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How e billing can impact physicians practice
1. HOW E-BILLING CAN IMPACT
PHYSICIANS PRACTICE
PRESENTED BY
ANGOMARK, MEDICALBILLINGSTAR
2. EARLY STAGE OF E-BILLING
• Decreased managerial cost compared to
paper processing.
• Timely credit of bill status reduces need of
rebilling/phone calls.
• Some physicians and other healthcare
providers reporting payment cycle
significantly reduced.
4. EVALUATE YOUR PRACTICE SITUATION
• What is the billing volume and percentage
of revenue that workers compensation
signifies your practice.
• Who are your high volume payers ?
• Identify key payers to target based on
revenue cycle volume.
• What is your technology eagerness ?
• How will your practice adjust its workflow
procedure to utilize the workers
compensation claims processing.
• Are there state compliance/mandate
implications.
5. FIVE EASY STEPS TO GET STARTED
• Assess your current workflow and find high
volume payers.
• Communicate your key payers-e Billing
Programs.
• Contact your insurance vendors-e-Billing
solutions
• Decide : Once you have the data , select
the solution that best fits your practice needs.
• Start Implementing .
6. THANK YOU
• For A Smart e-Billing Partner visit us
www.MedicalBillingStar.com
Source :American Medical Association