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HOW E-BILLING CAN IMPACT
  PHYSICIANS PRACTICE
       PRESENTED BY
ANGOMARK, MEDICALBILLINGSTAR
EARLY STAGE OF E-BILLING

      • Decreased managerial cost compared to
        paper processing.

      • Timely credit of bill status reduces need of
        rebilling/phone calls.

      • Some physicians and other healthcare
        providers      reporting payment cycle
        significantly reduced.
E-BILLING WORKFLOW
EVALUATE YOUR PRACTICE SITUATION

• What is the billing volume and percentage
  of revenue that workers compensation
  signifies your practice.
• Who are your high volume payers ?
• Identify key payers to target based on
  revenue cycle volume.
• What is your technology eagerness ?
• How will your practice adjust its workflow
  procedure       to    utilize the  workers
  compensation claims processing.
• Are there state compliance/mandate
  implications.
FIVE EASY STEPS TO GET STARTED

         • Assess your current workflow and find high
          volume payers.
         • Communicate       your   key   payers-e   Billing
          Programs.
         • Contact    your   insurance    vendors-e-Billing
          solutions
         • Decide : Once you have the data , select
          the solution that best fits your practice needs.
         • Start Implementing .
THANK YOU




• For A Smart e-Billing Partner visit us
     www.MedicalBillingStar.com

Source :American Medical Association

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How e billing can impact physicians practice

  • 1. HOW E-BILLING CAN IMPACT PHYSICIANS PRACTICE PRESENTED BY ANGOMARK, MEDICALBILLINGSTAR
  • 2. EARLY STAGE OF E-BILLING • Decreased managerial cost compared to paper processing. • Timely credit of bill status reduces need of rebilling/phone calls. • Some physicians and other healthcare providers reporting payment cycle significantly reduced.
  • 4. EVALUATE YOUR PRACTICE SITUATION • What is the billing volume and percentage of revenue that workers compensation signifies your practice. • Who are your high volume payers ? • Identify key payers to target based on revenue cycle volume. • What is your technology eagerness ? • How will your practice adjust its workflow procedure to utilize the workers compensation claims processing. • Are there state compliance/mandate implications.
  • 5. FIVE EASY STEPS TO GET STARTED • Assess your current workflow and find high volume payers. • Communicate your key payers-e Billing Programs. • Contact your insurance vendors-e-Billing solutions • Decide : Once you have the data , select the solution that best fits your practice needs. • Start Implementing .
  • 6. THANK YOU • For A Smart e-Billing Partner visit us www.MedicalBillingStar.com Source :American Medical Association