Know Your Worth: Maximize Your Reimbursement
You work hard and deserve to be paid what you’re worth.
Are you missing out on money insurance companies owe you? Collecting insurance payments for services rendered to patients can be a challenge for any healthcare provider. It is important to have a good system in place to ensure that you are getting paid for the services that you provide.
There are many factors that affect the amount you can collect from insurance companies. Most of which are dependent on the type of insurance that your patients have, the type of service that you provide, and the way that your practice is structured. Even though every practice and patient base is unique, nearly all clinics benefit from following certain billing best practices. Make sure you’re implementing them (or you have a killer team that is) so you’re not missing out on any money!
Some of the ESSENTIAL insurance billing practices include:
- Timely Submission of Insurance Claims
- Knowing which codes to use
- Understanding the reimbursement process
- Keeping up with billing changes
- Follow-up on denied claims
Following all those best practices CONSISTENTLY takes a lot of work, but if your clinic has been able to keep up with them you should be collecting at least 70%-80% of what insurance companies owe you! Want to get the other 20%-30%?
Add the following BETTER billing practices:
- Re-evaluate your coding to maximize reimbursement
- Know the coding guidelines of your insurance companies
- Frequent Accounts Receivable Reporting
- Keep up-to-date on coding and best billing practices
- Maintain good and frequent reporting to signify discrepancies
If that sounds like more than you can handle on your own don’t worry! We’re here to help!
We make sure your billing is done better, and best of all, we handle all the stress.
If you are looking for a better billing solution and want to maximize how much you collect from insurance companies, we would love to do a free discovery call to discuss how we can help at www.bushidobilling.com.
READY FOR A BETTER BILLING SOLUTION? WE GOT YOU!
SCHEDULE YOUR FREE DISCOVERY SESSION TODAY.
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