Why is the billing process important? Explain

by Debra Massenburg
(Fayetteville,NC, U.S)

Needing help with this question: Why is the billing process important?


Answer:

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.

Recent Articles

  1. Getting clients

    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?

    Read More

  2. Pricing for Claims Editing, Resolution, and Insurance Verification

    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

    Read More

  3. What to Do When a Provider Has a New Tax ID

    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?

    Read More

Disclaimer and Privacy

All-Things-Medical-Billing.com provides this website as a service. Please read our full Disclaimer and Privacy Policy here.


Copyright 2018 All-Things-Medical-Billing.com