Indicators that suggest problems with your billing include:
In some cases, approximately one fourth of all medical practice income is lost due to: lack of follow-up; missed charges; or a consistent approach to billing medical claims. Is your practice among those receiving seventy-five percent of available billing revenue?Here are nine ways to improve medical billing and maintaining financial health.1) Patient Verification
2) Collecting Copays, Coinsurance and Deductibles
3) Correct Claim Coding
4) Daily Claim Entry
5) Daily Claim Filing
6) Daily Claim Denial Management
7) Daily Payment Posting
8) Daily or Weekly Patient Billing
9) Review Accounts Receivables (AR) Daily
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