Some Tips for Successful Chiropractic Medical Billing Services

1. All you need to know about chiropractic medical billing The success of a chiropractic medical billing practice is based mainly upon timely reimbursements. Intricate and Complex, these two words can well describe the level of complexity this specialty holds. Expert billing requires knowledge and great coding expertise which is hard to find in today’s environment. Understanding of chiropractic medical procedures is also important to develop a better understanding of this specialty. Moreover, the ever-changing billing rules and regulations pose a threat to medical billers and coders. Chiropractic Medical Billing Providers It is important that chiropractic billing is performed by the experts to ensure guaranteed reimbursements. Providers of chiropractic medical billing services have the required expertise in dealing with billing issues effectively. They have a team of experts, well qualified to handle billing tasks by utilizing their coding and negotiation skills. The range of benefits they offer is another reason to entrust billing services to them. They take care of every step in the exhaustive medical billing process. The Coding System The coding system known as “International Statistical Classification of Diseases and Related Health Problems” or simply “International Classification of Diseases (ICD)” is utilized for chiropractic medical billing.

2. Another terminology, known as “Current Procedural Terminology” or “CPT codes” is also used by chiropractic medical billing experts. “ICD” is a health care classification system to provide a system of diagnosis codes to be used while billing for chiropractic practices. It classifies numerous health conditions and contains a detailed classification of a variety of signs, symptoms, and external causes of injury or abnormalities in the human body. Understanding this system and the billing guidelines is important to set up an efficient chiropractic medical billing process. Chiropractic Medical Billing The first step in billing is collecting information related to treatment history and the insurance company which the patient is enrolled with. A billing team needs to prepare a claim form mentioning patient and the treatment details along with the diagnosis-specific codes and service charges. The claims are submitted to insurance companies via secure portals of clearing houses that verify the information and if any error or mismatch is found, the claim is rejected and routed back to the source. These errors need to be rectified and claims to be resubmitted via post, electronic portals (chiropractic billing software) or via fax after having confirmed the attention department with which the claim goes to.

3. Insurance companies normally require about 30 days to process the claim after which they release payments for services. These payments can be in the form of EFT transfer or cheque that is received at the provider’s end in the account provided at the time of credentialing. Sometimes, there are claims for which no payment has been released. An AR team makes sure to follow up on such claims to receive payments after proper rectification of any errors. Outsourcing Chiropractic Medical Billing Services In order to execute complex chiropractic medical billing, a team of well- trained professionals is required. Proper identification of services, assigning correct codes, getting claims processed hassle free and advocating them effectively is what most billers can lose track of. Chiropractic billing services include various procedures like TENS, Ultrasound, Ice and Heat Therapy, and Lifestyle Counselling. Taking care of numerous things at once becomes difficult with the increased workload of core and non-core aspects. Moreover, the range of benefits that this business strategy offers, attracts more and more chiropractors to outsource their chiropractic medical billing. Some of the benefits that outsourcing holds are: • Reduced Costs and Increased Savings • Increased Knowledge Base • 100% Compliance with adherence to HIPAA standards. • Improved Business Performance with Reduced Workload • Timely Reimbursements

4. Outsourcing with Bikham Healthcare Bikham Healthcare has been a leader in providing the most efficient chiropractic billing services at the most competitive prices. Employing a dual quality check process to ensure the elimination of even the smallest error and prevention of denials has been our specialty. With over 14+ years of unmatched expertise in chiropractic medical billing, we are well versed with the ins and outs of the chiropractic billing industry. Explore more about our profitable chiropractic medical billing services. Visit www.bikham.com.