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Tips for Choosing a Billing Service

Here are a few tips for choosing the right medical billing service for your practice:

Diamond Button Choose a medical billing service with expertise in your medical specialty. It is imperative the billing service stays current with the constantly changing claim submission regulations to ensure the fastest insurance reimbursement.
   
Diamond Button Make sure the majority of claims are submitted electronically. Not all insurance carriers are set up to receive claims electronically. Make sure those insurers you bill the most are submitted electronically if available.
   
Diamond Button Ask for references and make sure those providing the references have used the medical billing service for longer than six months.
   
Diamond Button What is their annual "denial rate" or the number of denied claims per year? Smaller denial rate is better for you.
   
Diamond Button Is the medical billing service and software they use compliant with HIPAA regulations?

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