Doctors and nurses receive the most attention in the medical scene. In movies and TV shows, you will find them saving other people’s lives. People think that they are the most important professionals in healthcare. But there are other professionals who are also working hard to provide the patients the best experience. Individuals that handle the medical billing service in Los Angeles also play a crucial part in the industry.
Simplifying the Payment Process Through Medical Billing Service in Los Angeles
Medical coders translate a patient’s medical experience into certain codes. These codes, known as ICD-10, are used during the billing process. There are over 140,000 of them.
Then, medical billers use the codes to create an appropriate bill. They make the claim for the insurance company. The company evaluates it and returns the claim. The biller determines how much the patient owes. The medical biller makes the payment process simpler and easier to understand.
Many hospitals and clinics have medical billers and coders. Unfortunately, these people are also doing other jobs not related to billing and coding. The different tasks they do can affect the revenue cycle management. For that reason, many private medical practitioners choose to use a medical billing service. Many hospitals in LA are now outsourcing their medical billing and coding tasks to ensure they reap the rewards of positive daily cash flow.
Positive Cash Flow Every Day
It’s one of the benefits of outsourcing medical billing. Insurance claims are being processed every day. Payments are received in three weeks and remits are posted daily. Furthermore, this type of service can decrease deals while increasing coding accuracy.
Enjoy Uninterrupted Daily Service
With the right medical billing, there’s no need to worry about delayed payments or planning for staff vacations or holidays. Re-training staff about billing and coding is also not necessary.
Avoid Hours on the Phone with Insurers
Medical professionals can focus on their patients. They don’t have to talk to insurance companies to release the claims. It means that they handle more patients. And more patients mean more revenue.
Comply with HIPAA
All healthcare professionals know that non-compliance with HIPAA means trouble. But with a medical billing service, privacy and safety of patient’s data are guaranteed. However, it’s important to choose a billing service that complies with security and document disposal and description.
No More Delays in Reimbursements
One of the reasons private practices have negative cash flow is that the claims they sent to insurers are denied. They are typically caused by errors. But with the right billing service, this situation can be avoided. The service makes sure that the claims are free from errors.
Try the Service Today
Free your practice from unnecessary billing tedium. Use our medical billing service in Los Angeles to ensure you get paid. Call us to know more about how you can take advantage of our services: (888) 675-6895.