Important aspects of medical insurance billing - PowerPoint PPT Presentation

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Important aspects of medical insurance billing

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To sustain long term operation, it is essential to optimize the medical billing process, preferably by outsourcing the tasks to a reliable revenue cycle management company. This helps in timely realization of revenue for the healthcare service providers allowing them to focus their attention to their patients’ health concerns. See more at: – PowerPoint PPT presentation

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Title: Important aspects of medical insurance billing


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IMPORTANT ASPECTS OF MEDICAL INSURANCE BILLING
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To sustain long term operation, it is essential
to optimize the medical billing process,
preferably by outsourcing the tasks to a reliable
revenue cycle management company. This helps in
timely realization of revenue for the healthcare
service providers allowing them to focus their
attention to their patients health concerns.
The USA healthcare sector is driven by health
insurance, where the healthcare service
providers, patients, insurers, regulators and the
medical coding and billing outsourcing companies
play interdependent roles for the smooth running
of the entire system. In this interplay, the
timely and full realization of the medical bills
is vital for the healthcare service providers
without which they may not be in a position to
efficiently extend their medical services for
want of cash and motivation. As results show, the
tasks of preparation of complete and error free
medical insurance billing are best handled by the
external experts of the revenue cycle management
companies retained for the specific purpose.
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The outsourcing companies offer a range of
end-to-end, comprehensive and scalable revenue
cycle management services which includes
eligibility verification/pre-insurance
verification, medical coding, charge entry, claim
transmission, payment posting, account receivable
follow up/insurance follow up, denial management,
patient follow up/patient statement generation,
customized reporting, credit balance processing,
enrollment and credentialing, etc. that
facilitates creation fo payable medical insurance
billing.
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Benefits
  • One Stop Solution
  • Increased Cash Flow
  • HIPAA Compliant
  • Quick Turnaround Time
  • Flexible Pricing Structure
  • Customized Client Services
  • Eliminate staff acquisition and training costs
  • Certified Billing Coding Resources on Demand

Demographics Registration
Our demographics registration process captures
accurate patient, guarantor and insurance
information. Our process includes the following
checks . New patient or existing patient. If
new patient, capture all required information.
Existing patient Update latest insurance,
patient and guarantor informationOur accurate
data processing ensures clean claims and does
reduce denials drastically.
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Address 18420 Parkville Ave Cerritos, CA USA,
90703 800-253-7320 info_at_bristolhs.com
www.offshorebillingcompany.net
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