Medical Billing Services Review

Financial strength of a health care provider is directly associated with the timely billing and reimbursement. Medical billing is the process by which health care professionals collect fees from the insurance company for the service provided to the patients. Health care professionals are so busy taking care of their patients; they have no time to worry about their billing. Finding a medical service provider is one of the most important tasks for a health care provider. Billing service providers help them by timely submission of the claims to the insurance company by taking a fee. They relieve the doctors from following up with insurance company, thereby helping them to concentrate more on practicing medicine. Hospitals do not need billing employees anymore. This has reduced the non-clinical staff requirements in the hospital.

For a long time, billing was entirely done on papers. But, paper documentation is a tedious and time consuming process. However, with the advent of software technology, billing has become much easier as medical service providers do electronic claiming. This helps them in fast and accurate claiming. Medical service provider's duty includes verifying the insurance coverage, determining the eligibility, submitting the claim, following up the claims and contacting the patients and the insurance company to ensure the highest possible reimbursement. Health care providers who used quality medical billing service providers have seen improved performance in multiple dimensions, such as increased and fast collections, decreased denial of insurance and increased staff productivity.

Medical billers not only process the claims but also analyze the patient records to prepare customized report. They also advise the doctor on revised fee structure, new coding and ways to improve the medical practice as a business. Since medical biller's duties involve complex areas such as bill collection, release of patient information and patient confidentiality, extreme care should be practiced while handling this area of billing service. A good sense of responsibility and consciousness of patient confidentiality is very essential for a medical biller.

A medical biller is expected to know good keyboarding, medical office procedures, medical insurance, medical terminologies, health care law and ethics and basic coding.

So, in a nutshell, medical billing service comes into picture each time a patient visits a health care provider. After each patient visits, medical biller reviews the bill attached to the patient's record to establish which service was provided. Next, they check the insurance coverage and produce a customized invoice to the insurance company for the reimbursement. Medical billing service comes in handy to run a successful medical practice in a convenient way.