Boosting Revenue with Effective Chiropractic Billing Tips

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Boosting Revenue with Effective Chiropractic
Billing Tips

• 24/7 Medical Billing Services
• info_at_247medicalbillingservices.com
• 1 888-502-0537

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With the ever-changing requirements and
regulations of health insurance and government
programs, it can be a difficult task to manage
a chiropractic office. Providers are always in
need of an efficient and streamlined financial
process so that the revenue cycle remains healthy
and they get sufficient time to focus on patient
care. If you are also running a chiropractic
office, then you will need a team of experienced
billers and coders to sail through reimbursement
challenges. The team needs to understand the
nuances of chiropractic billing because it is
quite different from that of other specialties.
They will have to offer timely revenue cycle
management support to help your practice to
survive in business and make profit.
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• Here are a few billing tips that
  every chiropractic practice needs to follow in
  order to get timely payments
• It is very important to evaluate AR or accounts
  receivable on a regular basis. Your practice
  should be averaging under 45 days in AR and
  strive for an average under 30.
• Coding accuracy all have to be improved by
  scrubbing codes before submission in a routine
  manner. Denied claims will have to be analysed to
  identify patterns that can be rectified.
• Verification stage will need improvement as well
  because the reimbursement process starts when a
  patient makes an appointment with a healthcare
  provider. If patient data, including provider
  eligibility and insurance information is not
  recorded accurately, then it will impact the
  chances of getting full payment.
• Having a team of expert billers is very important
  because the practice should send error-free
  claims the first time around. Each claim should
  be scrubbed thoroughly for initial submission.
  This takes not more than 30 to 60 seconds per
  claim.

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At times, keeping up with all the coding and
billing requirements becomes a task for most
practices. They struggle between revenue
challenges and the need to invest time in patient
care. This is one of the main reasons why they
prefer to outsource their billing needs to a
third party. They prefer hiring a reliable
billing partner who will not only help the
practice get maximum payment by submitting
error-free claims but also comply with
regulations and analyse the gaps that exist in
their revenue cycle. Streamlining the financial
process is very important for all chiropractic off
ices. And this can be made possible only when a
reliable billing partner is working for them.
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Contact Us

• 24/7 Medical Billing Services
• 16192 Coastal Hwy,
• Lewes,DE 19958,USA
• 2028 E Ben White Blvd 240-1030,
• Austin, TX 78741,USA
• Phone  [phone] Fax 1
  888-635-9013
•  info_at_247medicalbillingservices.com