How Can Complete Practice Analysis Benefit Your Practice?
How Can Complete Practice Analysis Benefit Your Practice?
If you’re not outsourcing your medical billing, you’re already behind. You have a busy practice, your staff is pushed to the max with patients and phones and day to day activities.
One fantastic way that outsourced medical billing can benefit your practice, besides the convenience of handing your medical billing and/or coding for your practice is through a service called Practice Analysis.
It can include handling the medical billing for your office, and receiving the data through electronic or secured network. Processing and submitting your claims. In addition, the coding of your medical billing can be handled through your medical billing partner and can be checked and double checked for accuracy prior to submission which catches all but slightly less than 1% of erroneous claims. This alone will be a huge boon for your practice.
Also, your credentialing with different carriers can be handled through your medical billing partner and save you reams of paperwork and time chasing down your applications and getting a status on your credentialing approvals with various carriers. Your medical billing partner can take care of this procedure for you and not only submit your paperwork but follow up as well.
Last but not least, there are consulting services available to your practice that can be completely customized to fit your needs and habits. We can audit your medical records and based up on the results of examining documentation and charges, can provide methods of improving reporting and recording of codes to insure more claims paid and smoother processing of paperwork for your staff, thereby making your office even more efficient.
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