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PRESENTED BY ANGOMARK, MEDICALBILLINGSTAR HOW E-BILLING CAN IMPACT PHYSICIANS PRACTICE

How e billing can impact physicians practice

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Are you still felling trees ? Switch to ebilling.For more info visit us http://www.medicalbillingstar.com/blog/want-to-save-23000-switching-to-e-billing-will-improve-your-practices-financial-health/

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Page 1: How e billing can impact physicians practice

PRESENTED BY ANGOMARK, MEDICALBILLINGSTAR

HOW E-BILLING CAN IMPACT PHYSICIANS PRACTICE

Page 2: How e billing can impact physicians practice

EARLY STAGE OF E-BILLING

• Decreased managerial cost compared to paper processing.

• Timely credit of bill status reduces need of rebilling/phone calls.

• Some physicians and other healthcare providers reporting payment cycle significantly reduced.

Page 3: How e billing can impact physicians practice

E-BILLING WORKFLOW

Page 4: How e billing can impact physicians practice

EVALUATE YOUR PRACTICE SITUATION

• What is the billing volume and percentage of revenue that workers compensation signifies your practice.

• Who are your high volume payers ?

• Identify key payers to target based on revenue cycle volume.

• What is your technology eagerness ?

• How will your practice adjust its workflow procedure to utilize the workers compensation claims processing.

• Are there state compliance/mandate implications.

Page 5: How e billing can impact physicians practice

FIVE EASY STEPS TO GET STARTED

• Assess your current workflow and find high

volume payers.

• Communicate your key payers-e Billing

Programs.

• Contact your insurance vendors-

e-Billing solutions

• Decide : Once you have the data , select the

solution that best fits your practice needs.

• Start Implementing .

Page 6: How e billing can impact physicians practice

THANK YOU

•For A Smart e-Billing Partner visit us

www.MedicalBillingStar.com

Source :American Medical Association