How to Move your Practice from Self-Pay to Insurance Billing?

1
How to Move your Practice from Self-Pay to
Insurance Billing?
info_at_247medicalbillingservices.com
http//www.247medicalbillingservices.com/
888-502-0537
2
How to Move your Practice from Self-Pay to
Insurance Billing?

• The cost of medical treatment is on the rise due
  to superior quality treatment given by healthcare
  providers. To pay the cost with the self-payment
  option is long gone because it is mostly
  witnessed that patients are not able to pay the
  fees in cash at the end of treatment, which in
  turn affects the revenue of the healthcare
  organization. The longer you wait for the fees to
  get into your account, the less chances are there
  to get. To remove the obstruction of payment
  uncertainty, insurance billing is a perfect
  option.
• We at 24/7 Medical Billing Services offer
  Insurance billing or Medical billing services.
  You work in collaboration with Insurance
  companies, who in return gives you payment on
  behalf of the patient for the healthcare
  treatment provided by you.
• Read More

info_at_247medicalbillingservices.com
http//www.247medicalbillingservices.com/
888-502-0537
3
How to Move your Practice from Self-Pay to
Insurance Billing?

• Only a few steps are there to transform from
  self-pay to insurance billing and we make the
  transition smooth and efficient for you to carry
  on.
• Patient check-in It is the initial point where
  the patient comes for the normal routine
  check-up. At this point only, detailed
  information of the patient is recorded from the
  demographic to insurance. Insurance policy number
  is imperative for the claim submission.
• Insurance Eligibility and Verification To be
  updated with the patients insurance information
  is significant. It gets changed from time to
  time. Insurance eligibility plays a vital role at
  the time of claim submission. Always ask the
  patient for his/her latest insurance policy to
  eliminate doubt or misconception.

info_at_247medicalbillingservices.com
http//www.247medicalbillingservices.com/
888-502-0537
4
How to Move your Practice from Self-Pay to
Insurance Billing?

• Medical Coding To get the insurance company a
  perfect picture of the patients health. You need
  to report in the correct and accurate medical
  coding. Diagnosis code for illness and procedure
  codes for treatment needs to be accurate and done
  by experts, to avoid any misunderstanding by the
  insurance company. Dont leave any small
  information out of paper and communicate it in
  CPT and HCPCS code modifiers.
• Charge Entry This step includes recording or
  entering each and every charge in the patients
  sheet. Appropriately monitor the patients record
  and the charges imposed on him. As it must not
  have any error at the time of reimbursement.

info_at_247medicalbillingservices.com
http//www.247medicalbillingservices.com/
888-502-0537
5
How to Move your Practice from Self-Pay to
Insurance Billing?

Claim Submission  Once all the above-mentioned
processes are done, you need to submit the claim
with the insurance company for reimbursement.
Since each and every insurance company has a
different set of guidelines, medical billers must
be aware of this information. Before the final
claim submission, thoroughly check it with the
specific insurance companys rules and
regulations. You dont want the claim to be
returned because of minor errors. Payment
Posting  Last but not the least is the bill get
paid and the patients account shows zero
balance.
info_at_247medicalbillingservices.com
http//www.247medicalbillingservices.com/
888-502-0537
6
How to Move your Practice from Self-Pay to
Insurance Billing?

• Need any more information? Contact 24/7 Medical
  Billing Services for further details.
• We are just a call away!
• Looking for a Quote? Let's Connect
  http//www.247medicalbillingservices.com/move-your
  -practice-from-self-pay-to-insurance-billing/

info_at_247medicalbillingservices.com
http//www.247medicalbillingservices.com/
888-502-0537
7
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.
• Our company was founded in 2005 and is now a
  leading organization of highly motivated and
  certified coders billers in the US medical
  billing industry. Our current employee strength
  is 500 and we have ambitious plans to grow more
  rapidly.
• As a leading Medical Billing Outsourcing Company
  we take care of the complete setup enrolment in
  about one to four weeks time depending on the
  complexity of the project. We have certified
  trainers with 10 years of experience to train
  the newcomers so they can get acquainted with the
  specialty jargons stay updated with the recent
  coding developments.

info_at_247medicalbillingservices.com
http//www.247medicalbillingservices.com/
888-502-0537
8
Contact us

• 24/7 Medical Billing Services
• 16192 Coastal Hwy,
• Lewes, DE 19958
• USA
• Phone no
• 1 888-502-0537
• Email Address
• info_at_247medicalbillingservices.com

info_at_247medicalbillingservices.com
http//www.247medicalbillingservices.com/
888-502-0537