Bill Corp

Description

Increasing Account Receivables is one of the major problems faced by providers throughout the U.S. Claims are being constantly rejected by the insurance companies. Medical Billing needs to be done by thorough professionals who have good experience and knowledge about the billing scenario. Billing can not be termed as a Data Entry Process. Rejections are largely due to the following reasons Incorrect Patient Statistics : Incorrect Insurance id's, group numbers, social security numbers, effective dates, dates last seen, incorrect date of services etc Incorrect Procedure - Diagnosis Combinations : claims posted with non supporting or incorrect diagnosis codes or procedure codes etc. Codes : Incorrect Place of service, Type of service codes, Rendering provider or Referring provider numbers, missing group practice information etc : Policy had expired at the date of service or Insurance does not cover the particular procedure/diagnoses. Sometimes claims go to the wrong insurance company. Further Documents Necessary : Certain Medical Records or Progress notes need to be sent along again with the claim to the insurance company. These claims need to be sent separately on paper Incorrect Modifiers : Certain claims are rejected due to missing or wrong HCPCS modifiers. Misinterpretation of Insurance Information : Sometimes the person seen by the doctor is not the person insured but the insured person is a close relative/spouse/guardian of the patient. These cases are to be billed on the insured persons name with complete information. If not done accordingly these cases get rejected. Billcorp offers Account Receivables Follow up solutions for providers who are unable to bring down their A/R. We require access to your Billing System, where we learn and understand it correctly and then get after the A/R. A/R is done through the following two ways: EOB's : Proper scrutiny of the past Eob's. We eliminate any errors that may have originally led to rejection. We may have to contact the patients/insurance companies/adjustors/guarantors to obtain complete information and then thrash out the claim Superbills : Receivables are also from superbills that were never billed so we need to go through your records in order to find out each and every minute detail. We even run reports and find out about the collections and the shortcomings. We work 24/7 which gives us appropriate speed as you already know that pace is absolutely important in eliminating accounts receivables. Longer it lingers on, lower are the chances of recovering the A/R. You are also aware of Insurance company deadline - both for filing and for refilling. Workers comp and Auto injury (PI) are particularly urgent. Our strategy is to prioritize the claims/jobs that have a nearer deadlines and work on them instantly.

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