| Home | Free Articles for Your Site | Submit an Article | Advertise | Link to Us | Search | Contact Us |
This site is an archive of old articles

    SEARCH ARTICLES
    Custom Search


vertical line

Article Surfing Archive



10 Guidelines To Select A Medical Billing Vendor And Maximize Your Medical Practice - Articles Surfing


Medical practices are over burdened with paper work and often long hours are wasted filling forms and getting paper work in order. Poor in house billing system leads to unsettled insurance claims and the medical practice could run into financial problems.

There are innumerable medical billing service vendors who offer services that will free the time of medical professionals and ensure that money flow becomes trouble free and efficient. However, a medical billing vendor needs to be selected with care.

1. The first step is to do a survey and find out which medical billing vendor has a good reputation. Look for quality and efficiency a 10 % or greater improvement in quality means greater inflow of funds.

2. Never choose a vendor based on quote alone. What you need is an efficient system that works.

3. Look into scope of services. Does the vendor give comprehensive services? Does the system take care of appointment scheduling, medical records maintenance, SOAP notes, billing and so on. A complete system is more efficient in the long run than a billing only system.

4. Discuss in detail the medical billing vendor's modus operandi. Find out whether the system in use is aggressive or defensive.

5. Understand the reporting system in detail and ask about aspects like data aggregation and analysis.

6. Avoid choosing a vendor based on quotes or presentation slickness. Check out their system that is already functional and make the effort of verifying references. Also contact the better business bureau to check whether any complaints are registered against the vendor.

7. Ask about technology is use and its compatibility with your computer systems. Think about expansion in future and whether the system can be upgraded. Find out if the technology is HIPAA compliant.

8. Choose a medical billing vendor who has a Code of Conduct in place and transparency in systems.

9. Look for aspects like data security protection, super bill online, online insurance claim editing and so on.

10. Ask for details like volumes handled, staff strength, responsiveness, the number of practices handled.

Be clear about whether your staff will need special training and how the medical billing system will be put into function. Be prepared for initial glitches and a period in which adjustments will need to be made. Ask for a trial period or to observe the process in another practice. The vendor may have a super efficient system but it is important that your staff is comfortable with the system too.

Medical billing systems bring several advantages to a practice and are being used world wide to smoothen out work processes. Technology has changed the way the world functions.

Be smart and choose a medical billing vendor with whom your medical practice will flourish and grow.


Submitted by:

Timothy Rudon

Timothy Rudon is a writer for http://www.1855medicalbilling.com , the premier website to find medical billing, medical billing online, medical billing software, electronic medical billing, medical billing services, medical billing and coding and many more.



        RELATED SITES






https://articlesurfing.org/health/10_guidelines_to_select_a_medical_billing_vendor_and_maximize_your_medical_practice.html

Copyright © 1995 - Photius Coutsoukis (All Rights Reserved).










ARTICLE CATEGORIES

Aging
Arts and Crafts
Auto and Trucks
Automotive
Business
Business and Finance
Cancer Survival
Career
Classifieds
Computers and Internet
Computers and Technology
Cooking
Culture
Education
Education #2
Entertainment
Etiquette
Family
Finances
Food and Drink
Food and Drink B
Gadgets and Gizmos
Gardening
Health
Hobbies
Home Improvement
Home Management
Humor
Internet
Jobs
Kids and Teens
Learning Languages
Leadership
Legal
Legal B
Marketing
Marketing B
Medical Business
Medicines and Remedies
Music and Movies
Online Business
Opinions
Parenting
Parenting B
Pets
Pets and Animals
Poetry
Politics
Politics and Government
Real Estate
Recreation
Recreation and Sports
Science
Self Help
Self Improvement
Short Stories
Site Promotion
Society
Sports
Travel and Leisure
Travel Part B
Web Development
Wellness, Fitness and Diet
World Affairs
Writing
Writing B