Quantcast
Business Resources
by Category








Try our "Virtual Buyers Guide!"
-flip through the pages!
-search by keyword!
-download to your desktop!
-forward to a colleague!
< Home  < Articles  < Article Details

 
 
Technology: Sorting Out Your Billing
You deserve every reimbursable penny earned. But how to decide which technology is right for your practice so you can collect it all?
By Shirley Grace

Lower A/R, both in age and amount — Expect most of your claims to come back within 30 days. “Blue Cross is our best payer — typically seven days,” says Fowler. “That makes my books look awesome.”

Trickle-down cleanup — Your billing solution or service can “learn,” so to speak. “If the ZIP doesn’t match the state, PayerPath will flag it as invalid. Then we can go back to our practice management system and fix it,” says Vitug. With increasingly more robust edits on the front end, you’ll get more and more squeaky-clean claims ready for submission, or “low-hanging fruit,” as Lewis describes it. You won’t be able to completely eliminate denials, but you’ll be able to fix them sooner and faster. Shah says, “If my docs pick a code which is not at the highest level, the code scrubber runs behind the scenes, picks it up, and drops it into a ‘bucket.’ We have one or two people assigned to clean up these claims. With the old system, this would put us behind 60 to 90 days. Now, it’s in the bucket immediately.”

Better patient care — Improved claims processing will directly affect your patients, eliminating the insurance eligibility game that your front-office staff currently has to play. They’ll know instantly whether the insurance info on the card is valid. Moreover, Web-based software will check patients’ copays. “We don’t have paperwork, and we don’t have to worry about handing it all to a clerk at the end of the day,” Shah says. “You have a clean bill submitted electronically while the patient is still in the parking lot.”

Compliance watchdog — Practices need all the help they can get to stay abreast of changes to healthcare regulations — handy in a business where the rules shift more often than a viral flu strain.

Happier staff — Expect a more relaxed atmosphere. Now there’s time to do what you need to do, so who wouldn’t be happier? “We now try to concentrate on fee schedule changes, compliance, and helping indigent patients,” says Cottrell. When’s the last time you took a look at your payer contracts? Your budget? Job descriptions? Mission statement (you have one, right)? With the pressure off, thanks to a good billing solution, you can direct your focus to these important but often neglected issues.

Fowler found he was able to realign some duties that pleased his staff. The receptionists now do the precerts — and with the billing application it’s a breeze. “And I tell the nurses they don’t have to know any coding, but they do have to mark the right vaccine.” A clearly laid out work flow also eases tension, says Shah, and increases staff morale; everyone knows what to do and when to do it. “If you have a system that forces you to do the next step before moving on to the next patient, you’ll get it done.”

Final considerations

Are you comfortable with the idea of entrusting an important part of your business to someone else? “Control is a major issue,” says Lewis. “If it’s my business and my practice, I’d think long and hard before relinquishing control.”

Fowler concurs, and also suggests that perhaps less is more, noting that “healthcare has created so many ‘little children,’ or ‘in-betweens,’ providing services.” Will adding this layer benefit you? Southeast New Mexico says yes. Village Pediatrics says no. Fowler (of Village Pediatrics) is the only biller for the two-provider, one-nurse practice. He single-handedly processes 500 claims a month. But with the practice growing as fast as the kids they treat (they opened just 18 months ago with zero patients), they may need to revisit their billing protocols soon.

Remember, the most important aspect of a billing solution is whether you actually make use of its capabilities once you have it. “What groups need to think about is how can they grow and [still] have the same amount of staff,” Navicure’s Craig Bridge says. “Employees want higher wages and insurance companies are lowering reimbursement rates. So you have to find a tech solution. If you’re not willing to use it, you won’t get the benefits.”

Shirley Grace, senior writer for Physicians Practice, holds an MA in nonfiction writing from The Johns Hopkins University. Her articles have appeared in numerous publications, including The Washington Post and Notre Dame Business magazine. She can be reached at sgrace@physicianspractice.com.

This article originally appeared in the October 2007 issue of
Physicians Practice.


Additional Resources
View more articles from the October 2007 issue

View more articles related to Billing & Collections

 
 


 

Home | Contact Us | Subscribe  | Site Map | Disclaimer | Privacy Policy | Change Zip Code
CancerNetwork | ConsultantLive | Diagnostic Imaging | Psychiatric Times
 SearchMedica

 Subscribe to Physicians Practice RSS

Connect with Physicians Practice on

           

Copyright © 2010 UBM Medica LLC,, a United Business Media company.
 
ADDITIONAL ONLINE RESOURCES FROM UBM MEDICA
Featured Resources > Pediatric Asthma > ASCO Conference Report > APA Conference Report > Consumer Healthcare Information > Patient and Caregiver Resource
CancerNetwork > Cancer diagnosis, treatment, and prevention > Podcasts for Oncologists > Cancer Patient Resources > Oncology Areas of Confusion > Oncology News > Cancer Management Handbook > Oncology E-Learning > Oncology Practice Management
Consultant Live > Practical Clinical Advice > Medical Photoclinic > Diagnosing and Treating H1N1 flu (swine flu) > Primary Care Conference Reports > Primary Care CME
Diagnostic Imaging > Medical Imaging News and Features > Medical Imaging and Radiology White Papers > Radiology Conference Reports > Radiology Special Reports > Radiology Careers > Radiology Net Seminars > Imaging Trends and Advances > CT Dose Issues and Articles > Molecular Imaging Articles
Psychiatric Times > Psychiatry Careers > Psychiatric News and Special Reports > Psychiatric Clinical Scales > Psychiatric Times Blog > Psychiatry Career Opportunities > Psychiatry CME > DSM-V
Physicians Practice > Practice Management > Practice Management Webinars > Medical Buyers Guide > Medical Coding > Practice Management Tools > Practice Management Podcasts > Today's Practice - Practice Management Resource
SearchMedica > Professional Medical Search > Medical Search Tips Newsletter > Medical Search News



 
 
-- Advertisement --


In Summary
A billing service:

  • Offers peace of mind that experts are handling your billing issues;

  • Allows billing staff to concentrate on less routine matters;

  • Helps to pinpoint overlooked data gaps or procedural anomalies;

  • Serves as a compliance watchdog for any changes in healthcare regulations;

  • Provides extra support if you face unexpected problems; and

  • Allows you to avoid the expense of procuring additional staff or technology components.

    Some factors to consider before choosing a billing service are:

  • A long learning curve on the billing service side to become comfortable with your practice’s routines;

  • A need to change some habits within your practice to make the relationship work; and

  • Cost — fees can run as high as 8 percent of your claims revenue.

    An electronic billing solution (either installed or Web-based):

  • Gives you remote access to your system at any time (if Web-based);

  • Allows you to reap the benefits of the billing software vendor’s expertise (i.e., effective front-end edits, regulation changes, payer relationships), while retaining control of your own data and procedures;

  • Gets you up and running quickly — see results in 30 days;

    Either method will:

  • Lower your A/R quickly, both in age and amount;

  • Reduce or even eliminate your denials;

  • Help clean up your data for future cleaner claims;

  • Allow you to offer better patient care; and

  • Cultivate a happier work environment.

  •  
    Read More About It
    See these related Physicians Practice articles and tools related to billing and collections:

  • Get the lowdown from the experts on collecting what you’ve earned by reading “Collect More Money!”

  • Need more detailed, expert advice on the benefits of electronic billing? Read “Your Electronic Billing Office.”

  • Download our flowchart, “What Causes Low Collections?”