As medical services become more complicated, the billing process for health care professionals has also been impacted, notes Doctor Tracy Ginsburg. Anyone who has received a detailed medical bill for a treatment such as dental implants or an emergency room visit knows how complicated the bill is to decipher. The process behind creating the bill is equally complex.
Electronic billing has become the preferred method for professionals that want to save time, money, and, most importantly, keep track of their patients’ care. The medical bill has become more than an invoice for payment. The billing process provides the most up-to-date medical history of a patient. Creating an accurate and detailed bill for medical services is more important than ever.
Demands from the government, insurance companies, and patients for accurate and timely billing are reflected in the number of professionals opting to outsource the process. Billing has become a vital part of a patient’s overall health. The healthcare billing system has become so complex that a growing number of medical professionals are choosing to use the services and technology offered by billing experts. Many of these professionals are certified by the American Medical Billing Association.
Doctor Tracy Ginsburg Envisions More Time for Patient Care
Being connected to an electronic billing system frees up medical and dental care professionals to focus on patient care. Instead of spending hours keeping abreast of the changing medical laws, rules, and regulations related to insurance, professionals can concentrate on what they do best.
Electronic billing creates an instant integration between the hospital structure and insurance company system. Further an up to date electronic billing system is vital in navigating the requirements of the Health Insurance Portability and Accountability Act.
With an electronic billing system, there is no need to install software, and no costs associated with maintaining a complex software system. Connecting to the system is easy, and once it is installed, there are no recurring demands to upgrade.
Paperless and Portable
An electronic medical billing system is easier to read. The paperless system reduces the inevitability of bulky data that is typical in a hard copy format. Professionals and patients alike have instant access to billing transactions, often in the palm of their hand. This real time information can be used to make difficult and time-sensitive medial decisions.
Using an electronic billing system offers health-care professionals the capability to quickly check insurance eligibility, states Doctor Tracy Ginsburg. When minutes matter, validating the insurance of a patient is critical to a positive outcome and insures payment for the medical professional. According to a report released by the American Medical Association, 5% of all medical claim lines were rejected.
Using an electronic billing system is more accurate. This is critical in patient care. Where the health of a patient is concerned, accuracy of information gives the best possible outcome. Additionally, by reducing the number of errors made when submitting claims, the billing process becomes faster and more reliable.
With the implementation of the new Patient Care and Affordable Health Care Acts, the billing demands on healthcare professionals will escalate. Now more than ever being able to accurately navigate the complex and time consuming billing process is an essential component in providing quality healthcare. Patients and professionals alike want to receive their payments as quickly as possible.
Electronic medical claim billing streamlines the mundane, time-consuming, and error-prone tasks associated with manual record-keeping. It simplifies the complex process of medical claim reporting, freeing practitioners to focus their specialized skills and knowledge on high quality patient care.
The requirements from both government and insurance providers can be a burden. Doctor Tracy Ginsburg firmly believes that with electronic billing the focus can remain where it is most needed: on the patient.