It is estimated that over 40% of medical claims in the U.S. have varied discrepancies. This is understandable since there are more than 300 services listed under Emergency Room (ER) services alone. Not all of them are entitled to insurance reimbursement.
The problem with ER services is not only about managing the insurance claims. The person or team handling the invoices is also expected to stay updated with the latest medical billing regulations and updates. They also have to keep updating their skills and have access to the latest emergency billing software for keeping everything up to date.
Emergency Medical Billing Services
Emergency medical services are often needed without a prior appointment, so there is very little time for your practice to react and respond. This is where Florida emergency physicians billing services can help reduce your practice’s efforts greatly. With them, you won’t need to simultaneously manage the optimal level of care and emergency billing services.
The Emergency Medical Treatment and Labor Act (EMTALA) makes it mandatory for every medical practice’s emergency division to treat and stabilize anyone coming in, regardless of whether they have insurance or not. This can put severe pressure on your emergency room services. However, if you have hired a professional emergency physicians billing service, that is not your concern anymore.
Professional medical billing services are the ideal choice for almost every medical practitioner, since:
- They help your practice collect every last dollar in revenue owed to you
- They ensure that the collection process is prompt and robust
- They keep themselves up-to-date with all medical billing updates, provider changes, payor issues, and more
- They deliver in-depth reporting to keep you posted with the real-time performance of your medical practice
- They help bring more accuracy into your practice and reduce the number of claim denials and delays to a fraction or less
- They streamline your emergency medical billing services so that you can focus more on delivering the best level of care
Emergency Medical Billing in Times of COVID-19
Certain trends suggest that several medical practice’s emergency departments are not adhering to critical medical billing measures that can boost their cash flow significantly. Fears related to COVID-19 have played a major role in making this happen.
Professional emergency physicians billing services can help those affected medical practices to overcome those fears and get their revenue flow back on track. All you have to do is schedule a meeting with them and have them explain how they can make it happen.
Despite the pandemic situation, hospitals are required to respond to ER situations without screening insurance documentation. It is even harder to explain to the patients and their attendants about their financial obligations before the treatment can be provided. Moreover, the implementation of self-pay and further new medical billing changes have made billing ER medical services more tricky than ever.
In such an uncertain scenario, it is unlikely that you can find someone who can:
- Stay updated with the latest medical billing code changes
- Effectively manage all medical billing tasks
- Keep you posted about the status of bill processing
- Check with insurance now and then
- Ensure a high accuracy for fewer claim denials and delays
- Work without ever asking for paid time offs
- Deliver the best of everything while staying within your budget
Companies that offer Florida emergency physicians billing services handle numerous accounts at the same time. This means they have multiple top billing professionals working for them who collectively ensure that everything is streamlined. They also use the latest medical billing software and keep you posted about the claim status so that you are always in the know of everything.
Call your physicians medical billing company to get a free quote and get started today.
