Helping providers streamline their chiropractic billing services

1. Success of a chiropractic medical billing practice depends mainly upon timely reimbursements. • Intricate and Complex, these two words are enough to have understand how complicated this specialty is. • Efficient billing requires knowledge and great coding expertise which is hard to find nowadays. • Understanding of chiropractic medical procedures is important to understand this specialty better. • Ever-changing billing rules and regulations pose a threat for billers and coders.

2. It is important for chiropractic billing to be done only by experts for guaranteed reimbursements. • Provides of chiropractic medical billings services have the required expertise in dealing with all billing issues. • They are well qualified to handle everything utilizing their coding and negotiation skills. • The range of benefits that they offer, is another reason to entrust your billing services over them. • They take care of every step in the medical billing process proficiently.

3. The first step involves collecting information about the past treatment and the insurance company with which the patient is enrolled. • A billing team prepares a claim form mentioning the patient details and the treatment details along with the diagnosis specific codes and charges. • The claims are submitted to the insurance companies via secure portals of clearing houses which verifies the information and if it founds any error or mismatch with the database, rejects the claim back to its source. • These errors are then rectified and claims are resubmitted via post, electronic means (chiropractic billing software) or via fax.

4. Insurance companies normally take around 30 days to process the claims after which they make payments for the services rendered. • Payments are obtained via EFT transfer or check, which are received at the provider’s end or the account details provided by the provider at the time of credentialing process. • An AR team follows up on the claims which are denied from insurance company’s end and makes sure the payments are received by proper rectification of any errors.

5. In order to execute this complex chiropractic billing process, a team of well trained professionals is required. • Proper identification of services, coding them, getting the claims processed hassle free and advocating them effectively is important. • Chiropractic billing services include various specialties like TENS, Ultrasound, Ice and heat Therapy and Lifestyle Counselling. • Taking care of all these things at a same time becomes difficult to handle with the increased workload of core and non-core aspects of this facility. • Moreover, the range of benefits that this effective business strategy offers, attracts more and more chiropractic practice owners to go for it.

6. The cost factor is the most dominant one while making business related decisions, especially where some sort of investment is involved. • A majority of business owners perceive outsourcing as expensive when actually it costs much less than the in-house ones. • You do not have to invest on the recruitment process, hiring and training them and setting up any kind of expenditure to execute business operations. • Access to a skilled knowledge base is available at no extra cost. Otherwise, hiring an expert may cost you heaps. • You do not have to go through the hassle of managing their payroll as there is no in-house employee involved. Therefore, in one or other way, you save on money.

7. International Statistical Classification of Diseases and Related Health Problems, usually called as International Classification of Diseases (ICD) is used in chiropractic medical billing. • Another terminology for codes known as Current Procedural Terminology (CPT) codes is also used by a chiropractic billing expert. • ICD is designed as a health care classification system, providing a system of diagnosis codes. • It classifies numerous conditions and includes a classification of a wide variety of signs, symptoms, and external causes of injury or abnormality. • Understanding this coding system and the chiropractic billing guidelines is important in terms of setting up efficient chiropractic billing process.

8. Choosing the right outsourcing chiropractic billing company is as important as the operations you are about to outsource. • Any hastily made decision or wrong choice may result in you paying more than you actually earn. • Selecting the right chiropractic medical billing company requires patience and something where you need to be extra careful. • There are some companies in the market that overhype their reputation and make fake promises to deliver profitable practices when what actually they deliver is totally something else. • In order to make this decision making process easier you can consider reviewing their past performances, asking for testimonials from their clients and verifying their work history.

9. Reduced Costs and Increased Savings: When outsourcing, the costs of hiring, training, managing payroll and investing in the infrastructure get eliminated automatically. • Increased Knowledge Base: When you partner with a laboratory billing company you get access to an increased knowledge base and skilled professionals. • 100% HIPPA Compliance: An outsourced laboratory billing company leaves no stone unturned to secure and maintain the confidentiality of the sensitive patient health information. • Reduced Workload and Improved Business Performance: With reduced workload your in-house staff can work more freely leading to increased productivity and improved business performance. • Timely Reimbursements: With the careful charges and demographics entry, and error-free submission of health claims, the reimbursements process is streamlined and becomes quicker.

10. Bikham Healthcare is a leader in providing the most efficient chiropractic billing services at affordable costs. • The team is comprised of industry’s best medical billing experts that take care of every step in chiropractic medical billing process. • We employ dual quality check process to ensure that even the smallest error gets eliminated and denials are prevented. • With the 14+ years of unmatched expertise in medical billing we know the ins and outs of the chiropractic billing industry. • Visit our website www.bikham.com to know more about how our chiropractic billing services can help you.

11. General Queries: info@bikham.com Health Care: healthcare@bikham.com` US Office 99 Wall Street #158, New York NY 10005 Finance & Accounting :  +1 800-935-0865