27 February

The Ins And Outs Of Electronic Medical Billing

There was once a time where doctors and practices would handle billing the old-fashioned way by sending out bills via snail mail. Times have changed however and technology has rapidly evolved the way hospitals and practices handle all of their billing. Electronic medical billing allows practices, hospitals, and doctors to hire an individual that can utilize the Internet for billing. Electronic medical billing is not only far more efficient than traditional billing but also allows medical professionals and their practices to receive payments much faster than ever before.

At the conclusion of a physical examination a doctor or a member of their staff will receive a five digit current procedural terminology code that describes the level of service rendered during a patient's visit. The firm responsible for handling electronic medical billing will utilize numerical codes to describe a diagnosis as well. These codes are submitted electronically to determine which portions of a claim will and will not be paid. This is far better and less of a hassle than waiting for a letter to the return in the mail.

Electronic medical billing has become extremely efficient and has seen a rise in popularity thanks to the rulemaking for stage I of the meaningful use of electronic health records technology which was proposed released at the end of 2009. What this essentially did is require hospitals and other providers to submit a certain percentage of all their claims electronically by the end of 2011. In doing so they would receive reimbursement under the HITECH Act.

For More Information About Our Medical Billing Services Contact Us Today.

2390 E. Orangewood Ave., Suite 420
Anaheim, CA 92806
Email: jason@medcorinc.com
www.medcorinc.com
Toll Free: 888-661-7746
Phone: 714-221-8512

Audiology Billing, FQHC Billing, Medical Billing

Written by Jonathan S. Gerber RN MBA

Is the Founder & CEO of The MEDCOR Group. He has over 35 years of experience in the healthcare arena ranging from hands-on clinical to executive level operations. Mr. Gerber has provided administrative support and advice to hospitals, MSO’s, medical groups, IPA’s, health plans and individual physician practices for more than 20 years. As the CEO of several healthcare related companies he improved operational efficiency and productivity, setting best practice benchmarks while meeting client needs. Mr. Gerber received his BSN from Arizona State University and MBA from USC.

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