Adequate experience in pharmacy billing: Your secret to success! - PowerPoint PPT Presentation

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Adequate experience in pharmacy billing: Your secret to success!

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On the outset the pharmacy market is a highly competitive one and getting more so each passing day. So, coming to the moot question? What can your pharmacy business do to maintain the competitive edge in such a cut-throat competition? – PowerPoint PPT presentation

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Title: Adequate experience in pharmacy billing: Your secret to success!


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  • Adequate experience in pharmacy billing Your
    secret to success!

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Adequate experience in pharmacy billing Your
secret to success!
  • On the outset the pharmacy market is a highly
    competitive one and getting more so each passing
    day. So, coming to the moot question? What can
    your pharmacy business do to maintain the
    competitive edge in such a cut-throat
    competition?
  • Healthcare providers today spend large amount of
    time and money to achieve transparency and
    optimization in their medical claims. Plus,
    specialty pharmacies need to make better practice
    management which allow consistent recovery of
    aging accounts and stabilize the cash flow.
  • Having an experienced pharmacy medical billing
    team by your side has changed the expedient
    solution for a lot of providers in healthcare
    industry. They ensure great practice management
    with the right benefits checks and insurance
    verification process. Experts in specialty
    pharmacy billing services will provide an
    effective understanding of credentialing
    priorities.
  • Services covered by experienced Medisys pharmacy
    medical billing and coding team
  • On-boarding the patient and data capture
  • This is the first and the most vital step in the
    pharmacy billing process. You need to capture
    patient data and details like medical history,
    medical reports, previous prescriptions, doctors
    visited, etc.

Medical Billing Services in Oregon
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Adequate experience in pharmacy billing Your
secret to success!
  • Pre-authorization services
  • As a pharmacists you need to aware of
    pre-authorization. Experienced medical billing
    team can handle a variety of medicine
    classification and pharmacy codes with accuracy.
    They have designed a system to ensure that
    authorizations are acquired well in advance of
    the billing. This significantly lowers claim
    denials specifically when patients are subscribed
    to complex health plans.
  • Account Receivable and Follow-up
  • Always keep in mind that if you have not billed
    claims then it will directly impact your revenue
    cycle. However, to overcome this you need to
    ensure that each and every pharmacy service
    provided to patients is systematically billed
    without lapse. Aligning your priorities with
    experienced billers ensure error free and timely
    claims submission. They also follow-up with
    patients and providers to ensure that payments
    are discharged on time.
  • Charge entry and Posting
  • Charge entry and payment posting is one of the
    most critical part in any kind of specialty
    medical billing. Professional billing services in
    the United States who have work experience have
    automated what is unarguably the most
    labor-intensive activity in pharmacy billing
    services. Right from cutting the time spent on
    data entry to optimizing the manual payment
    postings, their solution will ensure that
    reimbursements are appropriately accounted for.

Medical Billing Services in Oregon
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Adequate experience in pharmacy billing Your
secret to success!
  • Why experienced pharmacy billers?
  • Experienced medical billers follow different
    processes for an A-rated generic medicine,
    brand-name, as well as non-preferred drug. Each
    of these regions requires a clear cut billing
    approach, to ensure customizing the billing
    solutions which will minimize rejections and let
    you generate statistical and analytical reports
    for your pharmacy business.

Medical Billing Services in Oregon
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