Medical billing services vary and selecting the right one takes some research. Choosing a top notch candidate among the available medical billing companies in Fort Wayne can be done with a little groundwork. Points of consideration are listed below to make the process fast and easy. Take the time to interview carefully as it will affect your medical practice bottom line.
Your first priority will be the various business services offered. Are they limited or comprehensive and in either case do they meet your needs? Ask to see a description along with testimonials regarding results. Weigh all factors uniformly to find a great match. You may have a preference as to the size of an agency depending upon the quality of the customer service and communication. If it makes a difference to you, it should be on your check list. Each type of business has its assets and you may want a variety of back-office services for everyday tasks.
Next you want timeliness and reliability. You want people who know all types of billing and can follow up promptly. You want accuracy of claims submissions and good tracking skills. Good reporting goes without saying. Aggressive follow up means more revenues for your own business and less lag time in collecting. It means a solid relationship with vendors such as insurance companies or the government in the case of Medicare. It also entails tenacity and sticking to principles for optimal results.
Skill with insurance company reps is reason enough to hire a good team. You want timely billing of insurance claims so as not to miss vital due dates. You want an understanding of Medicare and other government programs. You want immediate collection action to avoid any statute of limitations. You want a service that will maximize revenues for the medical practice without alienating vendors. Don't forget accessibility and good communication in your hierarchy.
HIPAA is a set of laws established in 1996 by the federal government. They pertain to privacy and the protection of patient information. Ask about the agency's knowledge of these rules and how they comply.
There are many questions to ask your prospective billing service including speed of filing and meeting insurance claim due dates. Of course you will discuss fees in depth and determine the best options for your practice. Some companies prefer a flat rate while others opt for a percentage of earnings. The former is most likely the best choice and most cost effective.
A reputable company will have the requisite experience to meet your every need. They will provide on-going updating to ensure expertise. They will have top-of-the-line technical resources and equipment that supports Palm and PDA billing. More and more, health records and patient visit billing is done online. Accuracy is vital.
All in all, one has many options when looking for a medical billing agency and a good match is likely to be found if you do your homework. Using these suggestions, you can locate a cost-efficient service that is reliable and brings revenue results that impact your bottom line.
Your first priority will be the various business services offered. Are they limited or comprehensive and in either case do they meet your needs? Ask to see a description along with testimonials regarding results. Weigh all factors uniformly to find a great match. You may have a preference as to the size of an agency depending upon the quality of the customer service and communication. If it makes a difference to you, it should be on your check list. Each type of business has its assets and you may want a variety of back-office services for everyday tasks.
Next you want timeliness and reliability. You want people who know all types of billing and can follow up promptly. You want accuracy of claims submissions and good tracking skills. Good reporting goes without saying. Aggressive follow up means more revenues for your own business and less lag time in collecting. It means a solid relationship with vendors such as insurance companies or the government in the case of Medicare. It also entails tenacity and sticking to principles for optimal results.
Skill with insurance company reps is reason enough to hire a good team. You want timely billing of insurance claims so as not to miss vital due dates. You want an understanding of Medicare and other government programs. You want immediate collection action to avoid any statute of limitations. You want a service that will maximize revenues for the medical practice without alienating vendors. Don't forget accessibility and good communication in your hierarchy.
HIPAA is a set of laws established in 1996 by the federal government. They pertain to privacy and the protection of patient information. Ask about the agency's knowledge of these rules and how they comply.
There are many questions to ask your prospective billing service including speed of filing and meeting insurance claim due dates. Of course you will discuss fees in depth and determine the best options for your practice. Some companies prefer a flat rate while others opt for a percentage of earnings. The former is most likely the best choice and most cost effective.
A reputable company will have the requisite experience to meet your every need. They will provide on-going updating to ensure expertise. They will have top-of-the-line technical resources and equipment that supports Palm and PDA billing. More and more, health records and patient visit billing is done online. Accuracy is vital.
All in all, one has many options when looking for a medical billing agency and a good match is likely to be found if you do your homework. Using these suggestions, you can locate a cost-efficient service that is reliable and brings revenue results that impact your bottom line.
