Medical Billing Services | Outsourced Medical Billing by elitemedbiz.com

1. How to Improve Medical Billing with Certified Medical Billing Services? The primary role of medical care service provider is to focus on providing quality care to its patients. If the medical staff of a health care unit or a healthcare practitioner’s keep sweating over medical claims, insurance and patient statements, it will be difficult for them to strike a balance between quality patient care and management of the billing and statements. It is the reason why most of the individual healthcare practioners as well as healthcare units nowadays outsource Certified Medical Coding Service and medical billing services to third parties or companies having professional staff to take care of their coding and billing needs. Many of them work with medical service providers across the globe and are exclusively providing coding and billing services to healthcare units. In the other words, they provide end-to-end Medical Billing Outsourcing services and they act as a mediator between insurance companies and healthcare providers. These companies usually have an in-house team of financial experts to handle your medical billing to assure full transparency into your medical unit’s or medical practice’s financial performance. When a healthcare unit

2. Outsource Medical Billing Services, they also guide you in taking right steps to fast-track your medical billing processes and collections. There are specialty teams to deal with client’s grievances and queries all the time. They actually work as an extension of your non-medical staff, while assuring medical billing and medical coding goes well. Most of the renowned companies provide HIPAA compliant Certified Medical Coding Service to avoid all too common billing errors. Also, they integrate cloud based technology into your billing process, so you can reap benefits out of it Medical billing companies take all the hassle out of billing and coding process. They take care of all aspects of a billing process including billing operations, from claim creation, quick submission follow up, patient statement processing and patient payment, denial management, appeals, payment posting and everything in between.

3. Whether you are a multi-specialty group or a solo practitioner, Outsource Medical Billing Services is an effective way to improve the quality pf patient care, reduce the non-administrative job and increase your revenues by utilizing the skills of proficient medical billing staff. They help your healthcare business to accelerate revenue generation, minimise operational expenses and enhance the overall efficiency delivered by the system. Significance & Benefits of Patient Portals for Healthcare Units Payment collection strategies of healthcare units are now changing. More and more health care units are making use of payment portals for collecting payments as well as for other requirements. With the increase in highly deductible Patient Health Plans, it has become necessary for healthcare units to develop their systems for billing and collecting at the individual levels. Patient portals like Patient Payment Portal is becoming increasingly popular among healthcare units and are utilised by them to improve the quality of the services offered to the patients and save cost, time and efforts engaged in

4. accomplishing each task manually. These portals encourage better communication between patient and healthcare practitioners. A Patient Payment Portal comes with varied features, so an organisation or individual can choose as per their specific requirements. From scheduling appointment and billing to chronic care and Patient Payment Plans, these software have a number of different and important applications. For instance, medical units can make use of cloud based portals. Patient portals can be used for accomplishing varied tasks that otherwise need to make phone calls such as scheduling appointments, referrals, and prescription refills etc. All these things can be automatically processed with the help of the web portals. In this way, patient portals improve communication, elimination of paperwork, unrestricted electronic access, better relationships, improved outcomes, and an optimized workflow. Patient portals are also preferred by patients as it save their time, money and efforts. And hence, patient portals help in retention and improve overall revenue. It has been found in studies that patient using portals are 13 percent more likely to stay with a provider. Hence, apart from improving the quality of services and better clinical results, patient portals serve as an important tool in increasing revenues. It is usually daunting and expensive task to track down patients for unpaid bills. However, people feel comfortable in making payments through Patient Payment Portal. It means the health care service providers more likely to get paid and in a faster manner. Patient portals make it easy to

5. access and share information electronically. These portals are great tools to enhance communication and improve revenues of any healthcare unit. Contact Us Elite Medical Business Solutions, Inc PO Box 7877 Romeoville, IL 60446 Telephone Number: (800) 646-4176 Fax Number: (866) 881-2971 E-mail: Info@EliteMedBiz.com