Physician billing services are at present much sought after by medical practices, largely on account of the convenience it provides in streamlining all the billing processes. A reliable billing and coding firm would focus on securing maximum reimbursement for its clients by submitting medical claims on time, and aggressively following up on them. Another significant advantage you get to enjoy with physician medical billing services is complete HIPAA compliance that ensures maximum confidentiality for your sensitive patient data.

Maximum Reimbursement and Minimum Claim Denials with Physicians’ Billing Service

When you entrust your billing and coding tasks to a recognized service provider, you gain access to the services of certified professional billers and coders who will manage the coding of your claims. They are knowledgeable in the diagnostic and procedure codes pertaining to each medical specialty and therefore assign the accurate codes ensuring compliance. They are well-versed in details such as covered services, individual payer requirements, government regulations and other relevant details. This means that there is minimum chance of coding errors. Whether it is emergency medicine physicians’ billing service or billing for some other medical specialty you are looking for, you will definitely benefit from such solutions.

Irrespective of the claim amount, your medical billing firm would consistently follow up on your claims to get you maximum reimbursement. Since coding errors are practically nil, you will have minimum claim denials. You benefit from flawless account management right from coding, to patient billing and collection.

Physician Medical Billing Services that Are HIPAA Compliant

It is important to ensure that your billing process is fully HIPAA compliant, which means that you need to be thoroughly knowledgeable regarding HIPAA rules and regulations. Here too the medical billing company can be of great assistance. Such companies use excellent practice management system software to ensure the highest quality billing services to their clients. Their staff is trained in HIPAA regulations and rules of compliance. Your patient data will remain safe and easily accessible whenever you need it.

Customized Physician Billing Services to Ensure Smooth Workflow

Here are some of the services you can request for:

  • Patient enrollment
  • Insurance enrollment
  • Insurance verification
  • Insurance authorization
  • Scheduling and rescheduling
  • Coding
  • Billing and reconciling of accounts
  • Collections
  • AR collections

Advantages of Outsourcing Your Medical Billing

Apart from maximum reimbursement and HIPAA compliance, outsourcing your medical billing brings the following benefits as well.

  • The service providers will follow rules and regulations set by your office so that they work as a virtual extension of your office
  • Dedicated employees will manage and work only on your account
  • QA in each department to audit activities in these areas
  • You receive daily (as appropriate), weekly and monthly status reports
  • The medical billing company will work with your billing software or their online software
  • Support on your work is available at all times via phone, e-mail messenger or in person as appropriate
  • Customized turnaround time
Author's Bio: 

Physician Billing Service - Managed Outsource Solutions (MOS), a professional medical billing and collections service provider, provides cost-effective and high quality legal transcription services on a global level, maintaining internationally accepted quality standards.