitals, medical institutions and
group practices with our end to end medical
billing solutions. We help you earn more revenue
with our quick and affordable services. Our
customized Revenue Cycle Management (RCM)
solutions allow physicians to attract additional
revenue and reduce administrative burden or
losses.
HTTPS//WWW.247MEDICALBILLINGSERVICES.COM/
6
Contact Us
Media Contact 24/7 Medical Billing
Services Georgia 3001 Greenfield Drive, Marietta
GA Ohio 28405 Osborn Road, Cleveland, OH
4414030068 Texas 2028 E Ben White Blvd,
240-1030 Austin TX, 78741 Delaware 16192
Coastal Highway, Lewes, Delaware 19958, United
States Phone no / Fax 1 888-502-0537
Email us info_at_247medicalbillin
gservices.com
HTTPS//WWW.247MEDICALBILLINGSERVICES.COM/
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