Why is the billing process important? Explain
by Debra Massenburg
Needing help with this question: Why is the billing process important?
The medical billing process is important because it's the means by which providers (and their employees) are paid for their services.
The process itself - submitting claims, posting payments, billing patients, following up on unpaid accounts - if not done correctly has many opportunities for a provider to miss reimbursement for their services.
Many practices underestimate the effort and time required to bill properly. Simple follow-up on unpaid claims can require hours on the phone to resolve.
Promptly and accurately understanding and entering insurance and patient payment, copays, deductibles, etc is essential.
Hope this helps and answers your question.
Click here to post comments
Join in and write your own page! It's easy to do. How? Simply click here to return to Your Questions.
Mar 31, 18 09:47 AM
Besides networking .. visiting their offices, how else can you attract their business? When you close the collections month, how do you bill the physicians?
Mar 31, 18 09:36 AM
I have a potential client that is requested claim scrubbing resolutions (only corrections on claims submission errors) and insurance verification on the
Mar 31, 18 09:28 AM
The provider that I bill for just advised that he has a new tax ID. What is the process for this change? Would every insurance company need to be contacted?
Disclaimer and Privacy
Copyright 2022 All-Things-Medical-Billing.com